Jugos, bebidas, vinos y licoresSep. 1, 2011
Durante la semana 30 se han exportado 28.700 toneladas a los Estados Unidos, 12% más que al mismo período del año pasado
Se ha dado a conocer un reporte sobre el mercado de los citricos en los EE.UU., el cual destaca la importación de 28,700 toneladas métricas de clementinas desde Chile a los Estados Unidos durante la semana 30 de este año; un aumento de 12% respecto al mismo periodo del año pasado.
Through Week 30, Chilean exporters shipped a total of 28 700 metric tons of clementines to the US or approximately 12% more than last year over the same period. Of this 28 700 metric tons, 55% went to the USEC and 45% to the USWC – an allocation that also approximates last season’s market allocation.
These robust shipping numbers, and the relatively stable soft citrus market that has persisted almost all summer long, must be encouraging to growers and exporters. While it is not altogether clear whether the very high expectations among growers for the early season fruit were fully met, from the very start the market never felt glutted. This was in part the result of the arrival of substantially fewer South African clementines in the US in July. In addition, the pacing of Chilean clementine loadings was consistent over the ten-week period that accounts for 75% of the arrivals. What is more, it seems that the early-July freeze in Chile had less of an impact on clementine arrivals than had been initially anticipated.
Clementine prices remain stable with some upward pressure as arrival volumes are on the decline as vacation season ends and as children head back to school. Through Week 34, we are seeing clementines in the 10 x 3 lbs configuration selling at US$ 32-34 for large sizes (with some program prices lower) and US$ 30-32 for the smaller calibers. These prices should remain stable for the next two weeks as the last of the clementines move through the market.
Late mandarins (W. Murcotts) from Peru are now in the market and they will be followed in a couple of weeks by Chilean W. Murcotts and Fortunas. The Peruvian W. Murcotts are today selling at US$ 34-36 representing a slight premium over the conventional clementines from Chile.
Chilean W. Murcotts will start to arrive in Week 36. There will be some initial overlap between the last conventional clementines and the earliest of the W. Murcotts, but buyers and sellers will make the distinction between the two and will price the products accordingly.
Expectations for the late mandarins are running high, this due in large measure to an anticipated decline in South African arrivals and the expectation that the Chilean crop will also be lighter than initially expected. Industry experts estimate that the freeze will hold Chilean W. Murcott exports to their 2010 levels, erasing the growth that had been expected by virtue of new orchards coming into production.
By the first week of September, we expect to see 10 x 3 lbs W. Murcotts selling at US$ 36 – 38 for size 3 and larger. The price for size 4 and 5 will ultimately depend on how big a fraction of the total volume they account for. But they should generate pricing in a 10 x 3 lbs bag configuration of US$ 30-34.
The east coast navel orange market continues to be shared by Chile and South Africa. Through Week 33, Chile has shipped 15 080 metric tons to the USEC and 10 511 tons to the USWC. This tonnage represents a 15% increase over last season with almost all of that increase coming to the USEC.
The South Africans, on the other hand, have to date shipped around 8% (or 100 000 cases) fewer navels to the USEC than they did last season. The last South African bulk loaded navel orange vessel is expected to arrive in Philadelphia on September 5. After that fruit is sold, the orange market will, for all intents and purposes, belong to Chile until the South African Midknights arrive later in the autumn.
Navel orange sales (both Chilean and South African) have been brisk with good weekly uptake by chain-stores throughout the summer creating good movement and manageable week to week inventory carryover – even through the dog days of August.Through Week 34, navels have been selling at US$ 24 for 40’s, 48’s and 56’s, US$ 20-22 on 72’s and US$ 19-20 on 88’s.
In the coming weeks we could see the small size market come under pressure if the Chilean trend toward 72’s and 88’s (perhaps 65% of its non-programmed, open market loadings) continues. Large fruit prices should remain strong as supplies will tighten. The market for imported oranges will also have the added benefit of an expected late start to the California navel harvest.
The lemon market in the USA is shared by three sources: Domestic fruit is still available, Chilean lemons are in plentiful supply and Mexican lemons are also now available. The result is a challenging market.
Chilean lemon pricing is US$ 26-28 for 95’s and 115’s, US$ 24-26 for 140’s, US$ 20-22 for 165’s and US$ 18-20 for 200’s.
By the end of Week 34, approximately 6 000 metric tons of Peruvian Minneolas will have landed in the US. Of those, over 3 000 arrived in the last three weeks. Movement has been sluggish apart from program sales. The result is an over-supply of fruit in the market (especially the USEC).
Today, Peruvian Minneolas are being quoted at US$ 12-14 but are selling (slowly) at US$ 11 – 13. Fruit is also readily available for US$ 10 (and less) in the hands of numerous brokers. As well, there are reports that fruit is being trucked from the over-supplied USEC to the USWC looking for a better price.
As we move into September, the Minneola market should start to strengthen as
inventories lighten and the remaining Minneolas ride on the coattails of increased
autumn citrus demand. The question is how much of the fruit can hold until the
market rebounds. The successful sellers will be the ones that can distinguish which
fruit can wait – and which cannot.