Cumulative sugar deliveries for human use down 1.7%

From October through March, U.S. sugar deliveries for human use (and products re-export) totaled 4.57 million STRV, down 1.7 percent from the same period a year prior. Deliveries for the top two sectors were down YOY, bakery and cereal down 1.6 percent, and wholesale [...]

World food prices up for tenth straight month

Adjusted for inflation, FAO’s Food Price Index rose over 2 percent from February and was up 25 percent YOY. This was the tenth straight month of gains for the price index. For 2021 through March, food prices are up 17 percent year on year [...]

Forecasters calling for another active hurricane season this coming summer

AccuWeather released its first predictions for the coming North Atlantic hurricane season, which will begin officially in June of this year. Although not expected to be as active and severe as 2020‘s season, which saw the most named storms to strike the U.S. since [...]

Sugar beet planting intentions

As anticipated by the trade, sugar beet plantings are expected to rise almost 2 percent or 6,800 acres in 2021. In the last three seasons, poor weather depressed yields in the Red River Valley (RRV), which would typically account for about 50 percent of [...]

India official 2020/21 sugar output forecast cut 800,000 MT

India’s government now forecasts 2020/21 sugar manufacturing at 30.2 MMT, down 800,000 MT from the previous forecast. Per The Financial Express, production is seen below expectations in the key cane states Uttar Pradesh, with unseasonal rains contributing to a drop in production of some [...]

Strong February gains for the Food Price Index

FAO reported the February Food Price Index (inflation adjusted) up almost 15 percent from January. The index saw gains for nine straight months and is now at its highest point since 2011. Every single subindex gained in February, with the strongest gains seen for [...]

Mexico sugar campaign still strong, pressuring pricing

Mexico’s crush campaign remains strong, with harvest area up nearly 11 percent YOY and up 8 percent from the five-year average. Cane crush is up even more strongly, up 15 percent YOY. With sugar recovery also up, total 2020/21 production reached 2.826 MMT as [...]

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