With a privileged position to export to the Northern Hemisphere and a great market window that allows it to dominate the grape market, Peru continues to build its reputation as an agricultural powerhouse.
At a time of significant supply growth and climatic and logistical challenges, Chile and Peru, two grape production and export powers, have decided to join forces to strategically address the global industry's reality.
The Brazilian industry is now awaiting the official announcement to begin exports.
Vanguard International Group Peru Sales and Procurement Executive, Fanny Robles, addressed the main trends, challenges, and opportunities for Peruvian grape exports in a recent seminar.
This year, the sector expects promotable volumes from June through the beginning of January.
Peruvian table grape industry are expecting a season with more abundance of table grapes, which is why prices will go back to normal.
The sector is looking at a total production of 62,5 million boxes, according to Frutas de Chile’s last industry survey. If realized, this would mean a 4% increase over earlier projections, which put production at 60 million boxes.
Under the terms of the acquisition, Four Star Fruit has exclusive rights to all brands, trademarks, and DNA associated with the Holiday® variety.
Last year, production reached 72 million boxes. Kathleen Nave, president of the California Table Grape Commission, said the last time the crop was under 75 million boxes was 1994.
Global fruit company Sun World International, LLC, said Wednesday that it successfully stopped fraudulent activity on the social media platform TikTok in China. "Recently, Sun World became aware of unauthorized individuals attempting to misrepresent the company on TikTok, falsely claiming association with Sun World and promoting fraudulent services under the guise of providing technical support […]