Turkish Apricots market update by our partners Dogancan

Apricot UpdateDogancan Agrimax

Exports for June were in line with expectations at 3,401 tons compared to 5,932 tons last year.

Year to date exports are 48,578 tons compared to 107,742 last year.

We expect similar or slightly lower levels for July leaving no significant carry over.

The harvest of new crop has started on the plains, both for the fresh market and for drying. The fresh fruit market is paying between 2 Lira and 4 Lira depending on the quality (blemished and small fruit being the cheaper end of the range), this equates to a dried price in the region of $5.00 per kg for clean size 4 fruit. Fresh fruit buyers are reporting orchards coming in lighter than they expected. There is very little small fruit indeed, with much of the crop expected to dry down to size 2 and 3. First arrivals are expected to come to the market at the beginning of August, with early arrivals eagerly awaited by an empty market.
Consensus is for a small crop of between 70,000 and 80,000 tons.

Organic will be tight, there is lively competition for a reduced number of organic growers and uncovered buyers are recommended to book their requirements now if they do not want to be left without fruit again this year.

Larger packers have been reluctant to offer aggressively fearing grower resistance to current pricing, and having zero carryover stocks against which to hedge any foreword sales. Except in the very biggest crops, ie those above 150,000 tons, we do not see prices fall during the first quarter of the season. The most likely scenario is for rising prices during the busy autumn period when packers will compete with speculators  who are cash rich after the major price rises last year.

Packers who defaulted on their contracts last year are throwing attention grabbing prices at the market hoping to attract new customers to replace those they let down last year. The end result is a less than transparent market situation.
The buyers are currently weighing up the best time and price to get into  the market, and with time moving against them I suspect they will all jump at the same time (as usual), and this in itself may trigger the sort of movement the packers are nervous of. We think the current prices are appropriate for the size of crop expected, they have held steady for the past month or so.

date:  Jul 13, 2015 comments:  Comments Off on Turkish Apricots market update by our partners Dogancan
by:  Simon Heather category:  Latest News Read More

Chelmer Foods Turkey Visit Report July 2015

This report can be viewed via PDF by clicking here>> Chelmer Foods – Turkish Sultans Report July 2015 <<

The 2015 crop from Turkey is looking decidedly difficult this season. Following severe frost damaged in large areas of the growing region, hail storms and much wetter weather than normal the vineyards have been beset with issues.

Last year the crop was officially estimated at 328,000mt and there were some that thought that this may be a conservative figure, however it now increasingly looks like that the figure was closer to 310,000mt. Due to the large crop and wet weather during the drying period it was not possible to dry down all the grapes to the required quality and in some cases the fruit was not dried as the window of opportunity was lost.

Exports to date from the 2014 crop stand at 223,000mt, we expect by the end of August that this figure will reach 255,000mt.  Alcohol production and domestic demand is around 25,000mt so we can expect a carry over of 30,000mt, far shorter than some of the numbers that have been suggested. Due to the early frost damage some of the growing regions are going to yield 80% less than last year, on inspection of the vineyards some of these vines have the odd bunch sporadically dotted around, It really depends on the area as to the extent of the damage. In some cases growers will not even harvest what remains as the cost of the labour will outweigh value of the yield so they will just leave it.

Based on several assessments we can expect to see new crop coming in at 170,000 mt so combined with the carry over a total of 200,000mt. There is very little raw material being offered in the market and what is being offered is of very poor quality. Raw material prices are between 5.2 to 5.5 TL and even laser scanned rejects are trading at 5 TL.

With damage in certain growing areas there will be a strong demand for fresh grape exports from areas which traditionally supply grapes for drying. The largest export market for fresh grapes from Turkey is the Ukraine and Russia, it was expected that the demand would be lower due to the issues in the Ukraine, however with Russia imposing further restrictions on importing food products from the EU, there may be stronger demand for fresh grapes from Turkey.

2015 Grape Bunch Development July 2015

2015 Grape Bunch Development July 2015.

We do not expect that Turkey will dry down any Raisins due to what will be a very short crop, and there will be very limited supply from the 2014 crop.

There is a general consensus of opinion that indicates new crop prices will open at 6TL makingraw material prices $ 2230 per my at today’s exchange rates.  Based on this we will be looking at new crop prices of $ 2500 per mt

Last season the typical yield from the vineyards would have been 600 – 800kg per declare (1000m2). This season in the worst affected areas the yield will not be greater than  50kg. In these vineyards it is very unlikely that the growers will harvest as they will not get the return to justify it.

Some of the better regions we can expect to see around 400kg per declare which is a much better return although significantly lower than last season.  With lowmarcusr bunch counts we will also see much larger berries and it will be very difficult to obtain small and midget grades and where it is available it will be at a premium.

Due to the very wet weather up until the last week we are also seeing so isolated disease issues with Grape Berry moths and mould growth such as ash disease. Growers have used pesticides to try and prevent this but the rain has been washing it away rendering it ineffective.

We will keep you updated of further developments.

Report by Marcus Welch, Director

date:  Jul 10, 2015 comments:  Comments Off on Chelmer Foods Turkey Visit Report July 2015
by:  Simon Heather category:  Latest News Read More

Turkish Sultanas Export Figures update…

Pleas find the latest export figure details from our partner Ozgur

CLICK HERE for export figures ( yearly / weekly ) of crop 2014 in PDF format >>Ozgur Export Report – 09.07.15<<ingredients2

As of  04.07.2015, the exported quantity have reached 223.977 mt with an average price of 1.791 usd / ton.

Last year (2013 crop) during the same period of time the exported quantity was 152.232 mt with an average price of 2.550 usd / ton.

On a “weekly basis” , during the Calendar Week (CW) 27, 2015  (last week) ; 4.368 mt was exported with a weekly average price of usd 1.789 / ton.
During the Calender Week (CW) 27, 2014 ;  3.764 mt was shipped with a weekly average price of  2.256 usd / ton.

Enclosed you will find the export figures ( yearly / weekly ) of crop 2014.

date:  Jul 09, 2015 comments:  Comments Off on Turkish Sultanas Export Figures update…
by:  Simon Heather category:  Latest News Read More

Indian Walnut Market Brief Update 7.7.15…

As things now stand, although the crop in some villages was damaged by hail storm during early June, coming 2015 walnut crop is estimated to be an above average and yiwalnuts2eld is expected to be in vicinity of 45000 metric tons on walnut in shell basis, contrasted with 30000 thousand metric tons of 2014 crop.

Domestic consumption is expected to account for about 25000 metric tons on walnut inshell basis, and about 20000 metric tons will be available for export that means about 7000 metric tons in walnut kernels will be available for export.

Prices initially will open at high levels as Indian Christmas (Diwali) is on November 11, 2015 and first supplies will go for domestic festival season. Prices will stabilise in second half of November. Even though the carry over of 2014 walnut crop is about 10 to 15% about 5000 metric tons on walnuts inshell basis, but stockists are not selling their walnut stocks of 2014 crop even when offered realistic prices.

We will offer only during second half of September after the walnut crop is harvested and prices are known from all origins, as no exporter is in position to speculate as we do not know at what prices growers will sell their next crop.  walnuts1


Report received from our Indian Walnut partners Amar Singh

date:  Jul 07, 2015 comments:  Comments Off on Indian Walnut Market Brief Update 7.7.15…
by:  Simon Heather category:  Latest News Read More

July Seeds Market Update…


The current crop is all but sold out in China.055

New crop will arrive about end November earliest this year as the plantings were delayed in Northern China  due to heavy  rain in March/April.

Plantings  have been good this year but  it is too early  to know how the new crop  will look – later in August we will have the  first ideas.

All depends on the weather  in the coming months , demand domestically in China is very  high  especially  for December onwards  for  the New year  celebrations/holidays.

As per  last year some  exporters are worried that Speculators will get involved in the  market again and  we  may see prices move up  again .



Bakery  grade

The market in Bulgaria  has tightened up in the last few weeks as processors  scramble for the last remaining current  crop material  to fulfil their existing contract. We are unable to purchase any more current crop at the moment.

New crop  is expected to be shipped mid/end September this year so we feel that  stocks here and in mainland Europe will be very short until October 15.

A good crop is expected  as plantings were up but demand for oilseed sunflower is also  up so we don’t see any major downward movement in the foreseeable future.


China is still very competitive against USA origin at the moment. Feel prices are currently very  attractive and the fact that a lot of farmers in China have planted pumpkin this year instead of sunflower  may signify that the  sunflower market is near  its  bottom.



Prices in India are quite volatile at the  moment, depending on demand ,recently a large tender from Korea  for 8000 mt of natural sesame  pushed the market back up after  several weeks of it being soft. New crop is not until end October /early November so feel that  prices are not likely to drop much  at least until the new crop tonnage is known in  Autumn.



Both  brown and yellow are historically very low at the moment with plentiful supply. Would suggest  taking cover  at least until October/November 2015.


Hulled  Milletpoppy

Prices a have edged up a bit in the USA with increased demand lately. New crop will not be available until October at the earliest  so advise taking cover.


Poppy seeds

Levels have  stabilised  and supply is plentiful so would suggest taking some  cover  up to October 2015.

date:  Jul 02, 2015 comments:  Comments Off on July Seeds Market Update…
by:  Simon Heather category:  Latest News Read More


California Almond Objective Presentation 2015 <<Click Here

California Almond Objective Report 2015 Release <<Click Here


California’s 2015 almond production is forecast at 1.80 billion meat

pounds, down 3 percent from May’s subjective forecast and down 4almond2

percent from last year’s crop. The forecast is based on 890 thousand

bearing acres. Production for the Nonpareil variety is forecast at 670

million meat pounds, down 6 percent from last year’s deliveries. The

Nonpareil variety represents 37 percent of California’s total almond


The average nut set per tree is 5,874, down 12 percent from 2014. The

Nonpareil average nut set is 5,239, down 14 percent from last year. The

average kernel weight for all varieties sampled was 1.43 grams, down 1almond1

percent from the 2014 average weight of 1.45. The Nonpareil average

kernel weight was 1.61, up slightly from last year. A total of 98.8 percent

of all nuts sized were sound.

With the crop estimated to be smaller than last year and smaller than the subjective estimate, we may see all prices begin firming up by 10-20 cents per lbs in the coming days.

If you have any demand please advise us.  We look forward to assisting you.

Please note, much of the USA will be on a long holiday weekend for our 4th of July holiday.

Report credit of Summit Almonds:

date:  Jul 02, 2015 comments:  Comments Off on 2015 CALIFORNIA ALMOND FORECAST DOWN
by:  Simon Heather category:  Latest News Read More

News from the Californian Raisin Administrative Committee…


For the period of June 14, 2015 through June 20, 2015:

1,320 tons of Natural (sun-dried) Seedless (NS) raisins were delivered to handlers.

1,383 tons of all varietal types were delivered.

1,480 tons of all varietal types were delivered for the same period last year.

300,352 tons of NS raisins have been delivered for the year-to-date. This compares to 360,066 tons of NS deliveries as of this date a year ago.

340,807 tons of all varietal types have been delivered YTD, compared to 400,158 tons in 2013-2014.sunValleyImage

13,766 tons of the NS deliveries for 2014-15 crop year are organic.

2,709 tons of NS are held on memo storage.

1,034 tons of NS are held for reconditioning.

RAC reports may be found at


The RAC May 2015 shipment report of Natural (sun-dried) Seedless (NS) Raisins shows that domestic shipments (including Canada) were 14,626 packed tons, compared to 19,444 tons in 2014 (-25%). Year-to-date domestic shipments are 160,889 packed tons compared to 166,855 tons at this time in 2014 (-4%).

NS export shipments (without Canada) for May 2015 were 8,174 packed tons, compared to 13,051 tons in 2014 (-37%). YTD export shipments are 94,276 packed tons, compared to 119,014 tons a year ago, a decrease of 21%.

NS shipments to all destinations year-to-date are 255,166 packed tons, compared to 285,868 packed tons for last year (-11%).

Top 20 Destinations for May

Natural Seedless

Packed Tons

April Rank Destination Tonnage Previous Rank YTD Tonnage


1 United States 13,936 1 153,276
2 Japan 1,821 2 20,893
3 China 781 3 7,196
4 Canada 691 4 7,614
5 Germany 574 6 6,905
6 United Kingdom 519 5 11,219
7 South Korea 426 7 3,868
8 Malaysia 411 10 2,709
9 Thailand 394 11 2,322
10 Denmark 348 16 2,947
11 Philippines 304 9 2,609
12 Mexico 303 20 3,127
13 Australia 252 (-) 2,426
14 Brazil 243 (-) 352
15 Netherlands 237 12 2,673
16 Taiwan 223 8 4,046
17 Sweden 172 14 3,875
18 Norway 148 18 2,376
19 Indonesia 111 15 1,195
20 Finland 107 (-) 1,215
date:  Jul 01, 2015 comments:  Comments Off on News from the Californian Raisin Administrative Committee…
by:  Simon Heather category:  Latest News Read More