IEG Vu's July Top 10: US AJC tariffs, blockchain technology, Thai pineapple harvest
Grains, oilseeds, cocoa, meat and sugar feature
High temperatures around the world and the fallout from the US-China trade war continue to have an impact on agricultural markets, while blockchain could be set to become a major factor in commodity trading.
The following articles were the most read on IEG Vu last month. Some are free to view for all, while others are restricted to channel subscriptions. Simply select the hyperlink in the headline to open the related content.
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- Higher US tariffs on Chinese AJC may open door to Polish imports (free to view) The potential for an additional duty on Chinese apple juice concentrate (AJC) imports into the US could be catastrophic for local producers, and provide rival producers with an opportunity to claim market share.
- Is blockchain technology ready to go mainstream? (free to view) ‘Blockchain’ has become one of the buzzwords of recent years, with major players like Cargill and Louis Dreyfus Company conducting successful trials, but is the technology ready to be implemented on a large-scale basis in the agricultural commodities sector?
- Thai pineapple industry forecasts smaller harvests Although the winter pineapple crop starting in October is expected to be smaller than last year’s, there will be no raw material shortage, Thai industry sources told IEG Vu today. Next year’s crop is also predicted to be reduced.
- Webinar: Grains and Oilseeds outlook for 2018 (free to view) With the escalating trade dispute between the US and China, and concerns over weather conditions in some of the biggest growing countries, there are a number of risk factors for the global grains and oilseeds market heading into the second half of the year.
- Sharp increase in prices for top quality raspberries Serbian raspberry prices could be set very soon, Dobrivoje Radovic, president of the Association of Raspberry Growers of Serbia, announced, hinting that there might even be some type of progress on a more unified advance price.
- Sub-standard Totapuri mango purée sold to numerous outlets (free to view) The Indian processed mango industry, not universally known for good practice, is seeing its reputation risked further by the behaviour of at least one, and probably more, processors.
- Webinar: Soft commodities outlook for 2018 (free to view) Listen to analysts from Informa’s Agribusiness Intelligence unit discuss the outlook for soft commodity markets; sugar, coffee and cocoa heading into the second half of 2018.
- Dairy fats plunge at global dairy event Butter and anhydrous milk fat (AMF) prices dropped at Global Dairy Trade (GDT) auction event in mid-July, as uncertainty looms over global markets.
- EU meat and sugar groups join overseas critics of post-Brexit quota proposal (free to view) European meat importers and sugar refiners have joined some of the EU’s closest trade partners in opposing the bloc’s plans for splitting quotas with the UK after Brexit.
- European listeria outbreak not limited to sweetcorn The listeria outbreak that has previously been only linked to sweetcorn from a processing plant in Hungary, has been found in other frozen vegetables processed at the same plant.
IEG Vu Half Year Outlook 2018
IEG Vu’s newly published Half Year Outlook 2018 supplement assesses market dynamics such as price, production, supply and demand for the range of food and drink commodities featured on the IEG Vu website.
IEG Vu subscribers can download the report from the Market Reviews section of the website. You can also listen to our podcast, covering the fruit juice, dried fruit, vanilla and butter markets here.
Non-subscribers, please follow this link to get your copy.