Soft Commodities Market Insights and Forecasting
There are hardly any food products manufactured globally that do not involve the use of soft commodities, defined as sugar, coffee, coffee and molasses. The geographical distribution of surplus and deficit regions means that the value of international trade in softs accounts for a considerable share of the overall value of agriculture despite the comparably moderate tonnage this sector represents.
Facts about the global softs commodities market
- Coffee is the most valuable agricultural commodity as far as the international trade is concerned
- Brazil is the world’s largest grower and exporter of coffee by far with a market share of 33%.
- India replaced Brazil as the world’s largest producer of sugar in 2018/19.
- With the rise of ethanol demand as a clean fuel around the world, sugar prices have increasingly become a function of energy values as they a major feedstock to its production.
- While Ivory Coast and Ghana produce two thirds of the world’s cocoa, the Netherlands is the world’s biggest processing country of cocoa beans.
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Soft Food Commodities sectors
Molasses & Feed Ingredients
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The WASDE report could prove global and US supply and demand numbers to be market movers in the midst of volatility… https://t.co/DIKXe1g86u