Ilena

Good morning from rainy NYC, where you can wake up with a latte that costs more than $9. #Coffee is getting pricier all over the world. Here’s why, & what companies are doing about it. ☕️🎁🔗: bloomberg.com/news/articles/… via @business @BNCommodities

The US and Canada have been fighting over lumber since the 1980s and now they are back at it again. @ilenapeng explains how this time around it could potentially drive up housing prices bloom.bg/4mckLGm

"In the first half of the year, small-business bankruptcies filed by farmers and fisherman hit the highest number since 2020." @ilenapeng

American cane-sweetened Cokes are on the way, risking a boost in demand for a type of sugar US farmers can’t fully supply and is critically vulnerable to Trump-era tariffs bloomberg.com/news/articles/…

Canada has long resisted changing its trade practices on lumber. But as the Trump administration has become more bellicose about its trade relationship with Canada, the country’s stance may be softening. Here's what to know bloomberg.com/news/articles/…

Hawaii is the only US state where #coffee & #cocoa can grow. But farmers there too are seeing few upsides to Trump’s tariffs on major exporters like Brazil, as higher prices risk lower demand across the board. 🌴🔗: bloomberg.com/news/articles/… via @business

Chocolate makers were already grappling with record prices for cocoa butter, which provides that melt-in-your-mouth feel. Now they are also paying up for the powder that lends their product its color and taste bloomberg.com/news/articles/…

#Cocoa prices, while still high, have cooled from records. But chocolatiers and food companies aren't in the clear yet, as prices surge for the typically cheap powder that lends chocolate and brownies their rich color and taste. 🍫🔗: bloomberg.com/news/articles/… via @business

Good read from @ilenapeng: (Bloomberg) -- The Trump administration is tightening its grip on foreign ownership of farmland amid continuing concerns over Chinese investment in America’s heartland. China held lightly less than 1% of foreign-held acres as of 2023.

The Trump administration is tightening its grip on foreign ownership of farmland amid continuing concerns over Chinese investment in America’s heartland bloomberg.com/news/articles/…

More than 40 million people relied on SNAP food assistance in 2024. Many are in red districts represented by legislators who support gutting the aid bloomberg.com/news/articles/…

Demand for Instagram-friendly pistachio nuts have driven up margins for farmers, who are preparing for a bumper crop this fall. @ilenapeng explains why pistachios in all forms are having a moment bloom.bg/4eNnYtz

Pistachios are everywhere! 1.5 years in, the viral Dubai Chocolate phenomenon is still going strong. US nut growers need that to continue, especially with a record harvest expected to start later this year. 💚🔗: bloomberg.com/news/articles/… w/ @sunny_newsiee via @BW @business

Demand for the Instagram-friendly nuts have driven up margins for farmers, who are preparing for a bumper crop this fall bloomberg.com/news/articles/…

Tomorrow, the University of Michigan's final June reading of its US consumer sentiment index is going to land. What do you think it is going to show? bloomberg.com/news/features/…

Global Food Companies Are Struggling to Deliver Methane Progress bloomberg.com/news/videos/20…

The Trump administration is proposing oil refiners blend more biofuels into gasoline and diesel next year while seeking to discourage the use of imported supplies bloomberg.com/news/articles/…

Florida is expecting its worst orange crop in nearly a century. But thanks to the flavor and fragrance industry, your OJ won’t suffer bloomberg.com/news/articles/…

Flavors are playing an even bigger role in the #orange juice supply chain, as trees hit by the citrus greening disease yield fewer — and more bitter — fruits. 🍊🔗: bloomberg.com/news/articles/… via @business

Farmers Press Trump for #Biofuels Boost to Counter Tariff Losses #soy #corn via ⁦@KimChipman1⁩ ⁦@Alicia_Diaz23⁩ ⁦@ailworth⁩ ⁦@ilenapeng⁩ ⁦@mhirtz⁩ bloomberg.com/news/articles/…

The #Sugar Industry Had Dodged RFK Jr.’s Health Drive — Until Now via ⁦@ilenapeng⁩ ⁦@wkubz⁩ bloomberg.com/news/articles/…