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As specialists in the supply & distribution of dried & dehydrated fruits, edible nuts and seeds we thought it was about time we started sharing our wealth of knowledge with our customers in a new format. To do this we’ve created a Newsletter that will be distributed regularly and will feature just 3 products at a time (we don’t want to overload you with information). The Newsletter will give you a brief overview of what’s happening in selected markets whilst also featuring “Hot Commodity News”, which is for those commodities that are either changing rapidly or about to.

We will continue to post in-depth market reports on our “News” page but the Newsletter is for those more consistent updates. To sign up please visit our signup page

You can opt out of these if they are not for you buy clicking on unsubscribe button at the bottom of the Newsletter emails.

date:  Apr 25, 2016 comments:  Comments Off on Newsletter Sign Up
by:  Simon Heather category:  Latest News Read More

The Walnut Board of California has released the March Monthly Shipment Report

WALNUTS:

The Walnut Board of California has released the March Monthly Shipment Report:

March  of 2016 compared to March  2015 Shipments- March 2016 shipments were 47,955  Inshell equivalent tons compared to 49,863   Inshell equivalent tons last year. Representing an decrease  of 4%.

Year to date Shipments 2015/2016 vs. 2014/2015 Marketing Year- Inshell Equivalent Tonnage for the 2015/2016 crop is 416,169   compared to 369,726  last year.  Representing an increase  of 46,443  inshell equivalent tons or +13%

Year to date Domestic Shipments- 118,061  Inshell tons , compared to 115,673 inshell tons last year, representing a +3% increase.nuts1

Year to date Export Shipments –  298,107 Inshell tons, compared to 254,053 inshell tons last year, representing a 17% increase

CROP RECEIPTS- Receipts are 600,147 Inshell tons as of March 31st  2016. .  The CASS Crop Estimate was at 575,000 Inshell tons.

New crop.   Very early reports on the crop are that the earliest variety, the Serr’s are coming in very nicely and big.   With that being said, it is way too early to predict the crop size on the new Walnut Crop.

Pricing  –.  All light material, LHP Chandler 20, 40% and 80% has risen in price over the last 2- 3 weeks. The demand for light material and very limited tonnage available has put some pressure on those items and some handlers have moved up their pricing ideas by 20-30 cents.  There is still some light material available, but is being held back for contracts that are already on the books.  The handlers that do not have cold storage have sold the last of their loads and are looking to be done by May or early June.   If you need Chandler material, we would look to book those needs very soon before the HOT summer months in California.

Chile:  Please advise us if you are wishing to inquire on either Chilean inshell or kernels, we can assist you.

date:  Apr 13, 2016 comments:  Comments Off on The Walnut Board of California has released the March Monthly Shipment Report
by:  Simon Heather category:  Latest News Read More

The Almond Board of California has released the March Almond Position Report

ALMONDS:

The Almond Board of California has released the March Almond Position Report with shipments of  +161million pounds compared to  last year’s +190 million pounds for a decrease of 15.3 percent.

Last year, we had a record shipment month due to the resolution of the port slowdown/strike in the west coast of the USA.  This shipment report is considered a good report when compared to the shipments of the past few years.  The shipments of 161 million pounds is the third (3rd) highest shipment month we have ever had.  Most industry experts expected a shipment number of 150 to 160 million pounds.

YEAR TO DATE SHIPMENTS:  +1.153 billion pounds compared to  last year +1.248 billion pounds for a decrease of 7.65 percent.

CROP RECEIPTS:   The crop receipts are now at  1.886 billion pounds. 049

CURRENCY:  The 1 Euro is now at $1.13 dollars.

NEW CROP:  The new crop continues to develop with our excellent weather conditions in California.  Temperatures in March and April have been relatively cool with sporadic rains each week providing excellent growing conditions.  Kernels are developing and sizing at this time.  Industry experts believe the pollinators , Carmel/Monterey/Butte/Padre/Cal varieties ,all look excellent while the Nonpareils are mentioned with some orchards looking good and others looking average.    Industry experts offer various opinions on the new crop being between +2.0 to 2.15 billion pounds.  An unofficial estimate was released today at +2.06 billion pounds.

INVENTORY:  The California packers primarily have larger size Cal/Carmel and Nonpareil varieties remaining inventory.  Most small sizes have been sold already.

PRICING: The market prices have stabilized during the recent weeks.  Many markets have entered and are purchasing for near-by shipments and new crop shipments.  The following markets have all been active in buying: USA, China, India, Europe, and Middle East. The unofficial crop estimate will stabilize the market and most likely firm the market by 5-10 cents per pound.

APRIL SHIPMENTS: Last year shipments were extremely strong as we were still catching up after the port strike/slowdowns in California.  Thus, we expect the April shipments to be slightly  lower than last years.

 

date:  Apr 13, 2016 comments:  Comments Off on The Almond Board of California has released the March Almond Position Report
by:  Simon Heather category:  Latest News Read More

Apricot Update… Turkey 11.4.16

Apricot Update

Exports for March were well ahead of expectations at 6,581 tons compared to 3,953 tons last year, an increase of 66%

Exports year to date are 58,494 tons compared to 36,825 last year, an increase of 59%

Total consumption including domestic is approximately 63,000 tons with total supply at 80,000 tons, leaving 17,000 tons for the last 4 months of the season. It looks tight.

Following three nights of frost during the middle of March, the weather has now settled down to normal. It is unclear how much damage has been done by the frost, with estimates ranging between 30% and 60%,and with another 3 weeks of potential frost risk, it is still to early to put a number on the new crop, but if things go well for the rest of April, then we would expect total availability to be a little ahead of last year.

Prices are expected to remain steady for the remainder of the crop as supply is dwindling, only large sizes are left.
Dogancan Agrimax

date:  Apr 13, 2016 comments:  Comments Off on Apricot Update… Turkey 11.4.16
by:  Simon Heather category:  Latest News Read More

Turkish Apricot Market Update

Please see the below market information from one of our Turkish Apricot suppliers:

During Mid March we had a few serious frost in Malatya . Since the first incident more frost damage news/rumours have been heard from different regions. So it looks that we will be spending April with frost arguments as well. To understand real effects and size of the damage we must see the situation in May with a nice hot weather . Before we see the young fruit on the trees we can never be sure that which areas and which orchards are effected and which ones are good. Some says 20% some say 50% of the crop have been damaged. In fact these rates never make any sense. We are not sure about the size of a healthy unaffected crop so it is not easy to calculate at this stage. 

It looks  that majority of the growers also believe that enough fruit is there. Last week we saw plenty of raw material in the bazaar market and prices has declined. Although Turkish Lira is stronger sale prices compared to two weeks ago have decreased. Yesterday and today the market is more or less balanced. Delivered goods are sold in the bazaar market and growers are not in rush to sell their goods any more. 

Until end of the April we still have additional frost risk.  Today I can say it is very likely that we will have around 100.000 tons of Dried Apricots but it is indeed very early to make any well directed estimation.

From now on until new Crop we expect a a stable market with small fluctuations. Ramadan demand is approaching and we have more than enough big sizes to cover these demands. It is still very difficult to find small sizes and the quality is very bad.

date:  Apr 05, 2016 comments:  Comments Off on Turkish Apricot Market Update
by:  Simon Heather category:  Latest News Read More

Latest developments with the Turkish vine fruit market

On Saturday morning there was frost in several regions. We can say roughly 100 thousand acre (1000m2) was affected severely. This is 1/10 of the total region.

Considering the fact that this an early frost, the vineyards will most definitely give new births. The second births aren’t as  productive as the first ones but most definitely they are going to save some serious part of the damage. National Dried Fruit Trade Association

For the above reasons, we believe the frost didn’t really decrease the quantity of the crop. Other than that yet all looks well.

Due to the very warm weather conditions on February. Vineyards are early. After couple of days of cold weather last week the weather heated up again. So the vineyards are growing on full speed. The risk for frost remains until end of April. Please remember last year frost came 24th of April. And that the late frosts don’t recover with new births.  For the short period ahead we don’t see a risk on the weather conditions.

 

date:  Mar 23, 2016 comments:  Comments Off on Latest developments with the Turkish vine fruit market
by:  Simon Heather category:  Latest News Read More

Walnuts Update received from Empire Pacific

Walnut Carryout Estimates 02-2016 << Click Here

Above you will find attached the latest Walnut report for sales through February.

As we expected February was up significantly March shipments last year were much higher because the dock strike hand ended so March/April/May were up quite a bit last year while shipments resumed back to normal after the dock strike. Also sales were quite strong on Chandler product late last year.

If sales remain at the 13% that we has seen through February 2016 and we continue with more government purchases, the carryout into the 2016 crop year will be about 84,000 tons. Just slightly higher than last year’s 72,000 tons. Overall we should see a very stable market with prices for Chandlers holding near the $3.00 into the new crop. Demand overall has been very good with the lower prices in 2015/2016 crop year.nuts1

Major Market Regional Sales Status

Korea – Sales of Shelled product for the month of February were up 61% over last year’s February shipping period. Increase primarily due to the dock strike that created a large reduction in sales last year. Overall sales are down 20% for the year. In-Shell sales remain flat.

Japan– The Japanese market is strictly a shelled product market. Sales we up 22% for February but remain down 6% for the year. Prices remain very competitive in the market but should see some strengthening due to current shortages observed in the Chandler market.

China– We are seeing a little rebound in the Chinese market. February in-shell sales were up 45% and shelled product up 164%. Overall for the year in-shell is down 40% and shelled product is up 45%. The in-shell market is still 6 times large so reduced sales in this category has a tremendous impact.

Asai Overall –  In-shell sales for the month are up 15%, for the year up 2% . Shelled  for the month are up 29% and for the year up less than 1%.

Europe Overall- In-Shell sales for the month are down 14 % , for the year up 5%. Shelled for the month are up 9% and for the year up 40%

Middle East Overall– In Shell sales for the month are up 21%, for the year up 56%. Shelled for the month are up 82% and for the year  up 76%.

 

Right now the Linden area is pretty much sold out of Chandler product. We have been going to processors in the Northern Sacramento area to find Chandlers. We are only finding one container here and there. It is absolutely moving towards a completely sold out position. Some importers are starting to look at Non-Chandler LHP 20% products. Colour remains very good on the non-Chandler material and is the next best option in light of a sold out Chandler market.

With the reduced availability of California Chandlers , we will be looking at our Chilean partner to market Chilean Chandler product. We will be getting pricing on the Chilean product next week and will advise availability and target prices.

Report received from Empire Pacific Empire Pacific Logo

date:  Mar 22, 2016 comments:  Comments Off on Walnuts Update received from Empire Pacific
by:  Simon Heather category:  Latest News Read More

Turkish Weather – Apricots, Hazelnuts, Raisins & Sultanas

Overnight in the major Turkish growing regions for Apricots (Malatya) and for Raisins & Sultanas (Manisa) temperatures reached worrying levels for the upcoming crops. With further low temperatures forecast tonight for Malatya, Manisa & the Black Sea region (the growing region for Hazelnuts) exporters are already talking up potential damage, thus already talking about HUGE increases in raw material cost. As yet the full extent of any damage is yet to be determined and any figures in the market are merely speculation at this moment in time.

We will of course keep you updated once we receive further information from our partners in Turkey.

date:  Mar 17, 2016 comments:  Comments Off on Turkish Weather – Apricots, Hazelnuts, Raisins & Sultanas
by:  Simon Heather category:  Latest News Read More