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Global Consumption 2010-2011

According to the 2012 estimates, the past 2 years brought a growth in consumption. Currently available data indicates that consumption is reported to have reached 38.5 million MT (farm weight equivalent) in 2009/2010 and 39.7 million MT in 2010/2011 (smoothed figures overs 3 years in order to take account of the inventory effect). So 2010/2011

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Antonino Russo passed away

As an entrepreneur, he was at the head of an industrial empire in the food sector, boasting an annual turnover of USD 300 million. Two years ago, he sold 51% of his AR factories to the Japanese group Mitsubishi. Born 84 years ago in Sant’ Antonio Abate, into a family dedicated to the wine and

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Heinz proposes compensation terms to Ontario tomato growers

More than 40 growers were left in the lurch when the food processor announced it would close its Leamington plant Heinz is willing to pay up to $1.8 million to compensate the 43 Ontario tomato growers it left in the lurch after announcing plans to close the company’s Leamington processing plant. So far, more than

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North Italy: fresh tomato prices!

North Italy agrees to pay 92 € / per MT. for fresh tomato ex-field with a brix of 5, up 6 € from 2013 ! You should login or purchase a subscription to view this content Username or E-mail Password Remember Me     Forgot Password

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New processing season to start mid-January in Cuba

All is following according to the plan, as tomato factories are getting ready to start the new crop. In central Cuba: Unidad de Conservas y Vegetales in Camaguey, a conglomerate of processing companies scheduled their first processing in mid-January. The second plant of Unidad in Camalote – located ̴ 100km east from Camaguey – is

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GreenStar Agricultural closing a new acquisition and entering into a new negotiation…

TORONTO, ONTARIO–(Marketwired – Dec. 16, 2013) – GreenStar Agricultural Corporation (TSX VENTURE:GRE) (« GreenStar » or the « Corporation »), a producer of canned tomato paste (…), today announced that after satisfactory completion of its due diligence it will close the previously announced acquisition of Beichen Tomato Products Company of Bayannur City, Inner Mongolia on January 1, 2014. The

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Chinese exports dropping to record low !

Chinese exports of industrial tomato paste reached only 81 000 MT. over the last trimester (Aug. to Oct. 2013), its lowest level in more than 4 years ! This is 45 % lower than during the same period a year ago ! September’s figure was extremely low at 17 260 MT. of paste and it

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