Europe’s Big Comeback Will Shake up Sugar
Analysts are predicting worldwide shifts in sugar trade flows when the EU – the world’s third largest sugar producer and second largest sugar consumer re-enters the global sugar market. The EU sugar industry is expected to become a major player in 2017 after Brussels abolishes sugar production quotas, minimum guaranteed prices for sugar be
Read moreUncertain Future for Brazilian Cocoa Production
Last year Brazil’s Ministry of Agriculture, Livestock Production and Supplies in Brasilia forecast that Brazil’s cocoa production would be 243,000 tons in 2022/23. This forecast has now been lowered by 27,000 tons or 15.7% to just 216,000 tons. Last year authorities believed that cocoa acreage would expand by 8.9% to 742,000 hectares f
Read moreWar and Weather to Cut Ukraine Maize Harvest, Exports – Analyst
Unusually hot weather and a loss of acreage due to fighting in Donetsk and Luhansk in the east of the country will cause a 7% year on year decline in maize exports from Ukraine for the 2014/15 season according to UrkAgroConsult. Ukraine is forecast to harvest 25.9 million tons of corn this year compared with a record harvest of 27 million tons
Read moreChina’s Hunger for Soy Could Drain World Supply
Based on rising population rates and increased wealth, at its current rate of production China’s meat production industry will need more soybeans than are produced in the world’s top exporting countries according to LMC International. Investors may be able to take a bullish stand on soymeal in the long term as oilseed meals begin to driv
Read moreArgentine Government Says Will Make Soy Producers Sell More
Argentine farmers and exporters have been hoarding approximately 25 million tons of harvested soybeans until low global prices recover and as a hedge against the country’s plunging currency amid soaring inflation and economic difficulties. However, the country’s Cabinet chief has stated that the government will take all measures necessar
Read moreRecord EU Wheat Crop of 152.9 Million Tons Forecast
The European Commission has forecast that EU wheat production will outpace last year’s production by 7% and surpass the Commission’s August forecast by 6.1 million tons to reach an output of 152.9 million tons. The UK is forecast to see the strongest increase in production, seeing an increase of 40% year over year to 16.6 million tons ac
Read moreCanada: After Record 2013 Output, Steep Declines in Field Crops Expected
After record-breaking output last year, Canada is forecast to see significant drops in production across most field crops according to Statistics Canada. Canola output is forecast to drop 22% to 14.1 million tons from a record crop of 18 million tons last year because of a 20% drop in estimated national yields to 32.1 bushels per acre. Sas
Read moreRabobank Report Gives Positive News for Global Beef Industry
Strong demand and tightening beef supplies will continue into 2015 according to Rabobank’s third quarter 2014 beef report. The report states that the outlook for the global beef industry is largely a positive one with producers in the U.S, Brazil, and New Zealand realizing record prices, and the negative effects of Russia’s import ban ex
Read moreEU Chicken Output to Expand Despite French Woes
Chicken meat production in the EU will increase during the remainder of 2014 and in 2015 despite two major French producers declaring bankruptcy. Combined EU chicken meat production will reach 10.07 million tons this year – a jump of 1.7% over 2013 production according to U.S. Department of Agriculture (USDA) officials. This increase is
Read moreDairy Demand ‘Will Outstrip Supply by 2018’
Global demand for dairy products will outpace global supply from 2018 onward according to “A Global Balancing Act: Dairy Supply and Demand”, the seventh dairy index report issued by Tetrapak. Demand is expected to jump by 36% over the next ten years to 710 million tons of milk per year by 2024 driven by population and prosperity growth
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