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Crops volumes & 2017 crop forecast as of Jan 25th., 2017
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California : processors pushing for a drop in fresh tomato price in 2017
Last November, The CTGA conducted an exchange of offers with 8 processors for the 2017 season. The offers range from $ 58.00-$71.00 per short ton for next season, and up to $74.00 for CTGA’s proposal (against $72.50 in 2016). 2017 Base Price / sT 2017 Late Season Premiums / sT 15-21 Sept 22-28 Sept 29
Ketchup squeezed by Brexit as price of a bottle of Heinz tomato sauce rises
Ketchup prices are being hit as Brexit is blamed for families shelling out more for their favourite tomato sauce. For millions who slather their fish and chips or bangers and mash with Heinz Tomato Ketchup are doling out 15% more than last year as a 342g bottle is now £1.45. Research by market analysts Brand
California processing tomato production, acreage to fall dramatically this year
As of January, California’s tomato processors reported they have, or will have, contracts for 11.6 million tons (10.5 million MT) in 2017, which would be the lowest contracted production since 2006. After the record production years of 2014 and 2015, the base inventories are high, contributing to the lower anticipated contracted production. Processors estimate that
TOMATOLAND WORLD PRICE INDEX – DEC. 2016
Products for the industry – crop 2016 Price per Kg, packed in aseptic bag in 220 l. (55 gal) drum – unless otherwise specified Origin 28/30CB 28/30HB* 36/38CB 12/14HB Diced Crushed Italy € 0.780 € 0.800 € 1.020 € 0.440 € 0.390 € 0.350 Spain € 0.750 € 0.760 € 0.950 € 0.400 €
Brazil: increase of the tomato acreage
After 2 years of drops, finally the tomato acreage went up by 1% in 2016. Also favorable weather conditions made possible an average yield of 75T/ha against 70T/ha in 2015. Carry-over stocks will be relatively low, so we can expect a high production volume in 2017 with up to 10% increase in the acreage. Moreover,
Ontario: 2017 commercial tomato crop in peril
Processors representing over 50% of Ontario’s commercial tomato processing have announced they will not contract with tomato seedling producers until the recommendations of the Province’s independent Farm Products Marketing Commission are implemented. « The current system is not economically sustainable » said John Iacobelli, CEO of Sun-Brite Foods « After years of thorough review, the Commission recognized that
PRESS RELEASE – The Tomato Foundation, December 14th, 2016.
New Study May Show that Tomatoes and Tomato Products Improve Blood Circulation. Tomatoes, fresh or cooked can improve blood circulation, boost heart and vascular health and reduce the risk of stroke or deep vein thrombosis. The summary of a recent study claims that just 2 medium size tomatoes or a single serving of 100ml of
TOMATOLAND WORLD PRICE INDEX – NOV. 2016
Products for the industry – crop 2016 Price per Kg, packed in aseptic bag in 220 l. (55 gal) drum – unless otherwise specified Origin 28/30CB 28/30HB* 36/38CB 12/14HB Diced Crushed Italy € 0.780 € 0.800 € 1.020 € 0.440 € 0.390 € 0.350 Spain € 0.750 € 0.760 € 0.950 € 0.400 €
COFCO Tunhe to change name into COFCO TUNHE SUGAR CO.,LTD.
18th of November 2016 the Board of Directors, considered and adopted the following amendment: The company English name to be changed from COFCO TUNHE CO., LTD. into COFCO TUNHE SUGAR CO., LTD. The matter still needs to be submitted to the company in 2016 Third Extraordinary General Meeting for approval. COFCO Tunhe Board of Directors
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