DRY COMMODITY Trends

Farmer's Report

Dry Commodity Trends - May 7, 2021

Sugar

  • The Department of Commerce raised the Mexican Sugar import quota by 50K tons on Friday, April 30
  • Analysts expect high domestic Beet Sugar production in 2021

Dry Beans

  • The January 12 USDA report stated that demand for exports to Mexico is pushing prices for black and pinto beans higher
  • Concerns that dry weather in South America could affect yield are supporting dry bean prices

FLOUR

  • U.S. Wheat prices continued their recent rally this week
  • Dry conditions in the northern U.S. plains are threatening some varieties of wheat
  • Increasing corn prices are lending support to wheat as well

The data contained in the Farmer’s Report is provided for informational purposes only, is not tailored to your specific purchasing needs, and is not intended as a substitute for any other publicly-available market data or information. The Farmer’s Report is compiled from the last-received market data provided by the United States Department of Agriculture (USDA) and/or other market sources, and is subject to change without notice. Nothing herein is the opinion of US Foods®. US Foods neither assumes any legal liability nor makes any warranty or guaranty, either express or implied, regarding the completeness, accuracy or usefulness of this information.