New government of Argentina devalues peso by more than 50%
2023-12-14 00:00
As part of a package of large-scale spending cuts, Argentina has devalued its currency by more than 50% . This is intended to address the country’s worst economic crisis in decades. The plans, introduced under the newly inaugurated administration of Javier Milei, include cutting energy
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According to a recent analytical report by Research and Markets, the organic vegetable farming market is set to increase from $8.69 billion in 2023 to $9.12 billion in 2024, boasting a Compound Annual Growth Rate (CAGR) of 4.9%. This consistent growth is expected to persist, with the market
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Dutch company warns against Danish defaulter
2023-12-14 00:00
The Dutch company Vita-Verde wants to alert colleagues in the fresh produce sector to be cautious when doing business with Moussa Mudi Frugt og grønt c.q. MFG from Denmark.
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Table grapes from Brazil to serve the global grape market
2023-12-14 00:00
ARA Agrícola, a traditional producer of high-quality table grapes, is redefining standards in grape cultivation and supply. With an annual production of 12,000 tons spread over an area of 270 hectares, the company stands out for supplying fine table grapes all year round, serving demanding
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The Assembly of European Horticultural Regions (AREFLH) and AREPO call on the Council of the EU before the trialogues on the regulation on packaging and packaging waste. The two organisations set out their concerns in a joint letter sent on 13 December to the EU's permanent representatives for
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New range of ready-to-pick microgreens for supermarkets
2023-12-14 00:00
Bioplants, a French company specializing in potted aromatic herbs, has now launched its Inouï microgreen range in supermarkets. Marketed since October 2023, Inouï microgreens are currently on sale in the fruit and vegetable aisles of supermarkets in western France (U stores in Brittany and
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Fresh apple stocks in Moldova by the end of December 2023 will be lower than expected
2023-12-14 00:00
As EastFruit reported a few days ago, despite global apple deficit, exports of these fruits from Moldova remained critically low even before Russia introduced its complete ban on Moldovan produce imports. Consequently, apple prices in this country remain rather low although there has been a
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Onion supply doubles as new harvest hits Bangladesh market
2023-12-14 00:00
Traders and farmers have significantly increased the supply of newly harvested onions in response to high market prices, anticipating continued profitability. This influx of new onions has doubled the supply in both wholesale and retail markets within a single day. The rapid increase in supply
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'Turkish pears were already overripe here and there'
2023-12-14 00:00
Turkish Santa Maria, Italian Abate Fetel and Santa Maria as well as Dutch Conference and Xenia formed the basis of the range. The imports from Turkey had already matured too far in some places, which is why sales were slow from time to time. Although availability was limited overall, this was
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Ukraine is witnessing a surge in imports of fruits and vegetables from Turkey due to the Polish border blockade.
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This year's Brussels sprouts supply is not particularly large in the Netherlands. "Nationally, growers are harvesting about a third less. That's mainly due to the dry summer, but the wet fall didn't spur further growth. In fact, some fields were completely lost," says André Noordhoek of
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Will mango consumers continue to opt for the Peruvian product if prices continue to rise?
2023-12-14 00:00
The director of BeeFair Organic Peru, Yesy Lalupu, stressed that the current production shortage has led producers to focus on maximizing their income, prioritizing the harvest of mango that is exported by air, which is paid at almost twice the price as the mango that is shipped out by sea.
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Roasted chestnuts are traditionally a big seller at Christmas markets. However, this year, the Italian campaign has been particularly sluggish. "The goods have been extremely scarce and expensive since the start of the season," says Rainer Simon, Italy specialist and Managing Director of
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On December 12, the fruit trade association invited all companies operating at the wholesale market to a public event. They unanimously rejected the plans of investor Büschl for a new building on Schäftlarnstraße. "We believe it is very important that not only the fruit trading companies
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High prices for seeded grapes trigger demand for seedless grapes ahead of New Year's Eve campaign
2023-12-14 00:00
Ahead of the New Year's Eve campaign, table grape prices in the Spanish market are expected to be higher than last year. It is the result of a drop in the volumes of the traditional seeded Aledo grapes produced domestically, as well as of the seedless grapes from Peru. In these circumstances,
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"Overlap in Peruvian grape supply, will translate to less volume in the second half of the season"
2023-12-14 00:00
Peru is approaching the midway point in the season and as with many producing regions it has not been a normal season, the impact of El Nino has been seen in the two main producing areas.
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Hygiene, ease of maintenance, and customizability are machine building starting points
2023-12-14 00:00
"We get the feeling the food sector is evolving increasingly rapidly, making it hard for our clients to keep responding," begins Nicolas Bauwens, who owns the Belgian machine-building company Constructie Bruynooghe. He considers this one of the sector's biggest challenges. "Nowadays, there's
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Amid India's recent ban on onion export, the government of Bangladesh has permitted local traders to import the commodity from ten other countries. The sharp price hike following the ban has now been curbed due to a sufficient supply of the local early season breed in the domestic market.
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How Moroccan raspberries overcome French consumers’ patriotism
2023-12-14 00:00
According to EastFruit, Morocco set a new record for exporting fresh raspberries to France, a country known for its preference for local products, based on the results of the 2022/23 season. Moreover, Moroccan producers were the main contributors to the overall growth of fresh raspberry imports
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Morocco and Egypt seem to be great beneficiaries of Brexit
2023-12-14 00:00
After the UK’s exit from the EU in 2020, Egypt and Morocco have emerged as key beneficiaries in the UK fruit and vegetable market. Both countries have experienced a significant increase in the value of their exports to the United Kingdom.
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