Hurricane Ian may be Category-3 when it reaches U.S. Gulf Coast

Hurricane Ian is forecast to be the first named storm to make U.S. landfall this season. Meteorologists believe that Ian could be a Category-3 hurricane by the time it reaches Florida’s Gulf coast. Besides rain and sustained high winds, Ian could bring a storm [...]

U.S. 2022/23 sugar beet quality concerns

In its latest reporting, USDA showed a slight decline in the overall quality of the 2022/23 sugar beet crop. For the top four growing states, beets in good to excellent condition fell from 75.0 percent to 72.3 percent of the crop. Beets in the [...]

Mexico sugar pricing ticks higher in September

In the week of Sep. 12, reference sugar prices ticked slightly higher, up half a percent for estandar and up 0.8 percent for refined from the prior week. Source: SNIIM, McKeany-Flavell Average estandar pricing dipped 0.1 percent in August, while refined pricing rose by [...]

FAO Food Price Index falls to seven-month low

Adjusted for inflation, FAO’s Food Price Index (FPI) fell 1.9 percent from July to a seven-month low but was still up 6% YOY. This is a change from prices in July, up 11 percent YOY, and from May and June prices, up 20 percent [...]

Commodity ingredient intelligence

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 [...]

Food CPI up 10.9% YOY

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 [...]

Brazil sugar exports pick up in July

From April through July, center-south cane crush was down 7 percent YOY. Sugar production was down 13 percent YOY at some 16.0 MMT, while ethanol manufacturing was down 4 percent YOY at 13.7 billion liters. The cumulative sugar share of cane use was 44 [...]

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