Tuesday, July 7, 2009
Currencies: Brazil's Real Ends Weaker, Mirroring Major Currencies
The Brazilian real closed weaker against the U.S. dollar Monday in line with most major currencies. The real closed at BRL1.9610 per dollar in trading on the Brazilian Mercantile and Futures Exchange, weaker than Friday's close at BRL1.9505.Traders said the real's weakening Monday was due to the dollar's worldwide strengthening on increased investor risk aversion. The real opened weaker Monday at ... read more...
Italy: Trade of tomatoes in Italy
Italy is both a major exporter and a major importer of tomato products, primarily because there is a tremendous amount of intra-industry trade. Italy imports a substantial quantity as inputs for further processing. After the U.S., China is a major source for these imports. Most of the tomato product imports into Italy ... read more...
EU countries should be able to ban genetically modified plants
At their meeting in Luxembourg on 25 June, EU ministers for the environment discussed among other issues this proposal raised by Austria and other countries. No concrete decisions were made. The document was presented as an Austrian initiative and suggests that GM plants ... read more...
Wednesday, July 1, 2009
EFSA opinions give Monsanto new Euro confidence
The European Food Safety Authority has issued positive opinions on the safety of Monsanto’s MON 810 corn trait and Roundup Ready 2 corn product, giving the firm confidence that Europe could become more accepting of genetic modification. ... read more...
Wednesday, June 24, 2009
Ready-to-eat, a growing sector
Monsanto, Dole in 5-Year Vegetable Collaboration
Reuters - June 23, 2009
Chicago - Monsanto Co and Dole Fresh Vegetables Inc said on Tuesday that they would collaborate to develop vegetables that could be more attractive to consumers.
Monsanto and Dole said they would use plant breeding to improve the nutrition, flavor, color, texture, taste and aroma of the vegetables. The five-year collaboration will focus on broccoli, cauliflower, lettuce and spinach, the companies said. If new products were created under the collaboration, they could be commercialized by Dole in North America.
Tuesday, June 23, 2009
Loosing pounds, not so healthy after all for British consumers…
by David Ivanovic
The staggering numbers extracted from Eurostat show an important decrease in EU imports of horticultural products. Let’s cut straight to the point: the recession that is engulfing the majority of European countries is one, if not the major underlying reason. Another cause behind the reduction of imported fresh products, especially in Great Britain, is the devaluation of the British pound, which has lost a 25% of its value in 2008 against the euro. At the beginning of last year, 100 pounds could get you almost 140 euros; on New Year’s Eve, the same amount was only worth €100.
This week, the pound regained its November value, climbing up by 15% since its all time low value of January. Let’s see if the growth momentum will keep going and bring back the levels of imports to what they used to be. Because when someone stops buying, someone at the other end of the supply chain is having a hard time too. Eating more mangoes and papayas will be good for everyone.
Monday, June 22, 2009
Recession hits UK exotics consumption
June 22, 2009 - Reefer Trend
The sales value of tropical fruits such as pineapples, mangoes and melons has dropped by 5.5% with volumes falling even more steeply
UK: Co-op uses new labelling to promote eco-awareness
The Co-op has introduced new labelling on bags used to store fresh produce, detailing how to best keep them for maximum freshness and longevity. This eco-friendly initiative is part of the Love Food Hate Waste project launched by the government. Like other retailers - perhaps Marks and Spencer most notably - Co-op is waging a war on waste. British consumers ... read more...
The range of fair trade, sustainable products in EU retailers is insufficient
European consumers are dissatisfied with the availability of environmentally friendly or ethically produced products, according to the latest European Commission's survey on consumers satisfaction just released. The detailed reports published this week by the European Commission’s Directorate General for Health and Consumers on consumer satisfaction cover different product sectors (8 total) throughout ... read more...
Friday, June 19, 2009
A tough start for papaya imports in 2009 (correction)
by David Ivanovic – June 18, 2009
There was a slight mistake in my table (the years were wrong!) Here’s the good one.
Thursday, June 18, 2009
A tough start for papaya imports in 2009
by David Ivanovic – June 18, 2009
Between January and March this year, total shipments to EU countries are down by 19% in comparison with the same period in 2008, from 8,900 to 7,150 metric tonnes. Except for Ivory Coast, Pakistan and India, the majority of fresh papaya suppliers have been hit by lower demand.
Figures represent direct imports from non-European countries to the EU15, and therefore do not take into account shipments within Europe (for instance, between Netherlands and Germany).
EU15 Papaya Imports in 2008
by David Ivanovic
Imports of fresh papayas by the EU15 totalled 37,293 tons in 2008, up by 2.5% from levels recorded in 2007, despite important drops from Brazilian (-6%) and Ecuadorian suppliers (-23%).
Papayas from Cote d’Ivoire increased by nearly 100% between the two years, securing 10% of the market share in Europe.
Wednesday, June 17, 2009
24 EU Countries to Start School Fruit and Vegetable Snack Programs
Creating a huge opportunity for the fresh and fresh-cut produce industry to capitalize on sales to schools, the European Commission's DG-AGRI is making €90 million available annually as matching funds for EU countries to provide daily fruit and vegetable snacks to school children. 24 of the 27 EU countries submitted applications this week for portions of that funding to either start or expand School Fruit and Vegetable Schemes in their countries by the start of the school year ... read more ...
Tuesday, June 16, 2009
Fresh tomato imports in 2008
by David Ivanovic - June 16, 2009
For the year 2008, EU15 countries imported a total of 331,258 tons of fresh tomatoes, with a CIF value of €261 millions.
Out of that impressive figure, 90% were supplied by Morocco. More than 80% of the North African origin went to France, while 10% were imported by Spain.
EU Banana Imports: Latin America Stronger than Ever!
by David Ivanovic – June 16, 2009
Impressive Eurostat numbers, at least for your humble “data cruncher”, are showing no signs of slowing down in the European banana business. In 2008, 4.6 million tons have been imported by the EU15 countries; import volumes (from non-European origins) have grown by more than 36% between 2004 and 2008. The banana “oligarchy” (70% of total imports controlled by Colombia, Ecuador and Costa Rica) continues to maintain and increase its presence, and European demand shows no sign of wading.
As Colombian shipments arrived at a rate of 17% annually (!), volumes from West Africa (Cameroon and Cote d’Ivoire) have rebounded in 2008, surpassing for the first time the levels recorded five years ago.
Friday, June 12, 2009
Avocado Imports from Non-European Origins, 2000-2008
by David Ivanovic
EU-15 imports have fresh avocadoes have experienced a very important rise over the last years, from levels around 100,000 tons in the early 2000s to 180,000 t. last year.
South Africa is the traditional EU supplier, however avocado shipments from Peru have grown significantly. In 2008, both the African and South American suppliers had a market share of 29%. Regarding Israel, another major player in the avocado industry, its shipments have shrunk by nearly 20% during the last five years.
Monday, June 8, 2009
EU Pineapple Imports in 2008 / 1st part
by David Ivanovic
In 2008, pineapple imports for the EU-15 have witnessed another big jump in terms of pineapple shipments. Between 2004 and 2008, arrivals have grown by nearly 80%, representing an annual growth rate of 15%.
Costa Rica is the main locomotive in this highly competitive market, growing from 250,000 metric tonnes in 2004 to 670,000 four years later. Latin American suppliers are confirming their leaderships while traditionnal West African suppliers are progressively switching their products from Smooth Cayenne to MD-2 varieties.
In 2008, pineapple imports recorded a CIF value of €595 million.
EU Mango Market Share in 2008
by David Ivanovic
In 2008, Brazil was once more the most important suppliers of fresh mangoes to the EU-15 countries. More than 95,000 metric tonnes, or roughly 40% of total imports, originated from this origin.
The rapidly expanding Peruvian market share represented 22% during the same period (only 12% in 2004).
Tuesday, June 2, 2009
Ireland: Fyffes expands pineapple operations
Fyffes is buying the assets from Agroindustries Golden West (GOPA). The operation covers around 450 hectares.
Fyffes says that, combined with its existing pineapple farms in Costa Rica, it expects to be the direct producer of around 50% of the pineapples it markets in 2010.
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The cost of the deal includes debt acquired and deferred payments.
Source: rte.ie
Publication date: 5/12/2009