GLOBAL MARKET OVERVIEW GARLIC
2023-12-22 00:00
As we come to the end of another year, the global garlic market finds itself in a rather tricky situation in many countries. In the Netherlands, garlic prices reach an 'all-time high,' driven by quality issues in Spain and a reliance on more expensive Chinese imports. France faces high prices
read more
read more
Supermarkets in Ukraine have swiftly updated price tags for onions: how much do they cost?
2023-12-22 00:00
In December, onion prices noticeably dropped, with producers selling their products for 0.24 to 0.36 euros/kg at the beginning of the month. This marked an average decrease of around 16% compared to previous months. Additionally, the cost of vegetables has halved since December 2022.
read more
Mango exports from Brazil expected to hit record high in 2023
2023-12-22 00:00
Brazilian mango exports are poised to break records in 2023, primarily thanks to increased output in the state of Bahia. According to the Center for Advanced Studies in Applied Economics (Cepea), the volume of exports registered until October was 19% higher than last year.
read more
Grape pricing to stay firm until more imported fruit arrives
2023-12-22 00:00
Grape supply in North America has largely transitioned over to imports.
read more
United States will likely remain Peru’s top export partner
2023-12-22 00:00
FAS Lima forecasts Peruvian mandarin/tangerine production at 545,000 metric tons (MT) for marketing year (MY) 2023/24 (March 2024 to February 2025), a decrease of one percent compared to the previous year. Lower yields driven by above average temperatures and other potential adverse weather
read more
read more
Oxbo acquires Westside Equipment Co
2023-12-22 00:00
Oxbo is expanding its presence and product portfolio by acquiring Westside Equipment Company in Madera, California. The acquisition is designed to strengthen and enhance Oxbo’s global fruit business segment, to deepen Oxbo’s presence in California, and to support Oxbo’s mission to be the
read more
read more
'Berries beat bananas in the global trade'
2023-12-22 00:00
During the final berry event of 2023, called “Berry Market 2023”, organized by the association of berry growers of Moldova “Pomuşoarele Moldovei”, FAO economist Andriy Yarmak presented an assessment of the state, trends, and development prospects of the global berry market. According to
read more
read more
“We will be around 65% down on the early varieties, mid-season varieties may also be down"
2023-12-22 00:00
Initially Chilean cherry growers were expecting a good season with good volumes of fruit, but rain in November put paid to that. The country also saw floods through the winter which they were not accustomed to.
read more
"Geopolitical instability, with different open international conflicts, continues to mark the situation that the agri-food sector is suffering. Many legislative controversies from Brussels continue to affect agricultural activity. In addition, there was a lot of uncertainty due to water issues
read more
read more
Judy Louie Brown pulled off a memorable Christmas prank on her dad, shared on X (formerly Twitter). She devised a playful yet diabolical scheme involving Ferrero Rocher chocolates and Brussels sprouts. Embracing the Christmas spirit of fun and inner child-like antics, Brown carefully unwrapped
read more
read more
A brand new vessel built by Shanghai Waigaoqiao Shipbuilding, a subsidiary of China State Shipbuilding Corporation, for One Ocean Network, has just departed from Cape town, and is en route to Rotterdam.
read more
Banana industry in Ecuador is slow to sign contracts for 2024
2023-12-22 00:00
As the year is nearing its end, the Ecuadorian banana industry stands at a crossroads. The looming December 31st deadline for producers and exporters to sign contracts for the 2024 exports is fast approaching. However, the pace of adherence to the process remains sluggish.
read more
CMA CGM announces new Panama Canal surcharges
2023-12-22 00:00
CMA CGM, a French container shipping firm, has revealed new surcharges for several global routes via the Panama Canal. The company will specifically apply a surcharge of US$150 per Twenty-foot Equivalent Unit (TEU) for all cargo categories. This charge will be effective from January 12, and it
read more
read more
Drewry’s World Container Index increased by 9% this week
2023-12-22 00:00
Drewry’s World Container Index increased by 9% to $1,661 per 40ft container this week.
read more
Eating 12 grapes at 12 o'clock at night on New Year's Eve goes viral
2023-12-22 00:00
The New Year's Eve tradition of eating grapes for good luck, popular in Spain and Latin America, is going viral on TikTok. Originating in 19th-century Spain, the custom involves eating 12 grapes at midnight, with each grape symbolizing good luck for one month of the coming year.
read more
Kerala grower has over 250 varieties of bananas on his farm
2023-12-22 00:00
According to Nishanth K., a banana farmer from Kerala’s Wayanad district, every district in Kerala has its favorite banana. Nishanth himself has over 250 varieties of bananas on his farm. His farm is something of a museum of bananas, showcasing rare varieties from across the globe. There is
read more
read more
"It is mango peak season, and the demand for fresh-keeping packets at retail level has increased”
2023-12-22 00:00
It is the peak season for mangoes. The demand for Brazilian mangoes is strong this season, but the supply is limited due to the hot weather. Peruvian mangoes face weather challenges and low-priced competition from Brazilian mangoes, which has impacted exports. Fragmented supply and logistics in
read more
read more
"Our expectations remain high for the season ahead"
2023-12-22 00:00
For Egyptian citrus exporters, the Red Sea crisis is casting a shadow over the season. The most worried are those specializing in the Asian market, for whom the passage of ships through the Bab Al Mandab Strait is essential. Mahmoud Elmedany, Globagro's Export Manager, is nevertheless optimistic
read more
read more
Industry body Fresh Markets Australia (FMA) appointed directors at their annual general meeting on November 28. Shane Schnitzler was unanimously re-elected as Chairperson. Additionally, Carlo Trimboli of Freshmark was named the new Deputy Chairperson. This appointment follows Hamish Montague’s
read more
read more
Steps urged for export of bananas to Central Asia
2023-12-22 00:00
The potential for exporting bananas from Pakistan to Central Asia was the focus of a workshop hosted by Sindh Agricultural University in collaboration with the Pakistan Horticulture Development and Export Company (PHDEC). Agricultural and economic experts at the event stressed the importance of
read more
read more