MARKET PRICE INFORMATION

Spain: "Citrus volume from South Africa will start falling sharply soon"

The vice president of the Professional Association of Fruit Exporters of Castellón and manager of Nulexport, Pasqual Pla, said that the start of the campaign has been marked by the "massive presence of clementines from countries such as South Africa, Peru or Chile." Last year, these countries were given permission to ship to the European Union up until November 30.

Tunisia: Citrus production edges up 35% in Cap Bon

Citrus fruit production in the Cap Bon region will reach 330 thousand tons this year, compared with 255 thousand tons a year earlier, up 35 percent, said president of the local union of agriculture in Beni Khaled, Bechir Oun Allah.

Africa agribusiness, a US$1 trillion business by 2030

As project sponsors, borrowers, lenders and investors gathered at the Africa Investment Forum to make deals on investment opportunities, leaders of the continent’s top agribusiness companies shared their thoughts on the future of the industry. With its vast agricultural potential, Africa’s agribusiness sector is predicted to reach US$1 trillion by 2030. Agribusiness will become the ‘new oil” on the continent, African Investment Forum participants said, fueling the motor of inclusive growth.

Nepal: Imported fruits worth Rs7.58 billion in Q1

Nepal imported fresh fruits worth Rs7.58 billion in the first three months of the current fiscal year, up from Rs4.74 billion in the same period last year, officials said. The rise in imports has been attributed to a slowdown in local production and swelling demand.

Chile: Record fruit exports to China

According to information provided by the President of the Association of Fruit Exporters of Chile AG (ASOEX), Ronald Bown Fernández, Chilean fruit exports during the recently completed 2017-2018 campaign reached a total of 2,781,092 tons. This entailed an increase of 6.7% compared to the 2016-2017 season, when a total of 2,607,055 tons were shipped.

Russia: Greenhouse vegetable production up by more than 25%

As of October 30, 2018, the gross yield of greenhouse vegetable crops in Russia amounted to 820.1 thousand tons, which is 25.7% more than in the same period of 2017. This has been reported by the press service of the Ministry of Agriculture of the Russian Federation, according to "APK-Inform: vegetables and fruits."

Italy: Low prices worry cherry tomato producers

The tomato campaign is in full swing in Ispica after a short summer break. One of the leading companies in the area is Agricola Giamblanco which mainly grows PGI cherry and plum tomatoes. After a season characterized by excessively-low wholesale prices, the new one seems better even though prices remain fluctuating

Italy all set to get bananas from Tamil Nadu

A container carrying 21 tonnes of the Grand Naine variety of banana from Tamil Nadu’s Theni district will leave Kochi port on November 1 on a sea voyage of 24 days to the Port of Trieste, Italy.With this, Tamil Nadu on Wednesday formally commenced export of banana to Italy with the State’s Agriculture Minister R Doraikannu flagging off the first shipment through video conferencing from Chennai.This attempt, claimed to be the first of its kind from India to Europe (via sea) would probably pave the way for more shipments from the State.

South African cherries bridge gap in UK market

Between the end of the Canadian cherry season and the start of the Chilean season, at the beginning of October, there is a period of about two to three weeks when the UK market has no other cherry supplier than South Africa. The enterprising agricultural company ZZ2, in South Africa mostly known for its tomatoes and avocados, fills this gap through mostly low-chill varieties from Zaiger Genetics, air-freighted primarily to the UK.

Peru: Organic banana production drops in Piura due to the cold

The production of organic bananas has decreased due to the cold, and this drop has become bigger in recent months as the temperature decreased by up to 16 degrees Celsius in the coastal area, said the president of the Technical Board of Organic Banana, Marcia Herrera Reto