Global Demand for Cocoa BeansWednesday, May 28, 2014 It is estimated that in Asia alone demand for the grain will increase between 5% and 9% in the next four to five years, opening up opportunities for high quality cocoa for america producers. Encouraged by the deficit of about 175,000 tonnes in the last world harvest, the return of traditional consumers in Europe and the United States and increasing consumption in emerging countries, cocoa prices rose by 25% in 2013 and continued to rise in early 2014, reaching a cost per ton of £1,900 ($3.200 U.S. dollars) in London and more than $3,000 in New York. Asia Dominates in Coffee AuctionsWednesday, October 29, 2014 European and American companies who buy specialty coffee in electronic auctions are losing ground to Asian buyers, who in auctions for top grains from markets such as Costa Rica and Guatemala, are pushing up prices to record levels. Strong growth in coffee consumption in countries such as South Korea and Japan, coupled with the large purchasing power of its inhabitants has boosted demand for gourmet coffee and other special varieties. Sugar: International Price Continues to DeclineTuesday, February 24, 2015 Subsidies on exports to India and improvement in the competitiveness of Brazilian sugar, caused by devaluation of the real, explain part of the decline in international coffee prices. The union of sugar producers in Honduras states that the country currently loses between $25 and $40 per hundredweight exported to the international market, on average a total of $40 million. Banana Price Faces Downward PressureThursday, November 12, 2020 Since 2018, the price of the banana box that Costa Rican producers sell to the German supermarket chain ALDI is falling, there is concern that other European chains will begin to negotiate lower prices. Representatives of the National Banana Corporation of Costa Rica (Corbana) explained that in 2018 the 18.14 kilo banana box sold to ALDI was quoted at 13.55 Euros. Food: Global Prices as of September 2020Thursday, October 8, 2020 In September, price increases were more pronounced for vegetable oils and cereals, and for dairy products prices remained stable, while sugar and meat prices fell from their August levels. The United Nations Food and Agriculture Organization (FAO) reported that in September 2020 the food price index averaged 97.9 points, i.e., 2% more than in August and already 4.6% above its value a year ago. Food: Global Prices up to June 2018Friday, July 20, 2018 The FAO food price index registered an interannual decrease of close to 1%, due to weakening in most markets, as a result of tensions in international trade relations. From the monthly FAO report: Food: Global Prices up to September 2019Monday, October 7, 2019 In the ninth month of the year, the FAO food price index increased by 3% compared to September 2018, explained by the rise in the prices of sugar, meat, dairy products and vegetable oils. From FAO's monthly report: Milk Prices Up Due to Asian DemandMonday, January 13, 2014 Increased demand from countries such as China has raised prices globally and creates opportunities for dairy exporters in the region. By 2014 world supply may not be sufficient to meet demand and therefore prices will increase. Rice: International Report up to September 9thTuesday, September 9, 2014 The government of Honduras has authorized the import of 25,126 metric tons of rice in order to avoid a shortage in the supply of grain in the local market. "...After arduous deliberation, Honduras has authorized the importation of 25,126 metric tons of rice so as not to be at risk of a shortage of the grain. Although the initial request was to import a total of 30 tons, the tripartite commission only authorized the importation of 25,126 metric tons of grain. " Food: Global Prices up to February 2018Monday, March 5, 2018 In February, the FAO food price index fell by almost 3% in year-on-year terms, due to a drop in prices of sugar and vegetable oils. From the monthly report on the FAO food price index: Food: Global Prices up to May 2018Friday, June 8, 2018 The FAO food price index grew 1.9% year-on-year, due to the increase in prices of dairy products and cereals. From the monthly report on the FAO food price index: Food: Global Prices up to January 2019Thursday, February 7, 2019 In the first month of the year, the FAO food price index fell 2% from January 2018, because of the decline in the prices of meat, vegetable oils and sugar. From FAO's monthly report: Food: Global Prices up to May 2019Thursday, June 6, 2019 In the fifth month of the year, the FAO food price index fell 2% over the same month in 2018, explained by the decline in prices of cereals and vegetable oils. From the FAO monthly report: Food: Global Prices up to October 2019Thursday, November 7, 2019 In the tenth month of the year, the FAO food price index rose 6% from October 2018, explained by rising prices of sugar, meat, dairy products and vegetable oils. From FAO's monthly report: Food: Global prices up to November 2019Thursday, December 5, 2019 Last month FAO's food price index rose 10% from November 2018, explained by rising prices of meat, dairy products and vegetable oils. From FAO's monthly report: |
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