What Does Being a Global Player Mean to the U.S. Dairy Sector?

Size: px
Start display at page:

Download "What Does Being a Global Player Mean to the U.S. Dairy Sector?"

Transcription

1 What Does Being a Global Player Mean to the U.S. Dairy Sector?

2 Global Considerations Copyright of Daily Dairy Report, Inc. 2

3 A Decade of Change $8,000 4,500 $7,000 4,000 (Million $) $6,000 $5,000 $4,000 $3,000 $2,000 3,500 3,000 2,500 2,000 1,500 1,000 (Million Lbs.) $1, $ Value Volume Copyright Daily Dairy Report, Inc. 3

4 YTD October 2014 Exports Million Lbs. % vs % of ProducPon NDM/SMP % 54% BuUer/Milkfat % 9.4% Total Cheese % 7.4% Cheddar Cheese % 5.5% Dry Whey (human) % 61% WPC (< 80%) % 43% Milk and Whey Protein > 80% % 72% of WPI producpon Lactose > 99% 394-5% *combined equates Lactose < 99% 238 2% to 65% of lactose producpon Copyright of Daily Dairy Report, Inc. 4

5 Key U.S. Export Markets SMP/NDM Cheese Butterfat WPC Dry Whey Mexico Mexico Saudi Arabia China China China S. Korea Morocco Mexico Mexico Philippines Japan Iran Canada Canada Indonesia Canada Egypt Japan Japan Copyright of Daily Dairy Report, Inc. 5

6 Global Milk ProducPon: Select Countries (in billion pounds) Source: USDA FAS 71.4 Copyright of Daily Dairy Report, Inc

7 Global Milk ProducPon: Select Countries 2007 (f) % (Billion Pounds) % 13% % 0 Source: USDA FAS 7 Copyright of Daily Dairy Report, Inc. 7

8 Selected Country Milk ProducPon (2008 to 2013) Compounded Annual Growth Rate (CAGR) India 5.4% New Zealand Argentina 4.2% 4.1% Brazil 3.1% United States 1.2% EU- 27 Mexico Canada Australia China 0.8% 0.7% 0.6% 0.5% 0.2% - 0.6% Russia - 1.0% - 0.8% Ukraine Japan - 2.0% - 1.0% 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% Source: USDA FAS Copyright of Daily Dairy Report, Inc. 8

9 Where s the Growth? Change in Milk Supply 2013 vs (in billion pounds) India S. American EU 27 United States New Zealand China Former S.U Source: USDA FAS Copyright of Daily Dairy Report, Inc. 9

10 Where s the Future Growth? Change in Milk Supply (in billion pounds) India S. American EU 27 United States New Zealand China Former S.U. * Copyright of Daily Dairy Report, Inc. 10

11 Dairy Cost of ProducPon USD$/100kg milk (energy corrected milk) >$60<=$120 >$50<=$60 >$40<=$50 >$30<=$40 >$20<=$30 <=$20 Source: IFCN Copyright of Daily Dairy Report, Inc. 11

12 Dairy Cost of ProducPon Low Cost (ArgenPna) Feed 37% Purchased Grown Grazed Labor 12% Fuel/Energy 1% Land/Rent 4% Financing 2% Other 37% Overhead 7% Mid Cost (U.S.A) Feed 54% Purchased 34% Grown 20% Grazed 0% Labor 15% Fuel/Energy 3% Land/Rent 0% Financing 0% Other 11% Overhead 17% High Cost (Europe) Feed 20% Purchased 14% Grown 5% Grazed 1% Labor 21% Fuel/Energy 4% Land/Rent 2% Financing 3% Other 41% Overhead 9% Source: USDA, Eurostat, Agrivalue S.A. Copyright of Daily Dairy Report, Inc. 12

13 Global Dairy Trade: Selected Countries Trade ProducPon Cheese BuUer WMP NDM o o o Over 40% of global NDM and WMP producpon is exported. Meanwhile, only about 10% of global cheese and buuer producpon is exported. FAO espmates that 7% of global milk producpon is traded (Billion Pounds) Source: USDA FAS 13 Copyright of Daily Dairy Report, Inc. 13

14 Global Dairy Product ProducPon and Exports 3,000 Nonfat Dry Milk 3,500 Whole Milk Powder 2,500 3,000 2,000 2,500 (Million Lbs.) 1,500 1,000 (Million Lbs.) 2,000 1,500 1, U.S. EU 27 India N.Z. Aus - NZ China EU 27 Brazil ArgenPna ProducPon Exports ProducPon Exports Source: USDA FAS Copyright of Daily Dairy Report, Inc. 14

15 Global Dairy Product ProducPon and Exports BuMer Cheese 12,000 25,000 10,000 20,000 (Million Lbs.) 8,000 6,000 4,000 (Million Lbs.) 15,000 10,000 2,000 5,000 - India EU 27 U.S. N.Z. - EU 27 U.S. Aus N.Z. ProducPon Exports ProducPon Exports Source: USDA FAS Copyright of Daily Dairy Report, Inc

16 The China Factor (Million Lbs.) 2,500 2,000 1,500 1, o China s combined imports of NDM and WMP have doubled since o The milk equivalent of China s espmated 2014 powder imports is nearly 20 billion pounds. Just the increase in China s imports in 2013 was equal to 4 billion pounds of milk. o As New Zealand has become the dominate supplier of WMP to China, that has allowed the U.S. exports of NDM to grow in other Asian markets. WMP NDM Source: USDA FAS Copyright of Daily Dairy Report, Inc

17 The China Factor Chinese SMP Imports Chinese WMP Imports Million Lbs Million Lbs Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Copyright of Daily Dairy Report, Inc. 17

18 Global Milk Production Milk Production (AR,AU,EU,NZ,US) Chart Title (30- day month, in million lbs.) 60, ,000 40,000 JAN APR JUL OCT Copyright Daily Dairy Report, Inc. 18

19 So how much milk is that? 4,000 (In Billion Pounds) 3,000 2,000 1,000 (1,000) - Jan- 10 Jun Jan- 11 Jun Jan- 12 Jun Jan- 13 Jun Jan- 14 Jun (2,000) (3,000) Copyright of Daily Dairy Report, Inc. 19

20 U.S. Milk Production U.S. Milk Production (30- day month, in million lbs.) 18,000 17,500 17,000 16,500 16,000 15,500 15,000 14, JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Copyright of Daily Dairy Report, Inc. 20

21 October YOY Change in Milk ProducPon November October WPI Change 90 (30- day in in Milk month) Production 14.0% 12.0% 10.0% 8.0% 6.0% 4.0% 2.0% 0.0% YOY Chg TX CO UT MI KS ID FL WA SD IA VT PA NY OH MN AR CA WI IN VA NM OR IL 21 Copyright of Daily Dairy Report, Inc. 21

22 U.S. Dairy Cows U.S. Dairy Cows (in million head) E JAN APR JUL OCT Copyright Daily Dairy Report, Inc. 22

23 Fewer Happy Meals? Monthly U.S. Dairy Cattle Slaughter (30- day month, in 1,000 head) JAN APR JUL OCT Copyright of Daily Dairy Report, Inc. 23

24 Income Over Feed Key States Regional Actual Dairy Production Margin (in $ per cwt.) National California Wisconsin New York Idaho $20 $18 $16 $14 $12 $10 $8 $6 $4 $2 $0 1H 14 Q /1/2014 Copyright Daily Dairy Report, Inc. 24

25 Income Over Feed Key States Regional Milk Over Feed (in $ per cwt.) Regional Milk Over Feed (in $ per cwt.) $12 California $12 Wisconsin $9 $9 $6 $6 $3 $3 $0 Q Q Q Q $0 Q Q Q Q Regional Milk Over Feed (in $ per cwt.) Regional Milk Over Feed (in $ per cwt.) $12 Idaho $12 New York $9 $9 $6 $6 $3 $3 $0 $0 Q Q Q Q February 2013 Daily Dairy/KLA, Inc. Q Q Q Q

26 USDA All-Milk Price USDA is forecaspng a 20% reducpon in All Milk Price but New Zealand is looking for a 40% reducpon, which would yield $14 All Milk Price $23 $/cwt $19 $15 $ * 2015* Copyright of Daily Dairy Report, Inc. 26

27 Milk Price Comparisons 48 Germany - Bayern New Zealand United States (Euro Cents per Liter) Jan- 10 Mar May Jul Sep Nov Jan- 11 Mar May Jul Sep U.S Drought Higher Cheese & Butter Prices Nov Jan- 12 Mar May Jul Sep Nov Jan Lower European Production & New Zealand Drought Higher Global Powder Prices Mar May Jul Sep Nov Jan- 14 Mar May Jul Sep Copyright Daily Dairy Report, Inc. 27

28 Global Dairy Product Price Comparisons World Bi- Weekly Butter Price (in USD per lb.) Oceania German CME GDT $3.40 $3.15 $2.90 $2.65 $2.40 $2.15 $1.90 $1.65 $1.40 $1.15 $0.90 Jan- 14 Mar- 14 May- 14 Jul- 14 Sep- 14 Nov- 14 Weekly World Cheese Price Title (in USD per lb.) $2.65 Oceania German (Edam) CME $2.40 $2.15 $1.90 $1.65 $1.40 Jan- 14 Mar- 14 May- 14 Jul- 14 Sep- 14 Nov- 14 Copyright of Daily Dairy Report, Inc. 28

29 Dairy Product Production, Stocks, and Exports Copyright Daily Dairy Report, Inc. 29

30 U.S. Cheese Production & Stocks Total U.S. WPI Cheese Sour Lactose 90 (30- day Cream Production Stocks month) (30- day month, in million lbs.) 1, JAN APR JUL OCT 1,200 1,150 1,100 1,050 1, U.S. Stocks of Total Cheese (in million lbs.) JAN APR JUL OCT Copyright Daily Dairy Report, Inc. 30

31 American Cheese Production & Stocks American Cheese (30- day month, in million lbs.) U.S. Stocks of American Cheese (in million lbs.) JAN APR JUL OCT JAN APR JUL OCT Copyright Daily Dairy Report, Inc. 31

32 US Cheese Exports U.S. WPI Cheese 90 (30- day & Curd month) Exports (30- day month, in million lbs.) U.S. U.S. WPI Cheese Cheddar 90 (30- day & Curd Exports month) Exports (30- day month, in million lbs.) JAN APR JUL OCT JAN APR JUL OCT Copyright of Daily Dairy Report, Inc. 32

33 Mozzarella Production & Fresh Cheese Exports WPI 90 (30- day month) Mozzarella (30- day month, in million lbs.) U.S. Fresh Cheese Exports (30- day month, in million lbs.) JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Copyright Daily Dairy Report, Inc. 33

34 The Power of Pizza South Korea Indonesia Saudi Arabia Shanghai, China Copyright Daily Dairy Report, Inc. 34

35 NDM Production and Stocks U.S. NDM/SMP Production (30- day month, in million lbs.) U.S. Manufacturers' Stocks of NDM (in million lbs.) JAN APR JUL OCT JAN APR JUL OCT Copyright of Daily Dairy Report, Inc. 35

36 NDM/SMP Exports U.S. WPI Exports NDM/SMP 90 (30- day NDM/SMP month) Exports (30- day month, in million lbs.) WPI NZ SMP 90 (30- day Exports month) (30- day month, in million lbs.) JAN APR JUL OCT JAN APR JUL OCT Copyright of Daily Dairy Report, Inc. 36

37 What about Russia? 200 EU WPI Cheese 90 (30- day Exports month) 30- day month, in million lbs.) JAN APR JUL OCT Copyright of Daily Dairy Report, Inc. 37

38 Reality Check o The U.S. is a player in the global dairy market o This brings opportunipes as well as challenges o The real quespon is whether we want to play J.V., Varsity or Professional. Copyright of Daily Dairy Report, Inc. 38

Global Considerations

Global Considerations What Does Being a Global Player Mean to the U.S. Dairy Sector? Global Considerations 2 1 A Decade of Change $8, 4,5 $7, 4, (Million $) $6, $5, $4, $3, $2, $1, 3,5 3, 2,5 2, 1,5 1, 5 (Million Lbs.) $ 23

More information

Outline. o Global Dairy Overview o U.S Milk Production o Dairy Product Production, Stocks, Trade o Outlook 12/7/2016

Outline. o Global Dairy Overview o U.S Milk Production o Dairy Product Production, Stocks, Trade o Outlook 12/7/2016 Outline o Global Dairy Overview o U.S Milk Production o Dairy Product Production, Stocks, Trade o Outlook 2 1 A View From Abroad Germany 1983 2 Germany 1983 Japan 1984 3 Japan 1984 Kobe Cow Calf Show 4

More information

Outline. o Global Dairy Overview o U.S Milk Production o Dairy Product Production, Stocks, Trade o Outlook. Copyright 2017 Daily Dairy Report, Inc.

Outline. o Global Dairy Overview o U.S Milk Production o Dairy Product Production, Stocks, Trade o Outlook. Copyright 2017 Daily Dairy Report, Inc. Outline o Global Dairy Overview o U.S Milk Production o Dairy Product Production, Stocks, Trade o Outlook 2 Global Milk Production: Select Countries (in billion pounds) In Billion Pounds 21 67 216 333

More information

World Dairy Situation. IDF SC DPE, Paris April 11, 2013

World Dairy Situation. IDF SC DPE, Paris April 11, 2013 World Dairy Situation IDF SC DPE, Paris April 11, Current dairy situation Dairy production progressed in 2012 in supplying regions but is now stabilizing, even declining in some countries Export demand

More information

U.S. exported 15.5% of its milk production (TSB) in November YTD volumes +17% vs. prior year: PAGE 5. MIDDLE EAST/ NO. AFRICA $721 m, +78%

U.S. exported 15.5% of its milk production (TSB) in November YTD volumes +17% vs. prior year: PAGE 5. MIDDLE EAST/ NO. AFRICA $721 m, +78% U.S. exported 15.5% of its milk production (TSB) in November YTD volumes +17% vs. prior year: PAGE 5 U.S. Exports NDM/SMP...2 Cheese...2 Butterfat...2 Whey Products...3 Lactose...4 WMP...4 Food Preps (Blends)...4

More information

U.S. exported 16.6% of its milk production (TSB) in September YTD volumes +15% vs. prior year: PAGE 5. MIDDLE EAST/ NO. AFRICA $581 m, +65%

U.S. exported 16.6% of its milk production (TSB) in September YTD volumes +15% vs. prior year: PAGE 5. MIDDLE EAST/ NO. AFRICA $581 m, +65% U.S. exported 16.6% of its milk production (TSB) in September YTD volumes +15% vs. prior year: PAGE 5 U.S. Exports NDM/SMP...2 Cheese...2 Butterfat...2 Whey Products...3 Lactose...4 WMP...4 Food Preps

More information

Market Outlook GLOBAL DAIRY. WMP prices up since June U.S. WPC exports (p. 5) Milk production lower (p. 8)

Market Outlook GLOBAL DAIRY. WMP prices up since June U.S. WPC exports (p. 5) Milk production lower (p. 8) U.S. exports (MT, Jan-Sep): NDM/SMP 349,686 6% CHEESE 201,552 21% WHEY 358,424 8% BUTTERFAT 36,145-31% DETAILS, PAGE 3 November 26, 2012 Volume 16 No.6 GLOBAL DAIRY Market Outlook U.S. Dairy Export Council

More information

Market Outlook GLOBAL DAIRY. Whey prices supported U.S. NDM/SMP exports (p. 4) Milk production flat (p. 8)

Market Outlook GLOBAL DAIRY. Whey prices supported U.S. NDM/SMP exports (p. 4) Milk production flat (p. 8) U.S. exports (MT, Jan-Aug): NDM/SMP 316,059 9% CHEESE 183,189 21% WHEY 319,733 8% BUTTERFAT 34,531-31% DETAILS, PAGE 3 October 16, 2012 Volume 16 No.5 GLOBAL DAIRY Market Outlook U.S. Dairy Export Council

More information

Market Outlook GLOBAL DAIRY. *Mid-point of range. Milk powder, cheese and butterfat are Oceania; whey is Western Europe.

Market Outlook GLOBAL DAIRY. *Mid-point of range. Milk powder, cheese and butterfat are Oceania; whey is Western Europe. U.S. exports (MT, Jan-Nov): NDM/SMP 510,516 24% CHEESE 285,466 19% WHEY 455,899 5% BUTTERFAT 80,550 88% Details: PAGE 3 January 31, 2014 Volume 18 No.1 GLOBAL DAIRY Market Outlook U.S. Dairy Export Council

More information

Market Outlook GLOBAL DAIRY. *Mid-point of range. Milk powder, cheese and butterfat are Oceania; whey is EU.

Market Outlook GLOBAL DAIRY. *Mid-point of range. Milk powder, cheese and butterfat are Oceania; whey is EU. U.S. exports (MT, Jan-Dec): NDM/SMP 444,727 2% CHEESE 260,033 16% WHEY 468,144 4% BUTTERFAT 46,019-27% Details: PAGE 3 February 28, 2013 Volume 17 No.2 GLOBAL DAIRY Market Outlook U.S. Dairy Export Council

More information

THE GLOBAL PULSE MARKETS: recent trends and outlook

THE GLOBAL PULSE MARKETS: recent trends and outlook THE GLOBAL PULSE MARKETS: recent trends and outlook CICILS/IPTIC 2004 CONVENTION 10-12 12 June 2004 Beijing, China Boubaker BENBELHASSEN Commodities and Trade Division United Nations Food and Agriculture

More information

GLOBAL DAIRY. Market Outlook PRICE TREND - SMP, WMP, CHEESE, BUTTER, WHEY* ($/MT) WHEY SMP WMP CHEESE BUTTER

GLOBAL DAIRY. Market Outlook PRICE TREND - SMP, WMP, CHEESE, BUTTER, WHEY* ($/MT) WHEY SMP WMP CHEESE BUTTER GLOBAL DAIRY Market Outlook August 19, 2015 2013-15 PRICE TREND - SMP, WMP, CHEESE, BUTTER, WHEY* ($/MT) 1600 WHEY SMP WMP CHEESE BUTTER 2013 2014 2015 5800 Whey 1420 1240 1060 880 4920 4040 3160 2280

More information

much better than in As may be seen in Table 1, the futures market prices for the next 12 months

much better than in As may be seen in Table 1, the futures market prices for the next 12 months Dairy Outlook December 2009 By Jim Dunn Professor of Agricultural Economics, Penn State University Market Psychology prices are higher than last month, especially Class IV. The outlook for dairy prices

More information

Blow Molding Machine Produced by IAR Team Focus Technology Co., Ltd

Blow Molding Machine Produced by IAR Team Focus Technology Co., Ltd Blow Molding Machine 2012.08 Produced by IAR Team Focus Technology Co., Ltd Contents 1. 2009-2011 Chinese Blow Molding Machines Export Trend Analysis...3 2009-2011 Chinese Blow Molding Machines Export

More information

Dairy Outlook. December By Jim Dunn Professor of Agricultural Economics, Penn State University. Market Psychology

Dairy Outlook. December By Jim Dunn Professor of Agricultural Economics, Penn State University. Market Psychology Dairy Outlook December 2015 By Jim Dunn Professor of Agricultural Economics, Penn State University Market Psychology The Class III market has taken a beating lately as cheese prices have drifted down and

More information

Networkers Business Update. December 2014

Networkers Business Update. December 2014 Networkers Business Update December 2014 Agenda Forecast Milk Price Global markets V3 Strategy Growing our share of New Zealand milk Page 2 Forecast Milk Price 110 100 2012/13 2013/14 2014/15 Forecast

More information

Market Outlook GLOBAL DAIRY. Oceania SMP prices jump U.S. cheese exports (p. 4) Milk production lower (p. 8)

Market Outlook GLOBAL DAIRY. Oceania SMP prices jump U.S. cheese exports (p. 4) Milk production lower (p. 8) U.S. exports (MT, Jan-Feb): NDM/SMP 66,823 15% CHEESE 43,598 9% WHEY 74,147 10% BUTTERFAT 8,478 29% DETAILS, PAGE 3 April 23, 2013 Volume 17 No. 3 GLOBAL DAIRY Market Outlook U.S. Dairy Export Council

More information

For personal use only

For personal use only SEPTEMBER 216 GLOBAL DAIRY UPDATE European milk production has decreased for the first time since early 215, with volumes in June down 2 compared to last year. Last week we announced our annual results,

More information

GPS Leaders Conference: Global Dairy & Milk Protein Opportunities November 2016

GPS Leaders Conference: Global Dairy & Milk Protein Opportunities November 2016 GPS Leaders Conference: Global Dairy & Milk Protein Opportunities November 2016 2 If this can happen..anything can happen! 3 Topics covered + Hoogwegt Organization + US Dairy Export Update + Global Trends

More information

GLOBAL DAIRY. Market Outlook PRICE TREND - SMP, WMP, CHEESE, BUTTER, WHEY* ($/MT) WHEY SMP WMP CHEESE BUTTER

GLOBAL DAIRY. Market Outlook PRICE TREND - SMP, WMP, CHEESE, BUTTER, WHEY* ($/MT) WHEY SMP WMP CHEESE BUTTER GLOBAL DAIRY Market Outlook October 27, 2017 2014-17 PRICE TREND - SMP, WMP, CHEESE, BUTTER, WHEY* ($/MT) WHEY SMP WMP CHEESE BUTTER 1600 2014 6300 Europe Whey 1386 1172 958 744 5280 4260 3240 2220 Oceania

More information

Overview of the Manganese Industry

Overview of the Manganese Industry 39th Annual Conference Istanbul, Turkey 2013 Overview of the Manganese Industry International Manganese Institute Alberto Saavedra Market Research Manager June, 2013 Introduction Global Production Supply,

More information

Milk and Milk Products: Price and Trade Update

Milk and Milk Products: Price and Trade Update Milk and Milk Products: Price and Trade Update June 217 * International dairy prices The FAO Dairy Price Index averaged 29 points in June, up 16 points (8.3 percent) from January 217 and 71 points (51.5

More information

GLOBAL DAIRY UPDATE KEY DATES MARCH 2017

GLOBAL DAIRY UPDATE KEY DATES MARCH 2017 MARCH 2017 GLOBAL DAIRY UPDATE European milk production decreased for the seventh consecutive month, while the US remains strong. The rate of decline in New Zealand production is easing. US exports continue

More information

% of Reference Price 190% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Beef & Veal Production (E28 Slaughtering) - Tonnes

% of Reference Price 190% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Beef & Veal Production (E28 Slaughtering) - Tonnes Trade Prices Production Production & Stocks DG AGRI DASHBOARD: BEEF AND VEAL Last update: 23.11217 Carcasse Live Animals 2.2% 9.3% -6.3% -4.% -1.9% -6.2% 5.2% /1 kg Tonnes cw /head /kg 14.2% 1.1% -1.7%

More information

GLOBAL DAIRY. Market Outlook PRICE TREND - SMP, WMP, CHEESE, BUTTER, WHEY* ($/MT) WHEY SMP WMP CHEESE BUTTER

GLOBAL DAIRY. Market Outlook PRICE TREND - SMP, WMP, CHEESE, BUTTER, WHEY* ($/MT) WHEY SMP WMP CHEESE BUTTER GLOBAL DAIRY Market Outlook February 7, 2018 2015-18 PRICE TREND - SMP, WMP, CHEESE, BUTTER, WHEY* ($/MT) WHEY SMP WMP CHEESE BUTTER 1600 2015 2016 2017 2018 6300 Europe Whey 1386 1172 958 744 5280 4260

More information

GLOBAL DAIRY. Market Outlook PRICE TREND - SMP, WMP, CHEESE, BUTTER, WHEY* ($/MT) WHEY SMP WMP CHEESE BUTTER

GLOBAL DAIRY. Market Outlook PRICE TREND - SMP, WMP, CHEESE, BUTTER, WHEY* ($/MT) WHEY SMP WMP CHEESE BUTTER GLOBAL DAIRY Market Outlook June 23, 2017 2014-17 PRICE TREND - SMP, WMP, CHEESE, BUTTER, WHEY* ($/MT) WHEY SMP WMP CHEESE BUTTER 1600 2014 6000 Europe Whey 1386 1172 958 744 530 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

More information

Outline. Long-term Outlook for Cotton Consumption. World End-Use Consumption of Textile Fibers. World Consumption of Textile Fibers

Outline. Long-term Outlook for Cotton Consumption. World End-Use Consumption of Textile Fibers. World Consumption of Textile Fibers World Cotton Supply and Use International Cotton Advisory Committee Secretariat Outline! Long-term Outlook for Consumption! Outlook for /! Developments in World Cotton Trade Fifth Open Session: Cotton

More information

2017 U.S. DISTILLERS GRAINS EXPORTS

2017 U.S. DISTILLERS GRAINS EXPORTS 217 U.S. DISTILLERS GRAINS EXPORTS 14, Annual U.S. Distillers Grains Exports 12, 12,695 1, 8, 6, 4, 2, 2,358 4,532 5,651 9,5 7,676 7,421 9,67 11,284 11,314 11,77 U.S. exports of distillers grains (DG)

More information

Coffee market remains volatile but lacks direction

Coffee market remains volatile but lacks direction Coffee market remains volatile but lacks direction Prices fluctuated significantly during August, with the ICO composite indicator dropping by 10 cents before jumping back up another 12 cents by the end

More information

World coffee consumption increases but prices still low

World coffee consumption increases but prices still low World coffee consumption increases but prices still low The coffee market stabilised slightly in February, but prices remain at very low levels. A lack of news regarding fundamentals with expectations

More information

Global Trade in Mangoes

Global Trade in Mangoes Global Trade in Mangoes October 2014 Jim Lang Managing Director TradeData International Pty Ltd jim.lang@tradedata.net www.tradedata.net COUNTRIES WITH MONTH IMPORT STATISTICS 1. The global market is just

More information

Fresh Deciduous Fruit (Apples, Grapes, & Pears): World Markets and Trade

Fresh Deciduous Fruit (Apples, Grapes, & Pears): World Markets and Trade Million MT United States Department of Agriculture Foreign Agricultural Service December 21 Fresh Deciduous Fruit (Apples, Grapes, & Pears): World Markets and Trade 21/11 Forecast: World Apple Trade Declines;

More information

Soybean Oil and Palm Oil Account For An Increasing Share of World Vegetable Oil Consumption

Soybean Oil and Palm Oil Account For An Increasing Share of World Vegetable Oil Consumption United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 01-03 January 2003 Soybean Oil and Palm Oil Account For An Increasing Share of World Vegetable Oil Consumption Percent

More information

Monitoring EU Agri-Food Trade: Development until March 2018

Monitoring EU Agri-Food Trade: Development until March 2018 Monitoring EU Agri-Food Trade: Development until March 2018 14.000 EU28: Export to Extra-EU of Agri-Food Products 13.000 12.000 11.000 10.000 2018 2017 2015 2016 2014 9.000 8.000 7.000 6.000 Jan Feb Mar

More information

Overview of Global Dairy Markets

Overview of Global Dairy Markets Overview of Global Dairy Markets United Dairymen of Idaho March 2, 2015 Dr. Marin Bozic The Big Picture vs. The Grand Challenge World Today Total animals: 17 billion Asset value: $1.4 trillion Employs:

More information

Dairy Market R E P O R T

Dairy Market R E P O R T Volume 18 No. 8 Dairy Market R E P O R T August 2015 DMI NMPF Overview Milk prices in many major milk-producing countries have plummeted to levels that are producing severe financial stress for their farmers.

More information

Corn and Soybean CORN OUTLOOK SOYBEAN OUTLOOK STATISTICS AND ANALYSIS

Corn and Soybean CORN OUTLOOK SOYBEAN OUTLOOK STATISTICS AND ANALYSIS Corn and Soybean CORN OUTLOOK SOYBEAN OUTLOOK STATISTICS AND ANALYSIS CLAL (and its officers, employees and auxiliary persons) shall not be liable to clients, web users or anyone else for any loss or injury

More information

World Agricultural Outlook Board Interagency Commodity Estimates Committee Forecasts. Lockup Briefing February 10, 2015

World Agricultural Outlook Board Interagency Commodity Estimates Committee Forecasts. Lockup Briefing February 10, 2015 World Agricultural Outlook Board Interagency Commodity Estimates Committee Forecasts Lockup Briefing World Wheat Production Country or Region Million Tons Percent Percent World 716.1 725.0 0.2 1.2 United

More information

Dairy situation and outlook. Wisconsin Agricultural Bankers Association Wisconsin Dells, WI April 5, 2017 Dr. Marin Bozic

Dairy situation and outlook. Wisconsin Agricultural Bankers Association Wisconsin Dells, WI April 5, 2017 Dr. Marin Bozic Dairy situation and outlook Wisconsin Agricultural Bankers Association Wisconsin Dells, WI April 5, 2017 Dr. Marin Bozic Global Milk output has stayed below year ago since June 2 EU + US + NZ +AU Milk

More information

South American Soybean Stocks (Argentina and Brazil) Expected to Increase in 2001/02 to Record Level Despite Record Exports

South American Soybean Stocks (Argentina and Brazil) Expected to Increase in 2001/02 to Record Level Despite Record Exports United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 02-02 February 2002 South American Soybean Stocks (Argentina and Brazil) Expected to Increase in 2001/02 to Record

More information

Coffee prices maintain downward trend as 2015/16 production estimates show slight recovery

Coffee prices maintain downward trend as 2015/16 production estimates show slight recovery Coffee prices maintain downward trend as 2015/16 production estimates show slight recovery The coffee market fell again in December 2015, reaching its second lowest monthly average of the year. This decrease

More information

Dairy Market. Overview. Commercial Use of Dairy Products

Dairy Market. Overview. Commercial Use of Dairy Products Dairy Market Dairy Management Inc. R E P O R T Volume 19 No. 2 February 2016 DMI NMPF Overview U.S. milk production continues to grow at an annual rate of less than 1 percent, and domestic commercial use

More information

MMO Economic Board. Milk Market Observatory. Meeting of 28 November 2017

MMO Economic Board. Milk Market Observatory. Meeting of 28 November 2017 Milk Market Observatory Last update : 29.11.2017 MMO Economic Board Meeting of 28 November 2017 o The 24th meeting of the MMO Economic Board took place on 28/11/2017, with the participation of experts

More information

GLOBAL DAIRY. Market Outlook PRICE TREND - SMP, WMP, CHEESE, BUTTER, WHEY* ($/MT) WHEY SMP WMP CHEESE BUTTER

GLOBAL DAIRY. Market Outlook PRICE TREND - SMP, WMP, CHEESE, BUTTER, WHEY* ($/MT) WHEY SMP WMP CHEESE BUTTER GLOBAL DAIRY Market Outlook September 26, 2018 2015-18 PRICE TREND - SMP, WMP, CHEESE, BUTTER, WHEY* ($/MT) WHEY SMP WMP CHEESE BUTTER 1600 2016 2017 2018 6300 Europe Whey 1386 1172 958 744 5280 4260 3240

More information

DEVELOPMENTS IN STEEL SCRAP IN 2009

DEVELOPMENTS IN STEEL SCRAP IN 2009 DEVELOPMENTS IN STEEL SCRAP IN 2009 AMERICAN SCRAP COALITION WASHINGTON, DC DEVELOPMENTS IN STEEL SCRAP 2009 The year 2009 demonstrated that the United States continues to experience a crisis with respect

More information

The Changing Landscape of Dairy: A Regional Outlook. Mark Stephenson Director of Dairy Policy Analysis

The Changing Landscape of Dairy: A Regional Outlook. Mark Stephenson Director of Dairy Policy Analysis The Changing Landscape of Dairy: A Regional Outlook Mark Stephenson Director of Dairy Policy Analysis Millions of Pounds Let s remember when 32,000 30,000 28,000 Wisconsin Annual Milk Production It s the

More information

Fresh Deciduous Fruit (Apples, Grapes, & Pears): World Markets and Trade

Fresh Deciduous Fruit (Apples, Grapes, & Pears): World Markets and Trade United States Department of Agriculture Foreign Agricultural Service Fresh Deciduous Fruit (Apples, Grapes, & Pears): World Markets and Trade 9 1, MT Deciduous Fruit on Seasonal Cycles 6 Northern Hemisphere

More information

Coffee market ends 2014 at ten month low

Coffee market ends 2014 at ten month low Coffee market ends 2014 at ten month low Coffee prices continued to slide downwards in December 2014, with the monthly average of the ICO composite indicator at its lowest level since February. Recent

More information

GLOBAL DAIRY. Market Outlook PRICE TREND - SMP, WMP, CHEESE, BUTTER, WHEY* ($/MT) WHEY SMP WMP CHEESE BUTTER

GLOBAL DAIRY. Market Outlook PRICE TREND - SMP, WMP, CHEESE, BUTTER, WHEY* ($/MT) WHEY SMP WMP CHEESE BUTTER GLOBAL DAIRY Market Outlook March 23, 2017 2014-17 PRICE TREND - SMP, WMP, CHEESE, BUTTER, WHEY* ($/MT) WHEY SMP WMP CHEESE BUTTER 1600 2014 5500 Europe Whey 1386 1172 958 744 530 Q1 Q2 Q3 Q4 Q1 Q2 Q3

More information

Welcome to our June 2014 Global Dairy Update

Welcome to our June 2014 Global Dairy Update Welcome to our June 2014 Global Dairy Update IN THIS EDITION Fonterra Milk Collection: New Zealand 8% higher and Australia 2% lower to 31 May 2014 Business Update: Minimum Shareholding requirements for

More information

QUARTERLY REVIEW OF THE PERFORMANCE OF THE DAIRY INDUSTRY 1

QUARTERLY REVIEW OF THE PERFORMANCE OF THE DAIRY INDUSTRY 1 QUARTERLY REVIEW OF THE PERFORMANCE OF THE DAIRY INDUSTRY 1 The information in this document is from sources deemed to be correct. Milk SA, the MPO and SAMPRO are not responsible for the results of any

More information

Dairy Market R E P O R T

Dairy Market R E P O R T Volume 18 No. 12 Dairy Market R E P O R T D e c e m b e r 2 0 1 5 DMI NMPF Overview The U.S. average all-milk price, which spent seven months of 2015 hovering around $16.70 per hundredweight, has moved

More information

Coffee market settles lower amidst strong global exports

Coffee market settles lower amidst strong global exports Coffee market settles lower amidst strong global exports The ICO composite indicator price declined by 1.2% in February 2018 to an average of 114.19 US cents/lb. Indicator prices for all three Arabica

More information

Industry Advisory Panel Item 4c Trade of Stainless Steel Scrap

Industry Advisory Panel Item 4c Trade of Stainless Steel Scrap Industry Advisory Panel Item 4c Trade of Stainless Steel Scrap Lisbon Tuesday 22 April 2008 Sven Tollin Chief Statistician 1 Stainless Steel Waste & Scrap Comparison calendar with Except Kazakhstan only

More information

Record exports from Brazil weigh heavy on the coffee market

Record exports from Brazil weigh heavy on the coffee market Record exports from Brazil weigh heavy on the coffee market Coffee exports from Brazil reached a record high of 36.8 million bags in crop year 2014/15 (April to March), fuelled by domestic stocks and encouraged

More information

GLOBAL DAIRY. Market Outlook PRICE TREND - SMP, WMP, CHEESE, BUTTER, WHEY* ($/MT) WHEY SMP WMP CHEESE BUTTER

GLOBAL DAIRY. Market Outlook PRICE TREND - SMP, WMP, CHEESE, BUTTER, WHEY* ($/MT) WHEY SMP WMP CHEESE BUTTER GLOBAL DAIRY Market Outlook January 29, 2019 201719 PRICE TREND SMP, WMP, CHEESE, BUTTER, WHEY* ($/MT) WHEY SMP WMP CHEESE BUTTER 1600 2017 2018 2019 6300 Europe Whey 1386 1172 958 744 5280 4260 3240 2220

More information

China s Export of Key Products of Pharmaceutical Raw Materials

China s Export of Key Products of Pharmaceutical Raw Materials China s Export of Key Products of Pharmaceutical Raw Materials During the period of the 62nd API China& INTERPHEX CHINA, China Pharmaceutical Industry Association released its annual Report on Analysis

More information

MONTHLY COFFEE MARKET REPORT

MONTHLY COFFEE MARKET REPORT 1 E MONTHLY COFFEE MARKET REPORT March 2014 Ongoing uncertainty over the Brazilian coffee crop has caused significant fluctuations in coffee prices during March, with monthly volatility of the International

More information

Steel Market Report. AISI & WSA Data Charts. By Becky E. Hites

Steel Market Report. AISI & WSA Data Charts. By Becky E. Hites Steel Market Report AISI & WSA Data Charts By Becky E. Hites April 4, 2015 Information included in this report is believed to be true and the author has exercised due diligence in obtaining the data from

More information

Welcome to our May 2014 Global Dairy Update

Welcome to our May 2014 Global Dairy Update Welcome to our May 2014 Global Dairy Update IN THIS EDITION New Zealand milk volumes 8% higher and Australia 3% lower to 30 April 2014 Business Update: NZ Milk Products third quarter update Regulatory

More information

Dairy Market. Overview. Commercial Use of Dairy Products. U.S. Dairy Trade

Dairy Market. Overview. Commercial Use of Dairy Products. U.S. Dairy Trade Dairy Market Dairy Management Inc. R E P O R T Volume 19 No. 11 November 2016 DMI NMPF Overview Four straight months of rising milk prices and three straight months of falling feed costs have brought some

More information

IN THIS ISSUE FEBRUARY Financial Calendar: Late September 2014 Annual Results Announced. 26 March 2014 Interim Results Announced

IN THIS ISSUE FEBRUARY Financial Calendar: Late September 2014 Annual Results Announced. 26 March 2014 Interim Results Announced FEBRUARY 2014 Welcome to our latest Global Dairy Update. This update is part of Fonterra s commitment to informing our farmers and wider stakeholders about the global dairy market, trends in New Zealand

More information

Milk and Milk Products. Price and Trade Update. Weekly Newsletter. Milk and Milk Products. Price and Trade Update: April

Milk and Milk Products. Price and Trade Update. Weekly Newsletter. Milk and Milk Products. Price and Trade Update: April April Milk and Milk Products Price and Trade Update Weekly Newsletter Milk and Milk Products Price and Trade Update: April 1 PRICES: Remain depressed International dairy product prices began the year at

More information

Part 1: California Ag Exports Main Points From 2008 to 2009 California agricultural exports declined about 5 percent.

Part 1: California Ag Exports Main Points From 2008 to 2009 California agricultural exports declined about 5 percent. The Importance of California Agricultural Exports: Situation, Outlook and Policy Prospects, with emphasis on the Korea Free Trade Agreement California Fresh Carrot Advisory Board 11 Research hsymposium

More information

Strong U.S. Soybean Exports to Date Should Lead to Marketing Year Record

Strong U.S. Soybean Exports to Date Should Lead to Marketing Year Record United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 04-01 April 2001 Strong U.S. Soybean Exports to Date Should Lead to Marketing Year Record U.S. Soybean Exports to

More information

Dairy Market. April 2016

Dairy Market. April 2016 Dairy Market Dairy Management Inc. R E P O R T Volume 19 No. 4 April 2016 DMI NMPF Overview Dairy market developments during the first part of April brought slight improvements in the outlook for milk

More information

Citrus: World Markets and Trade

Citrus: World Markets and Trade United States Department of Agriculture Foreign Agricultural Service Citrus: World Markets and Trade Oranges Global orange production for 2012/13 is forecast to drop over 4 percent from the previous year

More information

GLOBAL DAIRY UPDATE KEY DATES FEBRUARY Continued strong import demand for dairy in China. Latin America and Asia imports decrease.

GLOBAL DAIRY UPDATE KEY DATES FEBRUARY Continued strong import demand for dairy in China. Latin America and Asia imports decrease. FEBRUARY 2018 GLOBAL DAIRY UPDATE Continued strong import demand for dairy in China. Latin America and Asia imports decrease. Fonterra and The a2 Milk Company form comprehensive strategic relationship.

More information

PREPARED BY LEPRINO FOODS

PREPARED BY LEPRINO FOODS THE VALUE PROPOSITION OF CHEESE & INNOVATION PREPARED BY LEPRINO FOODS FOR THE NATIONAL FROZEN PIZZA INSTITUTE February 28, 2011 LEPRINO S GLOBAL FOOTPRINT 11 Plants in the U.S. and U.K. Construction underway

More information

International Table Grape Symposium November 2014 Australian Table Grapes Jeff Scott Chief Executive Officer

International Table Grape Symposium November 2014 Australian Table Grapes Jeff Scott Chief Executive Officer International Table Grape Symposium November 2014 Australian Table Grapes Jeff Scott Chief Executive Officer Australian Table Grape Industry - Snapshot There are approximately 900 table grape growers throughout

More information

Coffee market recovers slightly from December slump

Coffee market recovers slightly from December slump Coffee market recovers slightly from December slump After reaching its lowest level in 22 months in December 2017, the monthly average of the ICO composite indicator price increased by 1.4% to 115.60 US

More information

UPPER MIDWEST DAIRY NEWS

UPPER MIDWEST DAIRY NEWS Federal Milk Market Administrator U.S. Department of Agriculture UPPER MIDWEST DAIRY NEWS Victor J. Halverson, Market Administrator Volume 17, Issue 6 Upper Midwest Marketing Area, Federal Order No. 30

More information

Coffee market ends 2017/18 in surplus

Coffee market ends 2017/18 in surplus Coffee market ends 217/18 in surplus World coffee production in coffee year 217/18 is estimated 5.7% higher at 164.81 million bags as output of Arabica increased by 2.2% to 11.82, and Robusta grew 11.7%

More information

Dairy Market. July The U.S. average all-milk price rose by $0.20 per hundredweight in May from a

Dairy Market. July The U.S. average all-milk price rose by $0.20 per hundredweight in May from a Dairy Market Dairy Management Inc. R E P O R T Volume 20 No. 6 July 2017 DMI NMPF Overview The U.S. average all-milk price rose by $0.20 per hundredweight in May from a month earlier, and the June federal

More information

Globalization of Agriculture: An Ownership and Market Perspective. Ken Sullivan March 7, 2017

Globalization of Agriculture: An Ownership and Market Perspective. Ken Sullivan March 7, 2017 Globalization of Agriculture: An Ownership and Market Perspective Ken Sullivan March 7, 2017 History and Context 3 $14BN COMPANY THAT OPERATES IN 23 U.S. STATES AND 5 COUNTRIES Smithfield s vertically

More information

OUR POTENTIAL. Business Update MAY 2017

OUR POTENTIAL. Business Update MAY 2017 OUR POTENTIAL Business Update MAY 2017 Disclaimer This presentation may contain forward-looking statements and projections. There can be no certainty of outcome in relation to the matters to which the

More information

Coffee market continues downward trend

Coffee market continues downward trend Coffee market continues downward trend Since August 2017, the ICO composite indicator price has declined in each month except January 2018. The composite indicator decreased by 1.1% in March 2018 to an

More information

Plastic Machinery Produced by IAR Team Focus Technology Co., Ltd.

Plastic Machinery Produced by IAR Team Focus Technology Co., Ltd. 2010-2013 Plastic Machinery 2014.02 Produced by IAR Team Focus Technology Co., Ltd. Contents 1. 2010-2012 Chinese Plastic Machinery Export Trend Analysis...3 1.1. 2010-2012 Chinese Plastic Machinery Export

More information

Milk and Milk Products. Price and Trade Update: October

Milk and Milk Products. Price and Trade Update: October October Milk and Milk Products Price and Trade Update Weekly Newsletter Milk and Milk Products Price and Trade Update: October 1 INTERNATIONAL PRICES: Weak import demand causes prices to fall International

More information

UPPER MIDWEST DAIRY NEWS

UPPER MIDWEST DAIRY NEWS Federal Milk Market Administrator U.S. Department of Agriculture UPPER MIDWEST DAIRY NEWS H. Paul Kyburz, Market Administrator Volume 3, Issue 10 Upper Midwest Marketing Area, Federal Order No. 30 October

More information

Federal Milk Market Administrator U.S. Department of Agriculture. H. Paul Kyburz, Market Administrator

Federal Milk Market Administrator U.S. Department of Agriculture. H. Paul Kyburz, Market Administrator Federal Milk Market Administrator U.S. Department of Agriculture UPPER MIDWEST DAIRY NEWS H. Paul Kyburz, Market Administrator Volume 9, Issue 7 Upper Midwest Marketing Area, Federal Order No. 30 July

More information

UPPER MIDWEST DAIRY NEWS

UPPER MIDWEST DAIRY NEWS Federal Milk Market Administrator U.S. Department of Agriculture UPPER MIDWEST DAIRY NEWS H. Paul Kyburz, Market Administrator Volume 15, Issue 1 Upper Midwest Marketing Area, Federal Order No. 30 January

More information

Monitoring EU Agri-Food Trade: Development until December 2016

Monitoring EU Agri-Food Trade: Development until December 2016 Monitoring EU Agri-Food Trade: Development until December 2016 EU agri-food exports at highest annual level ever: EUR 130.7 billion The annual value of EU agri-food exports in 2016 reached a new record

More information

Dairy Market. May 2017

Dairy Market. May 2017 Dairy Market Dairy Management Inc. R E P O R T Volume 20 No. 4 May 2017 DMI NMPF Overview The rate of milk production growth began to moderate during the first quarter, but additional milk production continues

More information

Monitoring EU Agri-Food Trade: Development until October 2016

Monitoring EU Agri-Food Trade: Development until October 2016 Monitoring EU Agri-Food Trade: Development until October 2016 October 2016 EU agri-food exports stabilise at high level The monthly value of EU agri-food exports in October 2016 stabilised at EUR 11.4

More information

USDA Dairy Import License Circular for 2019

USDA Dairy Import License Circular for 2019 USDA Dairy Import License Circular for 2019 Commodity/Note Country Name TRQ Jan Feb Grand Total NonCheese 21,864,781 322,073 1,438,863 1,760,936 BUTTER (Note 6, G) 6,977,000 158,425 1,055,472 1,213,897

More information

Profit Maximizer. Pork Merchandiser s. - Foodservice Edition - December 11, 2017

Profit Maximizer. Pork Merchandiser s. - Foodservice Edition - December 11, 2017 Pork Merchandiser s Profit Maximizer - Foodservice Edition - 2017 The National Pork Board, Des Moines, IA 515-223-2600; Prepared by Steiner and Company, Manchester, NH 800-526-4612. December 11, 2017 October

More information

China Importing Record Levels of Soybeans

China Importing Record Levels of Soybeans United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 10-03 October 2003 China Importing Record Levels of Soybeans 25,000 20,000 1,000 MT 15,000 10,000 5,000 0 1997/98

More information

GLOBAL DAIRY UPDATE KEY DATES NOVEMBER Foodservice business tops $2 billion in revenue.

GLOBAL DAIRY UPDATE KEY DATES NOVEMBER Foodservice business tops $2 billion in revenue. NOVEMBER 2017 GLOBAL DAIRY UPDATE Strong growth in dairy imports continues in China and Asia. Middle East and Africa imports continue to soften. Foodservice business tops $2 billion in revenue. Further

More information

World vitiviniculture situation

World vitiviniculture situation World vitiviniculture situation Surface area Grape Wine Global grape production Production Consumption Trade 2016 FAO-OIV Focus: Table and Dried Grapes 2 Global area under vines Area under vines in the

More information

Coffee market ends 2016/17 coffee year in deficit for the third consecutive year

Coffee market ends 2016/17 coffee year in deficit for the third consecutive year Coffee market ends 2016/17 coffee year in deficit for the third consecutive year The ICO composite indicator continued its downward trend that started at the end of August, averaging 124.46 US cents/lb.

More information

Ceramic Sanitary Ware Produced by IAR Team Focus Technology Co., Ltd.

Ceramic Sanitary Ware Produced by IAR Team Focus Technology Co., Ltd. Ceramic Sanitary Ware 2013.04 Produced by IAR Team Focus Technology Co., Ltd. Contents 1. Chinese Ceramic Sanitary Ware Industry Exports Analysis...4 1.1. 2010-2012 Chinese Ceramic Sanitary Ware Export

More information

World Palm Oil Imports

World Palm Oil Imports United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 11-03 November 2003 World Palm Oil Imports 20,000 1,000 MT 15,000 10,000 5,000 0 1999/00 2000/01 2001/02 2002/03

More information

Dairy Market. May 2016

Dairy Market. May 2016 Dairy Market R E P O R T Volume 19 No. 5 May 2016 DMI NMPF Overview Increased production per cow and expectations for additional milk production growth is dampening the outlook for milk prices for the

More information

MONTHLY COFFEE MARKET REPORT

MONTHLY COFFEE MARKET REPORT E MONTHLY COFFEE MARKET REPORT May 2014 After five consecutive months of rising prices, the coffee market reversed lower in May. From a high of 179 cents/lb in April, the daily price of the ICO composite

More information

Record exports in coffee year 2017/18

Record exports in coffee year 2017/18 Record exports in coffee year 2017/18 Total coffee exports increased each year since 2010/11 with a new record reached in 2017/18 at 121.86 million bags, 2% higher than 2016/17. In the twelve months ending

More information

SINGAPORE. Summary Table: Import of Fresh fruits and Vegetables in Fresh fruit and Vegetables Market Value $000 Qty in Tons

SINGAPORE. Summary Table: Import of Fresh fruits and Vegetables in Fresh fruit and Vegetables Market Value $000 Qty in Tons SINGAPORE A. MARKET FOR FRESH FRUIT AND VEGETABLES 1. Market Trend and Opportunities Summary Table: Import of Fresh fruits and Vegetables in Fresh fruit and Vegetables Market Products/ Other Info. Product

More information

Revised World Coffee Production Forecast Remains on Track for Record 140

Revised World Coffee Production Forecast Remains on Track for Record 140 United States Department of Agriculture Foreign Agricultural Service Circular Series FTROP 4-8 December 28 Revised World Coffee Forecast Remains on Track for Record 14 12 Million 6 kilo bags 1 8 6 4 2

More information

Chinese Peanut Exports Hit Record High

Chinese Peanut Exports Hit Record High United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 04-03 April 2003 Chinese Peanut Exports Hit Record High 600 500,000 MT 400 China US 300 Vietnam Argentina 200 India

More information

MMT / / / / / /05* *Forecast. United States Department of Agriculture. Foreign Agricultural Service

MMT / / / / / /05* *Forecast. United States Department of Agriculture. Foreign Agricultural Service United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 12-04 December 2004 Brazilian Soybean Exports Revised Higher in 2003/04, Gain in U.S. Dominated Markets Brazil s

More information