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Showing posts from September 13, 2011

WHY $6.00 - $7.00 TOMMY ATKINS FROM BRAZIL (7-10 COUNT) PER CARTON...ARE A BETTER DEAL AT RETAIL LEVEL...THAN $4.00 KEITTS FROM MEXICO (4-6 COUNT) PER CARTON...

Prices jump (in theory) as mango deal shifts to Brazil

09/13/2011 4:33:12 PM
Andy Nelson


Prices have jumped $2 to $4 per box as the Mexican mango deal yields to Brazil.

Pompano Beach, Fla.-based Central American Produce Inc. expected to wind down its Mexican mango deal the week of Sept. 12 and to begin shipping Brazilian mangoes the following week, said Sabine Henry, the company’s tropicals manager.

Central American will likely have a supply gap because of dwindling supplies from Mexico and a late start to its Brazilian deal, Henry said.

By September, Mexican supplies had fallen from 14-16 loads per week to eight to 10 loads, and early-season Brazilian shipments would likely total only three or four weekly loads.

On Sept. 13, the U.S. Department of Agriculture reported prices of $6.50-7 for boxes of tommy atkinses 7s from Brazil, up from $6-6.50 last year at the same time.

A “few stragglers” would continue to ship from Mexico until about the third week of September until the deal winds down …

APEM (PERU) FLOODS USA MARKET AND THEN FALSELY CONGRATULATES THE NATIONAL MANGO BOARD(NMB) FOR "GROWING" SALES...THROUGH "PROMOTIONS" THAT NEVER TOOK PLACE...WHAT A JOKE!...FOR EVERYONE EXCEPT THE PERUVIAN MANGO FARMERS!!!...

Retail promotions continue to favor fruit sales in the U.S.

Peru: Mango consumption grew 126% due to the NMB promotions
According to the latest quarterly report of the National Mango Board (NMB) during the promotions that were carried out, the mango volume marketed in the U.S. retails increased by 126%, regarding last year.



Because the organization has placed more emphasis on mango special announcements with educational nutrition information, increasing in this area went over 200%.



Similarly, the NMB noted that the sampling events in the areas west, south and central of the U.S. had better reactions to promotions, achieving an increase in consumption by up to 465%.



APEM supports the request of the NMB



In that sense, Mario Salazar, president of the Peruvian Association of Mango Producers and Exporters (APEM) said the work done by the NMB in promoting fruit is "more than good".

Also, the executive said that support the request of the National Mango Board (NMB) to increase from $ 0.05…

WHAT BRAZIL BUYS FROM USA IN EXCHANGE FOR ALL THE MANGOES THAT THEY SHIP TO USA...

What Brazil Is Buying


                                                                                                                      September 12th, 2011


Cotton and ethanol leap into Brazil’s top 5 imports from the US

by Bill Armbruster, blog anchor



China has roared past the US to become Brazil’s top trade partner, but the US is still the top exporter to the Latin American giant, and those exports – plus the US surplus in bilateral trade – are growing rapidly.

 In the first six months of this year, Brazil’s purchases of US goods totaled $15.7 billion, while its exports to the US totaled $11.7 billion, giving the US a $4 billion surplus, according to Datamyne’s Brazilian trade statistics. 

Those totals compare with $12.1 billion in US exports to Brazil in the first half of 2010, and imports of $9 billion.


Taking a closer look at the trade data, I came across a few surprises.



Refined oil, coal and turbojets topped the list of US exports in the first half of this year but – here’s one sur…

WHAT THE IMO & MISS UNIVERSE PAGEANT RESULTS HAVE IN COMMON...

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




www.mangoworldmagazine.blogspot.com




September 13, 2011






While for some this may be a real stretch, the IMO finds many parallels between the Miss Universe Beauty Pageant and data about the IMO Blog and as an extension the realities in the mango world..


The IMO argues that where man goes so go mangoes or where mangoes grow...man goes. 




Where mangoes grow so does beauty and last night's events brought home that point with an important twist: That not only where mangoes grow, but also where there is a peaked interest in mangoes as well, so does beauty blossom!


As everyone knows by now the final 5 most Beautiful women in the world hail from the following countries:









ANGOLA:


Africa is the future of mango production and mangoes are the way out for this war torn country.











UKRAINE:


In the case of Ukraine, the parallel is unique. IMO has been following a peaked interest from Ukraine and consumption of mango is rising …

CONTAINER SHIPS WILL TRANSPORT 75% OF ALL PERISHABLE CARGO BY 2014 REPORT FORECASTS...

Report Sees Container Ships Dominating Perishables Market

Created by HButler on 9/13/2011 3:00:45 PM


Container ships will transport three quarters of perishable reefer cargo by 2014 as they take further market share from specialized refrigerated vessels, according to a new report.

The rise of containerized reefer shipping is depressing charter rates for refrigerated ships, which are facing a “cautious” financial outlook, the report by Drewry Maritime Research stated.

“With 12-month charter rates forecast to continue sliding, scrapping levels gaining pace and for the first time an empty new build order book, the industry is changing fast,” according to the London’s firm’s annual reefer shipping review.

Reefer rates fell 10 percent in 2010 and are still retreating, although world trade in perishable products is increasing and demand for reefer capacity is “still healthy.”

Container ships are forecast to carry some 74 percent of perishable reefer cargo by 2014, when they will provide up to 95 …

MAERSK WANTS TO MAKE SHIPPING A SCIENCE RATHER THAN ART...WILL PAY CUSTOMERS FOR LATE ARRIVAL ON ASIA TO EUROPE ROUTE...

Maersk to Compensate Shippers for Late Cargo

Peter T. Leach 
| Sep 12, 2011 2:20PM GMT

The Journal of Commerce Online - News Story







Setting a standardized cut-off time for cargo being loaded on Asia-Europe vessels



Maersk Line is setting a standardized cut-off time for cargo being loaded on vessels on its Asia-Europe services, and the world's largest container line will pay shippers an unspecified compensation if delivery is late.

The company’s promise to pay compensation for any shipments that are not delivered to Europe on time amounts to the first step taken by Maersk Line to substantiate the call last June by CEO Eivind Kolding for radical changes in the way the container industry conducts business.

The Danish company said the service, known as “Daily Maersk,” will have a common daily cut-off time for all of its 70 vessels operating between four ports in Asia (Ningbo, Shanghai, Yantian and Tanjung Pelepas) and three ports in Europe (Felixstowe, Rotterdam and Bremerhaven).

Maersk, which …

EL ESTADO DE COLIMA, MEXICO REPORTA REDUCCION DE INCIDENCIA DE "ESCAMA BLANCA" EN EL MANGO...

México: Reportan bajos niveles de escama blanca en mango

Juan Jaime Prieto Martínez, coordinador de la campaña Manejo Fitosanitario del Mango, quien atiene de manera específica la enfermedad de la escama blanca del mismo cultivo en el Comité Estatal de Sanidad Vegetal de Colima, aseguró que este año lograron mantener niveles bajos de éstas, gracias a las actividades que emprendió el Cesavecol.


Fuente: Diario De Colima


Fecha de publicación: 13/09/2011

ROUBINI GLOBAL ECONOMICS: OUTLOOK FOR TUESDAY, SEPTEMBER 13, 2011 CALLS FOR GLOBAL STALLING...WITH A FEW EXCEPTIONS...ROUBINI NOT AS GLOOMY AS NORMAL...

RGE Daily Top 5

North America Weekly: U.S.: President Obama’s Jobs Program and Upside Risks; Canada: Slowing Employment Momentum

By Prajakta Bhide and Tetiana Sears: 





Relative to our baseline assumptions, Obama's proposed jobs program could boost the growth outlook by an additional 1.5%, alleviating the fiscal drag penciled in for 2012, but only if passed in entirety. 


Thus, the proposals are not sufficient to have a significant net positive stimulus impact in 2012.


Canadian employment registered a 5,500 decline in August, in contrast to market expectations for a 21,500 gain. 





While the weak headline figure masks some positive details—full-time employment continued to grow, partly offsetting losses in part-time jobs and self-employment—the overall trend shows softened momentum.

Read more


LatAm Weekly: Monetary Policy in Brazil, Mexico, Chile and Peru; Economic Activity in Argentina; Politics in Mexico

By Juan Lorenzo Maldonado, Bianca Taylor and Maria Jose Hernandez: 





We interpret the late…

PHILIPPINES PROVE WHY THEY ARE WORLD LEADER IN MANGO PROCESSED INDUSTRY...

PIA Press Release
Tuesday, September 13, 2011


Nueva Ecija gov't , Korean firm to set up mango processing plant






BALER, Aurora September 13 (PIA) -- The provincial government of Nueva Ecija is looking into a partnership with a Korean food processing company for the setting up of a P30 million mango processing plant in line with the goal of turning the province into a food basket in Luzon and in line with the public-private partnership scheme.



Gov. Aurelio M. Umali said that the provincial government is fine-tuning the joint venture with Drupe International, Inc. for a 1,000 square meter mango processing facility.



Umali said that the partnership will harness Nueva Ecija's potentials as a major mango producing area, with the province now ranking first in mango production in Luzon with huge plantations in Palayan City, General Tinio, Jaen and Talavera. (WLB/JSL-PIA 3/NEJ)


http://www.pia.gov.ph/?m=1&t=1&id=53965



NYU (STERN BUSINESS SCHOOL) ECONOMIC MODEL PUTS THE CURRENT USA ECONOMIC SITUATION INTO CONTEXT

The Case for Going Long!


Richard Sylla, economic historian and professor of economics at New York University's Stern School of Business


"People ought to take a longer view and think in terms of years and even decades," Prof. Sylla says. "Most people are quite pessimistic right now. I am saying: The market may go down from here. It may go up. But if you look at the long sweep of history, this seems like a good time to buy because the average return is down near the bottom" and is likely to go up." Source WSJ







BRAZIL TOMMY ATKINS PREDOMINATE QUOTES ON THE EUROPEAN MARKET...