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Sugar prices in New York retreat upon July 2025 contract deadline
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Sugar prices in New York retreat upon July 2025 contract deadline

New York sugar futures on July 1, 2025 recorded declines in prices on the final delivery date of July’25 contracts from oversupply fears. Sugar #11 or bulk raw cane sugar in New York lost by -2.09% daily, early on the July 1 deadline.  The same fate overshadowed the much-traded sugar #5 or bulk raw white sugar in...

China-Indonesia durian protocol awakens dormant direct trade 
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China-Indonesia durian protocol awakens dormant direct trade 

A May 2025 China-Indonesia frozen durian (Durio zibethinus) direct export protocol is unfreezing hitherto unimpressive trade, a month on. This at a time when transit durian exports from Indonesia to China barely reached 27 tonnes in 2024, reports the IDX Channel. Hence, direct long haul exports of the frozen fruit could find a perpetual market for Indonesia’s...

Food groceries
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Fourth of July specialties whet U.S.’ grocery sales

Sales’ adverts of grocery specialties in the United States have risen in the June 21-July 3, 2025 timeline, before the Fourth of July. According to the USDA’s Agricultural Marketing Service (AMS), peaches have amassed 7% of all non-organic grocery ad placements so far. In the other fruits category are nectarines with 5%, strawberries with 4% and watermelon...

Prunes from South Africa modestly navigating high demand 
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Prunes from South Africa modestly navigating high demand 

South Africa could moderately fill overreaching demand for dried prunes from falling world production in 2025.  2024-25 local production will upswing to 750 tonnes, per a late 2024 projection by the International Nut and Dried Fruit Council (INC).  Since international demand is outpacing supplies, contract producers who cannot meet their orders can capitalize on this modest output...

Ground beef price in the United States beefs up 16%, y-o-y 
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Ground beef price in the United States beefs up 16%, y-o-y 

U.S.’ ground beef has reached its priciest point in recent memory, with May 2025 price up by 16%, year-on-year (y-o-y). According to The Cool Down, referencing the U.S. Bureau of Labor Statistics, minced beef in May peaked at $5.98 a pound. Only February 2025’s pricing at 5.625 a pound is comparable, itself below the earlier champ, September...

tropical mangoes
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The Ghana mango sector evolves three-prong processing maximization strategy

Stakeholders in Ghana have engineered a three-tier approach to maximize the processing of the local mango (mangifera indica). They aim to cut post-harvest losses that decimate 30% of the total harvest, especially in the main April-August season. The Tree Crops Development Authority (TDA)’s CEO Dr. Andy Osei Okrah evolved the farmers’ empowerment strategy during a processing zone...

Rice terraces in the Philippines
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Negros Occidental province in PH distributing 20-peso rice

Sugar-rich Negros Occidental (NegOcc) province in Western Visayas in the Philippines is going palay (unhusked rice) with the 20-peso ($0.35)-per-kg program.  After a May 12, 2025 election-time halt, the Department of Agriculture (DA) on June 24 brought the distribution program to Pulupandan town.  The Federation of Irrigators’ Association of Central Negros-Bago River Irrigation System (FIACN-BRIS) initially sold 50 bags...

lobster and crab on a plate
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Lobster Canada mulling lukewarm sales in China, U.S.

Canada is recording a slide in summer lobster sales in the United States and China, with the tariff cloud impacting lobstering profits.    Although only China’s 25% tariff is currently under force, the United States’ duty moratorium has not helped sales there either.  The executive director of the Lobster Processors Association, Nat Richard, opined on...

Coffee pricing uplifts by 3.19% upon weather vagaries in Brazil 
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Coffee pricing uplifts by 3.19% upon weather vagaries in Brazil 

Low rain in Brazil’s coffee belt upswung global pricing by 3.19% day-on-day on June 23, 2025, after record lows. Arabica for September delivery in New York gained 3.4% day-on-day on the 23rd. This was even as the International Coffee Exchange (ICE)’s robusta deliveries in London surged by 2.91%. On average, Arabica sold at $3.29 per pound by...

Sugar rates tumble following sharp crude oil slump, 2026 surplus 
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Sugar rates tumble following sharp crude oil slump, 2026 surplus 

Sugar futures dropped to a four-month low on June 23, 2025 by -0.37% day-on-day after crude oil rates crashed. Price pressure also emanated from Brazil’s and India’s 2025-26 surplus projections.  Hence, raw sugar futures touched $0.16 a pound (-0.37% daily drop) on June 23 following a lengthy stint near $0.17.  News of war ceasefire between Iran...