US sugar industry examined
US department of agriculture sugar-market economist John Love has
predicted that producer prices for sugar for 2002/03 will be 5 per
cent higher than last year's.
UK sugar harvest imminent
British Sugar and the NFU have agreed the provisional factory
opening dates for this year's sugar harvest. Newark factory will
open on 12 September with the remaining five factories opening on
Two leading European food industry associations have named ADM
Cocoa's De Zaan cocoa liquor as the standard in joint research on
New ruling affecting sugar exports
A new ruling brought in this spring is beginning to affect exports
of quota sugar from Europe, according to an ODJ report.
Mauritius sugar exports down
The Mauritius Sugar Syndicate has reported that sugar exports in
May 2003 were significantly lower than exports in May 2002.
Cocoa driving Russian drinks market
Sales of cocoa drinks in Russia are set to expand rapidly, despite
the fact that many local producers still face quality issues.
Cocoa to bubble over?
Cocoa traders have predicted that cocoa prices are set to increase.
The price of the commodity has dropped by up to 40 per cent since
touching a 16-year high in October 2002.
Germany increases cocoa acquisitions
The German confectionery industry made significant cocoa and cocoa
butter purchases last week, according to Hamburg traders.
Cocoa butter replacer developed
Swedish vegetable oils supplier Karlshamns has come up with a cocoa
butter replacer with a low trans fatty acid content.
Sugar group posts profits
British sugar and sweetener group Tate & Lyle has reported an
18 per cent rise in annual profits.
Italy's sugar beet production in decline
ISMEA has estimated that Italy's 2003 sugar beet area will fall
nine per cent from 242,000 last year to 220,000 hectares this year.
US to aid Vietnam cocoa
Vietnam's burgeoning cocoa industry received a significant boost
last week after the US government confirmed it would provide $4
million (€3.4m) in development aid.
Germans cautious over cocoa
London cocoa prices hit a new 15-month low last week, encouraging
many German buyers to pull out of the market in the hope that
prices might fall further.
Vietnam increases cocoa production
Vietnam is halfway through its target of planting 500 hectares of
cocoa this year. The country, famed for its quality coffee
production, wants to become less reliant on one single cash crop.
Mexican sugar production picking up
Mexican sugar production has fallen slightly since last year,
according to figures released by the major cane workers' union.