Global oilseed trade is forecast to increase 1 percent due to soybean import demand offsetting lower rapeseed and sunflower seed imports. Slowing economic growth in China and the EU, growing domestic oilseed production, and South America’s continuing expansion of soybean-planted farmland are likely to [...]
In the March WASDE report, USDA reported the estimated shortfall in raw tariff-rate quota (TRQ) imports at 255,000 STRV (short tons raw value) for 2022/23, or about 231,300 MTRV (metric tons raw value). TRQ volumes are assigned on a per-country basis every year, and [...]
Out of the initial Indian export quota of 6 MMT of sugar for 2022/23, between 5.3 and 5.5 MMT had already been sold at the end of December 2022, per Hindu Business Line. In 2021/22, India exported 11.2 MMT of sugar, and expectations are [...]
Yerba mate is native to parts of South America and has been historically linked to the Indigenous people of that continent. Often referred to as an herb “from the gods,” it was associated with warrior and nomadic lifestyles due to acting as a natural [...]
In April, FAO’s Food Price Index (FPI) fell slightly from March, possibly a positive sign after strong food price inflation in previous months. Adjusted for inflation, the FPI was 121.8, down about 0.8 percent from prices in March. The FPI was still up 28 [...]
In the week ending Mar. 18, U.S. ethanol blending and refining use was 865,000 barrels per day (bpd), a five-week low but up 3 percent YOY. In past seasons, ethanol use usually starts rising at this time of the year. Ethanol production was just [...]
U.S. soybean exports were a bit above the seasonal average last week, although nothing shocking. Sales remained strong, with China adding a net 395,540 MT (well above average for this time of year) and sales to unknown destinations (often China) rising by a net [...]
In November 2021, the U.S. levied varying levels of anti-dumping duties on our top honey origins, effectively choking trade from Vietnam, Argentina, India, and Brazil. Imports of raw honey in November totaled 8,933 metric tons and fell to 6,271 MT in December, compared to [...]
