Today's Headline

Fresh Del Monte exec "not so optimistic" about European banana market

Mohammad Abu-Ghazaleh says Northern European banana buyers are now showing a preference for second grade fruit, while in Germany prices are 'below cost'.
July 29 , 2015

Exchange rate favors crop conversion and fruit industry investment, says Chilean nursery group

With the Chilean currency now at 665 CLP to the dollar, growers can take care of delayed investments in their own competitiveness, says Jorge Valenzuela.
July 29 , 2015

U.S.: Fresh Del Monte stays the course in Q2

Melon, pineapple and tomato sales were down for Fresh Del Monte in the second quarter, but strong performances in bananas and fresh-cut foods kept results stable.
July 28 , 2015

China: WeChat, Taobao sellers market bogus 'Chilean' cherries online

It's not just fake Taylor Swift merchandise that has appeared on Chinese e-commerce sites lately, with fraudulent 'Chilean' cherries now pitched to consumers as well.
July 28 , 2015

"Nasty" fungus slows Indian mango exports in 2015

Despite setbacks this year, an Indian mango industry leader remains philosophical about the sector's export future.
July 28 , 2015

Canadian produce industry welcomes NDP's produce payment protection pledge

If elected, Canada's NDP leader Thomas Mulcair has promised to protect payments between produce buyers and sellers in a scheme similar to PACA in the United States.
July 24 , 2015

Australia: Costa Group shares disappoint on opening trading day

The much-anticipated stock market float of Costa Group fell flat today, with the share price falling 4.4%.
July 24 , 2015

U.S. Appeals Court orders SEC to release Chiquita's Colombian paramilitary payment files

A National Security Archive analyst says the public will now be able to see "what might be the most important document collection ever assembled on corporate ties to terrorism".
July 23 , 2015

U.S.: CDFA adds 87 square miles to Los Angeles HLB quarantine zone

With four cases of citrus greening now confirmed in San Gabriel, a Los Angeles quarantine zone has been expanded by state authorities.
July 22 , 2015

Australia: Costa Group IPO expected at lower end of price range

The Australian reports the Costa Group IPO has received several large orders from the U.S. and the U.K.
July 22 , 2015