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Global peach and nectarine supplies to contract in 2020-21

World peach and nectarine production is forecast down 1.1 million metric tons (MT) to 21m MT in the 2020-21 season as adverse weather conditions impact output in top producers China and the European Union. 
September 23 , 2020

FDA announces "major milestone" FSMA rule

Frank Yiannas, Deputy Commissioner for Food Policy and Response, said the FDA has proposed a new rule that lays the foundation for the end-to-end food traceability across the food industry.
September 23 , 2020

Mission Produce sets IPO terms, could see US$1.2B valuation

Mission Produce has set the terms of its initial public offering, in which the California-based avocado company is looking to raise up to $159.38m.
September 23 , 2020

"Breakthrough" in accelerating the breeding of TR4-resistant banana varieties

Significant progress has been made in accelerating the development of banana varieties with resistance to the Fusarium fungus.
September 23 , 2020

Agronometrics in Charts: Honeycrisp apple prices spike

At the start of the year, we asked whether Honeycrisp apples' reign was over in the U.S. market. This week, however, we're going to look at how over recent months the variety has been able to maintain a significantly higher average price than others.
September 22 , 2020

Chilean blueberry industry forecasts stable export volumes

The Chilean Blueberry Committee chatted with us about expectations for the 2020-21 season, including ongoing market development, varietal reconversion, and prioritizing quality over quantity.
September 22 , 2020

Wall Street is set to start trading in a new commodity - water

CME, which operates the Chicago futures exchange, last week said that it would begin trading the world’s first futures contracts for water, tied to prices in California.
September 22 , 2020

GoldenSun Insights announces change of ownership

The company supports clients with marketing and business development, successfully working with such produce brands as Sunions onions, Opal apples, and Lori Anne Peaches.
September 21 , 2020

U.S. announces new $14B farmer aid, expands eligible specialty crops

The U.S. Agriculture Department has released details of a second round of Covid-19 aid for farmers, which will pay up to US$14 billion to growers of major crops.
September 21 , 2020

California Giant strengthens executive team

California Giant Berry Farms has welcomed two produce veterans to its executive team - Jay Brown as Chief Financial Officer and Alan Ediger as Vice President of Sales.
September 21 , 2020