Date: 18th March 2024

International Trade News Update 18.03.24

The Red Sea The latest attack occurred when the crew of a UK-registered cargo ship abandoned the vessel after a missile hit it. No injuries were reported. Legal consequences regarding the rights carriers can claim in war-risk circumstances are also emerging. Many carriers have turned to more force to terminate or modify contracts. In contrast, […]

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Date: 13th March 2024

California Almonds Market Update 13.03.24

In February, California almond handlers shipped over 221 million pounds, marking a decline of 10% compared to the previous year. This drop was primarily driven by a 13.8% decrease in export markets. However, domestic shipments experienced a slight increase of 2.3%. During the same period, handlers secured contracts for 214 million pounds of almonds. Although […]

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Date: 13th March 2024

Chilean Prunes Harvest Update 13.03.24

The recent plum harvest in Chile has marked a significant triumph in terms of exported volume, showcasing an impressive increase compared to the previous season. With a staggering export of 3,300 containers, a notable surge from the 2,600 containers exported in the preceding season, the yield has approximately 71,000 tons of fresh plums. This substantial volume […]

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Date: 12th March 2024

Walnut Shipment Report 12.03.24

In February 2024, California's Walnut industry witnessed substantial growth in both inshell and kernel shipments compared to the same period last year. Let's delve into the details of this report and explore the dynamics driving this surge in demand. February inshell shipments soared to 29.7 million lbs, a remarkable 30% increase compared to February 2023, […]

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Date: 11th March 2024

Seed Market Outlook 11.03.24

Farmers have been blocking border crossings between Poland and Germany, throwing bottles at police in Brussels and gathering in Madrid to demand action on cheap supermarket prices, and unfair competition from abroad. Agricultural ministers from across the European Union pledged to do more to cut red tape and help farmers as they convened in Brussels […]

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Date: 11th March 2024

Almond Crop Progress Report 11.03.24

In terms of almond cultivation across California, a medley of weather occurrences, along with intermittent sunny spells, exerted their influence over the past week. In the Sacramento Valley, the bloom's progress faced a setback due to multiple days of rain and heavy winds. Some areas experienced early morning lows hovering around the mid-thirties (roughly 0 […]

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Date: 8th March 2024

Turkish Apricot Update 08.03.24

In the realm of agricultural exports, February saw a remarkable uptick in shipments, with figures soaring to 6,542 tons compared to the preceding year's 4,671 tons. This accounts for a staggering 40% surge, a statistic that undoubtedly captures attention within the industry. However, the broader picture reveals a nuanced narrative. Year-to-date exports paint a slightly […]

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Date: 7th March 2024

Banana Chips Market Report 07.03.24

In the dynamic landscape of the Philippine banana chip industry, the cornerstone of its success rests upon the meticulous cultivation of Cardava bananas. This unique variety ensures an uninterrupted supply, unrestricted by the constraints of typical seasonal fluctuations. As a result, the Philippines emerges as a reliable figure in the realm of banana chip production, […]

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Date: 6th March 2024

Almond Crop Progress Report 06.03.24

Iberian Peninsula Over the past week, we've experienced significant weather shifts.  An atmospheric river suddenly appeared, bringing with it precipitation and a noticeable temperature drop, returning our climate to the typical range for this time of year. Maximum temperatures now hover between 15-20°C, with minimums dipping below 5°C, and in certain parts of central and […]

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Date: 4th March 2024

Almond Market Update 04.03.24

The favourable weather conditions witnessed in the past week have significantly advanced bloom conditions and boosted bee activity. Sonoras have predominantly transitioned into the jacket stage with the initial nutlet formation underway. While Independence has initially lagged behind, it has now caught up with Nonpareil, both varieties progressing into petal fall and advancing into the […]

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