IEG Vu is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Commodities

Beverages Explore this Topic

Set Alert for IEG Vu Commodities :: Beverages

Argentine brewery moves into wine sector with winery acquisition

Cervecería y Maltería Quilmes, the brewery owned by AB InBev, has bought Argentina’s Dante Robino winery for an undisclosed sum, and plans to double the producer’s share of the domestic market in two years.

Argentina Beverages

Brazilian 2019 ending stocks of FCOJ highest for five years

An independent survey carried out by Brazilian orange juice exporters’ association CitrusBR shows that the country’s FCOJ inventory, as at December 31 2019, was 853,778 tonnes.

Brazil Beverages

Thai pineapple raw material price rises further

Thailand’s small and medium size canneries are struggling to face latest raw material price increase, resulting in less supply available of good quality amid current scarcity.  

Fresh Pineapple Canned Pineapple

Gulfood 2020: Delayed and possibly cancelled contracts are the big concern

The Gulfood 2020 exhibition has now ended and it is time to take stock. The over-riding concern of almost all companies that spoke with IEG Vu is the effect of the Covid-19 (coronavirus) outbreak on trade, both to and from China.

China International

EBRD to fund Egyptian and Jordanian juice and dairy sectors

The European Bank for Reconstruction and Development (EBRD) is lending up to USD100 million to food and beverages producer Almarai for new investments in Egypt and Jordan.

Egypt Jordan

TB Fruit to move frozen business from Poland to Ukraine

TB Fruit, one of Europe's largest apple juice concentrate producers, said it will relocate its frozen fruit, berry and vegetable operations from Poland to its domestic market Ukraine to 'create prerequisites for the development of the country's raw material base'.

Ukraine Frozen Blueberries
See All

Canned & Tomato Products Explore this Topic

Set Alert for IEG Vu Commodities :: Canned and Tomato Products

Heinz to increase tomato production in Venezuela

Alimentos Heinz has recently announced the start of its ‘Zafra del Tomate 2020’, an initiative aiming to increase production of industrial tomato in Venezuela.

Venezuela Canned & Tomato Products

Thai pineapple raw material price rises further

Thailand’s small and medium size canneries are struggling to face latest raw material price increase, resulting in less supply available of good quality amid current scarcity.  

Fresh Pineapple Canned Pineapple

Gulfood 2020: Delayed and possibly cancelled contracts are the big concern

The Gulfood 2020 exhibition has now ended and it is time to take stock. The over-riding concern of almost all companies that spoke with IEG Vu is the effect of the Covid-19 (coronavirus) outbreak on trade, both to and from China.

China International

More tomato pulp and less concentrate processed in northern Italy

The Italian tomato industry is increasingly focused on high-profit product which has led to an increase in the production of pulp over concentrate.

Italy Canned & Tomato Products

Skipjack tuna raw material landings in Manta note another rise

Prices for skipjack tuna raw material in top world hubs Bangkok and Manta are currently going hand in hand, with Bangkok’s price rise confirmed this week and Manta’s market following suit.

Asia Pacific Europe

EU fishing operations in Seychelles still pending

EU fishing operations in the Seychelles remain on hold, waiting for the renewal of the Sustainable Fisheries Partnership Agreement between the European Union and the Republic of Seychelles.  

Europe Middle East and Africa
See All

Cocoa Explore this Topic

Set Alert for IEG Vu Commodities :: Cocoa

Futures Review: Cocoa closes lower on forecast rains in West Africa

Cocoa prices on Friday (February 21) gave up early gains and closed lower on updated weather forecasts that called for weekend rains in West Africa.

Cocoa Futures

Weekly Review: Key weeks for cocoa crop development

Cocoa futures remain near the top end of their past three-year range, awaiting proof that approaching African mid-crops have had enough recent rain to end drought threats and turn large numbers of flowers and young pods into a decent harvest.

Cocoa Price

Futures Review: Cocoa closes higher with London at a 1-week high

Cocoa prices posted moderate gains on Thursday (February 20) with London cocoa at a 1-week high on weakness in the British pound.

Cocoa Futures

“Cocoa farmers should be some of the richest people in the world”

Top Nigerian cocoa researcher, Peter Aikpokpodion, believes that cocoa farmers in West Africa should not be poor, but rather, be some of the richest people in the world.

Cocoa Nigeria

Futures Review: Cocoa closes modestly higher

Cocoa prices posted modest gains on Wednesday (February 19) on continued consolidation below last week's highs.

Cocoa Futures

Futures Review: Cocoa prices settle lower on ample supplies

Cocoa prices retreated on Tuesday (February 18) on news of ample supplies from top producers Ivory Coast and Ghana.

Cocoa Futures
See All

Coffee Explore this Topic

Set Alert for IEG Vu Commodities :: Coffee

Intl FCStone sees record 2020/21 Brazilian coffee crop

Coffee production should reach 65.1 million 60-kilo bags in 2020/21, up from 53 mln in the previous season, a record level but distant from the highest estimates so far, broker and consultancy INTL FCStone said.

Brazil Coffee

Futures Review: Arabica coffee jumps

Arabica coffee rebounded, rising more than 5% after the prior session's sharp fall.

Coffee Arabica

Weekly Review: Coffee ponders next move

Recently weaker coffee futures failed to maintain a partial rally, despite hitting three-week highs at one stage.

Coffee Arabica

Futures Review: Brazilian real weakness prompts drop in coffee

Coffee futures prices were under pressure and settled lower as the Brazilian real fell to an all-time low against the US dollar.

Futures Coffee

Ugandan coffee exports rise in January

Uganda’s coffee exports rose by 19.0% in January, the state-run Uganda Coffee Development Authority (UCDA) indicated.

Uganda Coffee

Futures Review: Coffee ends narrowly mixed amid lack of direction

The most-active May arabica coffee contract settled up 0.15¢ at 109.00¢ per lb, in dealings between 107.55 and 110.05¢.

Coffee Arabica
See All

Dairy Explore this Topic

Set Alert for IEG Vu Commodities :: Dairy

Dairy Price Update: Futures take big hit as coronavirus itensifies in China

Dairy prices continue easing, as coronavirus outbreak in China takes toll on global dairy futures.

New Zealand Futures

Freeze-dried berries act as stabilisers in ice cream

USDA researchers have found that freeze-dried berry powder, in particular strawberry, can act as stabilisers for ice cream and other frozen dairy desserts.

Frozen Foods Frozen Blueberries

Monthly report: Ukrainian export-oriented dairy industry in headwinds as imports grow

The dairy industry in Ukraine, despite success in export markets in recent years, is facing headwinds that prevent its dairy industry from further development.

Ukraine Butter

Dairy Price Update: Chinese virus cargo delays concerns Polish dairy market

Polish prices saw across-the-board price movements over the last week, as the threat of coronavirus-related export delays raises concerns among the country's dairy players.

Poland Butter

Uruguay's dairy exports increased y-o-y

The total volume of dairy products exported by Uruguay increased by 9.7% year-on-year in January, according to the National Milk Institute (INALE).

Uruguay Dairy

Nigeria triggers trade ‘chaos’ as dairy import licences revoked

European dairy traders have warned of “absolute chaos” on the market of Africa's most populous country following a decision by Nigerian authorities to withdraw import licences from all but six companies.

Nigeria Dairy Products
See All

Dried Fruit & Nuts Explore this Topic

Set Alert for IEG Vu Commodities :: Dried Fruit and Nuts

Spanish almond industry establishes new domestic product standards

The main Spanish almond associations (Aeofruse, Almendrave, Descalmendra, Coag and the Spanish Cooperative Association) have approved official standards for domestic almond varieties, simplifying the available official list. 

Almonds Spain

Indian cashew auctions in full swing

Traditional Indian cashew harvest auctions are busy in the state of Goa. The growing areas of Mormugao, Canacona and Ponda started in the last week of January.  

India Cashews

Raw material scarcity pushes up dehydrated pineapple prices

Strong rise in Thai raw pineapple price is halting the dehydrating processor industry activity, as juice and cannery processors are also suffering. 

Dried Tropical Fruit Thailand

Borges reports strong income despite falling turnover

Borges closed the 2018-19 (June-May) marketing year with a net profit of EUR20 million (USD21.6 mln), a third more year-on-year, despite turnover falling by 15.8% to EUR690.

Dried Fruit & Nuts Oils & Oilseeds

Australian macadamia grower and processor develops new brand

The Australian company Macadamia Processing Co (MPC) has announced the start of the brand Marquis Macadamias, which includes several macadamia growers and processors from Australia and South Africa such as Pacific Gold Macadamias and Global Macadamias. 

Macadamias Australia

Argentine planted peanut area continues falling

Argentina’s 2019-20 peanut planted area is expected to total 351,733 hectares, 9.3% less year-on-year, according to the Argentine Peanut Chamber (CAM). 

Peanuts Argentina
See All

Fresh Fruit & Veg Explore this Topic

Set Alert for IEG Vu Commodities :: Fresh Fruit and Vegetables

Thai pineapple raw material price rises further

Thailand’s small and medium size canneries are struggling to face latest raw material price increase, resulting in less supply available of good quality amid current scarcity.  

Fresh Pineapple Canned Pineapple

A challenging season ahead for the European potato industry

The expected expansion in cultivated area, Brexit and the new regulation on anti-sprouting has set the premises for an uncertain potato season in 2020.

Europe Belgium

North America potato stocks data released

Potato stocks in the US were down by 3% on February 1, while in Canada they were slightly above the three-year average.

Canada United States

Ecuadorian company to produce avocado in Colombia

Ecuadorian vegetable processor Provefrut will invest USD10 million in procesing frozen avocado in Colombia, the Ministry of Commerce, Industry, and Tourism of Colombia reported.

Colombia Fresh Fruit & Vegetables

Gulfood 2020: Rockit miniature apples prove a soaring success

Rockit miniature apples, showcased at Gulfood on the New Zealand pavilion, are a natural hybrid of the popular Gala and Gala/Splendour varieties. Originally from New Zealand, they can be grown in both hemispheres.

New Zealand Fresh Fruit & Vegetables

A cocktail of bacteria for the sustainability of Spanish strawberry

A pool of researchers has identified a cocktail of bacteria which would enable a reduction in water and pesticides usage for strawberry cultivation in the Huelva province of Andalucia where fields surround the UNESCO’s world heritage site of Doñana National Park.

Spain Fresh Fruit & Vegetables
See All

Frozen Foods Explore this Topic

Set Alert for IEG Vu Commodities :: Frozen Foods

Blackcurrant exports in decline

Trade of frozen blackcurrants has fallen again in 2019, a year after showing some signs of recovery over the past two seasons.

Poland Belarus

Freeze-dried berries act as stabilisers in ice cream

USDA researchers have found that freeze-dried berry powder, in particular strawberry, can act as stabilisers for ice cream and other frozen dairy desserts.

Frozen Foods Frozen Blueberries

A challenging season ahead for the European potato industry

The expected expansion in cultivated area, Brexit and the new regulation on anti-sprouting has set the premises for an uncertain potato season in 2020.

Europe Belgium

Smaller Chilean raspberry crop lifting prices for IQF

The worst drought in 50 years has taken its toll on harvested raspberry volumes in Chile, causing prices to increase by 14% compared with the beginning of the season.

Chile Frozen Foods

Key brands send Ferrero revenues soaring

Ferrero’s consolidated revenues hit EUR11.4 billion (USD12.33 bln) in 2019, a 6.2% increase compared with the previous EUR10.7 bln.

International Dried Fruit & Nuts

North America potato stocks data released

Potato stocks in the US were down by 3% on February 1, while in Canada they were slightly above the three-year average.

Canada United States
See All

Grains & Feed Explore this Topic

Set Alert for IEG Vu Commodities :: Grains and Feed

US Futures Review: Futures slumped as USD data weighed

Wheat futures were lower on Friday on technical selling.

Wheat Futures

US Futures Review: USDA projections prompt lower finish for corn

Corn futures continued to trade lower on Friday as USDA’s projection from its Agricultural Outlook showed a bearish scenario for corn in 2020/21 with carryout forecast at 2.6 billion bushels.

Corn Futures

USDA 2020/21 outlooks: China deal noticeably absent

USDA released its initial 2020/21 outlooks at the Agricultural Outlook Forum, with only scant mention of China in the updates which cover prospects for the year ahead.

Corn Wheat

Weekly Review: US soy oil stocks build as crush rises

January’s record monthly US soy crush made a supportive headline but masked the pileup of oil product stocks with processors – oil reaching a 22-month high.

Soy Price

Weekly Review: Does US need bigger corn plantings this year?

Despite a smaller than expected crop in 2019, US corn carryout for this season is not currently seen tight, mainly because exports have fallen twice as much as domestic demand was expected to rise.

Corn Price

Weekly Review: Crop issues bolster wilting wheat market

Wheat futures initially reversed their recent losses as trade resumed in a US-holiday-shortened week, re-focused on European and Australian crop issues.

Wheat Futures
See All

Meat & Livestock Explore this Topic

Set Alert for IEG Vu Commodities :: Meat and Livestock

Latest From Meat & Livestock

EU poultry update: Broiler price hits nine-month high

The EU broiler market has jumped by 2.0% over the past week, taking the average price to a new nine-month high.

EU Poultry

USDA lifts ban on Brazilian beef, says country has addressed all safety concerns

USDA’s Food Safety and Inspection Service (FSIS) announced Friday (Feb. 21) it has lifted the two-year suspension of raw beef imports from Brazil – a move that comes to the relief of Brazilian authorities but has been condemned by US food safety advocates.

Cattle & Beef United States

European lamb prices fall back despite UK price surge

European lamb prices have fallen back over the past week, as the divergence between UK and EU27 markets intensified.

EU Sheep & Goats

European pig prices keep rising as supplies run low

Concerns over reduced supplies of pigs have kept European pig markets buoyant once again over the past week, despite the continuing logistical problems in China.

EU Hogs & Pork

USDA 2020/21 outlooks: China deal noticeably absent

USDA released its initial 2020/21 outlooks at the Agricultural Outlook Forum, with only scant mention of China in the updates which cover prospects for the year ahead.

Corn Wheat

Solar panels incompatible with free range eggs, says Commission

Eggs cannot be marketed as ‘free range’ if they come from hens raised in open-air runs with solar panel installations, the European Commission has confirmed.

EU Poultry
See All

Oils & Oilseeds Explore this Topic

Set Alert for IEG Vu Commodities :: Oils and Oilseeds

US Futures Review: Soybeans weaken despite forecast tighter US ending stocks

Soybean futures ended lower along with soybean meal futures Friday, while soybean oil futures gained. March soybean futures were 2 1/4 cents lower at USD8.90 1/2.

Soy Futures

Weekly Review: Rapeseed retreats despite tighter supply

Weakening palm and soy oil prices, still ample supplies in Canada’s commercial pipeline and transport blockages to export ports saw Winnipeg canola futures relinquish another chunk of their recent rally.

Rapeseed Price

Weekly Review: Weaker demand outlook continues to depress palm oil price

Back in January it was suggested India’s switch to Indonesian palm oil might see other customers seeking more from Malaysia – a trend that could be encouraged in palm’s many price-sensitive developing country markets by its oil becoming the cheaper of the two.

Palm Oil Price

Weekly Review: US soy oil stocks build as crush rises

January’s record monthly US soy crush made a supportive headline but masked the pileup of oil product stocks with processors – oil reaching a 22-month high.

Soy Price

US pork groups seek soy import curbs to address ASF threat

Pork industry groups from across the US have written to Agriculture Secretary Sonny Perdue calling for extra measures to guard against African Swine Fever – including new restrictions on soy imports.

United States Soy

US Futures Review: Soybeans decline as USDA shows higher acreage

Soybean futures ended lower along with the rest of the complex Thursday as USDA’s Agricultural Outlook Forum showed the market a projected return to higher soybean acreage in 2020 compared to the amount estimated following last year’s challenging planting season. 
Soy Futures
See All

Spices & Exotics Explore this Topic

Set Alert for IEG Vu Commodities :: Spices and Exotics

Strong demand for Spanish garlic due to coronavirus

The Spanish Association of Garlic Growers and Traders (Anpca) has reported that domestic product is experiencing a strong growth in demand, especially inside the EU, due to the Covid-19 epidemic’s effects on the Chinese industry. 

Garlic Spain

Guatemala closed 2020 with record export revenue for cardamom

Guatemalan cardamom exports were flat at around 36,600 tonnes but increased in value by 49.3% to USD648.0 million in 2019 compared with the previous year, according to customs data. 

Cardamom Guatemala

Indian cumin seed price continues falling

The Indian cumin seed fob spot price fell to 14,164 per quintal (USD198.0/quintal) on February 19, 10.6% less than on January 20 at Unjha market, in the state of Gujarat (East India).

Cumin India

Class action lawsuit against US retailer due to vanilla flavour in almond beverage

The New York-located Sheehan & Associates attorney firm, on behalf of the US citizen Lafremia Powell, has started a class action lawsuit against the US retailer Dollar Tree Stores because the plaintiff claims that the company is misleading information on its labelling about the vanilla content of its almond beverage. 

Vanilla United States

EU honey producers sound the alarm over ‘critical’ market situation

Cheap and diluted imports from China are threatening the viability of EU honey production, the sector has warned EU policymakers. On February 14, EU farming association Copa-Cogeca called on EU policymakers for a “strong and rapid response” to the “critical” situation on the honey market.

Honey EU

IFF closes the year with growing sales in all units

The US flavours house International Flavors & Fragrances (IFF) reported total sales of USD5.1 billion in 2019, 29% more than in 2018 with growth in all units, including the contribution of sales related to Frutarom.  

Essential Oils Citrus Oils
See All

Sugar Explore this Topic

Set Alert for IEG Vu Commodities :: Sugar

Thai sugar cane crush hits 71 mln tonnes

Thailand’s daily sugar cane crushing rates have fallen below half a million tonnes as the crushing season is winding down fast, industry data showed.

Thailand Sugar

Futures Review: Sugar ends with small gains

Raw sugar futures in New York ended with small gains in the final session of the week as market sentiment remained supportive.

Sugar Cane Sugar

Weekly Review: Is over 15¢ sugar’s new normal?

Sugar has had less help from energy markets recently, firming ideas that Brazil will switch more of its cane crush from ethanol to the sweetener. 

Sugar Cane Sugar

Futures Review: Sugar settles weaker

Raw sugar futures in New York settled weaker after two sessions of gains as the market was under pressure from a weakening of the Brazilian real to a fresh all-time low.

Futures Sugar

Philippines sugar output slips y-o-y

Philippines sugar production in the week ended February 2 fell in year-ago comparisons, SRA data showed.

Philippines Sugar

Futures Review: Sugar posts solid gains

Raw sugar futures in New York ended higher as the market is showing renewed strength after a period of consolidation which followed on last week's advance to a May 2017 high of 15.90¢/lb.

Sugar Cane Sugar
See All
UsernamePublicRestriction

Register