IPG NEWS
IPG looks to keep its customers, suppliers, and partners world-wide, all connected and in touch through its new IPG News Reports. This news source will highlight the most significant, relevant and day-day international trade and produce news stories.
We feel it’s very important to not only have a great understanding for our current market and country, but to maintain a worldly viewpoint and full understanding of all other markets and their effects on the fresh produce export/import industry. Please stay connected and informed through our news channel.
Century of Produce: Anything is Possible in Produce’s Future
June 28, 2019
Anything is Possible in Produce’s FutureBy Mike Glynn “While I take inspiration from the past, like most Americans I live for the future,” former president Ronald Reagan once said. And so, it seems reasonable that, after an exhaustive study of 100 years of produce, we look in the other direction and squint at the industry’s horizon. Unfortunately, prognosticating is a practice fraught with failures. Remember the high expectations for Metrication, Unitization and Modularization, better known as Project MUM? Remember growers’…
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Importers Expect Strong and Stable South African Citrus Season
June 28, 2019
The first major volumes of South African citrus are due to arrive on the US East Coast in the first week of July. Canada has already been receiving the full range of South African citrus - including Navel oranges, easy peelers, grapefruit and lemons – since mid-May, while the US has only received limited volumes of mostly clementines and also a small number of Navels since early June. “The first significant South African citrus arrival for the USA will come…
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Asia Not Yet a Solution to Apple Overproduction in Europe
June 28, 2019
Asia remains a challenge and must be considered strategically in terms of medium-long term investments. When talking about apples, such market can be accessed only with produce that is suitable in terms of variety, quality (after weeks of traveling in containers) and flavor. Recently, a delegation of European officers and Italian apple producers presented a three-year promotional campaign - "Natural Goodness from the Italian Alps" - aimed at Asian consumers focusing on high-quality. It envisages a series of tasting/sampling sessions in…
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Overview Global Table Grape Market
June 28, 2019
There is a growing demand for grapes in Asia, the Middle East and Russia. As a result, volumes on the European market are limited this year. This is even causing some shortages on the market. The Indian grape season is over and the Egyptian season is also coming to an end, while the campaign is starting in Murcia, Spain and Italy. In California, the season is also expected to start in the coming days. Mexico has not managed to provide…
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Celery’s jaw-dropping run showing signs of fatigue
June 24, 2019
Is the celery market finally ready to settle down? By settle down, I mean drop back to reality. As illustrated in the chart, celery prices have enjoyed what seems to be an unprecedented level of premium pricing for months on end. Terminal market pricing in New York for cartons of 2 dozen approached $90 per carton for conventional product within the last month, and the lower range of f.o.b. pricing in California has been routinely above $60 per carton. By way of…
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