Ilena

Trump Tariffs Spell Trouble for Hawaii’s Few Coffee Farmers Hawaiian coffee farmers have a message for President Donald Trump: Steep tariffs on major exporters such as Brazil will end up hurting them, too.

Growers fear that rising coffee prices will hit consumers already struggling with inflation, curbing demand on everything from popular everyday roasts available at grocery stores to luxury Kona beans.

Chocolate Makers Burned Again as Shortages Hit Cocoa Powder 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 ...

#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.

🍫🔗: www.bloomberg.com/news/article... via @bloomberg.com

Pistachios Are Everywhere Right Now, Not Just in Dubai Chocolate Demand for the Instagram-friendly nuts have driven up margins for farmers, who are preparing for a bumper crop this fall.

Pistachios are everywhere! A year and a half 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.

💚🔗: www.bloomberg.com/news/article... via @bloomberg.com

Pistachios Are Everywhere Right Now, Not Just in Dubai Chocolate Demand for the Instagram-friendly nuts have driven up margins for farmers, who are preparing for a bumper crop this fall.

Demand for the Instagram-friendly nuts have driven up margins for farmers, who are preparing for a bumper crop this fall.

We at @bloomberg.com just launched Business of #Food, a weekly newsletter focused on how the world feeds itself.

Sign up here: www.bloomberg.com/account/news... #BusinessofFood

Global Food Companies Are Struggling to Deliver Methane Progress In 2023, some of the world’s largest food companies made a pledge to slash methane emissions. They promised to publish data and action plans by the end of 2024. Here's why Starbucks, General Mills and others are struggling to address the potent emissions in their supply chains. (Source: Bloomberg)

In 2023, some of the world’s largest food companies made a pledge to slash methane emissions. They promised to publish data and action plans by the end of 2024.

Here's why Starbucks, General Mills and others are struggling to address the potent emissions in their supply chains.

Your Orange Juice Will Soon Have Even Less Real Orange In It As orange supplies suffer from greening disease, the flavor and fragrance industry is developing workarounds to keep the taste of bottled juice consistent.

Soon, your morning glass of OJ will have even less fruit in it as Florida expects its worst orange harvest in nearly a century

Your Orange Juice Will Soon Have Even Less Real Orange In It As orange supplies suffer from greening disease, the flavor and fragrance industry is developing workarounds to keep the taste of bottled juice consistent.

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.

🍊🔗: www.bloomberg.com/news/article... w/ editing by @silviakillings.bsky.social via @bloomberg.com

RFK Jr.'s Quest to Make Americans Eat Healthier Will Be Costly Ultra-processed foods have made US diets among the least expensive — and the most unhealthy — in the world. The health secretary wants to change that.

The MAHA Commission report is coming soon. ICYMI, my colleagues and I last week unpacked some of the key changes RFK Jr. has previously talked about & how they would shape the US food system.

🎁🔗: www.bloomberg.com/news/feature... w/ @deenashanker.bsky.social & Agnieszka De Sousa via @bloomberg.com

The Sugar Industry Had Dodged RFK Jr.’s Health Drive — Until Now Sugar producers thought they had escaped Robert F. Kennedy Jr.’s Make America Healthy Again agenda.

Health secretary RFK Jr. called sugar "poison" in late April, putting the sugar and sweets industries on alert at conferences in NY and Indianapolis last week.

🍭🎁🔗: www.bloomberg.com/news/article... with @kubz.bsky.social via @bloomberg.com

RFK Jr.'s Quest to Make Americans Eat Healthier Will Be Costly Ultra-processed foods have made US diets among the least expensive — and the most unhealthy — in the world. The health secretary wants to change that.

Switching from seed oils to beef fat is a MAHA-approved move, but costs double. Great look from @deenashanker.bsky.social @ilenapeng.bsky.social & Agnieszka De Sousa at how expensive it will be for the food industry to switch to organic foods, natural dyes, & more: www.bloomberg.com/news/feature...

RFK Jr.'s Quest to Make Americans Eat Healthier Will Be Costly Ultra-processed foods have made US diets among the least expensive — and the most unhealthy — in the world. The health secretary wants to change that.

Many of RFK Jr's policies and ideas for food are widely supported in the nutrition community. Some are not. Either way, they would drive up prices. My latest with my colleagues @ilenapeng.bsky.social and Agnieszka De Sousa.

www.bloomberg.com/news/feature...

Egg Prices Hit Record as Retailers Keep Costs High on Supply Fears US inflation may have cooled last month but egg prices are still stubbornly high, and there’s no immediate prospect of relief thanks to bird flu and tariffs.

Egg prices hit a new record of $6.227 per dozen in the March Consumer Price Index report that came out today. Here's why & what might come next, especially as Easter approaches.

🍳🎁🔗: www.bloomberg.com/news/article... via @bloomberg.com

US Solar’s Hoarding Habit Will Help Blunt Sting From Trump Tariffs The US has imported about 80% of modules from four Southeast Asian countries that face big new levies.

☀️My colleagues Josh Saul, @jendlouhy.bsky.social and I took a look at the impacts of Trump tariffs on America's solar industry.

Stockpile of panels in America may dull the immediate impacts of high tariff rates hitting countries in Southeast Asia, analysts say.

www.bloomberg.com/news/article...

US Weather Agency Websites to Vanish Under Planned Contract Cuts The US National Oceanic and Atmospheric Agency is poised to eliminate most websites tied to its research division under plans for the cancellation of a cloud web services contract, a move that could s...

Almost all NOAA Research websites that rely on cloud services - including Amazon, Google and WordPress - are poised to disappear at midnight ET Saturday after a contract was targeted for "early termination." Labs may also feel the effects.

Story for @bloomberg.com (free link):

Trump Tariffs on Canada Lumber Risk Pinching Toilet Paper Supply President Donald Trump’s promised tariffs on softwood lumber risk disrupting the supply chain for something nobody wants to be caught without: toilet paper.

Trump's tariffs on Canadian wood risk upsetting the supply chain for... toilet paper

The kind of pulp mainly sourced from Canada is a key ingredient, experts tell me and @mathieudion.bsky.social

Billion-Dollar US Levies on Chinese Ships Risk ‘Trade Apocalypse’ Critics will tell a hearing on Monday that the move against commercial ships could be more disruptive for global trade than Trump’s tariffs.

Donald Trump wants to make US shipbuilding great again by imposing levies on Chinese vessels. Critics say the move could devastate the US economy, hit global trade and fuel inflation www.bloomberg.com/news/article...

Tariffs Add More Turmoil to Dysfunctional US-Mexico Sugar Trade Years of droughts in Mexico have already fractured its sugar exports to the US. Now President Donald Trump’s proposed tariffs risk making the once-lucrative trade relationship even worse for America’s...

Tariffs Add More Turmoil to Dysfunctional US-Mexico Sugar Trade
www.bloomberg.com/news/article... via @bloomberg.com @ilenapeng.bsky.social

Tariffs Add More Turmoil to Dysfunctional US-Mexico Sugar Trade Years of droughts in Mexico have already fractured its sugar exports to the US. Now President Donald Trump’s proposed tariffs risk making the once-lucrative trade relationship even worse for America’s...

Mexico is seen shipping the least sugar to the US since 2008, after droughts fractured a longstanding trade flow. Tariff risks are further shifting the US away from Mexican imports & toward higher-taxed shipments from other countries.

🎁🔗: www.bloomberg.com/news/article... via @bloomberg.com

Trump Says ‘Bear With Me’ as Tariffs Squeeze American Farmers President Donald Trump is asking American growers to bear with him as tariffs threaten to hurt their business and deepen a farm downturn that’s entering a third year.

President Trump asked farmers to bear with him during a speech to Congress yesterday. That's as his tariffs risk more hits to growers already hurting from years of low crop prices & high input costs.

🎁🔗: www.bloomberg.com/news/article... w/ @mhirtz.bsky.social, @kchip.bsky.social via @bloomberg.com

The US Has Never Imported So Much Food The US, known for being a global agriculture powerhouse, has never imported so much food.

FYI: Tariffs will hit grocery bills HARD

The US Has Never Imported So Much Food www.bloomberg.com/news/article...

Live: Trump Tariffs Reverberate Across Markets Trump Tariffs: Live News on Canada, Mexico, China Retaliation, Market Reaction

Claudia Sheinbaum said Mexico will announce countermeasures against US tariffs on Sunday. Follow our coverage here

US Import Taxes of More Than 50% May ‘Ravage’ Canadian Lumber The US threatened import taxes on Canadian lumber products totaling 52%, raising fears about the industry’s future and increases to US homebuilding costs.

More on lumber from yesterday with @twseal.bsky.social: The Commerce Dept proposed raising anti-dumping duties on Canadian lumber to 20.07%. That + countervailing duties + Trump's 25% tariffs = ~52% in taxes on imports

🎁🔗: www.bloomberg.com/news/article... via @bloomberg.com

Line chart of most-active lumber futures contract prices in Chicago

Lumber futures in Chicago rose to the highest price in more than 2.5 years on Monday, after Trump ordered an investigation into foreign shipments of the commodity over the weekend. Canada is by far the biggest source of US lumber imports.

🔗: www.bloomberg.com/news/article... via @bloomberg.com

If surging egg prices have you hoarding, please DM me!

Super Bowl Ads Highlight Growing Craze for Cold Coffee at Home At the Super Bowl last Sunday, Danone SA’s commercial featured Channing Tatum tossing a large bottle of STōK Cold Brew Coffee to British soccer players. Nestlé SA’s showcased a game watcher at home co...

Hot coffee is easier to make at home than cold. A growing lineup of multi-serving bottles & at-home machines is trying to change that, as surging coffee prices send more drinkers home.

☕️🎁🔗: www.bloomberg.com/news/article... via @bloomberg.com

‘It’s a Circus’: Trump Unleashes Chaos at Key US Science Agency Muddled directives and early-morning emails at NOAA, one of the world’s top weather and climate forecasters, have put the agency on edge.

My latest on the situation at NOAA w/ @weathersullivan.bsky.social. More to come! Here's how to reach me:

Call or text on the free Signal app: lgrosen.03
Email: lrosenthal21[at]bloomberg.net
Submit a tip: www.bloomberg.com/tips/

www.bloomberg.com/news/feature...

US Food Aid Programs for Poor Countries to Continue, USDA Says The US will continue to buy agricultural commodities to supply some of the world’s poorest countries as part of aid programs, the Department of Agriculture said Friday.

The US will continue to buy agricultural commodities to supply some of the world’s poorest countries as part of aid programs, the Department of Agriculture said Friday.

Orange Juice Makers Are Desperate for a Comeback When OJ was introduced to Americans, its sweet taste propelled it to the top of the charts. Today, that sugar content is more of a liability.

Orange juice supply is down, so prices are up. That hasn't been enough to save growers facing diseases & storms. But it has left consumers paying more, & companies are trying to convince them the drink is worth it.

🍊🎁🔗: www.bloomberg.com/news/article... w/ @jillrshah.bsky.social via @bloomberg.com

Egg Shortages Are Now Hitting Restaurants, With No Relief in Sight American restaurants are falling victim to a national egg shortage that has already plagued grocery stores from New York City to San Francisco and sent prices to $7 a carton.

American restaurants are falling victim to a national egg shortage that has already plagued grocery stores from New York City to San Francisco and sent prices to $7 a carton