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Commodities

Beverages Explore this Topic

Set Alert for IEG Vu Commodities :: Beverages

Polish fruit juice association horrified at proposed VAT increase

The proposed increase would apple to nectars and fruit or vegetable drinks with a minimum juice content of 20%. In Poland, juices, nectars and fruit and vegetable drinks with a minimum 20% juice content is the most popular category (except for waters).

Europe Poland

Significant increase in Chilean grape juice exports

Last year’s January-October grape juice exports were 15,920 tonnes. In fact, Chile’s tally so far this year is only about 900 tonnes less than the total exported in full-year 2017.

Chile Grape Juice

Small Brazilian orange harvest will severely constrain FCOJ inventory

The production decrease in Brazil’s citrus belt of São Paulo and Triângulo Mineiro in 2018/19 was confirmed by Fundecitrus (Citrus Defence Fund) in a report released on December 10. Despite the increase compared to that estimated in September, data indicate that the current orange crop should be 30.8% smaller than the previous season’s at 275.7 million boxes.

Fresh Fruit & Vegetables Fresh Oranges

Juice powder brand withdrawn from North African market

Algeria’s Ministry of Commerce has ordered the withdrawal of the Amila brand of instant juice powder and frozen the activities of the company Sarl Promasidor while it investigates the affair.

Middle East and Africa Algeria

Spanish lemon juice exports running well below last year’s level

Spain has exported 10,340 tonnes of lemon juice concentrate and 10,576 tonnes of single strength juice in the first three quarters of this year, compared with and 14,350 tonnes and 13,230 tonnes, respectively, in January-September last year.

Beverages Europe

Polish apple inventories now at historic high

The bumper Polish apple harvest means that the country’s coldstores are filled to bursting. At no time on record has Poland had such a volume of fruit in store. Indeed, the actual figure now may be even higher, given that the date of the inventory check was November 1.

Europe Belgium
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Canned & Tomato Products Explore this Topic

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

Global tomato ketchup exports shrink

According to the latest trade data, tomato ketchup exports declined in the first nine months of 2018, led by falling export volumes from the main exporting market, US.

Tomato Ketchup Exports

Canned albacore tuna prices supported by US demand

Canned albacore imports to the US between January and October this year increased 11.6% in volume and 25.3% in value compared with previous year, with final product rates impacted by global raw material price increases.

US States Asia Pacific

IEG Vu Prices Briefing: EU chicken prices slump while SMP prices rise

EU broiler prices fell to 11-month lows while egg and SMP prices in the bloc increased. International nutmeg prices are also expected to firm.

Meat & Livestock Dairy

Bankrupt Argentinean peach canner Alco on the block

The Argentinean peach cannery Alco-Canale, in bankruptcy since October 2017 after going through financial difficulties for years, is now for sale.

Argentina Legal

Del Monte Foods recalls canned corn due to under-processing

More than 64,000 cases of Del Monte’s Fiesta Corn are currently being recalled due to deviations in the sterilisation process that could result in contamination by spoilage organisms or pathogens, the FDA announced this week.

US States International

Private label defeats US key brands for canned soup sales

The average retail price of canned soups in November decreased 0.1% but sales increased 2.7% in value and 2.8% in volume from last year, according to monthly data from Morgan Stanley echoed by the Food Institute Report.

US States Canned & Tomato Products
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Cocoa Explore this Topic

Set Alert for IEG Vu Commodities :: Cocoa

Cargill sets out plan to fight deforestation in cocoa supply chain

US commodities giant Cargill has set out a plan to eliminate deforestation in its cocoa supply chain by 2030.

Cocoa Cargill

Arla Foods to acquire Middle East & Africa cheese business from Mondelez

Danish dairy firm Arla Foods is acquiring the Kraft cheese brands in the Middle East & Africa from Mondelez International for an undisclosed sum.

Dairy Cheese

Futures Review: Cocoa futures settle with slight losses

March New York cocoa futures declined USD7 to USD2,230 per tonne, while London futures settled down GBP8, at GBP1,657 per tonne.

Futures Cocoa

Futures Review: Cocoa values see weekly climb

Futures closed higher for the week in both New York and in London, as the new main crop harvest comes to market into West Africa.

Cocoa Futures

Louis Dreyfus appoints head of food innovation

Commodities giant Louis Dreyfus Company (LDC) had announced the appointment of Kristen Eshak Weldon to the newly created role of head of food innovation and downstream strategy, effective January 1, 2019.

Louis Dreyfus Grains & Feed

IEG Vu Prices Briefing: EU chicken prices slump while SMP prices rise

EU broiler prices fell to 11-month lows while egg and SMP prices in the bloc increased. International nutmeg prices are also expected to firm.

Meat & Livestock Dairy
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Coffee Explore this Topic

Set Alert for IEG Vu Commodities :: Coffee

United States' green coffee stocks fall to lowest level since April 2016

US green coffee stocks fell in November 2018 for the sixth straight month to 6.082 mln 60-kg bags, their lowest level since April 2016, Green Coffee Association (GCA) data show.

Coffee Arabica

Futures Review: Arabica futures fall below USD1/lb

Arabica futures in New York fell below the psychological USD1/lb threshold for the first time in nearly three months, pressured by ample global supplies and technical weakness.

Futures Coffee

USDA projects global coffee surplus of 7.1 million bags

The world coffee surplus is pegged at 7.1 million 60-kilo bags for the 2018/19 season, the USDA said in its biennial Coffee World Markets and Trade report.

Coffee Robusta

Louis Dreyfus appoints head of food innovation

Commodities giant Louis Dreyfus Company (LDC) had announced the appointment of Kristen Eshak Weldon to the newly created role of head of food innovation and downstream strategy, effective January 1, 2019.

Louis Dreyfus Grains & Feed

Futures Review: Robusta coffee falls to 3½-month low

Robusta coffee futures in London continued to experience weakness on Friday’s (December 14) close.

Coffee Arabica

IEG Vu Prices Briefing: EU chicken prices slump while SMP prices rise

EU broiler prices fell to 11-month lows while egg and SMP prices in the bloc increased. International nutmeg prices are also expected to firm.

Meat & Livestock Dairy
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Dairy Explore this Topic

Set Alert for IEG Vu Commodities :: Dairy

Second ‘and final’ round of payments to tariff-hit US farmers

The USDA launched the second round of trade mitigation payments on December 17 to farmers hit by the US-China trade war.

China United States

Arla Foods to acquire Middle East & Africa cheese business from Mondelez

Danish dairy firm Arla Foods is acquiring the Kraft cheese brands in the Middle East & Africa from Mondelez International for an undisclosed sum.

Dairy Cheese

Dairy Price Update: US dairy prices sluggish on low holiday demand

US dairy prices remained resilient to global market changes, as the year is drawing to the finish line.

United States Cheese

Chinese organic milk consumption tipped to grow

Increasing demand for premium products in China sets out a bright future for consumption of organic milk, yogurt and cheese, according to a report.

Milk Cheese

IEG Vu Prices Briefing: EU chicken prices slump while SMP prices rise

EU broiler prices fell to 11-month lows while egg and SMP prices in the bloc increased. International nutmeg prices are also expected to firm.

Meat & Livestock Dairy

Dairy Price Update: NZX dairy futures up; EU sells record SMP volume from intervention

Looks like GDTэs price upturn together with EU SMP tenders have finally crept up on global markets, with futures, ahead of the last global dairy auction of the year, signalling of further rises.

Butter SMP
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Dried Fruit & Nuts Explore this Topic

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

Rain to delay Mexican pecan harvest

Growers have collected 95% of the Criolla walnut production and 65% of the Fina, totalling 80% of the total production, despite the delay to the pecan harvest in the Mexican state of Chihuahua from December 8-9.

Pecans Mexico

Swiss company to sell Colombian dried fruit

The Swiss company Fruit Group AG is selling Purafruta, dried fruit bars, in Europe. Apparently, a simple idea. However, it is a food concept which combines social responsibility, healthy grocery and a delicious and natural flavour, having received several awards. The sales manager of Hiba, Ulrike Köpf, talked to IEG Vu about the project
Dried Fruit & Nuts Switzerland

Second ‘and final’ round of payments to tariff-hit US farmers

The USDA launched the second round of trade mitigation payments on December 17 to farmers hit by the US-China trade war.

China United States

Good raisin crops in South Africa and Chile

The 2019 South African raisin crop is expected to slightly exceed the 2018 production of around 71,000 tonnes, due to favourable weather, fulfilling the previous estimate.

Dried Vine Fruit South Africa

Ben & Jerry's launches coconut milk ice cream in UK

Unilever-owned Ben & Jerry's, in response to growing demand for innovative vegan ice cream, has released its first coconut milk-based dessert.

United Kingdom Ice Cream

IEG Vu Prices Briefing: EU chicken prices slump while SMP prices rise

EU broiler prices fell to 11-month lows while egg and SMP prices in the bloc increased. International nutmeg prices are also expected to firm.

Meat & Livestock Dairy
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Fresh Fruit & Veg Explore this Topic

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

Andalusian berry export value on the rise

Andalusian exports of blueberries and raspberries have risen this year by 10.3% and 7.6%, respectively, in value terms, compared with 2017, said authorities in the autonomous region of Spain.

Fresh Berries Frozen Blueberries

Small Brazilian orange harvest will severely constrain FCOJ inventory

The production decrease in Brazil’s citrus belt of São Paulo and Triângulo Mineiro in 2018/19 was confirmed by Fundecitrus (Citrus Defence Fund) in a report released on December 10. Despite the increase compared to that estimated in September, data indicate that the current orange crop should be 30.8% smaller than the previous season’s at 275.7 million boxes.

Fresh Fruit & Vegetables Fresh Oranges

Second ‘and final’ round of payments to tariff-hit US farmers

The USDA launched the second round of trade mitigation payments on December 17 to farmers hit by the US-China trade war.

China United States

Dole disposes of Saba Fresh Cuts business to ease merger

Fresh fruit and vegetable processor Dole Food Company has sold its ready-to-eat salad business, Saba Fresh Cuts AB and OY, operating in Sweden and Finland, to BAMA International, it was announced recently.

US States Europe

Polish apple inventories now at historic high

The bumper Polish apple harvest means that the country’s coldstores are filled to bursting. At no time on record has Poland had such a volume of fruit in store. Indeed, the actual figure now may be even higher, given that the date of the inventory check was November 1.

Europe Belgium

IEG Vu Prices Briefing: EU chicken prices slump while SMP prices rise

EU broiler prices fell to 11-month lows while egg and SMP prices in the bloc increased. International nutmeg prices are also expected to firm.

Meat & Livestock Dairy
See All

Frozen Foods Explore this Topic

Set Alert for IEG Vu Commodities :: Frozen Foods

Andalusian berry export value on the rise

Andalusian exports of blueberries and raspberries have risen this year by 10.3% and 7.6%, respectively, in value terms, compared with 2017, said authorities in the autonomous region of Spain.

Fresh Berries Frozen Blueberries

Ben & Jerry's launches coconut milk ice cream in UK

Unilever-owned Ben & Jerry's, in response to growing demand for innovative vegan ice cream, has released its first coconut milk-based dessert.

United Kingdom Ice Cream

US frozen strawberry imports plunge

Despite an overall positive frozen fruit import market, the strawberry trade suffered a significant slowdown in October.

United States Frozen Strawberries

IEG Vu Prices Briefing: EU chicken prices slump while SMP prices rise

EU broiler prices fell to 11-month lows while egg and SMP prices in the bloc increased. International nutmeg prices are also expected to firm.

Meat & Livestock Dairy

UK potato production lowest since 2012

A reduction in planted area in addition to lower yields on dry summer conditions resulted in the UK's potato harvest dropping 13% on the five-year average, according to the Agricultural and Horticultural Development Board (AHDB).

United Kingdom Fresh Root Vegetables

Chilean raspberry season ready to commence

According to well-trusted Chilean raspberry industry sources, the country's season is about to start with normal conditions.

Chile Frozen Raspberries
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Grains & Feed Explore this Topic

Set Alert for IEG Vu Commodities :: Grains and Feed

Second ‘and final’ round of payments to tariff-hit US farmers

The USDA launched the second round of trade mitigation payments on December 17 to farmers hit by the US-China trade war.

China United States

Arla Foods to acquire Middle East & Africa cheese business from Mondelez

Danish dairy firm Arla Foods is acquiring the Kraft cheese brands in the Middle East & Africa from Mondelez International for an undisclosed sum.

Dairy Cheese

US Futures Review: Soybeans higher with record November crush

Soybean futures found light support Monday from record US soybean crush usage in November by major processors. Soymeal contracts saw similar gains, while soyoil contracts ended lower. January soybeans gained 4 1/4¢ at USD9.04 3/4.

Soy Demand

US Futures Review: Corn slightly lower despite stronger export volume

Corn futures closed lower to start the week, with March corn down 3/4¢ at USD3.84.

Corn Ethanol

US Futures Review: Wheat higher on strong inspections, rise in global prices

Wheat futures closed higher in all three markets, with Chicago March wheat opening the week gaining 5 1/4¢ to close at USD5.35 1/4.

Wheat Demand

Russian wheat prices hit season high

Export prices for wheat in Russia have hit a record for this season, according to local analyst SovEcon.

EU United States
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Meat & Livestock Explore this Topic

Set Alert for IEG Vu Commodities :: Meat and Livestock

Latest From Meat & Livestock

Second ‘and final’ round of payments to tariff-hit US farmers

The USDA launched the second round of trade mitigation payments on December 17 to farmers hit by the US-China trade war.

China United States

Meat traders back lactic and acetic acid rinses for pig carcasses

The European Livestock and Meat Trades Union, known by its French acronym, UECBV, has backed the request by the US National Pork Producers Council to allow lactic and acetic acid rinses to be used to decontaminate pig cuts and carcasses in slaughterhouses.

EU Europe

IEG Vu Prices Briefing: EU chicken prices slump while SMP prices rise

EU broiler prices fell to 11-month lows while egg and SMP prices in the bloc increased. International nutmeg prices are also expected to firm.

Meat & Livestock Dairy

Brazil blames EU for stalling Mercosur trade talks

A top Brazilian official has declared that the South American bloc Mercosur is ready to close the trade agreement with the EU, but the talks have broken down again due to the unwillingness of the European Commission.

EU Mercosur

Poultry prices plunge in Poland, dragging down EU average

EU egg and chicken meat prices were pulled in different directions last week, with egg prices edging higher but broiler prices dipping to their lowest levels since February.

Poland EU

Chinese researchers develop transgenic pigs to resist CSF

Researchers in China claim to have developed genetically modified pigs that are protected from classical swine fever (CSF).

China Hogs & Pork
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Oils & Oilseeds Explore this Topic

Set Alert for IEG Vu Commodities :: Oils and Oilseeds

Supermarket Lidl UK commits to sourcing sustainable soybeans

Discount supermarket chain Lidl UK has made a commitment to only source soybeans from sustainable, deforestation-free sources in its supply chain.

Oils & Oilseeds Soy

Second ‘and final’ round of payments to tariff-hit US farmers

The USDA launched the second round of trade mitigation payments on December 17 to farmers hit by the US-China trade war.

China United States

Arla Foods to acquire Middle East & Africa cheese business from Mondelez

Danish dairy firm Arla Foods is acquiring the Kraft cheese brands in the Middle East & Africa from Mondelez International for an undisclosed sum.

Dairy Cheese

US Futures Review: Soybeans higher with record November crush

Soybean futures found light support Monday from record US soybean crush usage in November by major processors. Soymeal contracts saw similar gains, while soyoil contracts ended lower. January soybeans gained 4 1/4¢ at USD9.04 3/4.

Soy Demand

Louis Dreyfus appoints head of food innovation

Commodities giant Louis Dreyfus Company (LDC) had announced the appointment of Kristen Eshak Weldon to the newly created role of head of food innovation and downstream strategy, effective January 1, 2019.

Louis Dreyfus Grains & Feed

Indian palm oil imports drop in anticipation of lower duties

Indian vegetable oil imports in November 2018 were down by 10% from the previous month and 9% lower year-on-year as palm oil buying slowed.

Oils & Oilseeds Palm Oil
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Spices & Exotics Explore this Topic

Set Alert for IEG Vu Commodities :: Spices and Exotics

Indian coriander prices to firm

The Indian coriander futures prices showed a gradual rise in the first half of December on crop scarcity after summer floods and a high 2019 export estimate, due to damaged production in the European origins.

Coriander Seed India

Bhutan’s government to buy back cardamom stocks

Bhutan’s ministry of agriculture announced that it may buy the remaining 2018 domestic cardamom stock due to current issues with exports to India, its main importer.

Cardamom Bhutan

IEG Vu Prices Briefing: EU chicken prices slump while SMP prices rise

EU broiler prices fell to 11-month lows while egg and SMP prices in the bloc increased. International nutmeg prices are also expected to firm.

Meat & Livestock Dairy

Flavours giant to acquire French essential oil manufacturer

Givaudan, a Swiss company specialist in flavours and fragrances, is negotiating the acquisition of Albert Vieille, a French specialist in essential oils and aromatic herbs.

Essential Oils Switzerland

Domestic demand will firm Indian turmeric prices

The short-term demand in the November-December Indian festivals has slightly strengthened turmeric prices.

Turmeric India

Nutmeg and mace prices to firm due to Chinese and Indian demand

The Indian nutmeg harvest has already finished, while the Indonesian has just started and strong Chinese and Indian demand is pushing up prices in the mid-term.

Nutmeg Indonesia
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Sugar Explore this Topic

Set Alert for IEG Vu Commodities :: Sugar

Arla Foods to acquire Middle East & Africa cheese business from Mondelez

Danish dairy firm Arla Foods is acquiring the Kraft cheese brands in the Middle East & Africa from Mondelez International for an undisclosed sum.

Dairy Cheese

Australian cane crush wraps up in early December

Sugar mills crushed only 132,000 tonnes of cane in the week to December 9 as the crop has practically ended.
Sugar Cane Sugar

Guatemalan sugar campaign report: December 9, 2018

Guatemala produced 143,022 tonnes of sugar, tel quel, in the week to December 9, up from 118,749 tonnes in the previous week and compared with 99,026 tonnes in the same period a year ago, industry data showed.

Guatemala Cane Sugar

Futures Review: Sugar futures post small losses

Raw sugar futures in New York ended with slight losses as lower crude oil prices as well as a weakening Brazilian currency pressured prices.

Sugar Cane Sugar

Thai sugar output crosses 1 mln-tonne mark

Thailand’s sugar production from the 2018/19 crush crossed the 1 million tonnes threshold by mid-December, official data showed.

Thailand Production

IEG Vu Prices Briefing: EU chicken prices slump while SMP prices rise

EU broiler prices fell to 11-month lows while egg and SMP prices in the bloc increased. International nutmeg prices are also expected to firm.

Meat & Livestock Dairy
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