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On Friday, we released our August 16th market report. See the summary below and reach out to info@jhelton.com if you are interested in receiving the full report. Pepper The standoff continues. Brazilian offers are rare even as the Belem crop is coming in and Vietnam is monitoring the situation. The few U.S. buyers willing to step in are targeting aggressive levels, but with origin quantities limited most shippers are unwilling to accept those bids. Common wisdom is that when the absent players return - those on holiday and Chinese dealers are most commonly referenced - the limited stocks should trigger quick volatility. It is clear that there is coverage to be done - when interest resumes it should be substantial. It is an interesting moment. Other Spices ANNATTO offers remain limited and firm; Peru is not yet offering new crop and inventories from last season are being picked up quickly when offered. Finland is now cautiously selling new crop CARAWAY. The CARDAMOM market is drifting with limited activity despite underlying strong fundamentals. Egyptian DILL WEED will be available earlier in the last quarter because of the new farm initiatives. Turkish OREGANO prices are firm because of a reduction in production this season; Mexico is now offering new crop at strong levels. New crop PIMENTO is available and asking levels are widely varied from different sellers. There is still a long time before new Indian TURMERIC is harvested and buyers are extending coverage in light of thin inventories.

On Friday, we released our December 8th market report. See the summary below, and reach out to info@jhelton.com if you are interested in receiving the full report. Pepper The market strengthened further. Vietnam is now widely reporting the crop will be late - as well as being smaller than recent harvests. To date their exports this season have exceeded production. There continues to be good interest for Brazil where producing areas are going through a drought making producers reluctant to sell inventories and driving internal speculation. Also shipments from Villa do Conde in the north are delayed as the water levels are too low to allow vessels to navigate. Vietnam's WHITE levels surged; Indonesia also, but not as much. Other Spices It remains uncertain how much lower the Guatemalan CARDAMOM crop will be but harvest was delayed a month; early pickings have been disappointing and now Middle East demand has picked up - stocks need to be covered for Ramadan. CUMIN continues to sag in India. Nigerian GINGER sellers remain mostly absent; India is offering new crop at competitive levels. Turkey has too much OREGANO that cannot be shipped to Europe because of PA - their Government is considering rigid regulations which could undermine this industry if advances on the problem do not happen. POPPY prices are steadily advancing. FDA's concerns about Spanish SAFFRON are still unclear; suppliers are searching for a better understanding.

Our latest update on the #coffeemarket is out now!   📈 Our analysis covers key market factors, including weather conditions, supply issues, the macroeconomic environment, shifting market perceptions and demand trends.   ☀ Abnormally high temperatures and insufficient rain are impacting crop yields. How much will these conditions impact production levels and prices for the current and upcoming crops for Arabica, Robusta, and Conillon?   🌱 Get insights on the #coffee market's volatility and our longer-term forecasts. Read the full complimentary report here: https://lnkd.in/eQdm_D9r Daria Efanova #marketanalysis

Read our latest Market Update here! 👇 The Arabica coffee market began the week surging, posting three-week highs on renewed speculative buying. Arabica is being supported by Robusta again, as early reports of Brazil's Conilon crop indicate lower-than-expected yields. Later in the week, overbought conditions and firm resistance at the 220 level stymied further advances. After a recent farm tour in Northern Vietnam, Sucafina's weather analysts have come away with three main takeaways for the Robusta crop outlook: - The monsoon season has started, and continued drought conditions are not expected. - Some irreversible damage to the trees was observed, but it was not significant enough to greatly reduce the next harvest. - Favorable weather going forward will help solidify yields in most coffee-growing areas. The USDA published preliminary new crop estimates for the following countries, all fairly consistent with the previous crop cycle: - Colombia 2024/25, 12.4M bags - Honduras 2024/25, 5.5M bags - Mexico 2024/25, 3.9M bags - Nicaragua 2024/25, 2.6M bags According to Wells Fargo's Economic Outlook, the global economy faces a myriad of challenges; however, global economic growth remains resilient. The composition of global growth is starting to change as the U.S. economy shows clearer signs of deceleration, while major international economies are recovering. A volatile week saw prices reach recent highs, gaining 9.24% and settling at 218.25.

Check our latest #coffeemarket update

On Friday, we released our April 26th market report. See the summary below and reach out to info@jhelton.com if you are interested in receiving the full report. Pepper The market rose rapidly during the ASTA meetings in AZ with internal speculation in Vietnam, a weaker Dong, and higher ocean freights. It corrected momentarily early this week and quickly stabilized before VN closed for their 5 day Reunification/Labor Day break. Exporters there insist that come May, we are heading UP. Brazilian sellers remain scarce and most only want to offer for nearby/prompt.  Other Spices Egyptian new crop ANISE offers are down from last year's levels. CILANTRO spot stocks are limited. Madagascar CLOVES are easing. Spot CUMIN is also tight; material arriving in a few weeks is discounted. DILL WEED is another item where quantities for quick pickup are thin. Egypt is now offering FENNEL at levels that compete with India's market. There are very competitive stocks of Malaysian MSG on spot. MUSTARD levels have backed down, but new crop offers are not discounted. New crop PIMENTO is not yet offered. Dutch POPPY forward offers are competitive. Indian SESAME is available at pricing which is near bottom levels over the last few years. Bright yellow TURMERIC firmed still more. 

On Friday, we released our March 15th market report. See the summary below and reach out to info@jhelton.com if you are interested in receiving the full report. Pepper For BLACK, while there is a slight pause in the Vietnamese strength, the trend remains strong. Their coffee market has risen more and faster than pepper, adding to the bullish sentiment. Intrepid sellers who were willing to sell later positions, even at a premium, are disappearing. Farmers will hold stocks as their pockets are full. The most competitive offers, although not abundant, are from resellers taking profits. Regarding WHITE, we are in an unusual moment where Indonesia berries can be bought below Vietnamese levels. Other Spices The dramatic adjustment of the Egyptian Pound last weekend should ease prices from there, but the internal market reaction has already offset the change. For the moment the best opportunity is with Egyptian herbs; seeds become more available in 2-4 weeks and could then provide better opportunities. Buyers are anxiously awaiting new crop Guatemalan ANNATTO offers as availability from origins is extremely limited and U.S. spot stocks are thin. Canada is running out of CARAWAY. In the middle of Ramadan the CARDAMOM market is inactive. New crop Indian CUMIN is arriving; IPM compliant and conventional markets are polar in their prospects. Chinese GARLIC still is quite strong, as is the world GINGER market. Czech inventories of POPPY are largely depleted earlier in the season than is typical.

Dried figs: With daytime temperatures expected to be well over 40°C in Aydin by the end of this week, it is increasingly likely that many fruits will be harvested around one to two weeks earlier than usual this year. This includes figs. The crop has developed well so far, but market players remain cautious, as an unfavourable change in the weather could reverse the situation. https://lnkd.in/gggys26b

🌾 Global Wheat Market Trends for 2024: Navigating Challenges and Opportunities 🌍 As we advance through 2024, the global wheat market is encountering pivotal shifts that are reshaping its landscape. Wheat, a fundamental crop for global food security, is influenced by a complex interplay of factors impacting production, trade, and prices. 📊 Demand Dynamics: With the world’s population continuing to grow, the demand for wheat remains robust, driven by its essential role in food products like bread and pasta. Emerging markets, especially in Asia and Africa, are seeing increased consumption, which fuels global demand. 🌦️ Production Pressures: Climate change is a significant challenge, with erratic weather patterns and extreme events affecting wheat yields. Droughts in key growing regions and shifting growing seasons are contributing to production uncertainties. Additionally, geopolitical tensions and trade policies are influencing global supply chains and market stability. 🔬 Innovation and Sustainability: The adoption of advanced agricultural technologies and sustainable farming practices is becoming crucial. Breeding resilient wheat varieties and improving soil health are key strategies to mitigate environmental impacts and ensure long-term productivity. 🌍 Trade and Policy Influences: International trade policies and tariffs continue to play a critical role in shaping global wheat markets. As countries navigate these complexities, the interplay between domestic policies and global trade dynamics will be key in determining market outcomes. As we reflect on these trends, a crucial question arises: How will evolving environmental challenges and global trade dynamics impact the wheat market’s stability and growth prospects in 2024 and beyond? 🌱 #WheatMarket #Agriculture #GlobalTrends #Sustainability #FoodSecurity #MarketInsights

Last year proved to be a significant and dynamic period for onion growers and industry stakeholders worldwide. Here is a synopsis of the global production and prices of onions, as reported by Fresh Plaza: -North America: Onion prices are strong due to shifting sourcing regions. While supply remains good across sizes and colors, there is a tighter supply of white onions and larger yellow onions, particularly in Washington. -China: Onion prices have remained unusually high since last October, reaching levels not seen in two decades. Adverse weather has affected quality, deterring buyers despite high prices. -Philippines: Due to depleted stocks, the Department of Agriculture has approved the import of 16,000 metric tons of yellow onions to stabilize the supply. -South Africa: Onion prices are on a downward trend, continuing from last season. The market is expected to follow a similar pattern, with prices potentially falling further. -Egypt: Increased onion production by one million tons compared to last season has led to a surplus, causing prices to drop by half compared to the previous season. -Italy: The onion market is mixed due to weather conditions causing 'patchy' damage. There are regions with good quality yields and others with poor yields and storage issues. -Germany: The onion market faces quality problems due to disease pressure. Prices are below last year’s levels. -Austria: The onion market remains stable with increasing export demand from South-East and Eastern Europe. -Netherlands: The onion market lacks positive sentiment, with prices dropping significantly. There is ample supply, but weak export demand is affecting the market. -Israel: The main onion harvest has started with higher prices due to reduced volumes from the last crop and a preference for storing onions. -France: Onion quality is affected by disease due to bad weather, leading to smaller sizes and significantly lower prices over the last few months. -Spain: The country is recovering from a "perfect storm" with dramatically low onion prices caused by a surplus in both Spanish and European markets. The situation is starting to stabilize with prices showing a tendency to rise. Stay informed about the global onion market trends and how they could impact your business! 🌍🌱 #OnionMarket #GlobalAgriculture #IndustryInsightsSanghar Exports