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CALIFORNIA NATURAL SEEDLESS RAISINS – Report received from National Raisin Company

CALIFORNIA NATURAL SEEDLESS RAISINS

Report received from National Raisin Company, USA019

Total industry 2014 crop year shipments for 10 months (August 1, 2014 through May 31, 2015) were down 11% compared to the same period a year ago, but relatively flat compared to the average shipments of the two previous crop years.

  • Shipments to Western Europe were down more, 39% overall; though down only 12% compared to the average shipments of the two previous crop years.

*  For the current crop year, California shipments were down due to the bumper crop and cheap prices from Turkey, as well as the weak Euro.

*   The opposite was true for the 2013 crop year.

  • Shipments to Japan were up 17% despite the weak Yen, due to raisins being used in the burgeoning granola and nutrition bar business there.

Cal Raisins Graph 25.6.15

 

 

 

 

 

 

 

 

 

 

 

 

The California raisin grape crop is developing well.

  • While surface water deliveries have been significantly curtailed, nearly all growers have good access to groundwater.
  • However, growing costs have increased.

*   Digging more and deeper wells

*   Cost to pump and maintain the wells

  • At this point we can anticipate a total supply for the 2015 crop year of around 416,000 short tons vs. 443,000 for 2014. This includes a crop of 300,000 tons for 2015 vs. 305,000 for 2014.
  • Growers are looking to get a greater return this coming season.
date:  Jun 25, 2015 comments:  Comments Off on CALIFORNIA NATURAL SEEDLESS RAISINS – Report received from National Raisin Company
by:  Simon Heather category:  Latest News Read More

California Raisins raw material field pricing may be decided via arbitration!!

Raisins Update

The California RBA has proposed a growers price of $2,000 per ton for this year, this represents an increase of $225 per ton more than last year suggesting a 10 to 12 cents per Lb increase for packed product resulting in a nominal price in the region of $1.20 to $1.25 per Lb FOB. The packers counter proposal was to stick with last years prices.  This was rejected by the RBA on behalf of the growers.

Having failed to reach a compromise we expect the matter will be sent to arbitration, with a Federal Judge deciding the growers price for the 2015 harvest. The last time this occurred the price was not set until well over half way through the season, with packers unaware of their raw material input price for more than half of their years sales until months after they had been shipped. This caused packers to take a cautious approach to pricing, and in the medium term prices may increase as a result.
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The California raisin industry is at a critical crossroads, it is trying to balance paying higher prices to growers to stop them from switching to more profitable tree nuts with keeping California competitive in world markets, with the backdrop of the ever worsening drought.

The shorter crop expected from Turkey this year, and increasing domestic consumption in China of their own material may give them some breathing space. Turkish prices already increased close to Californian prices, with more price increases likely as packers stocks diminish and they are forced to face Turkish growers higher price expectations based on the small crop.

Please let us know if you require any quotes.

date:  Jun 22, 2015 comments:  Comments Off on California Raisins raw material field pricing may be decided via arbitration!!
by:  Simon Heather category:  Latest News Read More

**SPECIAL DISCOUNTED OFFERS… Mixed Dried Fruit & Raw Chip Coconut***

We have some Dried Mixed Fruit and Dried Mixed Fruit with Peel available at a specially discounted price ofozgur

£1.28 per kg

coconut1

Also Raw Chip Coconut is available

£1.92 per kg

Both prices are ex-store, delivery is available at £50 per pallet

Enquiries to 01376 343500 or sales@chelmerfoods.com

(Prices subject final confirmation)

date:  Jun 22, 2015 comments:  Comments Off on **SPECIAL DISCOUNTED OFFERS… Mixed Dried Fruit & Raw Chip Coconut***
by:  Simon Heather category:  Latest News Read More

Sunflower & Pumpkin Seeds Market Update…

Pumpkin Seeds –  Chinaseed3

RAW MATERIAL SUPPLY IS GETTING TIGHTER, PRICES NOT UNDER PRESSURE

The raw material is still scarce on the Chinese market and some packers are already sold out on the GWS kernels till the new crop. The Shine skin kernels have a better availability and are on a bit lower level then the GWS. During April, when stock in origin became less available , Chinese suppliers all raised their prices because everybody was afraid to run out of goods. Now in May we see that packers slowly have lowered their prices and the market is more stable. Of course, prices are still high, but there is still availability of good quality pumpkins in the market.

The expectation for new crop is that a lot of sunflower farmers will switch to plant pumpkin seeds this season. The export demand for pumpkin is high and also the profits are more attractive than for sunflower seeds.

Sunflower Market – Bulgaria

HIGH PRICES FOR NEW BULGARIAN SUNFLOWER CROPseed1

As we are getting near to the end of 2014 crop, stocks getting limited and new raw seeds for hulling getting more rare. We see hardly any offer for current Bulgarian crop. We only see some offer for limited quantities of sunflower kernels chips, which seems a good hedge for for the period until the end of September 2015.

Also important are the weather conditions for the new crop which are poor at the moment. Bulgaria has to deal with less rain. This dry weather ensures that the sunflower plants are behind there growing schedule. Because of these unsure circumstances about new crops quantity and quality we see prices going up very fast. Because of the emptiness / poor availability of the current crop we expect that on the first new crop shipments there will be a tremendous pressure on availability and there fore on prices.

we advise you to be very careful and to be covered until the end of September 2015 at the very least.

date:  Jun 18, 2015 comments:  Comments Off on Sunflower & Pumpkin Seeds Market Update…
by:  Simon Heather category:  Latest News Read More

Ozgur Tarim latest Sultana export figures…

Ozgur advises That as of 13.06.2015, the exported quantity with Turkish sultanas has reached up to 211.166 tons with an average price of 1.791 usd / ton.  VLUU L100, M100  / Samsung L100, M100

 

 

Last year (2013 crop) during the same period of time the exported quantity was 136.920 tons with an average price of 2.580 usd / ton.

 

On a “weekly basis” , during the Calendar Week (CW) 24, 2015  (last week) ; 4.378 tons was exported with a weekly average price of usd 1.795 / ton.
During the Calender Week (CW) 24, 2014 ;  3.590 tons was shipped with a weekly average price of  2.313 usd / ton. 

 

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

>> Ozgur Export Report – 13.06.15 << Click Hereingredients2

date:  Jun 16, 2015 comments:  Comments Off on Ozgur Tarim latest Sultana export figures…
by:  Simon Heather category:  Latest News Read More

Turkish Apricots historical data and market report on upcoming crop 2015…

You can find below last 10 years Average Dried Apricot export figures of Turkey . Details of these figures are available click here>>Apricots Data Last 10 years – World ( 2005-2014 )<<.

We do not have the numbers of Crop 2014’s last two months  yet .

Average World
From August to July next year
Quanity ton Total Amount $ Average Price $/kg
Whole 79.660 255.799.171 3,211
Diced 5.555 15.287.066 2,752
Industrial 11.480 17.235.229 1,501
Total 96.694 288.321.466 2,982

fruit1

 

 

 

 

As you can see on the above chart in an average value of last 10 years Turkey exports nearly 100.000 tons and with domestic market total demand is around 105.000 tons.

In Crop 2014 Season we have the lowest export quantity since Crop 1997 Season. Most  probably we will end up with an export quantity around 50.000 tons at end of July  .  This lowest quantity decrease the average export quantity  of last ten years a lot .

We foresee the Crop 2015 size as 92000 tons ( you can refer to my market report dated 27-05-2015). If we consider Turkey’s average demand ( exports + domestic ) as 105000 tons ,we estimate that  in Crop 2015 season Dried Apricots supply will be smaller than possible demand .

We will start Crop 2015 season with empty warehouses and  supermarket shelfs both in Turkey and importer countries. We do not expect any significant carry over from old crop to new crop  ( You can refer to my market report 13-05-2015 ) . Remaining quantity will be very poor quality and  for sure not for human consumption

Normally , we  see New Crop Dried Apricots in the market during mid July but this  season we expect intense new crop delivery to the market during mid August . This will create an important shortage at the begining of the Crop Season .

Closing prices of Crop 2014 wil have an influence on Crop 2015 prices . Growers will be reluctant to accept any lower prices  .

World’s biggest Dried Apricots market and Turkey’s second biggest Export partner is Russia. Middle Asian Countries Uzbekistan , Tajikistan , Kyrgyzstan are the  main supplier of this gigantic consumer.028

Due to the severe frost damage , Uzbekistan , Tajikistan and Kyrgyzstan lost majority of their Apricots crop  . According the news we receive from that part of the world , the effect and size of the frost is as big as frost in Malatya in march 2013 which left Turkey without any fruit in Crop 2014 season.

Usually Russia imports around 15.000 tons of apricots from Turkey in a Crop Season  and much more than this amount from other sources .We expect that Russia will import minimum  its usual quantity from Turkey this season  as there will be no alternative sources .We beleive that Turkey will also receive additional demand from other countries like Ukraine , Belarussia etc .

If we consider that Turkey is almost the only Dried Apricots supplier in Crop 2015 season and its Crop is not even enough for its traditional markets , possibility of high prices during entire season is more than possibility of low prices .

Despite of above pessimistic indicators currency rates  may help us to lower our export price offers . Turkish lira is weak and  it is very likely that will lose further value by the help of FED and unstable political situation .

date:  Jun 16, 2015 comments:  Comments Off on Turkish Apricots historical data and market report on upcoming crop 2015…
by:  Simon Heather category:  Latest News Read More

Turkish Hazelnut Market Info 15.6.15

TURKISH HAZELNUT MARKET

“Powdery mildew” in hazelnuts: Chamber of commerce in Altinordu, Metin Akyurek, said that it is very likely there would be loss in 2015 hazelnut crop since it is affected by “powdery mildew” disease that is white, powdery spreading patches of fungus on upper or lower leaf surfaces, flowers and fruit. Akyurek said that cold and rainy weather as well as high level of humidity during past one moth in Black sea region fastened the progress of this disease. According to Turan Karadeniz from Agricultural Department of University of Ordu, farmers should apply relevant chemicals in order to fight with the disease as soon as possible. Hazelnut crop matures gradually; this disease may cause immature nuts falling as well as post-harvest problems. Plant Protection Central Research Institute and General Directorate of Agricultural Research in Ankara also courage farmers to take the necessary steps to fight with the disease. (Source: hurriyet.com.tr)

PRICES047

Fluctuations in hazelnut prices at local level continue this week. Turkish hazelnut prices edge upwards in lira terms. On the other hand, Turkish lira is 4% weaker against the US dollar following this weekend’s election results that is not allowing forming a single-party government.

EXPORT

As the month of May, the 2014 season of exported hazelnut kernels the total amount of reached 177.923,0 MT and $2.247.066.906- Last year at this time the amount of exported hazelnut kernels were 214.815,3 MT and $1.550.339.178 (Source: iib.org.tr)

date:  Jun 16, 2015 comments:  Comments Off on Turkish Hazelnut Market Info 15.6.15
by:  Simon Heather category:  Latest News Read More

Californian Raisins Carry out estimates down sent to us by Fresh Pacific…

Exports are trending down at 21% and overall the sales are down 11%. With the reduced crop size the July 31, 2015 carryout should be about 100,000 tons. This carry out is about 23% less than last year which will give a good balance start to the 2015 crop.ingredients1

Packers appear to be more inclined to maintain the same grower price as last and very dedicated to firming up their selling prices. The 2015 crop does appear to have more mildew and mold problems created by the high humidity and light rains that occurred in May. Not enough rain to put a dent  in the drought but enough to be a nuisance for growers. We are recommending to several of our suppliers to continue purchasing 2014 crop for it may be a better quality overall than the early  2015 crop. The 2015 crop is still being projected to be over 300,000 tons. The wineries have advised growers that they have no interest in raisin varietal grapes from the approaching crop. This will put more acreage devoted to raisin production and offset the impact of the pullouts that were executed this year.

You will see in the report that there is a significant amount “Other Seedless” that will be carried into the 2015 crop year. We do expect to see some good pricing for this type of raisins. Possible price levels could be well  below $1.00 for this type of raisins.

 

                                   RAISIN INDUSTRY POSITION REPORT
                               Month: April 2013/14 and 2014/2015
NTS NTS DIPPED DIPPED GOLDEN GOLDEN ZANTE ZANTE OTHER OTHER
13-14 14-15 13-14 14-15 13-14 14-15 13-14 14-15 13-14 14-15
Packer Inventory 1 August 132,407 138,215 1,576 1,341 4,917 7,116 2,353 1,858 4,107 5786
USDA Certified Deliveries to Processors 16-May 345,684 298,017 5,050 3,907 21,228 19,034 2,651 3,069 10,045 13793
USDA Certified Deliveries to Processors  July 31 19,109 tba -125 tba 174 tba 234 tba 424 tba
Total Available Inventory 497,200 436,232 6,501 5,248 26,319 26,150 5,238 4,927 14,576 19579
Sales through May 31 31-May -285,868 -255,166 -2,258 -1,854 -14,883 -16,420 -2,493 -2,058 -7,399 (7683)
Processing Losses -17,152 -15,310 -135 -111 -893 -985 -499 -412 (444) (461)
Total Available Inventory May 31 31-May 194,180 165,756 4,108 3,283 10,543 8,745 2,246 2,457 6,733 11,435
Additional Sales through July 31 31-Jul -59,718 tba -1,297 -2,746 tba -380 -1,004 tba
Processing Losses -3,583 tba -78 -165 tba -76 -60 tba
Total Available Inventory July 31 31-Jul 130,879 tba 2,733 tba 7,632 tba 1,790 tba 5,669 tba
date:  Jun 15, 2015 comments:  Comments Off on Californian Raisins Carry out estimates down sent to us by Fresh Pacific…
by:  Simon Heather category:  Latest News Read More

May Almond Shipments +139.6 million lbs *Position Report*

*Special Price available for end June arrival – Californian Carmel Supreme Natural Almonds 25/26 – Can offer at £7.50 per kg* 

 

YEAR TO DATE SHIPMENTS:   +1.539 Billion pounds compared to  +1.652  billion pounds last year for a decrease of 6.83%.almond2

CROP RECEIPT:   Are at  1.886  billion pounds and last year was at 2.007 billion pounds for a decrease of 7%.

NET NEW SALES: The new sales during the month of May were 105 million pounds.

OVERALL: Crop is down 7% and shipments are off 6.83% so both are basically in balance at this time.

JUNE SHIPMENTS:  The shipments look slightly stronger than last year at this time.

CURRENT CROP:  With the continued strong shipments our ending carry out continues to be depleted.

NEW CROP:  The Objective Estimate will be announced on July 1. Most are predicting a crop in the range of 1.85 to 1.90 billion pounds. Chris Wilding

 

The Almond Board released its May 2015 Industry Position Report today, shipments for the month were 139.6 mil lbs versus 143.7 mil lbs in May 2014. Uncommitted inventory is 290 mil lbs versus 329 mil. US shipments were down, 52.35 versus 54.64 mil lbs. Exports were 87.25 mil vs. 89.1 mil.. India (7.46mil vs. 5.96 mil) and China/Hong Kong (3.14 mil vs. 2.73 mil) continue to be strong. Europe was slightly down (-6%) and the Middle East (+3%) was slightly up.

Current Crop: In the past month sellers have become more aggressive on large size NP and Carmel’s, currently offers for 20/22 and 27/30 (if you can find them) are separated by .03-.05/lb. Domestic, Middle East and European markets have been inconsistent, as buyers only cover exactly what they need to get through to new crop. India has finally slowed down, as the high shipping figures we have seen for the last 3 months shipments make their way into the local markets. China/Hong Kong has been the exception, as buyers attempt to purchase what little remains of inshell inventory.

New Crop: Demand is strong from all major markets with limited offers from CA as fear over water availability and inconsistent NP crop increases. Recent trades on new crop are at or slightly above current crop levels.

Moving forward, much like last year, we expect offers to continue to “trickle” out through the fall,  as sellers avoid offering larger blocks. This is to the dismay of large users who prefer to contract large quantities at one price, rather than patch together smaller quantities at varying prices throughout the year. This behaviour could cause prices to remain firm for the foreseeable future.

Position report  http://www.almonds.com/sites/default/files/content/newsletters/attachments/2015.05posrpt.pdf

For all almond enquiries please contact chris@chelmerfoods.com

date:  Jun 12, 2015 comments:  Comments Off on May Almond Shipments +139.6 million lbs *Position Report*
by:  Simon Heather category:  Latest News Read More