French supermarket giant Carrefour expands in Taiwan amid China retreat

French supermarket giant Carrefour announced on Tuesday that it will pay €97 million (US$108m) to take over hundreds of store in Taiwan by the end of the year.

June 03 , 2020

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

June 01 , 2020

Southern Hemisphere's citrus exports forecast up 12%

The World Citrus Organization has forecast exports from six key countries at 3.5m metric tons (MT) despite a 3% dip in production to 8.4m MT amid strong demand stemming from the Covid-19 pandemic.

May 29 , 2020