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12 04 2014

California Walnut Crop Update and Market Report - April 2014

walnuts
The Californian Walnut Board published last week the shipments data.
Please find herewith CRAIN's California Walnut crop update and market report. (CY2013 Edition 4)
In this report you'll find a
  • Market update
  • Bloom Report
  • Walnut related drought situation in California
  • Sir Howard Chandler
Remaining at your service.
Jean@caplenco.be

download pdf
20 03 2014

January 2014 Pecan Export Report

pecans
The Pecan Export data pubished by the USDA Foreign Agriculture Service for China, Hong Kong and Vietman which have been posted online here are clearly showing a downwards trends.

12-Month Comparison - In-Shell Export
Feb 2010-Jan 2011 = 42.499.177 Lbs
Feb 2011-Jan 2012 = 61.821.614 Lbs
Feb 2012-Jan 2013 = 92.931.606 Lbs
Feb 2013 -Jan 2014 = 59.586.811 Lbs

Monthly Comparison - In-Shell Export
2011 = 2.921.977 Lbs
2012 = 11.592.699 Lbs
2013 = 5.893.998 Lbs
2014 = 755.296 Lbs

If you like to have the full report please drop me a email : jean@caplenco.be

 
17 02 2014

Governor Brown Declares Drought State of Emergency

almonds
By now, everyone is aware that Gov. Brown proclaimed a state of emergency on Jan. 17 due to continued dry weather and water shortfalls. In his proclamation, the governor called for all Californians to take voluntary actions to reduce their water usage by 20%, and he provided state agencies with more flexibility in managing water supplies throughout the state.

The impact of the drought proclamation on agriculture will surely take time to be felt as local and state agencies take steps to implement actions to alleviate the anticipated effects of the drought. The Almond Board of California will monitor actions taken by regulatory agencies, as well as legislation introduced on both the state and federal levels, to help agriculture and the almond industry. As more information becomes available, we will let growers know how these actions will impact their operations. The California Department of Food and Agriculture website for drought resources for farmers, ranchers and farmworkers can be found at cdfa.ca.gov/drought/.

Source: Almond Board of California
 
17 12 2013

Shortest U.S. Pecan Crop Since 1998

pecans
The U.S. pecan crop appears to be about 170 million inshell pounds, the shortest crop since 1998, according to Bill Goff, professor and Extension pecan specialist  at Auburn Universtity.

In The Pecan Newsletter (see pdf) published by the Editors of PECAN SOUTH magazine, Professor Bill Goff explaines why he estimates this Pecan crop so low.

Faithfully yours,
Jean@caplenco.be



 

download pdf
11 12 2013

Position Report

almonds
The Position Report has just been released.
Download pdf below to get the position report.
With shipments for November at 198 million (+ 7,85%) handlers do not see any reason for lower prices.
Most packers and growers will probably increase their prices a few cents.
Remaining at your service.
Best regards,

Jean@caplenco.be

download pdf
08 11 2013

Position Report

almonds
Attached please find the Almond Position Report for October 2013.

Net shipments of 228 Million Lb for October 2013 is 3,4% more than the October 2012 record shipments. Total 2013 shipments (553,6 Mlbs) are already 7,2 % more than last year!

No seller is afraid that the "high" almond price might have a negatif impact on the demand.
Most markets have accepted the price level.

Western Europe total Year to Date + 11% (with some shifting into the EU: The Netherlands +27%, France - 25% , Spain +11% ...)

Domestic market increase by 8,9% to reach 159.723.535 lbs!

November shipments are very promissing. Most shippers are extremely busy searching availble space for their containers on the next available vessel. 

The major concern for next year's crop is the lack of water.

If we continue to see the same montly increase in shipments, California might be sold out mid 2014...

With the above information in mind it is hard to imagine a price decrease in the coming months.
An increase of 4 to 5 cent on the FAS price is most probable.
Moreover with a more expensive usd we see in Europe a firmer market.

At your service.
Jean@caplenco.be

download pdf
30 10 2013

Almond Market

almonds
The Almond market remains quiet, we see little or no activity.

Reported prices Fas California port:

BV, Std 5% at US$3.10 per lb.,.
(We heard reports that the second hand is offering standards at US$3.07/$3.09 with no luck).

Cal,ssr,27/30 aol at US$3.50 per lb.

Carmel,Sup, 27/30 aol traded at US$3.50 per lb.

Please contact us for a firm offer.
Thank you and kind regards,
Jean@caplenco.be
23 10 2013

Almond Market

almonds
The Almond market continues to firm with little activity.

For shipment December 2013. Following prices (FAS California Port, CAD) have been traded:

Carmel/Monterey,ssr,27/30 aol at US$3.55 per lb.
BV, Std 5%, Unsized at US$3.20 per lb.
Cal (Butte/Padre), SSR, 27/30 Aol, US$3.45 per lb.

This is not an offer!
If you are interested in a firm offer please let us know. jean@caplenco.be 

 
10 10 2013

Position Report

almonds
Attached please find the Almond Position Report for September 2013.

The numbers confirm what most packers have been saying, the shipping numbers were going to be strong.
One packer reports:
"California shipped a record 177.1 million pounds September, up 13.6% from shipments of 155.8 million pounds in September a year ago. Shipments for the first two months of the season are now running 10% ahead of last year's pace. Continued strength in the US market has now been factored into expectations, but at 49.6 million pounds (up 33%) September numbers are eye popping.
Also surprising are shipments into China at 32.3 million pounds (up 30%), where higher prices do not seem to yet be curbing importer appetites. are up 13%"


This means they will be in no rush to offer.
Prices will stay firm and might even increase by a couple of cents.

At your service.
Jean@caplenco.be

download pdf
24 09 2013

Market update

almonds
Are buyers waiting for better prices?  Are they asleep?
It seems to be the case for most of Europe.
Packers in California are in no hurry to get rid of their inventory either.
It is a waiting game.




Reported Prices :
 
 Item  Size  Packing  Shipment Lb /Fas
 NP Extra #1  27/30 AOL  Cartons  Oct/Nov/Dec  $ 3.52
 Cal SSR  36/40 AOL  Cartons  Oct 10  $ 3,00
 Cal SSR  36/40 AOL  Cartons  All October  $3.02
 Carmel SSR  32/34 AOL  Cartons  October  $3.17

We'll be honored by your orders.
At your service.
jean@caplenco.be
17 09 2013

Market Update

almonds
The position report for the month of August had made sellers withdraw and consider pricing and sales. They should now be coming back into the market.

Std5 have been traded at $2.85, but very limited amounts. There were some sales even below that level. The secondhand was pushing hard to move prices below $2.80. They had little, if any, luck.

Prices are now between $2.84 and $2.90. each day we have a better chance to have lower bids accepted.

NPS 23/25- we estimate the price at $3.65/lb or higher. As we get later into the NP shelling we are finding more 25/27 and 23/25 and a few 20/22. We do not expect large quantities of these sizes, but they will be available to the buyer that must have them.

We are welcoming your inquiries.
At your service,
Jean@caplenco.be
11 09 2013

Position Report

almonds
Attached please find the Almond Position Report for August 2013.
Total Shipments for August 2013 + 5,93%
Also interesting is the last Chart : Historical Crop Size and Shipments vs. Farm Price.
At your service.
Jean@caplenco.be

download pdf
06 09 2013

Crop Estimate

pecans
The National Pecan Shellers Association was held end of last week in Austin Texas.

They estimated the 2013/14 crop at 218.700 million inshell lbs and is in line with the Growers Estimate from June and July. (We are in the off-cycle crop year)

This crop estimate is 40% less than the Final Recap of 366,500 million inshell lbs crop 2012/13.

Georgia and Texas suffered from heavy rains with some damage (scab) which resulted in a reduced crop estimate (+/- 76 000 and 33 000 million inshell Lbs). New Mexico seems to have a fair to good crop (54 000 million inshell Lbs).

The Carry-in is mainly composed by natives/seedlings and pieces not with big Pecan halves.

Will Chinese buyers be all over the place? They are keen on big halves (Desirable/ Wichita..) which you can find in Georgia, and they pay a premium for it. But if Georgia has not enough goods to offer Chinese buyers will go more to the west and buy Western Schley’s. This scenario will effect the price commercial shellers will have to pay.

Chinese New year is earlier than last year (Jan 31, 2014 – Feb 14, 2013). Patience will be a key word because the combination of Chinese buyers and the rest of the world willing the same Pecan at the same time might get price out of control.

Attached is a copy of the 2013-14 crop estimate (highlighted in yellow), as well as a 2012-13 final recap (blue highlight) both of which were developed by NPSA 2013 Annual Meeting attendees during the Industry Forum held Friday, September 6, 2013.

download pdf
05 09 2013

Update

walnuts
The USDA National Agricultural Statistics Service (N.A.S.S.) announced the forecast for the 2013 California Walnut production today at 12:00 pm PST.

The forecast is 495,000 in-shell short tons.

The survey forecast of 495,000 in-shell tons is just about on point with the California Walnut Handlers’ July average estimate of 494,000 in-shell tons. It also represents a volume which is less than 1% down from the 2012 crop production of 497,000 tons.

Crain Walnut Shelling:
quote
Harvest of the early varieties has begun which is about a week ahead of “normal”. Based upon the current and longer-term weather forecasts, we anticipate that the remaining varieties (including Chandler) will follow suit.
Some growers have elected to apply Ethephon to further expedite harvest, also safeguarding good quality and lighter color grades.
An early harvest is good news for many markets with very low inventory levels. It will help fill the void and pipeline quickly in advance of seasonal deadlines. Based upon the industry’s July shipment figures, we estimate a carry-in of less than 50,000 in-shell tons, little of which is the premium varietals.

unquote
The complete Objective Measure Report is available here
05 09 2013

Update

pistachios
The Iranian Pistachio crop is estimated with only 165.000 mt after 190.000 last year.
The high Temperatures during summer caused a high number of blanks and immature kernels.
 This is affecting the inshell Pistachios but especially the yield of the green kernels.
We'll see higher prices for new crop.

At your service.
jean@caplenco.be
29 08 2013

Meiji Press Release - An indication of how well macadamias can work in chocolate

macadamias
Meiji is one of Japan's largest chocolate makers.
Press Release by Meiji

Most voted campaign – 3.79 million votes! 2 major chocolates compete.
"Which side are you on? Almond or Macadamia?"
With only 1% difference – Macadamia chocolate won!
As a result of nationwide survey, more popular chocolate came out as "Macadamia chocolate".
3.79 million votes in total, with only a slight difference of 1%, Macadamia chocolate won with
1.92 million votes.
More female supported macadamia over Almond, which is more popular to male.

Prefecture region wise, Macadamia covered most of the regions in Japan, however, Almond took over big cities like Tokyo and Osaka, which came out to be a such a close battle.

In Meiji, responsible person in Chocolate dept. wanted Macadamia to win, but most of colleague were assuming Almond will win.
Macadamia winning was big surprise, on top of most number of votes collected ever in the past campaigns.

Macadamia won! After long battle
Male Almond 56.7%/ Mac 43.3%
Female Almond 44.5%/ Mac 55.5 %
26 08 2013

Market update

almonds
Harvest continues in California. Sizes are small as expected.

We do see an opportunity to move some BV, Std 5%, Unsized for the 4th quarter 2013, 1st and 2nd quarter 2014 . Price indicates is US$3,02 per lb., Fas California port but we think we can get closer to US$ 3,00 per lb with a firm bid. 

We also hear that there are some trades being done for NP, Supreme, 27/30 aol for new crop at US$3.60 per lb.,Fas California port. CAD

At your service.
jean@caplenco.be
09 08 2013

July 2013 Position Report

almonds
Almond Industry Position Report  2012-2013 Crop Year : Dowload pdf.

2012/2013 Crop Year is the second highest production and shipment levels in the industry's history.
Overall shipments were down 1,7%. Domestic market up 7%!
India and China buying significately more inshell (more than double in the last 5 years).
Top five export destinations: China, Spain, India, Germany and the United Arab Emirats = +/- 54% of total export shipments.
(source: ABC Global Update)

We'll be honored to make you the sharpest offer.
Please contact us. Jean@caplenco.be

download pdf
09 08 2013

Californian Almonds Position Report Release Schedule 2013

almonds
The almond harvest has begun in California.
The first variety harvested, Nonpareil, is reported as being average to small sizes.
California will begin harvesting other varieties in the next few weeks.

The position report for the month of July will be released today.
We expect good shipping numbers. August should see good shipping as well.

For your info please find the dates for the coming Almond Position Report Release
Month Covered         Release Date
July 2013                    August 9, 2013
August 2013               September 11, 2013
September 2013         October 10, 2013
October 2013              November 8, 2013
November 2013          December 10, 2013
25 07 2013

California Walnut Crop Update and Market Report

walnuts
Please find attached CRAIN California Walnut crop update and market report.
Remaining at your service.
Jean@caplenco.be

download pdf
22 07 2013

Crop Estimate

pecans
Attached Young Pecan Update to the Trade

download pdf
22 07 2013

Crop Estimate

Attached Young Pecan Update to the Trade

download pdf
19 07 2013

Market update

almonds
The Almond market had been quiet for a couple of days. Yesterday we had more than one buyer taking any Std5 for prompt and new crop available, and asking for more.
Price has settled at $3.00. Bids below that were not accepted!

With limited quantities of Std5 available buyers are now asking $3.05/lbs FAS for current and new crop. There was little interest in other items.

One packer reported yesterday of new crop sales- (us$/lbs - Fas California Port)
Cal SSR 32/34aol $3.05,
Cal SSR 30/32aol $3.14,
NP X1 27/03aol $3.50

For this coming season we may see more price spread in kernel size.
Sizes of 27/30 and larger in almost all varieties may be in shorter supply.

At your service.
jean@caplenco.be
16 07 2013

Market Update

hazelnuts
It is a fact: Turkish crop is smaller! +/- 600.000 MT (earlier estimate indicated 650.000)
Turkish growers are not looking at the remaining stock from current crop (+/- 60.000 MT). What they see is what is not on their trees.
The poor weather beginning of the summer gave the consumption of chocolate products and hazelnut containing goodies a boost. Chocolate factories used almost all their stocks and are now uncovered.
Turkish hazelnut factories are closing down for their yearly maintenance and also allowing their workers to do their harvest.
European factories are now negotiating with their Turkish supplier some "Capacity Booking" for end August.
We’ll see heavy demand for end August especially for Hazelnut Paste. From the producers we’ll see almost no offers. There is no "cheap" material available for "cheap" paste.
The future for paste will be different as we’ll see a reset of this market from now on.
We believe that the "Starting" level of the new crop will be the "Spot" level.
Although the other countries, besides Turkey, will have a good crop they only represent 1/3 of the total supply. Handlers are estimating that the world demand will be larger than the total supply.

Remaining at your service.
Jean@caplenco.be
11 07 2013

June 2013 Position Report

almonds
With only 4 million lbs difference from last year we expect this will not effect price ideas.

We'll be honored to make you the sharpest offer.
Please contact us. Jean@caplenco.be

download pdf
05 07 2013

Pijnboompitten - Pignons de Pin - UPDATE

pine kernels
Nederlandse versie onderaan

Pignons de pin.
Personne ne peut prédire à 100 % ce qu’adviendra des prix. Mais le pressentiment que le prix des pignons de pin, de toutes les origines, sera de plus en plus cher semble être fondé. Exception à la règle : le pignon méditerranéen déjà extrêmement cher! (€ 48/Kg)
L’estimation de la récolte cette année, dans la plupart des pays producteurs, est mauvaise. Aucun pays n’aura une récolte importante.
Pour la Chine il y a un risque de voir de plus en plus de marchandise ancienne en vente sur le marché. Déjà la dernière récolte n’étant pas très bonne.
Le Pakistan a une bonne récolte et dispose encore d’une bonne qualité. Mais également au Pakistan il est possible d’acheter des marchandises à un prix très attractif (inférieure de plusieurs centaines de dollars par MT) mais sans garantie d’absence d’aflatoxine.
Aujourd’hui le cours de change usd /euro est 1,29 mais il pourrait très rapidement être moins favorable.
Nous n’offrons que des marchandises testées Aflatoxine et avec certificat DNA.
Nous serions honorés par vos demandes de prix.
Couverture possible :
Chine (Juillet 2013 – Janvier 2014)
Pakistan (Juillet 2013 – Juin 2014)

Pijnboompitten
Niemand kan met 100% zekerheid voorspellen wat de markt zal doen, maar het ziet er naar uit dat de prijzen zullen stijgen, met uitzondering van de Mediterraanse pijnboompitten die nu al heel duur zijn (€ 48/Kg).
De oogstverwachting voor dit jaar ziet er voor vele landen somber uit met maar een heel kleine opbrengst.
In China is het risico groot dat heel veel oude oogst in de markt zal gegooid worden. De vorige oogst was daar ook al niet goed.
Pakistan daarentegen heeft wel een goede oogst gehad, waardoor goede kwaliteit nog steeds beschikbaar is. Maar ook op de pakistaanse markt zijn nog veel goederen aan heel attractieve prijzen, maar met een hoog risico op aflatoxine.
Vandaag wordt gerekend met een wisselkoers van € 1,29, maar dit kan heel snel veranderen.
Wij bieden uitsluitend pijnboompitten aan die getest zijn op aflatoxine en met een DNA certificaat.
Wij verheugen ons alvast op uw prijsaanvraag.
Mogelijkheden om in te dekken:
China (juli 2013 – januari 2014)
Pakistan (juli 2013 – juni 2014)
01 07 2013

The Subjective(and final) estimate for the 2013 California Almond Crop

almonds
The Subjective(and final) estimate for the 2013 California Almond Crop has just been released. please see attached report.
At 1.85 billion lbs it is below expectations. Handlers expect prices to firm.
Growers and packers will now hold meetings to decide a marketing strategy.
This should take a few days.
Buyers who have been waiting for some price relief will be trying to buy, but sellers must think about it.
Remaining at your service.
jean@caplenco.be

download pdf
12 06 2013

May Position Report

almonds
Total Californian Almonds shipments were about 14 million lbs lower than last year. This is NO reason for the growers to worry, they will continue selling. Actually we can hope to see a little price relief.
Positions report
Please contact us. Jean@caplenco.be

download pdf
03 06 2013

Amandelen - Amandes update

almonds
Français

La Californie:
Le marché est soutenu voir plus ferme.

Les demandes pour les amandes Californienne reste soutenue ce qui permet aux vendeurs d’augmenter leur prix. Les acheteurs Européens se rendent compte qu’il est temps de « boucler » le reste de la saison car le prix augmente graduellement centime par centime.

Il ne faudra pas s’attendre à de grand changement dans cette politique de vente jusque début juillet au moment de la publication de l’estimation objective de la récolte.

Il est fort probable que les expéditions de mai seront importantes ce qui donnera confiance aux vendeurs pour écouler le reste de leur récolte.

L’Espagne:
Les stocks actuels sont TRES limités. Difficile d’encore trouver des Marcona ou des larguettas. Il est encore possible de trouver des Valencias pour lesquelles il faut payer le prix cher que pour des amandes Californiennes. Il reste assez d’utilisateurs disposés à payer cette prime.

Nederlands

California:
Gestaagd duurdere prijzen.
Deze vraag laat de verkopers toe om telkens meer te vragen voor hun amandelen. De europese kopers beginnen te beseffen dat het tijd wordt om hun noden in te dekken tot nieuwe oogst. Dagelijks worden de prijzen centiem per centiem duurder.

Er zal in deze verkooppolitiek geen verandering te bespeuren zijn tot begin juli wanneer de cijfers van de objectieve oogst bekend zullen zijn.

Zeer waarschijnlijk zullen de exportcijfers van mei aanmoedigend zijn om verkopers voldoende vertrouwen te geven dat zij zonder probleem hun oogst zullen kunnen verkopen.

Spanje:
Zeer beperkte beschikbaarheid. Zeer moeilijk om nog Marconas of larguettas te vinden. Valencias zijn beschikbaar maar er wordt een premie voor gevraagd ten opzichte van Californische amandelen. Er blijven voldoende kopers over die bereid zijn deze premie te betalen.
07 05 2013

Macadamia Newsletter - May 2013

macadamias
Newsletter – May 2013

The Crop

Harvest in Australia is underway at last whilst in Africa good volumes are already delivered to the factories and processing of new crop is in train. There are mixed reports on the Australian harvest. A good crop was expected prior to the impact of Cyclone Oswald in January which was estimated to have reduced the yield by at least 10%. The official forecast has remained at 39,000 metric tonnes (MT) wet inshell (10%), but after a delayed start to harvest due to continuing wet weather many growers are reporting a shortfall on their original estimates.

In South Africa the crop seems to be living up to the expected output of around 33,000 tonnes dry inshell (3.5%) whilst elsewhere in Africa and the Americas the crop appears to be in line with forecast. Overall then we see total world production in 2013 likely to be pretty much in line with last season with modest increases in Africa likely to offset a shorter Australian crop.

The Market

A modest carry out of around 2,000MT kernel (7% of production) and the prospect of a good harvest in 2013 seemed to be enough to persuade buyers that prices would drop significantly this year, and indeed the market opened at modest levels for early season contracting. A number of emerging factors now appear to be driving prices higher and quite possibly back to the same sorts of levels as 2012. On the supply side, both the Australian and South African crops appear to be at least 10% down on early expectations and are certainly not at levels which might produce a significant surplus.

Global demand for macadamias in 2013 appears strong. Confidence appears to be returning in North America, whilst in Europe retail sales for the first quarter are on the same period last year and Asia continues to show increasing interest in macadamias. The major impact on the market this year comes from China where demand for inshell is up dramatically on 2012, when we understand that China consumed approximately 12,000MT macadamia inshell. This year we can see at least 20,000MT heading to the Middle Kingdom and quite possibly more. One effect of this dynamic is that many processors in Africa and Australia may find themselves short of shelling stock and the availability of kernel for traditional customers could suffer as a result. At this stage the situation remains quite unclear.
05 03 2013

Increase of the acetamiprid MRLs in pistachios

pistachios
At the last Standing Committee meeting on pesticides on 25-26 February 2013, Member States representatives voted in favour of an increase of the acetamiprid MRLs in pistachios from LOD 0.01*mg/kg  (i.e. in practice, acetamiprid was not authorised to be used and no residue where supposed to be found) to 0.06 mg/kg.


See Point B1 of the agenda of the meeting at the following link: Europe

Exchange of views and possible opinion of the Committee on a draft Commission Regulation amending Annexes II, III and IV to Regulation (EC) No 396/2005 of the European Parliament and of the Council as regards maximum residue levels for  acetamiprid,  Adoxophyes  orana  GV  strain  BV-0001,  azoxystrobin, clothianidin, fenpyrazamine, heptamaloxyloglucan, metrafenone, Paecilomyces lilacinus strain 251, propiconazole, quizalofop-P, spiromesifen, tebuconazole, thiamethoxam and zucchini yellow mosaik virus, weak strain in or on certain products (Article 10).
27 02 2013

Almonds update week 8, 2013

almonds

Nederlands
In California is de amandelbloei begonnen (minder dan 5 %). De weersverwachtingen zijn nog niet optimaal maar acceptabel. Koude nachten, wat regen afwisselend met zonnige dagen. Voor begin van week 9/2013 bestaat er een risico op vorst.

Eerder deze week zag men iets betere prijzen ondanks het wegblijven van verkopers uit oorsprong.

De dollar is sterker t.a.v. de euro en een wisselkoers van 1,315 draagt niet bij tot betere prijzen.

In Spanje zijn de amandelbomen in volle bloei met een verhoogd risico op vorst die de volgende dagen alle regio’s in Spanje kan treffen
Beperkt aanbod van oorsprong.
De industrie maakt zich grote zorgen over een gebrek aan gezonde bijenkasten om amandelbomen bestuiven.
Zie: Associated Press

Français
La floraison en Californie a commencé (moins de 5%). Les prévisions météo annoncent encore des nuits froides, un peu de pluie alternant avec des journées ensoleillées. Ce n’est pas un  climat optimal, mais acceptable. Pour le début de la semaine 9/2013 il y a un risque de gel.

Bien qu’en début de semaine nous avons vu une petite baisse des prix, il n’y a pas de pression des vendeurs.

Le dollar, ferme, autour de 1,315 ne contribue pas à améliorer les prix en € !

Les amandiers en Espagne sont en pleine floraison, où les conditions climatiques présentent plus de risques avec une prévision de baisse des températures dans les prochains jours qui pourraient affecter nombreuses zones.

L'offre d’origine est très limitée.

L’industrie est très préoccupée par un manque de ruches saines pour la pollinisation des amandiers. Voir article d’Associated Press

05 02 2013

Pecan update week 6, 2013

pecans
We are probably two weeks away from the end of the Pecan contracting period. In the meantime, The National Pecan Shellers Association will have their mid-winter Meeting in Florida from 6th to 8th Feb, 2013.

Will China strike back and buy what is remaining?

Pecan halves are getting more expensive every day while pieces are at a “discount”.
Growers are complaining about "cheap" prices.

Will this mid-winter Pecan Shellers Conference reveal the true issues of an industry spread over 16 states and 2 countries? (with major price swings, new planting, growers not always, or not at all interested in supporting the shelling industry)

The talk of the Conference will certainly be “How many pecans will remain in hands of the growers? ” and “ What is the right strategy for the growers?”

Will this industry be able to generate new ideas which will stimulate the consumers to use pecans or use more pecans?

Will shellers and growers be able to combine forces for a dynamic and more stable industry?

Will China handlers attend this Conference?
 
18 01 2013

Olijfolie - Huile d'olive - Week 03, 2013

oil
Français  (Nederlands verder in text)
Après plusieurs jours d’inactivité en Espagne, quelques moulins à Jaén commencent à fermer par manque de matière première (olive), ce qui confirme une fois de plus la réduction de la récolte actuelle surtout dans cette province.
Alors qu'en Espagne l’on parle d’une réduction de 40 à 50 % comparé à récolte de l'année dernière, la réduction à Jaén est bien pire et la récolte ne représenterait que maximum 25% du total la saison dernière.
Il y a une rétention significative de l'offre. L'agriculteur, pour le moment, ne veut pas vendre ses olives dans l’attente d’un meilleurs prix afin de compenser, en partie, la faible récolte.
Par conséquence les moulins retiennent les huiles jusqu’au moment de connaître leur coût global et de limiter le risque spéculatif.

la mauvaise qualité des olives accentuera le problème dans les prochains mois  avec des écarts de prix entre les différentes qualités. (Extra/extra – Raffinées – Courantes/lampantes)
Certains opérateurs espagnols et italiens se tournent vers le marché tunisien qui également enregistre une forte hausse des prix.
Comme il y a très peu d’offre dans les crues, les huiles de grignons d'olive continuent leur hausse de prix. En fait il n'y a pas de marché a cause de la position de fermeté des vendeurs.

Le scénario envisagé il y a quelques mois se confirme. Il est à prévoir à court et à moyen terme des marchés très difficiles avec des vendeurs en position de force que tacheront d’optimiser leurs produits.

Néanmoins nous pouvons, avec un climat propice, espérer qu’en été nous auront une prochaine saison acceptable.

Nederlands

Na meerdere non-actieve dagen in Spanje, hebben enkele molens in Jaén de deuren gesloten door een gebrek aan grondstoffen (olijven). Dit bevestigt nog maar eens de opvallend kleinere oogst van de olijven in deze streek.
In Spanje spreekt men zelfs van een oogstvermindering met 40 à 50% vergeleken met die van vorig jaar. In Jaén bedraagt de oogst zelfs maar maximum 25% van de hoeveelheid van het vorige seizoen.
Er is een beduidende terughoudendheid in de offertes. De boeren willen op dit moment hun olijven niet verkopen in afwachting van betere prijzen, die op die manier gedeeltelijk de zwakke oogst zullen moeten compenseren. De molens wachten dus af tot op het moment dat ze hun globale kost kunnen berekenen et het speculatieve risico kunnen limiteren.

De slechte kwaliteit van de olijven zal het probleem nog groter maken in de komende maanden met prijsafwijkingen tussen de verschillende kwaliteiten (Extra/extra-geraffineerd-courant/lamp).
Sommige spaanse en italiaanse producenten richten zich nu tot de tunesische markt, die eveneens een sterke stijging van de prijzen begint te vertonen.
Omdat er bijna geen offertes zijn voor ruwe olijven, volgen ook de olijfolies de stijgende prijstendens. Er is op dit moment eigenlijk totaal geen markt mogelijk.

Het scenario dat reeds voor enkele maanden gevreesd werd, wordt nu bevestigd. Men mag zich op korte en middellange termijn verder verwachten aan een zeer moeilijke markt, waarin verkopers in hun machtspositie het uiterste uit de kan zullen trachten te halen.

Niettemin mogen we dankzij een gunstig klimaat hopen dat de komende zomer een beter seizoen zal opleveren.
15 01 2013

Pecan Update Week 03, 2013

pecans
Please review the attached charts.
Particularly notice should be given the November trend comparisons and the 12 month trailing inshell numbers. Last year total inshell exports to China was a record 58 million pounds. The past 12 months ending November 2012 exports to China was 92.7 million pounds!!! China is buying 1/3 of the US crop, and they are the biggest and best pecans in the US.
11 01 2013

Update Almonds Week 02, 2013

almonds
Français
Le marché de l'amande USA a été très actif ces 2-3 dernières semaines.
La demande a été la plus forte au Moyen-Orient (NP, Carmel Suprême dans toutes les calibres), l'Inde (variétés Cascara NP et auditive) et la Chine (toutes les variétés à coque) + 10 %. (Chiffres de décembre)
La demande européenne n'a pas arrêtée d'augmenter depuis la semaine dernière. Par conséquence les prix ont également augmentés de us$ 0,05 à 0,10 par lbs en fonction de la variété, calibre et qualité.

La fermeté de ce marché ne cesse de surprendre. Au début décembre, il était question d’une possible période de calme pendant les vacances. La plupart des acheteurs Européens étaient convaincus (ou du mois espéraient) voir au retour des vacances une chute des prix. Cela était sans compter sur les marchés émergeants qui ont commencé à acheter avant que les Européens « se réveillent ». Maintenant il faut suivre.

Les embarquements de décembre sont légèrement à la hausse :
Décembre 2012 : 159 Millions de Lbs Décembre 2011: 157 MLB soit + 1,27%
Total Accumulée 2012/ 13: 859 MLB comparé à 2011/2012 : 867 MLB, - 0,922%

Il important de souligné que la croissance du marché domestique se poursuit avec + 5,5%. Les exportations vers l’Europe -6%, en particulier l’Espagne – 18%.

L’estimation de la récolte totale est nettement inférieure aux estimations et apparemment ne dépassera pas les 1,85 MLB.

Les vendeurs américains, avec ces données qui viennent d’être publiée, considèrent que les prix doivent encore augmenter, cela réduira les expéditions, ce qui est nécessaire car au rythme actuel il n’y aura plus d’amandes pour couvrir toute l’année.

Les marchés en Europe sont à découvert pour février – août 2013.

Le marché des amandes Espagnoles est ferme avec très peu d’offres. Les conditions climatiques ne sont actuellement pas très favorables ; trop chaud durant la journée ce qui pourrait accélérer la floraison.

Nederlands
De amerikaanse amandelmarkt is de voorbije 2 à 3 weken zeer actief geweest. De vraag vanuit het Midden-Oosten (NP, Carmel Suprême,...alle kalibers), India (Cascara NP variëteiten) en China (alle variëteiten in de dop) is sterk toegenomen (+10% volgens de cijfers van december).
De vraag vanuit Europa bleef de voorbije week ook verder stijgen. Als gevolg hiervan zijn de prijzen gestegen van us$ 0,05 tot us$ 0,10/lb in functie van de variëteit, het kaliber en de kwaliteit.

De vastheid van de markt blijft verder verrassen. Begin december was er sprake van een iets rustigere periode omwille van de feestdagen. Het merendeel van de europese kopers was overtuigd (of hoopte op z’n minst) na de vakantieperiode een prijsdaling te kunnen genieten. Ze hadden evenwel geen rekening gehouden met de nieuwe marktspelers die uit het niets opdoken en die begonnen met zich in te dekken, nog voor de europese markt “wakker” werd. Nu kan men niet anders dan volgen.

De verschepingen zijn in december lichtjes toegenomen:
December 2012: 159 miljoen lbs tegenover 157 miljoen lbs in december 2011 (+1,27%)
Totaal 2012/2013 :859 miljoen lbs in vergelijking 2011/2012: 867 miljoen lbs (- 0,922%)

Het is belangrijk te weten dat de groei van de binnenlandse markt zich verder doorzet (+ 5,5%). De uitvoer naar Europa -6%, met in het bijzonder Spanje – 18%.

De verwachtingen omtrent de totale oogst vallen iets lager uit en zullen onder de 1,85 miljoen lbs liggen.

Met de cijfers die net gepubliceerd werden, zijn de amerikaanse verkopers van mening dat de prijzen nog verder moeten stijgen, wat de verschepingen natuurlijk zal doen afnemen. Dit is noodzakelijk want aan dit ritme van verscheping zullen er niet voldoende amandelen zijn om het jaar volledig in te dekken.

De europese markt valt dus nog volledig te ontdekken voor de periode van februari tot augustus 2013.

De spaanse amandelmarkt is eveneens een vaste markt met heel erg weinig offertes. Het klimaat is momenteel niet erg voordelig: te warm overdag waardoor de bloei te snel zou kunnen komen.
 


   
20 12 2012

November data will explode!!!

pecans

Please find herewith pdf of the October Pecan Export Report, which summarizes pecan export data, sourced from the USDA Foreign Agriculture Service, for China, Hong Kong and Vietnam.

The attached reports include monthly comparisons of in-shell shipments, nutmeat shipments and total exports (converted to in-shell pounds), a year-to-year comparison of in-shell exports, exported meats and total exports (converted to in-shell pounds) and data for the crop year shipments to date (October – October).

Please only focus on in-shell shipments to China for October and in-shell on 12 months trailing.
You will remember that September in-shell shipments were 5 times greater than any previous September.
The same trend is for October verses previous October’s.
China will be a major factor in escalating prices in the coming months!!!

The raw data is posted online at:  http://www.fas.usda.gov/gats/default.aspx.



download pdf
01 12 2012

OLAM 2012

general news
Please find attached Olam 2012 - Corporate responsibility, Pioneering Sustainable

download pdf
01 09 2012

Hazelnut Crop 2000 – 2012

hazelnuts

Attached pdf In Shell Basis, Metric Tons, Hazelnut Crop 2000 - 2012



download pdf
01 08 2012

Working for sustainable market growth

macadamias
Please dowmoad pdf for the August 2012 Green and Gold Newsletter.

download pdf

Product links and information

TIPS, FACTS AND MYTHS OF NUTS AND DRIED FRUITS
The INC is the International source for information on nuts and dried fruits for Health, Nutrition, Food Safety, Statistics, Government Standards and Government regulations regarding trade barriers and trade quality standards. INC brings you the first word in the state of the industry worldwide.
BORGES
Borges is fruit of the Mediterranean values. Values that today it spreads throughout the world, with natural quality products, healthy and tasty, so that all people can benefit from the standards of quality and qualities of the Mediterranean culture, life and diet
YOUNG PECAN, INC
Young Pecan Inc. is a member of the King Ranch family of businesses with a shelling facility located in Las Cruces, New Mexico and a major distribution and value added processing facility in Florence, South Carolina. Additionally, we store finished product in seven outside cold storage locations to better service our customers logistically.
PROGIDA, AN OLAM COMPANY
Progida was founded in Istanbul in 1988.Today one of the leading manufacturers and suppliers of natural and semi-finished hazelnut kernels and operate a modern factory in Giresun / Turkey.
GREEN FARMS NUT COMPANY
Green Farms Nut Company (Pty) Ltd was established in 1991 by Rodney Green and Alan and Jill Whyte, as the first privately owned Macadamia processing factory in South Africa.
KRUSE, HESS & CO.
In 1925 August Wilhelm Kruse und Friedrich Karl Eduard Heß founded Kruse, Heß & Co., based in Hamburg.
Today Kruse, Hess & Co. GmbH & Co. imports a wide range of seeds and dried fruit.
CERNO GROUP
The CERNO GROUP is organised around it Walnuts Growers Cooperative COOP CERNO and it commercial subsidiary CERNO.
For 30 years, COOP CERNO has been federating some 500 Producers and promotes the Walnut Activity.
SUNCOAST GOLD MACADAMIAS
Suncoast Gold Macadamias (Aust) Limited is the leading macadamia nut supplier in Australia. Grower, processor and packer of the finest quality macadamia nuts.
Suncoast is a 100% Australian owned and operated cooperative, with farms stretching from Cairns in North Queensland, down to Byron Bay in New South Wales.

BELGAFOOD
BELGAFOOD verzamelt de leden van Comeos die gespecialiseerd zijn in voedingsproducten: het gaat om agenten, invoerders en andere tussenpersonen.
Belgafood is eveneens een adviesplatform.
Caplenco is lid van Belgafood
BELGAFOOD rassemble les membres de Comeos spécialisés dans l’importation de produits alimentaires: il s'agit d'agents, importateurs et commissionnaires. C’est aussi une chambre d’avis.
Caplenco est membre de Belgafood