Market Reports

  The tomato crop is facing severe problems in the Mediterranean basin but also in California, representing together more than 65% of the world production : SPAIN : down 20 % ? A very wet winter followed by an exceptionally rainy spring made it very difficult for Spanish farmers, especially in Extremadura, to prepare the fields for

2012 Crop final figures : –  CALIFORNIA and North America : the total 2012 crop has reached 11.5 Millions MT. of fresh tomatoes in California, up 4.5 % from 2011 and quite close to the initial contracted volume of 11.7 Millions MT. This “second largest crop ever” was achieved thanks to an astonishing yield of 109

RED ALERT   News from the crop :   •  CHINA : •  Heavy rains and floods have destroyed a wide part of the crop in Inner Mongolia, the second largest tomato growing zone. Losses amount between 50 and 80 % according to reliable local sources. •  The situation in Xinjiang has been better althoughfarmers face

The Portuguese tomato industry, whose campaign takes place in August and September, hopes to maintain the « high degree of competitiveness » which makes it the second most profitable in the world, said an industry source. « Despite the difficult times for the Portuguese economy, we hope to maintain the high degree of competitiveness, quality, innovation and development

From Beijing, our EXCLUSIVE MARKET REPORT ON CHINA World Tomato Congress – June 2012 1- Market situation : Huge drop in production ! The stocks as of beginning of June 2012 stand around 420 000 MT. of tomato paste mainly in the hands of the large processors. Based on recent figures (see hereafter), such inventories

We finally received from the World Tomato Council the final figures for the 2011 pack as well as the early projections for the coming 2012 crop. Let’s have a look at these comprehensive figures, region by region. EUROPE : facing large inventories of unsold paste despite a new production cut ! Europe (European Union countries