Bulgarian poultry production should expand again this year as the sector fills gaps in pork supplies, which have been hit by outbreaks of African Swine Fever (ASF).
Barry Callebaut has started manufacturing at its second chocolate plant in Rancaekek, a sub-district of Bandung, Indonesia.
The first sweetcorn crop in Hungary ended on adequate levels in late July, with the harvest of the second crop starting in late August, to last until late October.
Brazilian coffee farmers have basically finished harvesting the 2019/20 crop, local consultancy Safras & Mercado said.
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Half Year Outlooks
Europe’s efforts to guarantee tuna supply at the most competitive prices crystallised in several trade deals during the last six months, which have not gone unnoticed to Ecuador, the traditional top tuna supplier to the EU and now willing to increase tuna market share in the US, against Thailand.
Poland might lose the crown of Europe’s largest exporter of frozen strawberry as buyers show an increasing interest toward new and cheaper origins.
Grains & Softs
Brazilian state Pará’s cocoa output is expected to reach record levels, according to the Brazilian consultancy TH Consultoria.
Latest From Grains & Feed, Sugar, Cocoa & Coffee
A larger than expected Ivorian cocoa crop combined with growing global economic gloom to push New York futures down to five-month lows this week, almost 15% below their June highs.
Trade chatter that the next (2020) Brazilian crop might have been damaged more than thought by recent cold weather combined with a bounce in the country’s currency to lift values off the three-month lows seen earlier this week.
Plummeting corn values have slowed US farmer selling and encouraged some key importers like South Korea and Mexico to take on a bit more stock recently, but the frequently moribund export market may need to wake up more to stem the price decline, analysts say.
Processed Food & Ingredients
Juice and soft drinks giant Refresco has reported a good rise in volumes and profits for its fiscal second half of 2019.
Latest From Canned & Tomato Products, Dried Fruit & Nuts, Frozen Foods, Fresh Fruit & Vegetables, Beverages & Spices & Exotics
US peanuts have regained access to the Russian market, with the ban expected to be lifted in three days, Rosselkhoznadzor said.
Four of the last six US apple harvests rank in the top 10 of historical production, including the record 2014 harvest. This year’s harvest is forecast at 253,095 bushels, equivalent to 4.82 million tonnes, US Apple Association director Mark Seetin told delegates at this year’s USApple conference in Chicago.
Dairy & Meat
Brazilian dairy product imports fell by 9.3% in July from the previous month to 10,193 tonnes, according to Cepea.
Latest From Dairy & Meat & Livestock
The EU pig market is once again heading strongly upwards, with increasing domestic demand and continuing strong Chinese export demand exerting upward pressure on prices.
Japanese and Ukrainian authorities have agreed on veterinary certificates, allowing Ukrainian poultry exports to commence to Japan, according to the State Food and Beverage Service.
European broiler prices have held steady over the past week, sustaining the more stable market patterns noted over recent weeks.
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