Today's Headline

Vanguard on supply chain challenges: “Where in the world is my container?”

"Getting a carrier to even go to SE Asia from Peru is almost impossible. If you can convince the carriers, you are looking at a 60+-day transit period instead of 32 days. You have containers arriving in China with Peruvian grapes, for example, that were harvested up to 3 months ago", said Vanguard International USA President Tim Clarke
May 02 , 2022

Chile expects drop in citrus exports 

Drought in growing regions is affecting volumes of the main citrus crops, with the exporters association warning that logistics and disruptions related to the war in Ukraine will also take a toll on results for the season.
April 25 , 2022

Dip in reefer rates between North Europe to Far East

The long term market for refrigerated containers has seen its first easing in rates for routes between Northern Europe and the Far East.
April 19 , 2022

East Coast port congestion now worse than West Coast

There are now double the number of ships waiting off two key East Coast ports than Los Angeles and Long Beach.
April 13 , 2022

USDA lowers Florida orange harvest outlook, expects 28 percent drop

The USDA slashed its forecast for the Florida citrus crop by a good 3 million boxes in its latest update.
April 11 , 2022

Private equity firm acquires Save Mart

Save Mart has 200 stores under its different brands and has been highlighted as a leader in the food retailer sector.
March 28 , 2022

Mexican table grape harvest expected to grow 19.5%

The shift in varieties has resulted in more spread throughout the season, which is expected to extend past the July 4th holiday in the U.S.
March 25 , 2022

Cornell, Sun World launch two new table grape varieties 

An "ultra-early ripening green seedless grape variety with a sweet Muscat flavor and firm crisp texture” and  a “midseason ripening red variety with large berries and a tropical aroma with overtones of mango” are two new grape varieties to hit the market.
March 23 , 2022

Mexican avocado volume to be impacted through Q2 but pick up later in year

Mission Produce executives speaking on a recent earnings call provided some insights into their expectations for the U.S. avocado market and emerging supply regions.
March 15 , 2022

Peak season for California Strawberries expected in second half of March

The harvest should start earlier than in 2022 and with greater fruit volumes as well.
March 14 , 2022