Post Archive

China's fruit import value rises in Q1 despite volume dip

The volume of fruit imports fell by 12% year-on-year to 1.61m metric tons (MT), but the value rose by 7% to US$3.01bn, with cherries driving the value growth.
June 03 , 2020

U.K.: Police discover US$10.5M of heroin in boxes of fruit and nuts

British police have discovered heroin said to be worth more than £8.5m (US$10.5m) stashed in boxes of fruit and nuts at Heathrow Airport, local media reports.
June 02 , 2020

New date announced for the Agricultural Water Summit

The pioneering event has been moved to Sept. 22, 2020, and will still take place at the Monticello Conference Center and Hotel in San Francisco de Mostazal, Chile.
June 02 , 2020

Agronometrics in Charts: Avocado prices begin to recover as Mexico winds down

Colin Fain analyzes what has been happening in the U.S. avocado market this year and provides some guesses as to what may happen over the coming months.
June 02 , 2020

U.S. lowers ag export and import forecasts amid Covid-19 disruptions

The export estimate for the 2020 financial year has been cut by US$3bn amid Covid-19 and recent reports that China has told state-owned agricultural companies to suspend purchases from the U.S. as tensions flare over Hong Kong.
June 02 , 2020

Hortifrut posts huge Q1 rise in EBITDA

Chile-headquartered berry company Hortifrut has posted a 49% rise in first quarter EBITDA to US$16.8m, driven by increased sales prices and lower operating expenses and other costs.
June 01 , 2020

South African avocado export forecast revised downwards, but demand is strong

Derek Donkin, CEO of industry body Subtrop, said the country is now expecting to send 16 million 4kg cartons overseas, down from the pre-season estimate of 18.5 million cartons.
June 01 , 2020

Camposol posts lower Q1 EBITDA but higher sales

Peruvian multinational produce company Camposol has posted lower EBITDA in the first quarter of the year, but higher sales. The company recorded US$3.7m EBITDA, down from US$6.3m in the same period last year. It said this was mainly the result of lower blueberry volumes during the end of the 2019-20 season. However, total sales rose […]
June 01 , 2020

China's Fruit Expo 2020 moved to September 24-26

PRESS RELEASE Since the COVID-19 outbreak, the Fruit Expo 2020 has kept a close watch on its development, as well as related policies worldwide in order to make sound and scientific assessments of the situation in time. In light of the recent pandemic and the increasing uncertainties in overseas travel, in order to avoid massive […]
June 01 , 2020

GreenTech Webinar Talks: Deep dive into horticulture technologies

PRESS RELEASE Amsterdam – GreenTech continues with the Webinar Talks on 8 – 10 June, the original dates of the GreenTech Amsterdam show. Each day will tackle a different horticulture topic: ‘Autonomous Greenhouse Challenge’, ‘Indoor/vertical farming’ and ‘Medicinal Cannabis’. The webinars are for horticulture professionals worldwide who want to virtual deep dive into horticulture technologies. […]
June 01 , 2020