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- Here are the top articles from past week.
Temperatures in the Red River Valley Remain Too Warm for American Growers to Harvest Beet
AGWEEK | 4th October 2021
American Crystal Sugar had originally planned to launch the stockpile harvest on Friday, Oct. 1. However, daytime temperatures on Friday were in the upper 70s, so plans were pushed ahead to Monday, Oct. 4, in hopes temperatures would cool by then. However, daytime highs on Monday were even warmer, reaching into the low 80s, so the stockpile harvest once more was delayed. The warm temperatures have resulted in sugar beet root temperatures in the mid-to upper 50s, which is higher than they need to be to safely store the sugar beets.
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Swiss Crop Production Hit by Bad Weather
KFGO | 5th October 2021
Swiss agricultural output is expected to fall 6.6% this year due to bad weather conditions. Total output has fallen while production costs have increased. A cold and frosty spring followed by hail and an extremely rainy summer had a severe impact on crop production, leading to a 9.0% fall in its production value to an estimated 3.8 billion Swiss francs ($4.10 billion.
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Global Sugar Supply to Improve as Output Rises in Asia and Europe
Business Recorder | 5th October 2021
The world’s sugar supply balance is expected to improve by nearly 12% in 2021/22 (Oct-Sept) to 17.2 million tonnes. However, the season will still see demand surpassing production for the third consecutive year, projecting a supply deficit of 800,000 tonnes in 2021/22 compared to a deficit of 2.9 million tonnes in 2020/21, meaning stocks will continue to decrease.
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Brazil’s Sugar Production Seen Below 33mmt Next Season
Nasdaq | 5th October 2021
Sugar production in Brazil’s centre-south (CS) will recover only slightly next season to 32.9 million tonnes from 32.5 million tonnes in the current, drought-hit crop. Sugarcane crush in 2022/23 (April-March) should reach 540 million tonnes if rains return to normal in the first quarter of next year, an amount that is only 20 million tonnes higher than in the current season.
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Experts Raise Food Security Concerns Amid India’s Push for Ethanol Production
The Plunge Daily | 6th October 2021
India’s ambitious 2025 ethanol roadmap has drawn criticism from experts who warn it could undermine food security in the country. The roadmap largely abandons a focus on second-generation biofuels, in favor of using maize, rice, sugarcane and other food crops as feed stocks for ethanol production. As such, concerns have been raised that this is resulting in the diversion of food grains meant for the poor to companies at subsidized rates.
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Ethanol Group Asks US Supreme Court to Look at E15 Decision
AGWEEK | 5th October 2021
The ethanol group Growth Energy has filed a petition asking the U.S. Supreme Court to review a ruling that vacated a 2019 EPA rule allowing year-round sales of E15 ethanol. Growth Energy said it argues that the decision did not give proper deference to EPA, contradicted the intent of promoting renewable fuels. The group also says the decision will suppress the expansion of higher-blend renewable fuels in the future.
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Here’s Why Methanol Could Be a Cheaper Fuel for India
MSN | 4th October 2021
The Indian government plans to mandate automakers to power vehicles with flex engines in the coming months. Flex fuel vehicles run on a blend of petrol and ethanol or pure ethanol. Methanol is the cheapest alternative fuel, compared to ethanol and petrol (gasoline). On an energy equivalent basis, 1.28 litres of methanol will cost Rs 25 to replace a litre of ethanol.
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Corn Drops Amid Stronger Dollar and Weaker Energy
Morning Star | 6th October 2021
Corn for December delivery fell 1% to $5.32 1/4 a bushel on the Chicago Board of Trade Wednesday. Soybeans for November delivery fell 0.7% to $12.42 a bushel, while wheat for December delivery rose 0.2% to $7.46 a bushel.
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Corn Down for Third Session as US Harvest Progress Weighs
Nasdaq | 6th October 2021
U.S. corn futures fell for a third straight session on Wednesday as farmers rapidly advanced harvesting in the United States and added to global supplies which are already ample. The most-active corn contract on the Chicago Board of Trade (CBOT) Cv1 slid 0.1% to $5.37 a bushel, as of 0348 GMT, having closed down 0.6% in the previous session. Soybeans Sv1 were down 0.1% at $12.49-3/4 a bushel and wheat Wv1 climbed 0.5% to $7.48-1/2 a bushel.
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Soybeans Drop to Nine-Month Low on Higher US Inventories
Nasdaq | 4th October 2021
Chicago soybean futures slid for a third consecutive session on Monday to hit their lowest in more than nine months as higher U.S. stocks weighed on the market. The most-active soybean contract on the Chicago Board of Trade (CBOT) Sv1 lost 0.7% to $12.37-1/4 a bushel, as of 0450 GMT, after dropping earlier in the session to $12.35 a bushel, the lowest since late December.
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A French Company is Using Enzymes to Recycle One of The Most Common Single-Use Plastics
MIT Technology Review | 6th October 2021
Carbios, a French startup, opened a demonstration plant in central France where it will use enzymes to recycle PET, one of the most common single-use plastics and the material used to make most beverage bottles. Carbios’s new reactor measures 20 cubic meters—around the size of a cargo van. It can hold two metric tons of plastic, or the equivalent of about 100,000 ground-up bottles at a time, and break it down into the building blocks of PET—ethylene glycol and terephthalic acid—in 10 to 16 hours.
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Alpla Acquires German PET Recycler
MACPLAS | 6th October 2021
The global packaging solutions and recycling specialist, the Alpla Group, is acquiring BTB PET-Recycling based in Bad Salzuflen (Germany). In acquiring BTB PET-Recycling, Alpla is investing in further developing the region’s recycling loop. The company processes used PET beverage bottles sourced from Germany’s reverse vending system and turns them into food-grade rPET pellets which are then primarily used for the manufacture of new preforms for PET bottles, including beverage bottles.
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‘Drink Without Waste’ Recycling Programme Collects More Than 1,000 Tonnes of Plastic Bottles
YP | 5th October 2021
The Neighbourhood Bottle Reward Scheme paid people five cents for each bottle they deposited into machines around Hong Kong. Drink Without Waste received HK$5.6 million from the government to run the scheme, which ended last month. The group has received and recycled 40 million bottles, weighing in at 1,030 tonnes – double its target.
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British Dairy Farmers Forced to Destroy Thousands of Litres of Milk
RTE | 6th October 2021
Some British dairy farmers have been forced to destroy tens of thousands of litres of milk due to rising costs, labour shortages and an acute deficit of truck drivers which has strained supply chains to breaking point. The UK produced 15.3 billion litres of milk last year so supplies are not yet threatened, though the destruction of milk shows the extent of the labour problems which are straining supply chains across the land.
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China’s Milk Boom Could Be Bad News For New Zealand Farmers
Rural News Group | 6th October 2021
Milk production in China is booming and this could be bad news for New Zealand farmers. Dairy exports to China remain at record levels and this is keeping the farmgate milk price strong. However, things are likely to change in the coming months. As a result, Rabobank has dropped its forecast farmgate price for this season by 20c to $7.80/ kgMS.
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Canada’s Agropur to Build New Dairy Facility in US
Just Food | 5th October 2021
Canadian dairy cooperative Agropur is to build a new facility in the US, next to an existing plant at Little Chute, Wisconsin, at a cost of US$168m. Agropur said the new facility will help to meet growing market demand and significantly increase its production of cheese and dairy ingredients.
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Other Opinions You Might Be Interested In…
- October Trade Flows: Excess Raw Sugar
- China’s Energy Crisis Shakes PET Market
- Ask the Analyst: Sugar Production and Consumption in 2021/22
