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.
Heat Continues To Stress Lettuce Supplies
September 15, 2022
The September heat wave in California is causing quality problems for most lettuce varieties. That, in turn, is causing high prices to remain, and they may be headed up as fall begins and growers start the transition from Central California to the Yuma, AZ area. In a crop update September 13, Markon Cooperative BB #:123315 alerted buyers to the market conditions. California green leaf, iceberg, and romaine supplies have been impacted by disease pressure and higher-than-normal temperatures. Prices continue to climb. Markon…
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Volume Pressure Sharpens As Produce Inflation Climbs In August
September 15, 2022
“Inflation has been accelerating since early fall 2021, drought conditions are severe, consumer confidence is low and grocery patterns are switching very rapidly. IRI, 210 Analytics and IFPA remain committed to bringing the industry the latest analysis in fresh produce,” said Joe Watson, VP, retail, foodservice and wholesale for IFThe August marketplace. Food inflation remains extremely high and consumers are feeling the pain. They are making changes to their restaurant engagement as well as their grocery purchases, according to the…
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Initial 2021-22 California Navel Orange Forecast Down 14% To 70 Million Cartons
September 15, 2022
The initial 2021-22 California Navel orange forecast is 70.0 million cartons, down 14% from the previous year. Of the total Navel orange forecast, 67.0 million cartons are estimated to be in the Central Valley. Cara Cara variety Navel orange production in the Central Valley is forecast at 6.0 million cartons. These forecasts are based on the results of the 2021-22 Navel Orange Objective Measurement (O.M.) Survey, which was conducted from June 15 to September 1, 2021. Estimated fruit set per…
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Market and Crop Update for Onions
September 15, 2022
MARKETOrganic Onions:Brad Sumner with Pacific Coast Trading Co. in Portland, OR, said on Sept. 14 that his company is shipping out of California and Washington now, and he added, “Demand is steady, and medium yellows still a short item with extra demand.” The market, he said, is “steady, with jumbo yellows slightly weaker.” Brad also said, “Quality remains good but will get better as we move out of transplants and intermediate varieties into long days.” And he noted, “After some…
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California Grapes Contend With Surprise Showers And A Heat Wave
September 8, 2022
California grape growers and shippers are waiting to find out how recent weather events will affect the current California grape crop. “We had a few surprise rainstorms go through the valley and we’re facing a pretty massive heatwave right now. We’ve had occasional heat throughout the summer in spurts but right now there are temperatures over 110 degrees,” says Mike Asdoorian of DLJ Produce. He does note though that there is still plenty of fruit available and to promote. “If…
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