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Almonds – July shipment report

Click here >>July 2015 Almonds Shipment report<< For the comprehensive report in PDF viewing

The Almond Board of California has released the July Almond Position Report with shipments of + 122.5 million pounds compared to  +132.5  millalmond2ion pounds last year for a decrease of   7.5% percent.

The shipments were expected to be lower in July.

YEAR TO DATE SHIPMENTS:   1.812 billion pounds compared to  1.937 pounds last year for a decrease of  6.4 percent.

CROP: RECEIPTS:  1.867 billion pounds versus 2.009 billion lbs for a decrease of 7%.

CURRENCY:  The 1 Euro is at  $ 1.10 .

HARVEST: The harvest is underway on the nonpareil crop in the south, central, and northern areas of the state.  Initial observations are the nonpareil crop is much lighter than last year in the South and Central parts of the valley.  Sizes are smaller, lacking weight, very dry kernels,.

PRICES: Over the past 4 weeks prices seen a small decline and now have started rebounding based on the lighter than expected new crop.

date:  Aug 13, 2015 comments:  Comments Off on Almonds – July shipment report
by:  Simon Heather category:  Latest News Read More

Greek Currants – thoughts of the new crop from Belussis…

Regarding the new Crop 2015, from what it seems up to now, the total quantity will be around 10-15% lower in comparison to Crop 2014 around 18-20.000 tons but the quality is expected to be much better in comparison to the last season’s.currants

The limited  rainfall of the last days have not affected the quality or the quantity.

The harvest of the crop will start at around on 20th of August.

The farmers  are unhappy with the continuous downward trend of the price of the raw material and many of them are thinking not to dry their currants if this will continue and give the fresh currants for wine .

The farmers are asking higher price for the new season.

Our estimation is that the starting prices the new Crop 2015, due to that there will be enough carry over of Crop 2014, will be around 1.350 Euros p.m.t , F.O.B Piraeus but we estimate that there will be an upward trend later. Also due to the curry over packers and Unions offer currants Crop 2014 up to the end of 2015 or even later.

Report received from Belussis Currants

date:  Aug 12, 2015 comments:  Comments Off on Greek Currants – thoughts of the new crop from Belussis…
by:  Simon Heather category:  Latest News Read More

Pecan Market is skipping along….

Pecan market is steady, most buyers are covered through new crop.060

New crop progressing well with no adverse weather reported to date.

Current crop pieces are extremely short, and some packers are now forced to washout contracts or manufacture pieces from halves.

date:  Aug 12, 2015 comments:  Comments Off on Pecan Market is skipping along….
by:  Simon Heather category:  Latest News Read More

New Crop Pumpkin and Sunflower market information from Sunshine Produce

We would like to share with you the information of new crops 2015:

Pumpkin Shineskin:

Inner Mongolia region: Planting area increased by 30%. Due to low temperature in sprout and drought in bearing fruit, the yield is decreased. Total output will keep the same as last year.

Xinjiang region: Planting area increased by 100%.  The yield keeps the same. So the total output will increase by about 100% than last year.

Pumpkin GWS:

Inner Mongolia region: The planting area is very few in this region.

Xinjiang region:  Planting area increased by 100%. The yield increased a little. So the total output will increase by 100% than last year.seed1

Sunflower

The planting area and total output will keep the same as last year.

Conclusion:

The price for pumpkin in last year keeps high level and the expectation of farmer for new crops is still high. It is estimated the price at the beginning is still keep high level and as more crops come into market, the price may be going down to some extent.

date:  Aug 12, 2015 comments:  Comments Off on New Crop Pumpkin and Sunflower market information from Sunshine Produce
by:  Simon Heather category:  Latest News Read More

Turkish Apricots Marker Update received from Dogancan

Apricot Update

Exports for July were 2,204 tons compared to 3,835 tons last year.
Total 2014 crop exports were 50,782 tons compared to 111,577 tons the previous year.
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Average price of 2014 crop exports of whole apricots was $6,210 FOB compared to $3,265 the previous year
Average price of 2014 crop exports of diced apricots was $4,990 FOB compared to $2,592 the previous year

Exports in July were in accordance with our expectations. Final figures for the 2014 crop year were as follows (est.)

2014 Crop                   15,000 tons
2013 Carryover          42,000 tons
Total supply                57,000 tons

Exports                        50,782 tons
Domestic sales             5,000 tons
Carryover                      1,218 tons

2015 crop                    80,000 tons

New crop is starting to arrive in the market, there is strong demand to fill empty pipelines. Quality is excellent, mainly large sizes. Opening prices for sulphured raw material fruit is in line with expectations at around Tl 10 per Kg and seems to be holding steady for the time being, packers are actively buying. Prices for organic having dipped last month have now started to increase as it transpires many growers did not keep up their organic certification over the past year due to the crop failure.

We predict very strong August and September export numbers based on our heaviest season opening order book of all time, as buyers had been running positions as tight as possible. If we are right we may see prices firm in the fall as we get into the peak season. Most buyers are covering the first quarter or first half of the season only at this time. Apricot prices have come back in line with other tree fruits (prunes, figs, pears etc), and it should not be forgotten that though far better than last year, we do have a short crop again this year and no carry over. Total availability this year is a fraction over 80,000 tons, compared with over 160,000 tons in both 2012 and 2013 crop years, and 57,000 tons in 2014.

Russia is returning to the market this year, as the Tajic/Uzbek crops have been severely reduced by frost.
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The Turkish Lira continues to look weak on domestic political and security issues, and is currently trading at Tl 2.68/$1.

Please contact us for any further information or specific quotes.

date:  Aug 10, 2015 comments:  Comments Off on Turkish Apricots Marker Update received from Dogancan
by:  Simon Heather category:  Latest News Read More

Early report from the Non Pareil Almond veriety crop outlook…

Early reports from the field are that the NP (nonpareil) crop is down 5% to 10% or more from last year. Packers believe we will not reach the Objective Estimate049. Certainly a crop bigger than the objective estimate does not seem possible at this time.   Some growers/packers are indicating we may see a crop of only 1.70 to 1.75 billion pounds, well below the estimate of 1.8 billion pounds.

Kernel sizes thus far are extremely small and very light weight.  Kernels are very dry as well.  Some packers are reporting sizes being down 1-2 sizes on their orchards from the previous year.  This is very early information. We will keep you informed on what we are hearing from the orchards.

date:  Aug 10, 2015 comments:  Comments Off on Early report from the Non Pareil Almond veriety crop outlook…
by:  Simon Heather category:  Latest News Read More

Latest Official Exporters Union Turkish Vine Fruit Crop Estimation Announcement released…

The committee of the official survey group exporters union as announced  their report as 2015 crop Turkish Dry Raisins / Sultanas is estimated at 196.000 mt.

This is pure estimation , but last year they estimate 328.000 mt. And now, we already reached to 322.000 mt.ingredients2

So, it is nearly %100 accuracy. So, I believe them. New crop, will be %40 less than last year.

Presume nearly  25-35.000 mt carry over will be available.

But these stocks are  in the hands of “hard sellers” which they don’t want to sell but wait.

 

On the following days before the harvest they will make one last tour around the region to see the final situation at the vineyards before the harvest.

Please keep in mind that, due to the fact that there is no homogeneity in the vineyards it is very difficult to make an accurate estimation this year.

Big variances are observed within the vineyards of the same region. Within the different rows in the same vineyards and even within the same rows different trees are showing big variances.

2 days ago, there was a heavy Summer rain at vine- yards. Also weather forecast expect rain this weekend. Hopefully  these rains will not damage the fruit on bunches.

Harvest, did not started yet. We expect in 10 days, it will start. This means, crop is .. this year about 1 week late.

The market is calm but prices are firm.DSC04747 - Kopya

Everyone  waiting new crop arrivals.

Presume , opening price can be around 2.300-  2.400.- US Doll Fob Pmt. But we will wait and see afterwards.Due to a difficult year, at 22-23 August  2015 a small survey group  will go to fields once more second time for to make double –check of this announced crop size. It will be more accured to have  this figures  at 24 August 2015.

We will follow the situation very closely and update you about the last developments.

 

 

 

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date:  Aug 06, 2015 comments:  Comments Off on Latest Official Exporters Union Turkish Vine Fruit Crop Estimation Announcement released…
by:  Simon Heather category:  Latest News Read More