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

Croatian beverage and frozen food companies banned from trading

The Zagreb Stock Exchange has temporarily suspended eight subsidiaries of Agrokor, one of the country’s largest food processors and retailers, and its largest privately-owned company, from trading.

Fruit Drinks Bottled Water

Early weather worry does not scare Indian mango industry

The perennial series of conflicting Indian weather reports, and their likely effect on the country’s mango crop, seems to have started early this year.

Fresh Fruit & Vegetables Fresh Tropical Fruit

Vietnamese firm presents juice drinks with chia seeds

Pulpy juice drinks are popular in Asia. A Vietnamese company displayed its latest products, juice drinks with inclusions, at this week’s Gulfood show in Dubai.

Blended Juices Fruit Drinks

Peruvian tropical juice and purée maker seeks Middle Eastern business

Pacific Fruit, whose processing plant is in Canete province, Peru, produces single strength purées of the following fruits: blueberry, goldenberry, lucuma, mango, passionfruit, peach, pineapple, pomegranate, prickly pear, soursop (guanabana) and starfruit.

Pineapple Juice Mango Juice

Fears for next season’s South African peach harvest

South Africa’s deciduous fruit harvests this year were slightly down on last year’s, but considering the drought in the Western Cape, they stood up remarkably well.

South Africa Beverages

Açaí drink maker to construct plant in Philippines

Cebu-based Organique Inc, the company behind Organique Açaí Berry, is building a processing plant in Cavite, in the Philippines, to cater for anticipated growing demand there and in other Asian countries.

Superfruit Juices Philippines
See All

Canned & Tomato Products Explore this Topic

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

First tomato price agreed in California

Stanislaus Food Products has reached an initial agreement with the California tomato growers association (CTGA) on the prices to be paid to tomato growers in the 2018 season.
Price Canned & Tomato Products

Brazilian tomato processor installs new packaging line

Bemis, a global manufacturer of flexible packaging products, has commissioned a new Totani pouch production line in the Patos de Minas canning plant controlled by Predilecta, a Brazilian producer of processed tomato, fruit nectars and canned vegetables.

Brazil Investments

Moscow government will help fund canned mushroom project

Igor Chaika, son of Russia's Prosecutor-General Yury Chaika, aims to become one of Russia’s largest producers of canned mushrooms and other canned vegetables, with the aid of the Moscow city authorities who will contribute 20% of the estimated RUB3.0 billion (USD45 million) cost.

Canned Mushrooms Russian Federation

Insolvent Spanish anchovy processor in takeover talks

The Spanish investment group Cantabria Family has made an offer to acquire the anchovy processor Conservas Fredo, under liquidation since February 2017, local media reported this week.

Europe Spain

Tomalia refinanced its debt

The tomato cooperative signed last December a refinancing agreement of about EUR25 million (USD30.8 mln) to cover losses and reinvest in the coming season, while the cooperative’s partners have recently invested EUR3.7 mln to expand its capital.

Tomato Paste Production

Seneca to close canned peach facility in California

The US fruit and vegetable processor Seneca Foods Corporation will close the Modesto-based facility in California due to “challenging economic conditions”, the company announced this week.

US States Production
See All

Cocoa Explore this Topic

Set Alert for IEG Vu Commodities :: Cocoa

Barry Callebaut launches innovative chocolate for US market

Leading chocolate and cocoa product manufacturer Barry Callebaut has announced the production of a high-flavanol chocolate for US consumers.

Cocoa Barry Callebaut

Futures Review: Cocoa rally continues but for how long?

Cocoa was still on a bullish streak last night as both London and New York contracts skirted around further 3-month highs.

Cocoa Futures

Ivory Coast cocoa council slaps 10-year ban on Belgian trader

Ivory Coast's Coffee and Cocoa Council (CCC) has banned Belgian trader Sopex from contracting with local cocoa exporters and processors for 10 years for failing to respect its commercial engagements.

Cocoa Trade Disputes

Futures Review: Bullish times for cocoa roll on

Cocoa futures remain robust with signs that there might be room for further hikes.

Cocoa Futures

Podcast: Are cocoa and grains supplies heading for a surplus or deficit?

The global cocoa industry witnessed a record surplus in 2017, with a similar fate set for 2018. The outlook for grains, meanwhile, seems to be one of a deficit; but, is that true for all grains?

Cocoa Wheat

Ivorian cocoa arrivals continue ascent

Cocoa volumes flooding into Ivory Coast’s ports are still showing signs of strength given another week-on-week climb.

Cocoa Côte d'Ivoire
See All

Coffee Explore this Topic

Set Alert for IEG Vu Commodities :: Coffee

Brazil to export 8% more coffee in 2018

Brazil's largest coffee cooperative, Cooxupé, projects to export 4.4 million 60-kilo bags of coffee this year, 8% more than in 2017, as production jumps in the area where it operates in Minas Gerais state, Reuters reported.

Brazil Coffee

Futures Review: Arabica coffee hits 2-month low

Arabica coffee futures fell for the fourth straight session to touch a two-month low. Market sources pointed to technical selling.

Coffee Arabica

Futures Review: Robusta end up, Arabica down

Arabica futures in New York extended last week's losses to reach the lowest level in about two months.

Coffee Futures

Futures Review: Robusta coffee hits 2-week low in thin trade

The March Robusta coffee contract settled down USD12 at USD1,777 a tonne, in dealings between USD1,775 and USD1,794. The more liquid May contract shed USD13 to settle at USD1,741 a tonne, after slipping to a two-week low of USD1,738 in late trade. The rest of the board was down USD7-14.

Futures Coffee

Futures Review: Arabica coffee drops to 2-month low ahead of notice period

Arabica futures in New York fell to its lowest level in two months on technical weakness with the spot contract's first notice day on Tuesday (February 20) approaching.

Coffee Arabica

IEG Vu Prices Briefing: Soy sellers rattled; sugar anomaly; butter bounce; and almonds edge up

Prospects for Argentina’s soy crop have declined again; while weak whites and firm raws sour the sugar market. Butter is proving its health credentials and providing a sweet spot for traders. Festivities in Brazil and China are having an impact on, respectively, live cattle and apple juice concentrate. And strong demand lifts Californian almonds.

Soymeal Beet Sugar
See All

Dairy Explore this Topic

Set Alert for IEG Vu Commodities :: Dairy

Italian food group Granarolo expands in the UK

The cooperative group Granarolo acquired, through its subsidiary Granarolo UK, 100% of Midland Food Group, distributor of fresh and frozen food products in the country.
M&A Italy

More EU SMP sold as tender sale price shrinks further

Europe’s milk powder buyers stepped in to scoop up the largest volume sold so far from the EU intervention stockpiles.

SMP Dairy

Dairy Price Update: Russian butter more expensive than EU average

Prices represented a mixed picture this week, with global price movements impacting on Ukrainian prices, while Russian butter remains high, despite the significant increases in domestic dairy production.

Russian Federation Butter

Double dip for Dutch dairy co-op as write-offs hit profits

FrieslandCampina stumbled in two of its markets this year, did better in a third, and raised revenues thanks to higher sales prices.
Dairy Products Financial Results

Fonterra picks a winner in link-up with innovative a2MC

The company that claims to have solved the dairy intolerance issue now has a partnership with the world’s leading dairy exporter, after only entering the market 18 years ago.

Dairy Products Fonterra

Butter makers fatten up: Meadow takes over ghee specialist

Meadow Foods, the leading UK dairy ingredients supplier, is expanding its range with the takeover of fellow fats maker Roil Foods.

Butter United Kingdom
See All

Dried Fruit & Nuts Explore this Topic

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

Market welcomes new season South African dried vine fruit prices

The past week has seen first new crop offers of both dried vine and tree fruits from South Africa. Prices have increased in line with current market levels but the good news is that the quality is reported to be excellent and, if the harvest continues without significant rainfall, there should be a good tonnage of dried vine fruits.

Dried Vine Fruit Greece

TMO announces sale price on Turkish hazelnuts

The Turkish Grain Board (TMO) has announced the sale price, which it will review on a monthly basis, for its stocks.

Hazelnuts Turkey

Rocketing Vietnamese cashew prices due to Lunar New Year

Average processed cashew prices have climbed by 15% to VND280,000 per kilo (USD12.3/kg) for W240 variety and from 7.7-16% to VND260,000/kg for W320 in the Vietnamese market from January to February 16, due to the increase in its consumption, being a traditional food in the Lunar New Year festival. 

Cashews Vietnam

MPC will enlarge its macadamia processing plant

The Australian Macadamia Processing Company (MPC) has received a AUS5 million (USD3.94 mln) loan from the Australian state of New South Wales (NSW) to construct an additional building to process an additional 450 tonnes of macadamias per year.

Macadamias Australia

Notable increase in US edible and dried nut imports

US edible and dried nut imports increased by 17% in value to USD2.3 billion and declined by 1% in volume to 623.1 mln pounds in 2017, compared with the previous year.

Dried Fruit & Nuts United States

Turkish hazelnut prices surprisingly steady

Hazelnut prices in Turkey remain remarkably stable in Turkish lira terms and only fluctuate in US dollar terms due to variation in the exchange rate between these two currencies, a UK trader noted in a report on Tuesday afternoon.

Hazelnuts Turkey
See All

Fresh Fruit & Veg Explore this Topic

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

German berry area continues to grow

German growers cultivated bush berries (blueberries, raspberries and currants) on 8,900 hectares in 2017, a 5% increase on the previous year.

Fresh Berries Production

Early weather worry does not scare Indian mango industry

The perennial series of conflicting Indian weather reports, and their likely effect on the country’s mango crop, seems to have started early this year.

Fresh Fruit & Vegetables Fresh Tropical Fruit

EU apple market will be reliant on imports this season

Due to smaller apple harvests across the EU last autumn, the bloc will have to rely on imports from the southern hemisphere from as early as March this season.

Fresh Apples Europe

Bonduelle buys Del Monte Canada from Conagra

Bonduelle has signed an agreement with Conagra Brands to acquire its Del Monte processed fruit and vegetable business in Canada for CAD43 million (USD34 mln).

Canned & Tomato Products M&A

Chilean frozen blueberry prices climb up

Larger volumes of raw material earmarked for fresh is fuelling a price increase for the entire sector, including IQF frozen, IEG Vu’s sources reported.
Chile

Rubicon unveils new juice blend at Gulfood

Rubicon, the tropical fruit juice specialist, launched a new watermelon/apple juice blend at Dubai’s Gulfood trade show.

Apple Juice Peach Puree
See All

Frozen Foods Explore this Topic

Set Alert for IEG Vu Commodities :: Frozen Foods

German berry area continues to grow

German growers cultivated bush berries (blueberries, raspberries and currants) on 8,900 hectares in 2017, a 5% increase on the previous year.

Fresh Berries Production

Italian food group Granarolo expands in the UK

The cooperative group Granarolo acquired, through its subsidiary Granarolo UK, 100% of Midland Food Group, distributor of fresh and frozen food products in the country.
M&A Italy

Croatian beverage and frozen food companies banned from trading

The Zagreb Stock Exchange has temporarily suspended eight subsidiaries of Agrokor, one of the country’s largest food processors and retailers, and its largest privately-owned company, from trading.

Fruit Drinks Bottled Water

Dr. Oetker gets go ahead to buy Bake & Co

The European Commission has given Germany’s Dr. Oetker the green light to buy Belgium’s Bake & Co after checking out the proposed deal under the EU’s simplified merger review procedure.
Frozen Foods M&A

Japanese Frozen French fries imports expected to grow

The signing of a series of free trade agreements will result in the elimination of tariff for a wide range of frozen potato products at disadvantage of the US which is today Japan’s largest supplier in particular for frozen French fries.

Frozen Potatoes Tariffs

Bonduelle buys Del Monte Canada from Conagra

Bonduelle has signed an agreement with Conagra Brands to acquire its Del Monte processed fruit and vegetable business in Canada for CAD43 million (USD34 mln).

Canned & Tomato Products M&A
See All

Grains & Feed Explore this Topic

Set Alert for IEG Vu Commodities :: Grains and Feed

US Futures Review: Wheat gains on short covering

March wheat closed higher Thursday, rising 4¢ at USD4.51 1/4.

Wheat Weather

US Futures Review: Soybeans edge back after recent gains

March soybeans ended down 2 1/4¢, settling at USD10.32 per bushel while soymeal settled mixed and soyoil closed slightly lower.

Soymeal Soy Oil

US Futures Review: Corn up marginally on USDA acreage projection

March corn closed up 1¢ Thursday at USD3.66 3/4, but failed to breech the previous day’s low.

Corn Exports

USDA sees wheat area rising in 2018, reversing recent decline

US wheat acreage is forecast by USDA to halt a slide in planted area that has run for several years.

Wheat Planted area

USDA forecasts even corn, soybeans acreage 2018

US corn and soybean acreage in 2018 is seen even while more acres are expected to be planted to wheat and cotton, according to forecasts released by USDA.

Corn Soy

Overnight Futures Review: Volatility rises in corn markets

Corn futures traded slightly lower in the overnight session, with the March contract down just ½¢ to USD3.65¼.

Corn Futures
See All

Meat & Livestock Explore this Topic

Set Alert for IEG Vu Commodities :: Meat and Livestock

Latest From Meat & Livestock

Ukrainian egg giant to enter EU market

The largest producer of shell eggs and dry egg products in Ukraine and Europe, Avangardco, today (Feb 22) announced that its Avis poultry plant has received approval to export Class A eggs to the EU.

Ukraine Poultry

Brexit to hit bottom line for UK egg producers, possible upside for poultry

UK egg producers are likely to see their incomes fall after Brexit but there may be some upside for chicken meat producers, according to a provisional impact assessment presented at this week’s National Farmers’ Union (NFU) conference in Birmingham.

United Kingdom EU

EU prepares to open new quota for Iceland pigmeat

Iceland will have access to a new EU quota for pigmeat from May 1 of this year under conditions laid out in a new proposal from the European Commission.

Iceland EU

Sanderson Farms shareholders reject antibiotic-free chicken policy

Sanderson Farms shareholders voted against changing the chicken producer’s policy of using medically important antibiotics for disease prevention during a recent shareholders meeting.

United States Poultry

Ruskom to build EUR100 mln poultry plant in Siberia

The West Siberian agroholding Ruskom announced plans to build a full-cycle poultrymeat complex in Tyumen region, Siberia.

Russian Federation Poultry

Brazil to secure FMD-free status in May

Brazil is on the verge of being recognized as free of foot and mouth disease (FMD) – a virus which was once endemic in the country.

Brazil Cattle & Beef
See All

Oils & Oilseeds Explore this Topic

Set Alert for IEG Vu Commodities :: Oils and Oilseeds

US Futures Review: Soybeans edge back after recent gains

March soybeans ended down 2 1/4¢, settling at USD10.32 per bushel while soymeal settled mixed and soyoil closed slightly lower.

Soymeal Soy Oil

USDA forecasts even corn, soybeans acreage 2018

US corn and soybean acreage in 2018 is seen even while more acres are expected to be planted to wheat and cotton, according to forecasts released by USDA.

Corn Soy

Overnight Futures Review: Soy eases despite poor Argentine prospects

Soybean futures traded a 2½¢ lower for the March contract to USD10.32 per bushel in the overnight session.

Soy Futures

What traders are talking about: USDA in focus

USDA's Outlook Forum near Washington, DC, is the attention point for US agricultural markets with initial figures on 2018 acreage prospects the key data to be released today.

Corn Wheat

Argentine crop estimates plummet in ‘worst conditions in ten years’

Continuing drought has cut 5.5 million tonnes from Argentina’s soybean crop and 4.9 mln tonnes from its corn crop, according to the Rosario Exchange’s latest estimates.

Soy Corn

US Futures Review: Soybeans extend gains on weather

Soybean futures settled higher again Wednesday with the March contract gaining 7 3/4¢ to close at USD10.34 1/4.
Soy Soymeal
See All

Spices & Exotics Explore this Topic

Set Alert for IEG Vu Commodities :: Spices and Exotics

Indian guar gum market poised for further price increases

Supply concerns, increasing demand, and guar being tested as an alternative to other hydrocolloids is shaping the market for guar seeds and gum and possibly heralds price increases, UK trader Mayfair Commodities observed in a report today. 

Waxes & Gums India

Argentine honey exporters try to tempt buyers back

Argentine honey exporters have discounted prices this week in an attempt to stimulate demand.

Honey Argentina

Indian business park to specialise in spices

The Indian Kerala Industrial Infrastructure Development Corporation (Kinfra) is to develop a spice processing complex, after having obtained the initial approval of the Indian government.

Spices & Exotics India

Spanish paprika prices show declines

Spanish paprika prices have decreased by 5% for middle quality product of 2017/18 crop compared with the previous season, after Chinese growers completed a delayed harvest due to labour shortage, the international sales manager of Sabater Spices, Jose Sabater, told IEG Vu.

Paprika Spain

FDA updates spice risk profile to reflect new data on salmonella

The US Food and Drug Administration (FDA) has updated its 2013 risk profile on pathogens and filth in spices to reflect new data indicating that prevalence of Salmonella in most types of retail spices in the US tends to be significantly lower than that found in imported spice shipments.  

Basil Garlic

Dropping pepper imports in Japan

Japan’s imports of pepper dropped by 30.8% in value to USD73.6 million and declined by 6.27% in volume to 8,194 tonnes in 2017 compared with the previous year, due to the general price decline.

Pepper India
See All

Sugar Explore this Topic

Set Alert for IEG Vu Commodities :: Sugar

Mexican sugar output falters from year-ago volumes

Week-on-week Mexican sugar production levels were almost unmoved, while year-on-year stats showed notable differences, according to industry data.

Mexico Sugar

Futures Review: Sugar closed narrowly mixed in low volume

Raw sugar futures in New York ended narrowly mixed in the two most-actively traded months as the market was in consolidation mode after recent losses.

Sugar Cane Sugar

Glencore Agri sees profits fall by a quarter in 2017

The agriculture business of global commodities giant Glencore reported a 26% drop in adjusted net earnings for 2017, despite a “resilient performance when compared to many peers”.

Glencore Financial Results

Ukraine sugar beet output at 5-year high

Ukraine completed the 2017/18 beet campaign after producing 2.14 million tonnes of white sugar, the National Association of Sugar Producers (Ukrtsukor) said.

Ukraine Sugar

Futures Review: White sugar falls amid bearish fundamentals

White sugar futures in London suffered sizeable losses amid ongoing weak sentiment and a stronger US dollar.

Sugar Cane Sugar

EU approves sugar producer refund

Member states have formally adopted a Council Regulation to repay EU sugar companies a total amount of EUR195.3 as a compensation for excessive levies paid almost 20 years ago.

EU Sugar
See All
UsernamePublicRestriction

Register