In a four-session rally that began last Friday, most active Nov-22 FCOJ jumped from resistance near 163.35 cents per pound solids to a settle Wednesday at 185.35 cents, breaking past the previous August high and the upper Bollinger Band. The contract gave back some [...]
We hope you have been finding our In the Know blog both useful and informative. But did you know that our IQ Ingredient Intelligence platform provides multiple daily commentaries on a variety of commodity and ingredient markets? In addition, the platform offer access to [...]
Data reported by BLS shows that food inflation was 1.1 percent in July, with the Consumer Price Index (CPI) for food now up 10.9 percent YOY. The major contributor has been the price of food at home, up 13.1 percent YOY; food away from [...]
The June Consumer Price Index (CPI) data for June showed that pricing for all food was up 1.0 percent from May and up 10.4 percent from June 2021. For food at home, pricing is up 12.2 percent YOY. As a reminder, food prices represent [...]
ERS published data on Consumer Price Indexes (CPI) for food this Friday, unsurprisingly showing higher prices in May across all food categories in the U.S. As a result, the composite food CPI was estimated up 1.1 percent from April 2022 and up 10.1 percent [...]
ERS estimates inflation for selected food price indexes in the U.S. was 1.0 percent in April vs. March, with inflation for food at home at 1.3 percent that month. Eggs saw double-digit inflation, up 10.3 percent from March and up 22.6 percent YOY. Dairy [...]
The 2021 water year was the second driest on record, and the state of California had been hoping for a wet winter. Rains and snows from January through March, however, were the lowest on record. As of Apr. 1, the state’s snowpack was just [...]
Coconut oil is either extracted from copra (the kernel of the coconut palm fruit) or derived from its meaty interior, and like other edible oils, it can be processed into virgin, refined, and unrefined grades. The oil can be incorporated as an ingredient in [...]
