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Showing posts from September 2, 2011

RELAX...TIME TO ENJOY THE...W-E-E-K-E-N-D...SUMMER IS ALMOST OVER IN THE NORTHERN HEMISPHERE...

ROUBINI: DEJAVU ALL OVER AGAIN...ONLY WORSE...NO MORE "RABBITS" TO PULL OUT THE PROVERBIAL HAT...

We Are in 'Worse Situation' Than in 2008: Roubini

Published: Friday, 2 Sep 2011 | 3:50 AM ET

By: Catherine Boyle
Staff Writer, CNBC.com








The worlds developed economies are trapped at the stall speed of low growth and need to have greater fiscal stimulus and less austerity to kick-start growth, leading economist Nouriel Roubini told CNBC Friday.




Getty Images

Speaking at the Ambrosetti Forum on the shores of Lake Como, near Milan, Roubini said in an interview: “We are in a worse situation than we were in 2008. This time around we have fiscal austerity and banks that are being cautious.”





Roubini, known for his bearish views on the world economy, thinks that there is a 60 percent chance of a second recession imminently. Economic data of recent weeks presents a mixed picture.



On Thursday, the US government announced that jobless claims dropped by 11,000 to 409,000 last week. Friday's employment report in the US is expected to show a gain of only 75,000 nonfarm jobs during August, with …

TALE OF TWO EXPORT MODELS: AS BRAZIL CREEPS INTO DANGEROUS VOLUME...ECUADOR HAS BEEN RESPONSIBLY REDUCING VOLUME...NETTING PROFITS FOR GROWERS & SHIPPERS...

U.S. Import Volume
Per Year
Yearly report for range: 2005 through 2011Export to Excel


Commodity NameOrigin NameDatePoundsBoxes of 8.8 lbsMANGOSBRAZIL200562,663,9547,120,904MANGOSBRAZIL200647,509,2885,398,783MANGOSBRAZIL200752,256,4845,938,237MANGOSBRAZIL200851,425,3315,843,788MANGOSBRAZIL200959,292,4366,737,777MANGOSBRAZIL201062,466,3967,098,454MANGOSBRAZIL20111,903,772216,338Grand Total

337,517,66138,354,281
Source: USDA Market News - marketnews.usda.gov














U.S. Import Volume
Per Year
Yearly report for range: 2005 through 2011
Export to Excel
Commodity NameOrigin NameDatePoundsBoxes of 8.8 lbsMANGOSECUADOR200551,891,5555,896,768MANGOSECUADOR2006100,616,62511,433,707MANGOSECUADOR200774,869,9158,507,945MANGOSECUADOR2

THE AMERICAN ASSOCIATION OF PORT AUTHORITIES TRYING TO MEET THE EVOLVING NEEDS OF PORTS IN THE NEW WORLD ORDER...

Ports in a Storm


Bill Mongelluzzo 

| Sep 2, 2011 1:30PM GMT
The Journal of Commerce Magazine - News Story






With the maritime industry wracked by changes in operating scale, AAPA Chairman Pete Reixach sees port needs and demands changing



Pete Reixach has his hands full. The chairman of the American Association of Port Authorities is trying to find the common interests of 160 ports in the U.S., Canada, Latin America  and the Caribbean amid a dramatic change in the scale of shipping that is hitting ports across the industry.
How will ports operate in the new world order ?...

News Release
FOR RELEASE - August 31, 2011
Contact: Aaron Ellis, aellis@aapa-ports.org
(703) 706-4714 


American Association of Port Authorities
1010 Duke Street
Alexandria, VA 22314
Phone: (703) 684-5700
Fax: (703) 684-6321
www.aapa-ports.org


AAPA Urges Deficit Reduction Committee to Consider U.S. Ports
Federal funding in, around seaports facilitates trade, commerce, jobs, security, environment


In a letter today to the Joint Select…

FOR A "NATIONAL" MARKETING BOARD...THE NMB HAS VERY PROVINCIAL BUDGET...ASSESSMENT INCREASE WONT MAKE A DIFFERENCE...WOULD YOU PAY AN EXTRA PENNY TO LOSE A DOLLAR PER CARTON???...

By Will Cavan
Executive Director
International Mango Organization (IMO)
Vista, California


www.mangoworldmagazine.blogspot.com








September 2, 2011




The National Mango Board continues to deceive itself and its members.


We all know that Hot water treated mangoes are a nutritionally defective product.


Until the industry can fix the product, any money spent on promotion is irresponsible and possibly criminally negligent.


That very important point aside, What nation on earth can one set up an advertising and promotion budget for mangoes on a couple of million dollars???...BOTSWANA???...Maybe at best, but certainly not the USA with 300 million potential consumers!


That is less than one penny per potential consumer!!!


What in the world are the folks at the NMB thinking???


The way things stand right now, the NMB is charging importers roughly a nickle a carton and last season Brazil, Ecuadorian, Peruvian and Mexican shippers (who ultimately pay the assessment) lost on average one dollar per carton. Does that …

NO RYME OR REASON FOR NATIONAL MANGO BOARD (NMB) ASSESSMENT INCREASE...OTHER THAN TO MAKE SURE 401K PLANS ARE FULLY FUNDED...

Mango board looks to hike assessment



09/02/2011 9:20:15 AM
Jim Offner


The National Mango Board, Orlando, Fla., seeks to increase assessments on its members.

“We put together a proposal to increase the assessment rate from half a cent to three-quarters of a cent,” said William Watson, executive director.

A two-month comment period expired at the end of July.

“We probably won’t get a decision from them until maybe September or October,” Watson said.

“Most likely, the increase would begin at the first of the year, but I just don’t know.”

An increase would provide a boost of $1 million to $1.5 million, Watson estimated.

“Clearly, that’s going to give us more resources to promote mangoes,” he said. “It’s a pretty good kick in the pants.”

As it is, the board typically raises $3.5 million to $3.7 million per year through assessments, Watson said.

“All growers have to pay it, not only the ones that ship into the U.S. but also the growers in California and some of the larger places in Florida,” he said.

S…

DEBUNKING THE BRAZILIAN DEAL...SHIPPING DATA SHOWS THAT EUROPE IS A MUCH LARGER MARKET FOR BRAZIL THAN PREVIOUSLY THOUGHT...

By Will Cavan
Executive Director
International Mango Organization (IMO)
Vista, California


www.mangoworldmagazine.blogspot.com




September 2, 2011






Shipping statistics out of Brazil serve to prove just how important the European market is to Brazil mango exporters.


Last season (2010) Brazil shipped almost four times as much mangoes to Europe than the USA market.


3,801.5 (40 ft) containers were shipped to Europe in 2010 versus 1097 (40 ft) containers to the USA for the same period.


Put in 4 kg box terms, that would be just over 21 million cartons for Europe versus slightly over 7 million cartons for the USA market!


The big difference is that Brazil can ship to Europe on a year round basis as opposed to a three month window for the USA market.


The Brazil volume has been creeping up each year since 2008 when Brazil shipped 5.8 million (4kg) cartons to USA. In 2009 that number jumped up by almost one million cartons to 6.7 million. Last year (2010) volume to USA from Brazil inched up to just over 7 mill…

PROMANGO NO QUIERE RECONOCER LOS ERRORES DE LA ULTIMA CAMPAñA DE MANGO...CREEN QUE NO SE SATURO EL MERCADO USA...

Taiwán y Singapur degustarán el mango peruano, según Promango




Entre los meses de enero y julio, las exportaciones han recuperado su dinamismo.

Ángel Gamarra, presidente de Asociación Peruana de Productores de Mango (Promango), ratificó las cifras de ADEX e indicó que las exportaciones de la fruta seguirán creciendo en el 2012, en un 30% como mínimo.

Asimismo, Gamarra señaló que si bien es cierto que las exportaciones se están diversificando hacia nuevos mercados como: China, Taiwán, Singapur, “en Europa y Estados Unidos el mercado no está saturado y las frutas peruanas tienen aún mucho techo”.

Del mismo modo, el ejecutivo sostuvo que a pesar de la crisis se espera que en la próxima campaña los precios mejoren, así como el consumo. “La National Mango Board (NMB) está haciendo un buen trabajo y hoy sabemos cómo se está comportando el consumidor final, eso -definitivamente- será una gran herramienta para el futuro del mango peruano”.

Finalmente, Gamarra indicó que Promango está tratando de c…

IF LA NIñA RISK INCREASES FOR AFRICA...DOES THAT MEAN AN EL NIñO FOR SOUTH AMERICA ???...THE NEXT FEW WEEKS WILL GIVE US A BETTER IDEA...

La Nina risks increase, to detriment of E. Africa: UN


by Staff Writers
Geneva (AFP) Sept 1, 2011





There is a 50 percent chance the climatic condition known as La Nina -- which is associated with droughts in East Africa -- will return this year, the UN weather agency said Thursday.

"We are increasing the probability of La Nina from 25 to 50 percent," Rupa Kumar Kolli, a climate expert at the World Meteorological Organization said, explaining that the rise was due to recent temperature observations in the Pacific.

"La Nina is associated with drought conditions in east Africa. The last La Nina situation was believed to have caused the drought condition in the greater Horn of Africa," he told reporters, referring to the La Nina event which ended in May.

He however stressed that meteorological predictions were difficult to make and depended on a variety of local conditions.

"And even if a La Nina situation reemerges, it is very likely it will be a very weak La Nina eve…