Top Ten Coffee Consumers

-numbers in 1000 bags produced, each bag equals 60kg. 2010-2011 data courtesy of Bloomberg 1)  U.S.                22,043 2)  Brazil              19,573 3)  Germany             9,460 4)  Japan               7,015 5)  France              5,962 6)  Italy               5,689 7)  Russia              3,695 8)  Canada              3,574 9)  Ethiopia            3,383 10) Indonesia           3,333

Top Ten Coffee Producers

-numbers in 1000 bags produced, each bag equals 60kg. 2010-2011 data courtesy of Bloomberg TOTAL: 1)  Brazil           54,500 2)  Vietnam          18,725 3)  Colombia          9,500 4)  Indonesia         9,325 5)  India             5,100 6)  Ethiopia          4,400 7)  Honduras          4,000 8)  Peru              4,000 9)  Guatemala         3,910 10) Mexico            3,700   ARABICA BEANS: 1)  Brazil           41,800 2)  Colombia          9,500 3)  Ethiopia          [...]

TOP TEN COTTON PRODUCERS 2012

1. China 33.5 million bales   2.India 32.3 million bales   3.United States 16.0 million bales   4. Pakistan 10 million bales   5. Brazil 7.5 million bales   6. Uzbekistan 4.6 million bales   7. Australia 3.5 million bales   8. Turkey 2.8 million bales   9.Turkmenistan 1.6 million bales   10. Greece 1.4 [...]

Corn Jumps on Concerns Planting Will be Delayed

Corn prices jumped 6.2% today on concerns that cold wet weather in the U.S. Midwest would delay the planting of this year’s crop. Corn for May delivery, the front-month contract, climbed 40 cents, to settle at $6.84 a bushel at the Chicago Board of Trade. Today’s jump was the biggest percentage gain in almost 10 [...]

Latest Fertilizer Company Earnings Point to Improving Sector

Fertilizer companies are starting to report their latest Q1 results, with Dow Chemicals,  Potash Corporation of Saskatchewan and Bunge all releasing their latest results today. The Dow Chemical Company’s (DOW) Q1 results topped analysts’ estimates for earnings per share,  but revenues came in just below forecasts. While DOW’s sales fell 2% overall, agriculture science sales [...]

Corn Futures Rebound on Ethanol Demand – Precipitation Still a Concern

Corn futures rebounded today from their lowest price in almost 10 months following the release of a government report that showed U.S. production of ethanol is on the upswing. Corn futures for July delivery added 0.7% to close at $6.1825 a bushel. Corn prices have slid 11% this year on speculation that corn supplies will [...]

Grains Market Update: Soybeans at Multi-Week High; Corn and Wheat Trend Higher

With the metal’s markets taking all the attention this week, the grains have faded into the background. Here is an update of what has been moving these markets lately. Soybean Futures Soybean futures rose to a three-week high on Wednesday, as logistical challenges in South America may drive more purchases by China (the world’s top [...]

Cocoa Jumps to Four-Month High After Passing 200-Day Moving Average

Cocoa prices rallied to a four-month high today, while the European Cocoa Association released data that showed the processing of beans in Q1 were within expectations. Europe’s first quarter cocoa grindings fell 3.9% from the same period a year earlier to 339,377 tons, according to the Cocoa Association. The continent’s grindings data are used as [...]

World Sugar Trade at Record

Global sugar exports advanced to a record in  Q1, according to London-based Czarnikow Group Ltd., even while rains in Brazil delayed the start of harvesting. Global exports of raw sugar reached a record 7.2 million tons in the first quarter this year, up 20%  from the previous peak in 2010.” Rain this week will delay the [...]

Robusta Coffee Slides – Traders Wary of Well Supplied Market

coffee

Robusta coffee prices have slid to their lowest level in over a week, widening the discount between the May and July contracts on the NYSE Liffe. Robusta for earlier delivery, in May is now cheaper than delivery in July, a situation called contango which typically indicated a well-supplied market. Robusta futures for May are now [...]