The first press review for raw materials in agri food industry
According to figures from the Almond Board of California, almond sales through June were up an average of 19 percent over 2008, with a total of 664 million pounds shipped. That’s a reversal from the fall, when several months of weak sales drove…
Peanut prices received by farmers for all farmer stock peanuts averaged 24.6 cents per pound for the week ending July 18. The price per pound decreased 0.7 cent from the previous week. Marketings of all farmer stock peanuts for the week …
Last year, the best dried apricot meat was sold between 35 yuan (5.1 U.S. dollars) and 40 yuan (5.8 U.S. dollars) per kg, but this year the product drew few buyers even at a price of 25 yuan to 30 yuan per kg, said Iganberdi.
The Peruvian Exporters’ Association (ADEX) has urged government to invest in research and development for the artichoke industry in order to expand production with varieties adapted to the country’s various microclimates in the wake of growing…
Mars Inc, a privately held U.S. chocolate maker, said Tuesday it signed a contract this week to buy its first certified beans from a harvest later this year, a move toward its longer-term goal to use sustainably grown cocoa for all of its chocolate by 2020.
Kigali projects to earn $47-$48 million from tea exports this year from a previous estimate of $54 million due to bad weather and a shortage of pluckers. Leaves are one of the largest forex earners after tourism, remittances and coffee.
The Reuters/Jefferies CRB Index of 19 raw materials climbed above its 50-day moving average today, a “bullish” signal for prices, said William O’Neill, a Logic Advisors partner in Upper Saddle River, New Jersey.
ICE futures U.S. arabica coffee settled higher Thursday as the commodity regained its composure following losses during the previous session. Strong U.S. macroeconomic data and better than expected second quarter earnings by companies boosted buying…
Brazil will buy as much as 3 million 60-kg bags of export-grade coffee from its farmers this season at rates well-above current market prices in an effort to force private buyers to pay more to compete for supplies.
Frozen concentrated orange juice futures fell Thursday on continued speculative profit-taking, pressing the contract to a 1 1/2-week low before triggering buying support and possible short covering tolimit the losses.
Prices on peanuts have remained relatively stable over the last 2 months, but the undertone is firming strongly. Spot market in Europe is almost empty, and not all types and counts are available. Prices from origin gradually increased from 950$ close to 1.000$…
In wielkopolskie province the price in processing plants is from 0.80 (0.19 euro) to 1.00 PLN (0.23 euro)/kg. In the lódzkie province the price is also 1 PLN (0.23 euro)/kg. Last year the average price of sour cherries in purchasing centers was 0.90 PLN (0.21 euro)/kg,…
While the industry works for more purchases of value-added fresh produce for school programs, the U.S.D.A. is adding to its already hefty total of processed blueberry products. The department intends to purchase up to $14.7 million of cultivated blueberry products.
ICE futures U.S. arabica coffee settled higher Tuesday, but off of an earlier fresh monthly high, on speculative buying as coffee eyed the dollar’s moves. Most-active September coffee settled up 20 points at $1.2250 a pound.
Frozen concentrated orange juice futures fell Tuesday on profit-taking in a technically overbought market, along with a forecast calling for slightly reduced expectations for the Atlantic tropical storm and hurricane season, brokers and analysts said.
The Ministry of Agriculture and Rural Development has paid off the loans taken out by six banned coffee exporters. The re-payment of loans comes after the ministry exported beans seized off the major exporters, who were alleged to have been hoarding the commodity,…