This Month we began the 7th year of Blue Planet Foods... And with great news!
Beyond the satisfaction for the work and the customers with whom we so appreciate being of service, we just learned that our son Daniel will be out of the Army at the end of this coming month of November!
We thank all of you for the emotional support you have offered to Julianne and me with our son overseas for so long...
And of course your continued support of Blue Planet Foods is very welcomed too...
Happy Upcoming Holidays!
Tuesday, October 31, 2006
Friday, October 20, 2006
California Ripe Olives Reported
As nearing its end and the harvest was one of the worst on record.
Farmers have delivered only about 10,000 tons of olives this year, far below a typical crop due to weather troubles that hit olive groves during bloom and during the growing season, according to The Olive Growers Council.
As a contrast, the last 5 year average of canning utilization tons was 92,580 tons! Last years processed utilization was over 130,000 tons!!! (contrast this with Spain's 5 year production average of over 5.4 MILLION tons)...
Also, as a possible glimpse into the future of Agribusiness problems (along with Restaurants and other labor intense industries with our immigration policies politicized) a number of farmers had trouble hiring enough workers, as the olive crop was ready when other commodities were being harvested, reported California Farm Bureau Federation.
Farmers have delivered only about 10,000 tons of olives this year, far below a typical crop due to weather troubles that hit olive groves during bloom and during the growing season, according to The Olive Growers Council.
As a contrast, the last 5 year average of canning utilization tons was 92,580 tons! Last years processed utilization was over 130,000 tons!!! (contrast this with Spain's 5 year production average of over 5.4 MILLION tons)...
Also, as a possible glimpse into the future of Agribusiness problems (along with Restaurants and other labor intense industries with our immigration policies politicized) a number of farmers had trouble hiring enough workers, as the olive crop was ready when other commodities were being harvested, reported California Farm Bureau Federation.
Thursday, October 19, 2006
Yes It's Raining But....
We just get word from two sources that while it is raining on the Hojis, it is too late for the Queens and Manzanillas...
Prices for the Queens appear to be rising at more than 20%!
And while it is raining on the Hojis, it remains to be seen the impact on the crop which is pulled between Oil producers and Olive Producers...
The California situation is exacerbating the market as demand internationally that may have gone there, is finding it's way to Spain... Early indications from the more pessimistic source is a 15% increase in raw Hojis price.
And there is a rumor of a merger between the two GIANT Olive Coops... Money could then be lost on a giant scale! We'll see....
Prices for the Queens appear to be rising at more than 20%!
And while it is raining on the Hojis, it remains to be seen the impact on the crop which is pulled between Oil producers and Olive Producers...
The California situation is exacerbating the market as demand internationally that may have gone there, is finding it's way to Spain... Early indications from the more pessimistic source is a 15% increase in raw Hojis price.
And there is a rumor of a merger between the two GIANT Olive Coops... Money could then be lost on a giant scale! We'll see....
Tuesday, October 10, 2006
2006 Spanish Olive Crop UPDATE
This report summarizing the current crop situation just came in:
-Queen (Gordal) Olives; harvest almost completed with a total crop of about 60 % of last year. Cost of raw material is expected to increase in the range of 15%, though final prices will not be settled till further later in the year.
-Manzanilla Olives; harvest still running, crop about 80% of the average year; raw material price increase might end being set in about 5% increase over 2005 price . Most significant characteristic seems to be the small size of olives in average.
Possible rains in short term may still help to improve the crop conditions for this variety.
-Hojiblanca Olives; crop will run over the nest weeks. Weather changes (rain) may be of critical impact in the overall situation. Overall the crop of “hojiblanca variety” seems to be good in volume (total harvest) though with higher prices than originally expected so we may not see any discount on raw material cost versus 2005 as originally forecasted, but, still too early to make firm statements on this point.
The effects of California Crop shortage seems to be translated into the market with firmer demand of canned olives incoming from buyers traditionally devote to California Ripe Olives.
This update is subject to the development of weather conditions along the next days; we shall keep you posted on further news.
-Queen (Gordal) Olives; harvest almost completed with a total crop of about 60 % of last year. Cost of raw material is expected to increase in the range of 15%, though final prices will not be settled till further later in the year.
-Manzanilla Olives; harvest still running, crop about 80% of the average year; raw material price increase might end being set in about 5% increase over 2005 price . Most significant characteristic seems to be the small size of olives in average.
Possible rains in short term may still help to improve the crop conditions for this variety.
-Hojiblanca Olives; crop will run over the nest weeks. Weather changes (rain) may be of critical impact in the overall situation. Overall the crop of “hojiblanca variety” seems to be good in volume (total harvest) though with higher prices than originally expected so we may not see any discount on raw material cost versus 2005 as originally forecasted, but, still too early to make firm statements on this point.
The effects of California Crop shortage seems to be translated into the market with firmer demand of canned olives incoming from buyers traditionally devote to California Ripe Olives.
This update is subject to the development of weather conditions along the next days; we shall keep you posted on further news.
Saturday, October 07, 2006
Saffron Moving Up with New Season
The difficulties of the harvest have always made this an expensive item but coupled with the climate is resulting in prices moving up post this season's collection.
From our source we have this comment: "Del mismo modo te comento que desde Julio hasta ahora el mercado del azafrán ha experimentado un incremento en el precio de entre un 16% y un 20%." (Translation roughly from last July to now, prices are up 16% to 20%.)
The good news is that we have a reasonable stock on hand to offset this but the bad news is that this is a delay only as we start feeling the effects of the change with the new arrivals later this year.
Subscribe to:
Posts (Atom)
.jpg)
Posts
