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.

Global Market Overview Mandarins


  

The global mandarin market is a mixed bag at the moment. Low volumes combined with good demand for the citrus on many markets have meant the season has started with unusually high prices in countries such as the Netherlands, Belgium, Italy, Spain, as well as North America. However, these high prices are offset by increases in the cost of production, and there are concerns that the current economic crisis affecting consumers may mean they aren’t prepared to pay these higher…


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“Export Volumes Higher But Prices Lower”:


  

Peruvian 2022 Blueberry Campaign On Track To Reach 30% Growth Peru is well on track to reach the estimated 30% growth in exports of blueberry’s in 2022, but prices are trending lower. With exports just over the halfway mark for the current peak of the campaign, blueberry’s from Peru for the 2022 season shows a 35% increase in containers exported up to week 38 (September 25) compared to the same time last year. According to Noe Gutierrez, an independent analyst…


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Prices Elevated But Potatoes Offer Consumers Good Value


  

Potato prices are high, but there are still opportunities for retail and foodservice promotions, according to industry leaders. The average price for a carton of Idaho potatoes reached $32.77 in late August.  The USDA reported the average price for Idaho potatoes on Oct. 8 was $17.77 per carton,  down 46% from the late August peak but still 60% up from $11.06 per carton at the same time a year ago. Meanwhile, the average advertised retail price for all fresh potatoes…


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Hurricane Ian Hits Florida As Citrus Growers Near Harvest Season


  

Hurricane Ian made landfall in Florida as a Category 4 storm and is slowly making its way through the state as a Category 1 hurricane. Yesterday, an article was published about the potential impact on citrus and vegetable crops as well as logistics challenges. More will become clear in the coming days and weeks. Although the impact on the produce industry is unknown at this point, we do know it could be devastating. According to the University of Florida, about 175,000 acres of…


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US West Coast Port Labour Talks Disrupted By Seattle Dispute


  

A conflict involving Seattle's largest port terminal endangers contract negotiations between US West Coast Terminals and a labour union. Pacific Maritime Association (PMA), representing terminal operators on the US West Coast, had been in talks with The International Longshoremen and Warehouse Union (ILWU) for four months now. Accusations are being thrown left and right between the two parties about who should be assigned jobs and worker productivity. As per the report, due to reduced productivity in Oakland and Seattle-Tacoma ports,…


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