77.3%
0%100%
Sep 2026 · +0.3 pp
Food Manufacturing
Protein ingredient trade
United States
Textured soy protein concentrate
Exports · Value · Sep 2026
Latest
$15.9M
Change
+1.0%
Data source: U.S. Census; USD; monthly
U.S. trade chart →European Union
| Category | Exports | Imports | Net |
|---|---|---|---|
| Wheat glutenAug 2026 | €55M | €390K | €54.6M |
| Protein concentrates/textured substancesAug 2026 | €25.2M | €22.4M | €2.7M |
| Other protein substancesAug 2026 | €47.5M | €46.9M | €508K |
Data source: Eurostat; EUR; monthly
EU trade chart →Category and ingredient prices
Plant-based dairy PPIs
U.S.
Perishable dairy alternatives
177.4-0.1%
Other dairy alternatives
112.8-0.4%
Dry dairy alternatives
217.9+1.1%
Data source: BLS; rebased index, 2023=100; monthly
PPI chart →Global vegetable oils
Global
| Signal | Latest (USD/mt) | 1M | Month | Trend |
|---|---|---|---|---|
| Soybean oilOct 2026 | $1,546(-4.3%) | -4.3% | Oct 2026 | |
| Coconut oilOct 2026 | $2,029(-2.4%) | -2.4% | Oct 2026 | |
| Groundnut oilOct 2026 | $1,850(-0.5%) | -0.5% | Oct 2026 | |
| Palm oilOct 2026 | $1,120(-5.1%) | -5.1% | Oct 2026 | |
| Rapeseed oilOct 2026 | $1,405(-2.6%) | -2.6% | Oct 2026 | |
| Sunflower oilOct 2026 | $1,413(+1.4%) | +1.4% | Oct 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 oilsSep 2026 | 392.3(+0.4%) | +0.4% | Sep 2026 | |
| Manufactured starchSep 2026 | 332.2(+3.6%) | +3.6% | Sep 2026 | |
| Wheat flourSep 2026 | 255.0(+2.1%) | +2.1% | Sep 2026 | |
| Soybean and oilseed processingSep 2026 | 127.4(+3.7%) | +3.7% | Sep 2026 | |
| Dry beansSep 2026 | 173.7(+28.2%) | +28.2% | Sep 2026 |
Data source: BLS; index; monthly
Input price data →European oilseed prices
Europe
Germany rapeseedWeek ending Nov 1, 2026518.53EUR/ton+0.6%Romania soybeansWeek ending Nov 1, 2026417.79EUR/ton+1.0%Spain sunflower seedWeek ending Nov 1, 2026534.4EUR/ton+0.3%
Data source: European Commission; EUR/ton; weekly
Oilseed price chart →Pulse grower bids
U.S.
| Signal | Latest (USD/cwt) | Week |
|---|---|---|
| Peas Whole Green Min-DakNov 2, 2026 | $12(+2.2%) | Nov 2, 2026 |
| Peas Whole Yellow Min-DakNov 2, 2026 | $9.46(+2.3%) | Nov 2, 2026 |
| Beans Garbanzo PNWNov 2, 2026 | $22(0.0%) | Nov 2, 2026 |
| Lentils Brewer PNWNov 2, 2026 | $22(0.0%) | Nov 2, 2026 |
Data source: USDA AMS; USD/cwt; weekly
Pulse bid chart →Sugar benchmarks
Global
| Signal | Latest (USD/kg) | Month |
|---|---|---|
| Sugar (US)Oct 2026 | $0.92(+8.2%) | Oct 2026 |
| Sugar (EU)Oct 2026 | $0.37(-2.6%) | Oct 2026 |
| Sugar (world)Oct 2026 | $0.43(+4.9%) | Oct 2026 |
Data source: World Bank; USD/kg; monthly
Sugar price data →Crop and meal benchmarks
Global
| Signal | Latest (USD/mt) | Month |
|---|---|---|
| SoybeansOct 2026 | $515(-1.7%) | Oct 2026 |
| Soybean mealOct 2026 | $453(+1.3%) | Oct 2026 |
| Wheat (US HRW)Oct 2026 | $317(-8.6%) | Oct 2026 |
| MaizeOct 2026 | $227(-5.5%) | Oct 2026 |
Data source: World Bank; USD/mt; monthly
Commodity price data →Packaging, energy, and logistics
Packaging and cold chain
U.S.
Corrugated boxesSep 2026506.1+1.0%Plastic packaging filmSep 2026212.3-0.6%Truckload freightSep 2026219.4+4.6%LTL freightSep 2026319.9+4.2%Refrigerated warehousingSep 2026167.1
Data source: BLS; rebased index, 2020=100; monthly
Packaging and logistics data →Facility energy
U.S.
| Signal | Latest | Month |
|---|---|---|
| Henry Hub natural gas spot priceOct 2026 | $2.99(+1.4%) | Oct 2026 |
| U.S. industrial electricity priceAug 2026 | 9.64(-1.3%) | Aug 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 →77.5%
Q4 2026 · -0.2 pp
0%100%
-3.9
-5.4%
Oct 2026
-13.5
+10.6%
Oct 2026
4.1
-39.7%
Oct 2026
24.9
+10.2%
Oct 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 crushSep 2026 | 6Mtons(-5.2%) | -5.2% | Sep 2026 | |
| Canola crushSep 2026 | 239Ktons(+3.9%) | +3.9% | Sep 2026 | |
| Soybean cake and mealSep 2026 | 4.2Mtons(-10.2%) | -10.2% | Sep 2026 | |
| Edible soybean cake and meal productionSep 2026 | 50Ktons(-19.4%) | -19.4% | Sep 2026 | |
| Canola cake and mealSep 2026 | 143Ktons(+5.9%) | +5.9% | Sep 2026 | |
| Crude soybean oilSep 2026 | 2.3Bpounds(-5.6%) | -5.6% | Sep 2026 | |
| Crude canola oilSep 2026 | 182.3Mpounds(+0.2%) | +0.2% | Sep 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 salesOct 29, 2026 | 1.5M(-43.5%) | -43.5% | Oct 29, 2026 |
| Soybean Meal export salesOct 29, 2026 | 390K(+12.3%) | +12.3% | Oct 29, 2026 |
| Soybean Oil export salesOct 29, 2026 | 2K(-86.9%) | -86.9% | Oct 29, 2026 |
| Wheat export salesOct 29, 2026 | 538K(-36.7%) | -36.7% | Oct 29, 2026 |
| Corn export salesOct 29, 2026 | 1.3M(-0.7%) | -0.7% | Oct 29, 2026 |
Data source: USDA; metric tons; weekly
Export sales chart →Managed-money positioning
U.S.
Week ending Nov 3, 2026
Net shortNet long
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.Oct 28, 2026 | 44% | -5.5 pp | Oct 28, 2026 |
| North DakotaNov 3, 2026 | 44.9% | -7.5 pp | Nov 3, 2026 |
| KansasNov 3, 2026 | 13.2% | -8 pp | Nov 3, 2026 |
| IowaNov 3, 2026 | 0% | 0 pp | Nov 3, 2026 |
Data source: U.S. Drought Monitor; percent; weekly
Drought risk chart →Crop conditions
U.S.
| Crop | Good condition | 1W | Week |
|---|---|---|---|
| Winter wheatNov 1, 2026 | 38%(+16 pp) | +16 pp | Nov 1, 2026 |
| CornOct 25, 2026 | 43%(0 pp) | 0 pp | Oct 25, 2026 |
| SoybeansOct 11, 2026 | 46%(0 pp) | 0 pp | Oct 11, 2026 |
| Spring wheatAug 23, 2026 | 44%(-2 pp) | -2 pp | Aug 23, 2026 |
Data source: USDA; percent; weekly
Crop condition data →Fertilizer benchmark prices
Global
| Benchmark | Latest (USD/mt) | 1M | Month |
|---|---|---|---|
| UreaOct 2026 | $420(+3.1%) | +3.1% | Oct 2026 |
| DAPOct 2026 | $803(+0.3%) | +0.3% | Oct 2026 |
| Potassium chlorideOct 2026 | $358(-2.7%) | -2.7% | Oct 2026 |
| Phosphate rockOct 2026 | $170(0.0%) | 0.0% | Oct 2026 |
| TSPOct 2026 | $692(+0.3%) | +0.3% | Oct 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 beefSep 2026 | $6.79/ lb(-1.9%) | -1.9% | Sep 2026 |
| ChickenSep 2026 | $2.06/ lb(+2.6%) | +2.6% | Sep 2026 |
| Whole milkSep 2026 | $4.11/ gal(-2.9%) | -2.9% | Sep 2026 |
| Cheddar cheeseSep 2026 | $6.13/ lb(+2.5%) | +2.5% | Sep 2026 |
| ButterSep 2026 | $3.96/ lb(-1.5%) | -1.5% | Sep 2026 |
| EggsSep 2026 | $2.27/ doz(0.0%) | 0.0% | Sep 2026 |
| Pantry staples | |||
| Dried beansSep 2026 | $1.67/ lb(+2.4%) | +2.4% | Sep 2026 |
| FlourSep 2026 | $0.55/ lb(-0.5%) | -0.5% | Sep 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 spreadSep 2026 | $5.04(-2.7%) | -2.7% | Sep 2026 |
| Pork farm to retail price spreadSep 2026 | $3.86(+4.3%) | +4.3% | Sep 2026 |
| Retail-wholesale spread for broiler compositeSep 2026 | $1.50(+7.3%) | +7.3% | Sep 2026 |
Data source: USDA; USD/lb; monthly
Spread chart →Dairy ingredient output
U.S.
| Signal | Latest (lb) | 1M | Month | Trend |
|---|---|---|---|---|
| ButterSep 2026 | 204M(+8.9%) | +8.9% | Sep 2026 | |
| CheeseSep 2026 | 1.2B(-2.5%) | -2.5% | Sep 2026 | |
| CheddarSep 2026 | 310.2M(-5.0%) | -5.0% | Sep 2026 | |
| Nonfat dry milkSep 2026 | 129.4M(+0.2%) | +0.2% | Sep 2026 | |
| Dry wheySep 2026 | 70.3M(-3.2%) | -3.2% | Sep 2026 | |
| LactoseSep 2026 | 92M(-3.1%) | -3.1% | Sep 2026 |
Data source: USDA; pounds; monthly
Dairy output data →Dairy cold storage
U.S.
| Signal | Latest (lb) | 1W | Week |
|---|---|---|---|
| Butter cold storageNov 2, 2026 | 44.8M(-9.1%) | -9.1% | Nov 2, 2026 |
| Cheese cold storageNov 2, 2026 | 79.4M(-2.4%) | -2.4% | Nov 2, 2026 |
Data source: USDA AMS; pounds; weekly
Cold storage data →