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Morning round-up, Tuesday August 20

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* Dow Jones reported that a kilogramme of arabica coffee at Cameroon’s Douala port sold for 1,119 Central African francs ($1.89) this week, down 2.78% from the 1,151 Central African francs it sold for last week.


According to traders and exporters, the decline in prices is due abundant supplies of the crop in the country.

 

 

 

* Ukraine harvested around 3,000 tonnes of sunflower from around 2,000 hectares at the start of the 2019 season.

 

It plans to harvest 5.8m hectares this year, down from the 6.2m hectares harvest in 2018.

 

 


* Indonesian biodiesel exports for the first six months of the year dropped to 500,000 kilolitres from the 800,000 kilolitres exported last year during the same period.


The country’s Biofuel Producers Association said on Tuesday that the drop in exports was due to lower demand from Europe and China.

 

 

 

* Japan’s Ministry of Agriculture, Forestry and Fisheries reported that corn usage in animal feed in the country jumped to 49.2% in June compared with 48.5% for the same month in 2018.

 

 

 

* According to a Rabobank report, Australia’s grain-fed beef exports to China could triple by 2020.

 

Angus Gidley-Baird, the bank’s senior animal proteins analyst said that the limited growth in Chinese beef production will leave the door open for imports to meet the increased demand in the country.

 

 

 

* This year’s wheat harvest from Romania was barred from import in Algeria due to that country’s strict 0.1% limit on bug damage.


According to Reuters, the head of a large trading house in Romania commented that no wheat from the country would be able to meet this requirement as drought during the season had increased bug levels.

 

 

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