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Morning round-up, Wednesday February 12

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* Brazilian coffee exporters group, Cecafe said on Tuesday that exports in January dipped to 3.2m 60-kilogramme bags, down 7.2% from the same month a year earlier.

 

Sales of Arabica dropped 12.8% to 2.7m bags in the month.

 

Robusta exports were up 48.6% to 223,828 bags.

 

The group said that the drop in total exports for January was down to farmers running out of stock to meet demand.

 

 

* Russia’s Rusagro said on Wednesday that exporting Russian sugar was costly due to a lack of investment in the “logistics of ports”.

 

The farming company’s chief executive for its sugar division, Nikolay Zhirnov said that sugar exporters have to use the same infrastructure that is used for wheat and other grains, which often hampers operations.

 

 


* White House national security adviser, Robert O’Brien said on Tuesday that the outbreak of coronavirus in China could affect how big the Asian nation’s purchases of US agricultural products will be this year.

 

He told reporters that while the “phase one” trade deal requires China to buy more US agricultural products this year, coronavirus could impact how big those purchases will be.

 

According to the deal, which the two countries signed in January, China will increase its purchases of US agricultural products by $40bn over the next two years.

 

 


* According to customs data, the UK’s wheat exports for December were at 96,111 tonnes, up from November’s 71,463 tonnes.

 

The increase was mainly due to a large shipment to the US.

 

Exports to the EU dropped to 34,763 for the month.

 

Wheat exports so far for the 2019-20 season were at 841,414 tonnes, up from 176,114 tonnes in the same period last season.

 

 


* Russia’s agriculture ministry said on Tuesday that farmers will be sowing 2020 spring grains earlier than expected because of an unusually warm winter.

 

The ministry said that farmers in Russia’s Southern and North-Caucasus districts were planning to start sowing in the next few days.

 

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