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Showing research about Ags - Softs

20201202-coffee-global

JM Smucker’s coffee rush relies on supply chain stability

JM Smucker reported 3.9% year over year revenue growth in FQ2’21 (to Oct. 31) after the food and beverage manufacturer experienced 9.0% sales growth in coffee due to increased stay-at-home spending. The firm’s success has hinged on sourcing with CEO Mark Smucker stating “we have a very robust ... Read more →

20201002-palm-oil-wro

U.S. forced labor actions expanded to include palm oil imports

U.S. customs authorities have issued a Withhold Release Order to restrict imports of palm oil by FGV Holding in response to accusations of forced labor usage. FGV has stated it has “taken several steps to correct the situation”. The use of WROs is increasing with 12 orders issued in 2020, up f... Read more →

20200608-cargill-products

Cargill’s activity rises, supply chain turnover increases

Agricultural product trader Cargill is cutting back its reporting to an annual basis from quarterly, providing an information gap for decision makers looking at the firm and its publicly-traded competitors such as ADM and Bunge. Panjiva’s global shipping data can provide deep insights into Car... Read more →

20200603-coffee-global

JDE Peet’s Brazilian coffee shipments perk up ahead of IPO

JDE Peet’s initial public offering of shares comes as the coffee producer and retailer faces a challenging market for food service supplies in the wake of COVID-19 as well as falling coffee prices. The latter have dropped by 24.3% year to date while global coffee exports fell by 1.4% year over... Read more →

20200505-coffee-global

Nestlé, J.M. Smucker Mexican coffee exports grind downwards

Global coffee exports cooled in March with a 3.7% year over year decline in supplies reversing a 0.1% rise in the prior three months. That was largely due to a 20.9% drop in exports from Colombia as well as a 9.1% drop in shipments from Mexico. Mexican exports have steadily declined over the p... Read more →

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