Rising egg consumption in Sri Lanka is enjoying price amelioration after the country moved from net importer status to sufficient producer. The Sri Lanka Producers’ Association announced on February 2, 2025 that the country has attained self-sufficiency. January Price Spike Dampens Consumption Ironically, the news came at a time when customers were switching to other protein...
Cacao beans and their derivatives won’t spare candy lovers this love weekend. Analysts predict even higher prices to come than current, a bad timing for Valentine’s Day gifts. From just $2,000 a tonne in 2022 to over $10,000 in February 2025, raw cocoa is increasingly making love giveaways expensive. According to AP, in Belgium where notable candy...
A voluntary FDA recall of 60 baked goods in the U.S. has brought listeria contamination into focus. The Food and Drug Administration (FDA) first listed the over 2 million product units on its recall page on January 7, 2025. This followed a voluntary withdrawal alert by manufacturer and wholesaler FGF LLC, based in Brownsburg, Illinois. By February...
Early mill closing, ethanol production and export window have lately helped lift the price of sugar in India. According to the Economic Times, the January 2025 price hit 39,500 rupees ($455.04) a tonne, effectively overturning December 2024’s 38,000 rupees ($437.76). In late 2024, the wholesale price of sugar in India had fallen by 3% year-on-year (y-o-y) as cane...
Gulf of Maine lobster fishermen will not throw back market-ready lobster into the ocean after a February 4, 2025 size rule repeal. An association serving 11 states on the East Coast of the United States finally begrudgingly decided to favor worried fishermen. The decision by the American Lobster Board of the Atlantic States Marine Fisheries Commission...
Agro-exports from Peru notched 21.92% year-on-year (y-o-y) in 2024 thanks to price, volume and sector performance, echoing a stable 2023 run. According to Agraria Peru on February 7, 2025, direct agro dispatches grew by 26.8% y-o-y while agro-food shipments soared 21.3%. In dollar value terms, direct agricultural exports generated US$1.227 billion whereas agro-food dispatches brought US$11.198 billion. All...
Fans of Super Bowl guacamole during the LIX edition on February 9, 2025 spent extra dimes after Mexico’s supplies fell 20%. Sports lovers and foodies were attending the National Football League (NFL) finals between the Philadelphia Eagles and Kansas City Chiefs, in New Orleans. For the finals, Mexico shipped 110,000 tons of avocados, significantly less than the...
Arabica coffee futures in New York touched a historic $4 per pound on February 5, 2025, amid predictions of oncoming price relief. This highest price ever beat the November 2024 record of $3.3545 a pound, which in turn had eclipsed a 1977 record. The commodity’s prices rose and fell twice on the 5th after they’d first edged...
The U.S. Department of Agriculture (USDA) continues to remove landing page climate information, a task that began January 31, 2025. According to an ABC report, internal emails by the agency instructed the removal of ‘climate change’ phrases from landing web pages. Later, Fox News detailed how the Environmental Protection Agency (EPA) also scrubbed its drop...
A tariff war is back after the United States slapped Mexico, Canada and China with import tariffs. President Trump called China’s bluff by imposing an immediate 10% tariff on all imports, starting February 4, 2025. This is short of the aggressive duty of 60% he had promised during the 2024 election campaign. China, which could retaliate, currently exports $355.3 billion more...