Spices, Sugar and Condiment market news for Dec 2008 ICO Coffee Price UpdateLONDON - Dec 1 - SNS -- International coffee markets finished the previous day's trading mostly firmer, judging from the latest indicative market values from the International Coffee Organization. . . . Continue or visitors click here 29.8 Million Ton Cane CropWASHINGTON - Dec 11/08 - SNS -- Production of sugarcane for sugar and seed in 2008 is forecast at 29.8 million tons, of which 28.4 million tons is expected to be for sugar and 1.45 million tons for seed, according to the latest USDA crop production estimates. . . . Continue or visitors click here U.S. Coffee Production DropsWASHINGTON - Dec 11/08 - SNS -- Hawaii coffee production is estimated at 7.30 million pounds (parchment basis) for the 2008-09 season, down 3% from the previous season, according to the latest USDA crop production estimates. . . . Continue or visitors click here Lower Sugar Use ForecastWASHINGTON - Dec 11/08 - SNS -- Opening supplies of sugar in the United States are lower than thought, but this will not prevent an increase in ending stocks, according to forecasts from the USDA's World Agricultural Outlook Board. . . . Continue or visitors click here
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