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.
Western Growers Member Jack Vessey Details Fertilizer Challenges
June 10, 2022
CALIFORNIA - Fertilizer prices continue to fluctuate, as buyers of the commodity have seen startling highs. According to a report from Bloomberg, although fertilizer prices are dropping, we’ll still be feeling the market squeeze. The news source noted that prices for certain fertilizers are still 87 percent higher than they were a year ago, and supply chain issues still dog global markets. A member of Western Growers, Jack Vessey, President of Vessey & Company, spoke with me about the recent…
Read More
“Encouraging Signs Of Normalization” For Shanghai’s Ports
June 10, 2022
On June 1, Shanghai started to lift travel restrictions and get people back to work. As a result, port operations appear to be going back to normal. However, according to a report by The Maritime Executive, analysts are still concerned about the ripple effect in the global supply chain and the challenge ports in Europe and North America will face as a consequence of the increase in volumes. In an analysis of port performance from June 1, VesselsValue said that “congestion…
Read More
Onion Market And Crop Update
June 3, 2022
MARKET CA Imperial/ Central Valleys/Texas/Mexico/Vidalia: Dan Borer with Keystone Fruit Marketing in Walla Walla, WA, told us on June 1 that demand is typical for early June. “If you look at the numbers over the last couple of weeks, shipments are down,” he said. “That’s pretty typical for early June. Plus, there is transitioning going on and you might say a little bit of a gap with Texas and Mexico pretty much finishing up. Then you have the Northwest storage…
Read More
Agronometrics In Charts: Spring Freeze Leaves California Blueberry Growers With Reduced Crop
June 3, 2022
California blueberries are harvested from more than 5,000 acres in the state.Owing to spring frost and hail, some California growers are picking a smaller crop for blueberries this year. According to estimates by the California Blueberry Commission, farms will produce 55 million pounds of the fresh berries this year, 15 percent lower than its original projection of 65 million pounds. The U.S. Department of Agriculture reported the 2021 crop at 74.5 million pounds compared to 79.3 million pounds in 2020.…
Read More
Shipping Operators Add New Containers As Port Delays Continue; Gene Seroka And Lars Jensen Detail
June 3, 2022
CALIFORNIA & SHANGHAI, CHINA - Last week, we reported delays were seen at the Shanghai port in China, causing a decline in cargo volume at the Port of Los Angeles in California. While the lockdown was expected to relax on June 1, news has surfaced that ship operators are trying to add millions of new containers as boxes are stuck on liners and at ports as shipping moves into its busiest period. Gene Seroka, Executive Director, Port of Los Angeles “Importers are now…
Read More