Today's Headline

Argentine lemon export forecast reduced overall, but big increase to U.S. expected

After regaining market access to the U.S. in 2017, Argentine lemon exports to the U.S. have shown an upward trend, rising from 10,640MT in 2018 to 33,963MT last year.
June 22 , 2021

Peru: Avocado campaign 'behind schedule' as export forecast inches up

Peru is expecting to export 473,000 metric tons (MT) of Hass avocado in the 2021 season, which would represent an increase of 29.2% compared to the 366,000MT shipped in the previous season.
June 21 , 2021

U.S.: Rising inflationary pressure increases produce dollar-volume gap

Early on in the pandemic, fresh produce experienced deflation with volume outpacing dollar growth, but deflation switched to inflation starting in the third quarter of 2020 and dollar gains have tracked above volume gains ever since.
June 18 , 2021

U.S. fruit imports grew by a quarter in April to hit new record

Almost all major fruit categories saw increased imports year-on-year in April, with the value of trade passing the $2 billion mark for the first time.
June 17 , 2021

California warns farmers about water cutoffs as hot, dry summer looms

The seriousness of California’s drought is being driven home to thousands of farmers in the Central Valley, with new restrictions being implemented this week as a hot and dry summer looms.
June 16 , 2021

U.S. retailers plead with Biden to fix port congestion that has upended supply chains

"The supply chain disruption issues, especially the congestion affecting our key maritime ports, are causing significant challenges for America's retailers," Matthew Shay, the National Retail Federation's president and CEO, said in a letter.
June 15 , 2021

Global grape trade volume to hit record in 2020-21 as industry clears "multiple hurdles"

In addition, if forecasts are realized, this year could also mark the first time Peru surpasses Chile in production, the USDA report said.
June 14 , 2021

Mission Produce boosts Q2 EBITDA amid volume uptick

Mission Produce has posted strong financial results for the second fiscal quarter of 2021, with revenue, net income and EBITDA all seeing increases following a sharp uptick in volume.
June 11 , 2021

Calavo boosts Q2 earnings following record avocado volume

While avocado volumes were 9 percent higher than the prior-year period, total revenue was impacted by the lower average selling price of avocados in the company’s Fresh segment, which resulted from increased supply from Mexico.
June 10 , 2021

European Commission clears Dole-Total Produce combination

The European Commission has granted its clearance for the combination of Dole Food Company and Total Produce, moving the entities closer to creating the world's largest fruit and vegetable company.
June 09 , 2021