77.6%
0%100%
May 2026 · -0.4 pp
Food Manufacturing
Protein ingredient trade
United States
Textured soy protein concentrate
Exports · Value · Apr 2026
Latest
$24.6M
Change
+39.1%
Data source: U.S. Census; USD; monthly
U.S. trade chart →European Union
| Category | Exports | Imports | Net |
|---|---|---|---|
| Wheat glutenApr 2026 | €35.7M | €229K | €35.5M |
| Protein concentrates/textured substancesApr 2026 | €27M | €19.3M | €7.7M |
| Other protein substancesApr 2026 | €55.5M | €39.9M | €15.6M |
Data source: Eurostat; EUR; monthly
EU trade chart →Category and ingredient prices
Plant-based dairy PPIs
U.S.
Other dairy alternatives
113.4+0.1%
Dry dairy alternatives
218.9+0.5%
Data source: BLS; rebased index, 2023=100; monthly
PPI chart →Global vegetable oils
Global
| Signal | Latest (USD/mt) | 1M | Month | Trend |
|---|---|---|---|---|
| Soybean oilMay 2026 | $1,775(+8.0%) | +8.0% | May 2026 | |
| Coconut oilMay 2026 | $2,244(-3.8%) | -3.8% | May 2026 | |
| Groundnut oilMay 2026 | $1,837(-3.6%) | -3.6% | May 2026 | |
| Palm oilMay 2026 | $1,140(-0.5%) | -0.5% | May 2026 | |
| Rapeseed oilMay 2026 | $1,473(+9.5%) | +9.5% | May 2026 | |
| Sunflower oilMay 2026 | $1,505(+1.3%) | +1.3% | May 2026 |
Data source: World Bank; USD/mt; monthly
Vegetable oil chart →Input price indexes
U.S.
| Signal | Latest (index) | 1M | Month | Trend |
|---|---|---|---|---|
| Shortening and cooking oilsMay 2026 | 386.3(+1.7%) | +1.7% | May 2026 | |
| Manufactured starchMay 2026 | 326.4(-1.6%) | -1.6% | May 2026 | |
| Wheat flourMay 2026 | 252.0(+3.3%) | +3.3% | May 2026 | |
| Soybean and oilseed processingMay 2026 | 120.4(+9.6%) | +9.6% | May 2026 | |
| Dry beansMay 2026 | 121.9(+10.5%) | +10.5% | May 2026 |
Data source: BLS; index; monthly
Input price data →European oilseed prices
Europe
Germany rapeseedWeek ending Jun 21, 2026493.31EUR/ton-1.2%Romania soybeansWeek ending Jun 7, 2026409.22EUR/ton+5.5%Spain sunflower seedWeek ending Jun 14, 2026471.84EUR/ton-1.2%
Data source: European Commission; EUR/ton; weekly
Oilseed price chart →Pulse grower bids
U.S.
| Signal | Latest (USD/cwt) | Week |
|---|---|---|
| Peas Whole Green Min-DakJun 22, 2026 | $14(0.0%) | Jun 22, 2026 |
| Peas Whole Yellow Min-DakJun 22, 2026 | $9.74(0.0%) | Jun 22, 2026 |
| Beans Garbanzo PNWJun 22, 2026 | $22(0.0%) | Jun 22, 2026 |
| Lentils Brewer PNWJun 22, 2026 | $22(0.0%) | Jun 22, 2026 |
Data source: USDA AMS; USD/cwt; weekly
Pulse bid chart →Sugar benchmarks
Global
| Signal | Latest (USD/kg) | Month |
|---|---|---|
| Sugar (US)May 2026 | $0.79(+2.6%) | May 2026 |
| Sugar (EU)May 2026 | $0.38(0.0%) | May 2026 |
| Sugar (world)May 2026 | $0.34(+6.3%) | May 2026 |
Data source: World Bank; USD/kg; monthly
Sugar price data →Crop and meal benchmarks
Global
| Signal | Latest (USD/mt) | Month |
|---|---|---|
| SoybeansMay 2026 | $474(+2.5%) | May 2026 |
| Soybean mealMay 2026 | $421(+1.2%) | May 2026 |
| Wheat (US HRW)May 2026 | $303(+7.4%) | May 2026 |
| MaizeMay 2026 | $216(+1.0%) | May 2026 |
Data source: World Bank; USD/mt; monthly
Commodity price data →Packaging, energy, and logistics
Packaging and cold chain
U.S.
Corrugated boxesMay 2026478.4+3.2%Plastic packaging filmMay 2026205.1+5.9%Truckload freightMay 2026216.1+5.5%LTL freightMay 2026312.1+0.3%Refrigerated warehousingMay 2026167.3-1.4%
Data source: BLS; rebased index, 2020=100; monthly
Packaging and logistics data →Facility energy
U.S.
| Signal | Latest | Month |
|---|---|---|
| Henry Hub natural gas spot priceMay 2026 | $2.94(+6.1%) | May 2026 |
| U.S. industrial electricity priceMar 2026 | 8.58(-4.1%) | Mar 2026 |
Data source: U.S. Energy Information Administration; USD per million Btu and cents per kilowatthour; monthly
Energy price chart →Diesel logistics cost
U.S.
Data source: U.S. Energy Information Administration; dollars per gallon; weekly
Fuel price data →Manufacturing conditions and constraints
U.S. capacity utilization
Data source: Federal Reserve; food, beverage, and tobacco manufacturing; percent; monthly
Capacity utilization data →EU food manufacturers
European surveys dashboard →78%
Q2 2026 · +0.1 pp
0%100%
-5
+5.7%
May 2026
-15.7
-7.5%
May 2026
0.9
-10.0%
May 2026
16.8
-32.3%
May 2026
Data source: European Commission; monthly balances; quarterly capacity utilization.
Upstream processing and crop-market risk
Oilseed processing and meal output
U.S.
| Signal | Latest | 1M | Month | Trend |
|---|---|---|---|---|
| Soybean crushApr 2026 | 6.6Mtons(-5.8%) | -5.8% | Apr 2026 | |
| Canola crushApr 2026 | 203Ktons(-9.9%) | -9.9% | Apr 2026 | |
| Soybean cake and mealApr 2026 | 4.9Mtons(-6.0%) | -6.0% | Apr 2026 | |
| Soybean edible protein productsApr 2026 | 61Ktons(+0.4%) | +0.4% | Apr 2026 | |
| Canola cake and mealApr 2026 | 124Ktons(-3.4%) | -3.4% | Apr 2026 | |
| Crude soybean oilApr 2026 | 2.5Bpounds(-5.7%) | -5.7% | Apr 2026 | |
| Crude canola oilApr 2026 | 171.6Mpounds(-5.0%) | -5.0% | Apr 2026 |
Data source: USDA; tons and pounds; monthly
Oilseed processing data →Crop and oilseed-product export sales
U.S.
| Signal | Net sales (mt) | 1W | Week |
|---|---|---|---|
| Soybean export salesJun 11, 2026 | 425K(+101.1%) | +101.1% | Jun 11, 2026 |
| Soybean Meal export salesJun 11, 2026 | 284K(-28.3%) | -28.3% | Jun 11, 2026 |
| Soybean Oil export salesJun 11, 2026 | 2K(+170.8%) | +170.8% | Jun 11, 2026 |
| Wheat export salesJun 11, 2026 | 401K(-39.8%) | -39.8% | Jun 11, 2026 |
| Corn export salesJun 11, 2026 | 1.2M(+15.7%) | +15.7% | Jun 11, 2026 |
Data source: USDA; metric tons; weekly
Export sales chart →Managed-money positioning
U.S.
Week ending Jun 16, 2026
Net shortNet long
Soybean
54K-44.3%
Soybean Meal
19K-64.9%
Soybean Oil
122K-4.9%
Chicago SRW Wheat
-69K+11.1%
Corn
-49K-3,689.2%
Data source: U.S. Commodity Futures Trading Commission; contracts; weekly
Positioning chart →Moderate-or-worse drought exposure
U.S.
| Region | Exposure | 1W | Week |
|---|---|---|---|
| Contiguous U.S.Jun 10, 2026 | 55% | -1.1 pp | Jun 10, 2026 |
| KansasJun 16, 2026 | 47.4% | +0.9 pp | Jun 16, 2026 |
| North DakotaJun 16, 2026 | 10.3% | +2.6 pp | Jun 16, 2026 |
| IowaJun 16, 2026 | 7.1% | +4.5 pp | Jun 16, 2026 |
Data source: U.S. Drought Monitor; percent; weekly
Drought risk chart →Crop conditions
U.S.
Week ending Jun 14, 2026
| Crop | Good condition | 1W |
|---|---|---|
| Soybeans | 57%(+1 pp) | +1 pp |
| Corn | 56%(+1 pp) | +1 pp |
| Winter wheat | 22%(+1 pp) | +1 pp |
| Spring wheat | 51%(+3 pp) | +3 pp |
Data source: USDA; percent; weekly
Crop condition data →Fertilizer benchmark prices
Global
| Benchmark | Latest (USD/mt) | 1M | Month |
|---|---|---|---|
| UreaMay 2026 | $771(-10.1%) | -10.1% | May 2026 |
| DAPMay 2026 | $770(+6.1%) | +6.1% | May 2026 |
| Potassium chlorideMay 2026 | $405(+0.9%) | +0.9% | May 2026 |
| Phosphate rockMay 2026 | $153(0.0%) | 0.0% | May 2026 |
| TSPMay 2026 | $714(+8.4%) | +8.4% | May 2026 |
Data source: World Bank; USD/mt; monthly
Input price data →Retail and category context
Retail price basket
U.S.
| Signal | Latest | 1M | Month |
|---|---|---|---|
| Meat, dairy, and eggs | |||
| Ground beefMay 2026 | $6.75/ lb(-2.2%) | -2.2% | May 2026 |
| ChickenMay 2026 | $2.04/ lb(+0.5%) | +0.5% | May 2026 |
| Whole milkMay 2026 | $4.22/ gal(+2.0%) | +2.0% | May 2026 |
| Cheddar cheeseMay 2026 | $5.69/ lb(-5.7%) | -5.7% | May 2026 |
| ButterMay 2026 | $3.93/ lb(-6.8%) | -6.8% | May 2026 |
| EggsMay 2026 | $2.19/ doz(-2.6%) | -2.6% | May 2026 |
| Pantry staples | |||
| Dried beansMay 2026 | $1.67/ lb(-2.1%) | -2.1% | May 2026 |
| FlourMay 2026 | $0.54/ lb(+0.2%) | +0.2% | May 2026 |
Data source: BLS; USD; monthly
Retail price history →Meat price spreads
U.S.
| Signal | Latest (USD/lb) | 1M | Month |
|---|---|---|---|
| Choice beef farm to retail price spreadMay 2026 | $4.59(-6.6%) | -6.6% | May 2026 |
| Pork farm to retail price spreadMay 2026 | $3.79(+1.2%) | +1.2% | May 2026 |
| Retail-wholesale spread for broiler compositeMay 2026 | $1.50(+0.3%) | +0.3% | May 2026 |
Data source: USDA; USD/lb; monthly
Spread chart →Dairy ingredient output
U.S.
| Signal | Latest (lb) | 1M | Month | Trend |
|---|---|---|---|---|
| ButterApr 2026 | 224.4M(-1.8%) | -1.8% | Apr 2026 | |
| CheeseApr 2026 | 1.3B(+0.3%) | +0.3% | Apr 2026 | |
| CheddarApr 2026 | 329.8M(-3.0%) | -3.0% | Apr 2026 | |
| Nonfat dry milkApr 2026 | 181.4M(+3.1%) | +3.1% | Apr 2026 | |
| Dry wheyApr 2026 | 75.6M(-2.7%) | -2.7% | Apr 2026 | |
| LactoseApr 2026 | 92M(-0.8%) | -0.8% | Apr 2026 |
Data source: USDA; pounds; monthly
Dairy output data →Dairy cold storage
U.S.
| Signal | Latest (lb) | 1W | Week |
|---|---|---|---|
| Butter cold storageJun 15, 2026 | 64.5M(+8.7%) | +8.7% | Jun 15, 2026 |
| Cheese cold storageJun 15, 2026 | 89.6M(+4.6%) | +4.6% | Jun 15, 2026 |
Data source: USDA AMS; pounds; weekly
Cold storage data →