News

Blue Poppy Seed Update…

The market is floating quietly and we are right at the start of the new harvest. Until a couple of weeks ago we were expecting a somewhat higher harvest than last year butchelmer-foods-logo the latest reports now point at a similar output. Weather/growing conditions have not been very favourable and where for example the Czech Rep increased their plantings by about 15%, the harvest is expected to show a similar figure as last year.

Various European areas have not had enough rain and the Czech Rep. even had to re-sow some areas. The situation is absolutely not alarming but looking at all information and figures at hand, we expect a similar total world crop as last year but still 10% below the long year average.

We therefore adjusted our earlier views from somewhat bearish towards firm to possibly somewhat dearer. Much depends on the weather conditions of the next couple of weeks which we obviously monitor closely. Right now we have a rather neutral approach to prices and therefore offer/sell  current and new crop at the same price.

It would surprise us if the market would be lower in a few months time since any change we might see we expect to be upwards(?).

We look forward to any enquiry you may have.

date:  Jul 31, 2015 comments:  Comments Off on Blue Poppy Seed Update…
by:  Simon Heather category:  Latest News Read More

Bulgarian Sunflower Market report received…

Today our shipper returned back from a field tour through the south Bulgarian growing areas. He has seen a lot of poor fields with low yield expectation duevineyards32 to very dry and hot weather. The Bulgarian officials have reduced their new crop estimation down to 1,3 Million tons comparing with 2 Million tons in 2014. The harvest will start soon during week 33 ( 10.08.-16.08.2015 ) in the south of Bulgaria. The harvest will be at least 2 – 3 weeks later in the North of Bulgaria and in the south of Romania. The raw material quality is been expected very good because of the hot and dry weather. Sunflower will be shelled easier when the product is dry. Framers return per hectare / acre will be less than 2014 because of the reduced yields. Therefore framers asking already a higher price for new crop raw material.

We expecting further increases and do not share the still floating opinion in the market that prices will come down in September 2015. Worldwide demand for sunflowers is too strong and the shortage for the old crop will push the new crop as well. Beside of the sunflower situation we also have lower rape seed and linseed crops. Therefore vegetable oil markets are also firmer.

In Nut shell the low crop expectation for sunflowers in the Black Sea – Area, the current shortage for old crop in combination with firmer vegetable oil markets will end up in a firmer market prospect.

Sent to us by Sascha Hönig: Speciality Borkers Logo

date:  Jul 31, 2015 comments:  Comments Off on Bulgarian Sunflower Market report received…
by:  Simon Heather category:  Latest News Read More

The 2015 Indian Walnut crop report update

INDIAN WALNUT CROP REPORT 2015

Received from

V K C Nuts (P) Ltdwalnuts3

The 2015 Walnut crop is progressing very well. Initially at the blossom time, there was some concern due to excessive rains but luckily they were not accompanied by snow. The temperature remained steady and there was no report of frost bite from any growing area. As the crop progressed the weather Gods remained very benevolent with the steady periodic rains during the months of May, June and July. This season the maximum temperature didn’t cross 33degrees which has helped the Walnuts to grow in size also. Since there was no dry spell during the growing period, at the moment size of Walnuts seem to be very good. We are expecting very little of babies this year.

The month of August is very critical for Walnuts. One or two rains are required before harvest. Going by the trend of rains this year over the growing areas, we expect normal rains during this period also. This will result in healthier kernels with more meat. Since there has been no dry spell over the past months and temperatures have remained moderate we expect more of light kernels this year, supply of ambers is likely to be restricted this season. Overall we expect good crop both quality and quantity wise.

The domestic market is expanding with a handsome growth of 10% the domestic consumption has risen to 35 to 40% of the crop. The festive season this year is late by 15 days. Diwali being on 11th November as against on 26th October last year, therefore we do not see pressure of domestic buyers during this period as there is enough time with the suppliers to push their goods. Besides there are some unsold stocks of inshell walnuts from old crop. This carryover of about 10-15% will also result in easing of domestic prices. There has been a growing trend of importing of Californian walnuts which cater to domestic market for inshell walnuts.

Overall we feel it will be a good season with domestic prices in check. Hopefully, there will be possibility of reviving our exports.

date:  Jul 29, 2015 comments:  Comments Off on The 2015 Indian Walnut crop report update
by:  Simon Heather category:  Latest News Read More

The 2015 California Walnut Crop, Subjective Packer Estimate

The 2015 California Walnut Crop, Subjective Packer Estimate is 607,000 tons, up 7.8% versus the 2014 actual crop of 563,000 tons.nuts1

The expected carry-in is 86,000 tons.

The USDA Objective Estimate will be released at noon on Thursday September 3rd

date:  Jul 29, 2015 comments:  Comments Off on The 2015 California Walnut Crop, Subjective Packer Estimate
by:  Simon Heather category:  Latest News Read More

Shock crop estimation increase for Turkish Hazelnuts…

Yesterday afternoon the Turkish Exporters union announced their final estimate for the 2015 Turkish crop at 733,243 mt in shell this is up from the 683,000 mt they had made in the spring. This is very good news and will be welcomed by manufacturers who have had to endure the most difficult last twelve months. A crop of this size will produce a sizeable surplus enabling prices to come back to more sustainable levels.047

 Currently there is only very limited interest in new crop with most manufacturers preferring to wait. New crop prices currently discount current crop by about 20%. Raw 11/13 mm Whole graded market quality would be in the region of US$ 10,000 pmt C&F Europe. We would hope that as we approach harvest prices may track lower. What is unknown is the reaction of farmers to such a good crop. Many do not need to sell quickly as have other sources of income whilst also having gotten used to a higher market, how long they can resist is unknown but with very little carry over stock in Europe the early shipments should be in demand.

 We will keep you updated with any new developments.

date:  Jul 22, 2015 comments:  Comments Off on Shock crop estimation increase for Turkish Hazelnuts…
by:  Simon Heather category:  Latest News Read More

Our Credit Controller John Woodard announces his retirement…

Our credit controller John has decided to take early retirement and will leave the business at the end of July.

John originally joined the business doing some interim work but made such an impression that he latterly joined the business in a permanent role.5607102980_b528a67cf3_o

Since then he has been an integral part of the business and has made a massive contribution to shaping the accounts department and making it run efficiently.

We would like to wish John a very long and happy retirement and thank him very much for all his hard work,  he will be missed by us all.

 

We will shortly be making an announcement on Johns replacement but in the mean time the accounts department will continue to run as normal and can be contacted via accounts@chelmerfoods.com

date:  Jul 21, 2015 comments:  Comments Off on Our Credit Controller John Woodard announces his retirement…
by:  Simon Heather category:  Latest News Read More

The Pecan Industry has just issued their 2nd Pecan Grower Crop Estimate for 2015

The Pecan Industry has just issued their 2nd Pecan Grower Crop Estimate for 2015:

 June of 2015 compared to July 2015– June 2015 estimate came out at 272.4 Million lbs by Littlepage.  The 2nd grower estimate done by Brookshier at the Texas Pecan Growers Association Meeting came in 327.0 Million .

 

 

The Biggest Changes came from the following States:060

 

STATE: Littlepage- June 2015 Brookshier- July 2015
Arizona 21.0 Million lbs 25.0 Million Lbs
Georgia 70.0 Million lbs 110.0 Million lbs
New Mexico 65.0 Million lbs 82.0 Million lbs
Texas 60.0 Million lbs 48.0 Million lbs

          

2014 Pecan Crop- Total Supply:   The total supply for 2014 is estimated at 265 Million lbs.  We should have final estimate in the next few weeks, we will keep you advised.

 

New Crop –  The crop is progressing,  and people within the industry hope to see a 350 Million lb Crop or more.  Only time will tell if we are able to get there.  There have been 3 years of short crops in the pecan industry. The carry into this new crop will very small, and different weather events can also have an adverse effect on the crop in the South of the United States.

 Pricing  – The market has not opened on new crop pricing thus far and the official USDA pecan estimate will come out in October 2015.

 

Please let us know if you have current demand for pecans from the USA and we will be happy to assist.

 

Report received courtesy of:

Dale Darling – Summit Almonds

date:  Jul 17, 2015 comments:  Comments Off on The Pecan Industry has just issued their 2nd Pecan Grower Crop Estimate for 2015
by:  Simon Heather category:  Latest News Read More
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