Weekly National Molasses Report

SPRINGFIELD - Feb 3/03 - SNS -- The USDA released its latest weekly national report covering the sugarcane molasses market in that country. The report covers both cane blackstrap and feed grade merchandise

National Molasses Report

Prices for sugarcane molasses were unchanged. Domestic supplies were moderate 
to heavy and demand was light to moderate. There has been a seasonal increase 
in demand but the supplies are more than adequate for the increased usage. 
The Florida and Texas grind season will continue through March.

Feed Molasses (minimum 79.5 brix, 43% sugars, except where noted) wholesale 
prices, tank car or truck, fob terminal, prompt delivery, dollars/ton, 1/

Type and Market Area       As of Noon:      Last Week         Last Year
                           02/03/2003       01/27/2003        02/04/02
Cane Blackstrap                                                         
 New Orleans               60.00            60.00             70.00-75.00
										  mostly 70.00
 Houston                   65.00            65.00             75.00
 South Florida             67.50            67.50             80.00
 Savannah (46% Sugars)     82.00            82.00             87.50
 Baltimore/Philadelphia    82.50            82.50             95.00
 Upper Mississippi River
   Distribution Points*    80.00-85.00      80.00-85.00       90.00
 Los Angeles (48% Sugars)  80.00            80.00             92.50
 Stockton (48% Sugars)     80.00            80.00             92.50

1/ Per ton prices are based on 171 gallons for blackstrap molasses. To
compute cents per gallon prices on cane molasses divide dollars per ton by
171 gallons ($ per ton divided by 171 gallons = cents per gallon). Ton- 
2,000 lbs; Gallon= U.S. gallon.
**Prices represent sales fob terminal to the general feed trade in the 
respective areas but do not necessarily reflect sales to other trade
areas.*** Includes the major Upper Mississippi river tributaries with the 
exception of the Missouri River.

Source:  USDA-IL Dept of Ag Market News Springfield, IL 217-782-4925 

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STAT News Service

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