US containerized exports rise on strong Asian agricultural products demand

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NEW JERSEY, USA (Commodity Online): Led by strong demand for agricultural products in Asia, U.S. containerized exports expanded 6.7 percent in the third quarter, according to figures released today by The Journal of Commerce/PIERS, leaving export volume from the United States up 8.3 percent through the first nine months of 2011. Westbound trans-Pacific trade for…


Red meat exports are on the rise

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BEEF and sheep meat exports have increased considerably in the first six months of the year, according to figures released by Hybu Cig Cymru (Meat Promotion Wales). During the January to June period, sheep meat exports from the UK increased by six per cent to 41,000 tons while beef exports rose by 39 per cent…


Exports up by 54 percent in farm sector

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Export turnover of agricultural, forestry and seafood products in the first nine months of the year is estimated to reach US$21.2 billion, up 54.1 percent over the same period last year, according to the Ministry of Agriculture and Rural Development. During the period, key agricultural products such as rice, coffee and rubber accounted for US$10.7…


Vietnam coffee exports may fall 23 percent in August, Marex says

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Coffee exports from Vietnam, the world’s largest producer of the robusta variety used in instant coffee, may have fallen 23 percent last month from the year earlier period, according to Marex Spectron Group. Bean shipments were estimated at 65,000 metric tons in August, down from 84,000 tons in the same period last year, the London-based…


Rice exports from Vietnam reach 5.32 million tons, group says

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Vietnam, the world’s second-largest rice exporter, shipped 5.32 million metric tons from the start of the year to Aug. 31, the Vietnam Food Association said. Shipments were 697,642 tons in August, the association said in a statement on its website Sept. 1. Vietnam may ship 7.3 million metric tons of rice in 2011, Vietnam’s agricultural…


Aussie wheat exports record will curb prices

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Market analysts predict that Australia will export a record amount of wheat in the coming year, helping to curb upward pressure in global prices. The Australian Bureau of Agricultural and Resource Economics and Sciences estimate that the country will export 20.4m tonnes in the year starting October 1, up 9.5pc from last year. Production was…


Pepper exports enjoy surging prices

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Viet Nam shipped 15,000 tonnes of pepper abroad in August, earning a turnover of US$91 million and boosting the total volume of exports to 98,000 tonnes in the first eight months of the year, announced the Ministry of Agriculture and Rural Development. The first eight months of exports marked a modest increase of 6.5 per…


Vietnam’s coffee exports estimated at US$2.1 bil in eight months

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Vietnam is expected to export 40,000 tonnes of coffee worth US$86 million in August, according to the Ministry of Agriculture and Rural Development (MARD). The figure will raise the total value of coffee exports in eight months to US$2.1 billion, up 72.2 percent compared to the same period last year. Currently, the domestic price of…


Vietnam’s August coffee exports drop 49% as stockpiles dwindle

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Coffee shipments from Vietnam, the world’s second-largest exporter after Brazil, may have fallen 49 percent to 40,000 metric tons in August from the year before after accelerating sales earlier in the year thinned stocks. The preliminary figures, which may be revised, compare with exports of 78,000 tons in August 2010 and 53,000 tons last month,…


Evening markets: US harvest, India exports weigh on grains

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Consumers had the rub of the cloth in grain markets on Thursday, although with a key US report due next week, traders were reluctant to mark down prices too far. One factor in buyers’ favour was India’s return to wheat exports, with the country permitting 2m tonnes of shipments from its huge supplies. (Although it…


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