On the same day, Mar. 10, that USDA published a forecast for U.S. sugar stocks-to-use (STU) at 7.2 percent—for those keeping score at home, just a bit over half of the target STU of 13.5 percent—the agency is already taking some steps to reassure [...]
Spot pricing for apple juice concentrate out of Europe has declined about 3 percent this month from four weeks ago, with the low end of the range now below $7 per gallon and average pricing around $7.60. European AJC is very close to year-ago [...]
This year, U.S. imports of the major juices (orange, apple, grape, and pineapple) totaled 515.1 million single-strength-equivalent (SSE) gallons, down 7.5 percent from Jan-May 2018. Total imports were lower each month this year, due in part to the decline in orange juice imports as [...]
This past Wednesday, the Jul-19 corn futures contract pushed to a three-year high before showing resistance around $4.38. The market rally began on May 13, when futures opened at a 2019 low of $3.35 and have only declined in two trading days since. In [...]
Despite low, stable pricing for pineapple juice concentrate, U.S. imports remain weak overall, with January-March 2019 imports down 9 percent from Q1 2018. Q1 imports from our top three origins (Thailand, the Philippines, and Costa Rica) accounted for over 80 percent of total Q1 [...]
With import/export volumes being reported again, we now know that the U.S. imported over 5.5 million gallons of 70˚ Brix apple juice concentrate in November, up more than 15 percent from the small volumes imported in September and October but still below levels seen [...]
U.S. almond and walnut exports moved briskly during Q4 2018. Almond exports totaled 498.5 million pounds (shelled and in-shell basis), which was down less than 1 percent from Q4 2017’s record volume and was 26 percent higher than the five-year average for Q4. The [...]
Canadian canola processors crushed over 820,500 metric tons of the oilseed in November, up 18 percent from October’s volume and up 2 percent from November 2017. Although crush and oil and meal production have slowed down since summertime’s blowout pace, and Sep-Oct processing volumes [...]
