Canned and juiced pineapple products in the United States face an imminent price hike by a leading processor due to supply issues. According to Bloomberg on May 18, 2025, the multinational Dole PLC will mark up some of its canned and juice range, starting June 9. The dossier that reveals this looming hike has not clarified by how much the increase...
American wholesale egg prices ease amid demand lull
Wholesale egg prices in American cities were down to $4.15 a dozen from March 14, 2025 onward as demand weakened and supply rallied. According to the U.S. Department of Agriculture (USDA), these changes haven’t registered fully on retail due to consumer resistance to carryover prices. With avian flu cases ebbing in March, it will however be only a while before grocers catch up with...
Atlantic Canada seeks lobster answers in Boston
Lobster-rich Atlantic Canada is attending the Boston Sea Expo North America in Boston to find market alternatives amid bothersome tariffs. The event has drawn fishermen and lobster industry representatives from New Brunswick (NB) and other Atlantic provinces/territories. Each is in one way or another seeking alternative customers at the international event. This follows the latest blow on the crustacean sector...
Export bananas from Latin America encounter low retail prices in Europe despite certification
The reigning meager retail pricing in Europe of export bananas from Latin America is opening a pandora’s box. This is after six countries from the region decried the price against costly export certifications. The Banana Cluster of Ecuador on March 17, 2025 specifically reprimanded the Kaufland chain for retailing imports in Germany at 0.88 euro ($0.96) a kg. Producers further demanded fair prices that honor production...
Sugar stock decline pushes the international price bar
Depreciating sugar stock in Brazil and India has added an icing on hitherto low global prices. Early on March 18, 2025, the top contract for raw sugar in New York rose 3.7% day-on-day to a three-week high. At $0.20 a pound, the sweetener has finally redeemed itself from lengthy underperformance below $0.18. Shortage in India Factors contributing to the strengthening price is...
Dairy in New York enjoying stable prices during National Agriculture Week
New York is observing the National Agriculture Week, March 17 to 21. For the Empire State, it is all about dairy, whose prices currently show stability. State-level milk prices gained $3 per hundredweight [CWT] year-on-year early 2025 amid rising consumption. According to the U.S. Department of Agriculture [USDA], New York was selling milk at $25 per hundredweight, 14% above January 2024’s. The state’s...
Kingfish aquaculture in New Zealand aggressively beckoning NZ$3 billion
Ruakākā in northern New Zealand is honing a multi-billion-NZ-dollar industry via its commercially promising youthful kingfish aquaculture. The Haku Farm project by the National Institute of Water and Atmospheric Research (NIWA) is readying to overtake farmed salmon revenue with that from cultured kingfish. Haku, whose name in the Maori means kingfish, anticipates to make the kingfish industry worth NZ$3 billion ($1.73 billion) by 2035. When...
Cassava farming in Nigeria finally paying off via bioethanol
Nigeria’s cassava sector is slowly but surely turning lucrative through huge bioethanol projects, finally redeeming massive hidden potential. One of these is the Cassava Bioethanol Initiative championed by Abubakar Bagudu, the Minister of Budget and Economic Planning. The other is the strategic backing by the Minister of Agriculture for a leading farming project known as Agbeyewa Farms. Doubling Cassava Production for Bioethanol...
Ethiopia almost doubles milk production in 36 months
A crossbreeding initiative, feed improvements and infrastructural upgrades have gifted Ethiopia with 12 billion liters of milk, almost double 2022’s production. Under the Yeremat Tirufat or “Bounty of the Basket” initiative, crossbreeding has grown eightfold in three years and increased milk volumes. Hence the project could help reduce annual imports of dairy products and alleviate above-average prices. According to the Ethiopia New Agency,...
Brazil ups 2024-25 corn production estimate by 8% y-o-y
The 2024-25 corn output in Brazil could increase by 8.8% year-on-year (y-o-y) in tandem with impressive grain production. According to a March 13, 2025 report by the Systematic Survey of Agricultural Production (LSPA), uptick yields will support this increase. In a promising market year for local cereals and oilseeds, LSPA pegs corn production at 124.8 million tonnes. Three Different Positive Estimates LSPA’s latest...