Update on beverage & junk food taxes around the world

The new ultra-conservative Israeli administration immediately canceled a soft drink tax (and a tax on disposable plasticware) without any public consultation and was criticized by domestic and international health experts. Following a November 2022 vote, Colombia will be rolling out a tax in July [...]

Sugar & sweetened beverage tax updates: Latin America

As lifestyles and diets evolved, especially in developing nations, death rates due to noncommunicable diseases (NCD) such as diabetes and heart disease have continued to rise. These countries have explored a variety of policies to reduce the incidence of NCDs and increase life expectancies. [...]

Coffee prices are boiling!

Early this month, continuous nearby ICE coffee futures reached a ten-year high of $2.5020 per pound, still below the 2011 $3.00-plus record. Costly freight prices led coffee growers in Brazil, Colombia, and Ethiopia to default on prior sales commitments and instead hold back their [...]

Colombians look to form global cannabis hub

Some investors see great potential for cannabis production and processing in Colombia despite a few regulatory and climactic hurdles. For starters, the equator runs through Colombia, meaning warm temperatures, tropical rains, and long, sunny days, conditions that are perfect for growing cannabis plants, including [...]

Corn exports for 2019/20 at two-thirds of forecast

Corn export shipments for the week ending Jun. 4 were just over 1.24 MMT (49 million bushels), down roughly 8 percent from the week prior and but above the pace needed to reach USDA’s season forecast of 1.775 billion bushels. That 2019/20 export forecast [...]

Net U.S. corn export sales reach six-week high

For the week ending Jan. 23, net corn sales were at a six-week high 1.2 MMT (48.6 million bushels), up 23 percent from the previous week and nearly double the prior four-week average. Unknown destinations accounted for the most volume at 345,000 MT with [...]

More palm oil production expected in Latin America

In response to global concern about the loss of tropical rainforests, Malaysia has promised to limit its palm plantations to a total of 6 million hectares. Malaysia will also work to certify all domestic production as sustainable by the end of 2019. Now that [...]

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