Traders expect world cotton prices to recover from the reigning slow start, citing that May deliveries onward will gradually gather strength.  Markets have been ticking downward in January 2025, continuing a bearish slide since the price heights of February 2024.  United States For one, U.S. cotton opened the new year with a price below $0.68 a pound, which by January 10 rose...

On January 10, 2025, trade fell expectant of a bombshell from the U.S. Department of Agriculture (USDA)’s biggest yearly corn report. The bombshell is the World Agricultural Supply and Demand Estimates (WASDE) report, which traders consult for trade direction. This year’s first WASDE comes when corn is performing well due to positive market sentiments despite a whopping 2024 harvest. If USDA presents a...

The Philippines rice sector via the Department of Agriculture (DA) is finalizing an amicable import price for 2025, to contain domestic prices. Import prices for one of the world’s biggest rice importers normally impact domestic rates as much as those of locally-produced rice. This is why the DA, together with the Department of Trade and Industry, is calculating a maximum suggested retail...

Avocados will still be available to a lesser degree in production zones by mid-century, but at a price, studies warn. According to The Mirror in a January 7, 2025 story, 2050 production could fall by 41% due to erratic weather patterns. On the line are key sources in central America from Mexico to Peru and Africa, where climate is fast changing. If the world’s...

A bluefin tuna in Japan weighing 276 kg (607.2 pounds) recently sold at a record 207 million yen ($1.3 million) on January 5, 2025. This is the second highest live price since the start of record-keeping in 1999.  The auction for the giant fish took place smack on the 2025 tuna season opener at the Toyosu Fish Market in Tokyo.  Bid-winning sushi...

As the Hamas war marches past its 460th day, the Israel tomato price monitor is ticking downward after a 90% local supply rally. According to the Director General of the Ministry of Agriculture Oren Lavie, wholesale rates were down by 4 shekels ($1.09) to the kg on January 1, 2025. Wholesale tomatoes that had been trading at 11 shekels ($3) a kg in...

At a time when the world is handling a progressive sugar price decline, Indian subcontinental sugar supply is down, forcing prices up. In Pakistan, government radio on January 3, 2025 sent a statement detailing how the state will rein in the steep prices. During the broadcast, the Minister of Industries and Production Rana Tanveer invoked an inter-provincial meeting to control prices....

After ameliorating a little in December 2024, global orange juice prices rose again in early January 2025 to $5.0479 per pound. This is even as weather-related shortage in Spain and Florida weigh in. Prices of the popular refreshment could remain strong, even going beyond the 2024 high of $5.5550 per pound back in September.   Although Egypt had partially covered the juicing orange gap in...

President Cyril Ramaphosa accompanied by local meat packer, Beefmaster Group, have explored red meat export opportunities for South Africa in Algeria.   During the trade call in late 2024, Ramaphosa and the group’s CEO Gert Blignaut promoted their sector’s strengths to potential importers in Algeria. One of the opportunities is the trailblazing footprint of South Africa’s lamb and beef in the Levant...

Although 2024 brought Pakistan an agricultural sector growth of 6.25%, the minimum support price (msp) of wheat in Punjab suffered state defaulting. While the state government had promised 3,900 Pakistani rupees ($14) per 40 kg bag as the wheat msp, the plan somehow fell through. The World Bank-supported msp of wheat has been helping local farmers who produce 75% of national wheat avoid middlemen....