Dole cuts IPO price range, now targeting $1.7B valuation

Total Produce shares in London were down sharply on Wednesday morning following the news, which will reduce the new company's valuation from $2.1 billion at the top end of the range.

July 28 , 2021

U.S. late summer mango imports to be lower

The group said shipments from Latin American supplying countries between week 29 and 36 are set to be 13 percent lower year-on-year, with arrivals expected from week 30 to 37.

July 27 , 2021

EU avocado market seeing steady volumes this summer

The avocado volumes from sourcing countries will remain stable, and the size curve will slowly flatten, Konst said.

July 26 , 2021

First U.S. blueberries arrive in China after market access granted last year

The blueberries in Pagoda's three-pallet inaugural shipment were grown by Norris Farms in the Umpqua River Valley in Oregon and sent to China by air freight. They were supplied by Washington State-based Superfresh Growers.

July 23 , 2021

U.K.: Covid app ‘pingdemic’ blamed for empty supermarket shelves

The app 'pings' users if they have recently come into contact with someone who has tested positive for the virus, asking them to self-isolate. But the app has been criticized for being too sensitive, with more than 600,000 people 'pinged' last week alone.

July 22 , 2021

South Africa's citrus markets to see "very little impact" as port gets back to normal - CGA

CGA CEO Justin Chadwick said the situation has significantly improved over recent days and that it's "absolutely astonishing" how quickly Durban port has been able to get back to full operations.

July 21 , 2021

U.S. states struggle with more extreme heat as UFW urges more protections

The U.S. West experienced yet another heatwave this past weekend causing further challenges for farmers, as United Farm Workers urged greater protections for laborers in Washington.

July 20 , 2021

Dole announces launch of Initial Public Offering

Dole plc, a newly created company formed for the combination of Total Produce plc and Dole Food Company, Inc., has launched the roadshow for its initial public offering of 26,000,000 ordinary shares

July 19 , 2021

U.S. table grape production on track, pricing could change

John Pandol told FreshFruitPortal he will be watching retail pricing and whether this inflationary period will eliminate the US$0.99/pound ad from merchandising plans.

July 16 , 2021

South Africa: Maersk shuts key operations, port operator declares force majeure

The violence, looting and arson continue to bring major disruption to key logistical infrastructure in South Africa, as the government says it plans to deploy up to 25,000 soldiers.

July 15 , 2021