Posts Tagged “feature”
LGS Specialty Sales, a leading importer of citrus, avocados and grapes, has started its Moroccan W. Murcotts season with a strong supply of winter mandarins available now through April 2022.
LGS of New Rochelle, NY has been supplying Mandarins from Morocco to the U.S. for over 15 years between the months of January and April, and from the Southern Hemisphere in the summer until fall. These next few months will serve as the peak of their imported window with good tasting and quality fruit.
“As the largest importer of mandarins in the U.S. out of Morocco, supplying W. Murcotts has allowed us to keep up with this ever-growing demand for easy-peelers,” said Luke Sears, president and founder of LGS Specialty Sales.
“Mandarins are known for their overall excellent quality and taste, and this season’s fruit is nothing short of that. During this time of year, we see high consumption among shoppers looking for ways to incorporate more vitamin C and citrus into their lifestyle.”
The New Zealand apple and pear season is underway with light volume and reports show optimism for the season ahead.
The pear harvest started the last week of January, with apples getting underway the last half of February. Most packers will start running Galas at the end of Feburary with peak volumes expected the first half of March.
An official estimate has yet to be released, but the industry expects to easily match the 23million cartons of apples packed in 2022.
Vanguard International of Issauah, WA reports the spring was hotter than normal with fair amounts of rains to counter any of the potential negative effects of the heat. Recent weather has been hot and dry, but starting mid-January, there was milder weather and rain that should allow trees to catch a break from the heat, stabilize, and recuperate. Sizing is expected to be one size larger than in 2021 across all varieties.
Vanguard was founded in 1991 and is a leading global vertically-integrated fresh fruit growing, packing, marketing, and sales organization with several branches located around the world.
What will it cost to put out that appetizing spread for the Big Game this year? It will cost about 8% to 14% more than 2021, depending on whom you draft to be on your team for one of the biggest food events of the year.
You will need to work on your blocking and tackling for this year’s big game. Your offensive line of carbohydrates and vegetables will need to keep your rampaging snackers from sacking your quarterback of proteins. While the cost of chips and dips, vegetables and other appetizers are up approximately 2% to 5%, they represent your best value to feed those hungry feasters who are all fired up by the clever ads or big plays.
The action on the gridiron will be tame compared with the action on the grill, where prices are up 12% to 18%. Who’s to blame? Just like an armchair quarterback, everyone has an opinion (sometimes powered by the beer or wine, up 4% to 5%). To say the least, it is as confusing as a broken play with three separate penalty flags on the field and instant video challenges.
Let’s work our way through your shopping list:
Chips/dips
Potato chips: In periods of increased supply disruptions and higher food inflation, the humble potato chip offers a stout defense. The U.S. Bureau of Labor Statistics’ (BLS) January pronouncement of inflation(2) shows a subpar increase of 1% versus this time last year. We can thank American farmers’ and food manufacturers’ strong preparation and deft execution for keeping a lid on the price pressure.
Chips/dips
Potato chips: In periods of increased supply disruptions and higher food inflation, the humble potato chip offers a stout defense. The U.S. Bureau of Labor Statistics’ (BLS) January pronouncement of inflation(2) shows a subpar increase of 1% versus this time last year. We can thank American farmers’ and food manufacturers’ strong preparation and deft execution for keeping a lid on the price pressure.
Guacamole/avocados: There is great news in the ever-popular avocado and guacamole category, with food inflation showing about a 1% increase from a year ago3. Most avocados and guacamole come from our Mexican and South American friends. They continue to expand production and execute, keeping the supply ample. Muchas gracias, amigos!
Salsa: Salsa is an all-important complement to the guacamole. It will be more expensive than the chips and the guacamole in terms of price inflation. Salsa is up 6% from last year. Once again, it’s due to labor, packaging, and shipping, rather a lack of chilis and tomatoes.
Veggies
Make sure you stack your offensive line with vegetable all-stars. We’re playing “Moneyball” here for the win. Carrots, celery, and tomatoes (depending on your format and brand) are roughly the same price as last year. Between checking the BLS and Nielsen numbers, we can see that there are lots of options that are flat (or slightly down). As a smart general manager, you should review your options to buy in bulk and prepare them yourself. This requires some prep time before the Big Game, but hopefully your diners will appreciate your Moneyball savvy.
Wings and things
The proteins are where the trouble has shown up in terms of price increases. The grill represents your spending point of pain. There are a lot of moving pieces to the price increases. Is it the “infamous Big Meat”? Or, higher feed costs for all the animals due to corn and soybean spiking close to 100% over that last couple of years? Maybe, COVID’s impact on processing and supply-chain are to blame? Of course, the answer is all those things and more. Your real question looking at the draft board as it stands is, who should you pick with your next draft choice?
Chicken wings: There is nothing but pain in this category. The USDA says prepared chicken wings are up 14% to 26% (bone-in and boneless respectively). The IQF (individually quick frozen) chickens are up 26%. It would seem the IQF is the bigger loser, but that misses the point that they are still $3.57 per pound versus $7.24 (the average) for the prepared wings. Is that the sound of an air fryer I hear? A great call by the GM for drafting a diamond in the rough.
Pork chops: I am moving pork chops up on my draft picks. The BLS is reporting that they are 7% more expensive than last year, but given protein inflation, that makes them a buy. They might not have the cachet of the next item, but steak is packing a world of pain on the pricing front.
Steak: Steak has always been an all-star, but with a 23% price increase from a year ago, is it having a prima donna moment? The BLS shows $11.06 per pound for USDA choice sirloin (versus $8.98 a year ago). The cattle and beef industry is working both structural and temporary issues at this point. The Biden administration has announced initiatives and money to help and regulate the industry. Those could help, but they won’t help this year.
Cocktail wieners: Here’s one that seems popular by different regions, and they are a crockpot powerhouse. The Nielsen data shows them 7% higher than last year. That moves them higher on my draft board. Maybe a couple of extra pounds in the crockpot will help you manage fourth quarter defense against those going back for seconds (or even thirds).
Hamburger: The BLS says ground hamburger is up 17% from a year ago. It’s nation-wide price shows $4.60 a pound. This isn’t nearly as bad as the steak, but it still represents a real commitment. One of the differences for steak versus hamburger is the sourcing and the demand. The U.S. brings in meat to grind into hamburger from Australia and Brazil (to mention the big two), and the U.S. exports high-end cuts to Asia. These market dynamics led to less price pressure for hamburger versus the steaks.
Shrimp on the Barbie
I guess there are two ways to look at featuring shrimp at this year’s big game. It is up sharply from last year’s $3.60 per pound (at the wholesale import level, according to Urner Barry) to close to $4.40 per pound (same index). That’s a 22% increase. However, last year’s price represented a multi-year low due to COVID reducing restaurant demand. Back in January 2018, the index showed the same shrimp being priced at approximately $4.40 a pound. That is about the same price range as today. Now, unless you are buying by the metric ton, you will pay much more at retail prices, but they should move in a relative strong relationship to what we see in the wholesale pricing.
In the cooler
Soft drinks: Food inflation continues to rear its ugly head in the soft drink world. The labor, packaging, and transportation costs are crimping the industry’s ability to match last year’s prices. Here again your general manager skills will need to be applied. According to the BLS, the 2-liter bottles jumped the most by increasing 12%. In contrast, the 12 pack of cans is up 6%. Both represent big jumps compared to general food inflation. Even so, that 2-liter bottle represents a better value if you can get your attendees to agree on the type and flavor.
Beer: The beer industry continues to struggle with modest demand strength and higher input costs. The BLS reports that beer prices are up 4% from a year ago. No doubt, the brewers are facing higher labor, packaging and shipping costs just like the soft drink segment, but the overcapacity in the industry has muted the price increase. Not a bargain like the carbohydrates and vegetables, but it helps the budget.
Wine: The wine industry mirrors the beer industry with its woes. The BLS reports wine prices up 3%, just like beer. Our California wineries and vineyards continue to struggle with much higher labor, water, and transportation costs. However, global supply capacity is making it difficult to pass those cost increases along. This will definitely work in our favor as we prepare for the Big Game.
Tips for keeping costs low
Go for the guac. With avocado prices holding nearly steady since last year, this is a good bang for your buck.
Pick pork. Although prices are up 7%, it’s a bargain for your meat this year. Things to chew on: pork tacos, pork meatballs, and pork sliders.
Bring on the beer. Prices are somewhat stable. Brews will be a good buy for your buck.
As for the Big Game itself, it’s the Cinncinati Bengals vs. the Los Angeles Rams at SoFi Stadium in L.A.
By Gerald Ebert, ALC Richmond
Is the severity of the “supply chain crisis” a direct result of the COVID pandemic? Probably.
Are 15 months of consecutive Year-Over-Year freight cost increases a direct result of COVID and the “supply chain crisis”? That question is not as easily answered.
Most of us in the freight business work in a right here and right now world. We win and lose looking into a crystal ball that has been very cloudy the last few years. We work hard to find commonalities with past trends to help give us even the slightest advantage.
Even with years of experience and more real-time data than ever before at our fingertips, every tight truck market is the “tightest we have ever seen”, while a loose truck market seems to add hours to every day.
As everything these days is a “crisis”, it is not uncommon to hear that the national reopening that followed the COVID shut down was the beginning of the current capacity “crisis.”
It’s true, that average truckload prices did increase approximately 80% from the end of the COVID shutdown through the close of 2020. This trend continued through 2021. Only as 2021 closed, did we see the Year-Over-Year gap shrink to reasonable comparisons.
With all that has happened since we found ourselves adjusting to a new and often unwelcome reality, it’s easy to forget that before The COVID Shutdown, The Great Reopening, The Workforce Shortage, The Supply Chain Crises, and Surging Inflation, there was January, February, and March of 2020.
I recall having numerous, maybe daily, conversations with colleagues in those three months in which we opined, “This the tightest market we have ever seen.” It wasn’t. In fact, it didn’t really come close in comparison to the capacity challenges we faced in June and July of 2018.
The industry, and those of us that work in it every day, were simply conditioned by an unusually long 24 to 26 month cycle of demand and rate decline. It is likely that the COVID pandemic was just an unpredictable pause of the inevitable rebound we are still dealing with today.
2022 is not showing any signs of a downward correction. Most are predicting mild 3-5% increases when compared to 2021. The reality is that we won’t know until the year concludes. That’s the way transportation works. Hindsight is crystal clear. The only thing crystal clear about the future in transportation is that it will be different than it was the previous year.
The market doesn’t recognize any calendar or bid cycle. It doesn’t show mercy for the unpredictable. When the market destroys your budget, it shouldn’t destroy solid relationships that have been built over years.
2021 proved, yet again, that any commodities market is measured by a simple supply and demand equation. From 2018 through 2019, that equation favored the shipper. For most of 2020 through today, and for the foreseeable right here and right now future, it has forced shippers to battle for capacity. Trusted resources and strong relationships have never been more important. That crystal clear hindsight view will verify those relationships.
****
Gerald Ebert began his career with Allen Lund Company as a transportation broker in the San Antonio office. In 1999, Ebert transferred to ALC Richmond and was promoted to the manager of the Richmond office in 2000.
The 2022 pre-season forecast by the California Avocado Commission of Irvine, CA projects a 306-million-pound crop, which is nearly a 15% increase over the last fiscal year.
About 80% of the California avocado season volume is expected to occur from April through August, with the season winding down starting in September. The Commission’s fiscal year runs from November 2021 through October 2022.
Market conditions will be a key factor for when California avocado growers begin harvesting; although some growers have already begun to pick. Volume is expected to ramp up in earnest around March.
California avocado growers received welcomed rains in December and January. This moved the region from severe drought to moderate drought conditions, and rain usually has a positive impact on tree health and avocado sizing.
The majority of the harvest will be the Hass variety; Lamb Hass, GEM and other varieties also are being commercially grown.
California has about 3,000 growers in the Golden State. The California Avocado Commission serves as the official information source for California avocados and the California avocado industry.
Lineage Logistics, LLC, the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced the strategic expansion of its facility network near the major port in Savannah, GA.
“Savannah is the fastest growing port and largest single container terminal in North America. Lineage’s new facilities in this high-demand location will provide additional capacity and value-added services in a critical market for our customers,” said Greg Lehmkuhl, Lineage’s President and CEO. “We are constantly looking for ways to maximize and further streamline Lineage’s total supply chain, and our meaningful growth in Savannah will offer customers increased access to faster, more reliable distribution opportunities to markets across the Southeast.”
Lineage recenrly announced its plans to break ground on a next-generation facility near the Port of Savannah to handle fresh produce and perishable imports. The Company will invest $62 million in the new building, which, upon completion, will create 65 new jobs in Chatham County’s Port Wentworth, in addition to nearly 100 jobs required for the project’s construction. Operating as a cross-dock, in which product enters one side of the building and exits the other side via truck on the same day, the facility will also provide fumigation, packaging and other value-added services for customers to move fresh product efficiently to markets across the Southeast. Construction is expected to be complete by the end of 2022.
In addition, Lineage announced the Phase I opening of its temperature-controlled warehouse on Tremont Road adjacent to the Port of Savannah. Serving both imported and exported products like poultry, the facility features a 19,000-square-foot blast freezer, a boxing room and customs brokerage capabilities to provide streamlined processing in and out of the port. Once fully operational, the facility will employ up to 100 Georgia residents.
Combined, the newly announced facilities expand Lineage’s presence in the market by more than 500,000 square feet of capacity. In total, the Company’s network will span four facilities in Savannah with twelve facilities across the State of Georgia.
About Lineage Logistics
Lineage Logistics is the world’s largest temperature-controlled industrial REIT and logistics solutions provider. It has a global network of over 400 strategically located facilities totaling over 2 billion cubic feet of capacity which spans 19 countries across North America, Europe and Asia-Pacific.
Bakersfield, CA based Country Sweet Produce’s Bako Sweet line of sweet potatoes are now certified by the American Heart Association’s Heart-Check Food Certification Program just in time to celebrate American Heart Month and National Sweet Potato Month this February.
As shoppers look for healthier, but still tasty ways to incorporate fresh foods into their diets this year, sweet potatoes remain top of mind. Not only are they heart-healthy, but they have also taken center stage as a gluten-free alternative thanks to Whole30 influencers who brought us sweet potato toast and Vegan influencers who made sweet potatoes the star of so many plant-based dishes. Just last month, Bako Sweet’s Organic Sweet Potato Steam Bags won the Eat This, Not That 2022 Food Award for Best Healthy Starchy Side.
To celebrate National Sweet Potato Month this month, Bako Sweet is hosting a Grown With Love giveaway on its Instagram page from Feb. 1 – 28, where people have the opportunity to win a year of free sweet potatoes, a heart-shaped Le Creuset dish, and their new “sweet potato lovers” swag. Last year the brand hosted a similar giveaway and saw more than 5,000 participants.
Bako Sweet offers a library of heart-healthy recipes that also work well for Superbowl and Valentine’s Day, including:
“Sweet potatoes are such a fun food and their nutritious benefit is hard to beat since they are rich in Vitamin C, potassium, and loaded with fiber,” said Whitney Stuart, dietitian and diabetes educator at Whitness Nutrition. “A sweet potato is the perfect high-fiber compliment to any meal since they can be used for sweet or savory dishes.”
The updated Florida citrus shipping forecast released by the USDA’s National Agricultural Statistics Service reveals a decline.
All Oranges 44.5 Million Boxes
The 2021-2022 Florida all orange forecast released today by the USDA Agricultural Statistics Board is 44.5 million boxes, down 1.50 million boxes from the December forecast. If realized, this will be 16 percent less than last season’s final production.
The forecast consists of 17.5 million boxes of non-Valencia oranges (early, mid-season, and Navel varieties) and 27.0 million boxes of Valencia oranges. A 9-year regression has been used for comparison purposes. All references to “average”, “minimum”, and “maximum” refer to the previous 10 seasons, excluding the 2017-2018 season, which was affected by Hurricane Irma. Average fruit per tree includes both regular and first late bloom.
Non-Valencia Oranges 17.5 Million Boxes
The forecast of non-Valencia production is lowered 500,000 boxes to 17.5 million boxes. Final fruit size is close to the minimum, requiring 326 pieces to fill a 90-pound box. Final droppage of non-Valencia oranges (excluding Navels) at 39 percent is close to the maximum. The Navel forecast, included in the non-Valencia forecast, is unchanged at 450,000 boxes, and is 3 percent of the
non-Valencia total.
Valencia Oranges 27.0 Million Boxes
The forecast of Valencia production is lowered 1.00 million boxes from the December forecast to 27.0 million boxes. Current fruit size is close to the minimum and is projected to be close to the minimum at harvest. Current droppage is above average and projected to be above average at harvest.
All Grapefruit 4.10 Million Boxes
The forecast of all grapefruit production is unchanged from December at 4.10 million boxes. If realized, this will be equal to last season’s final production. The red grapefruit forecast is held at 3.30 million boxes. Fruit size of red grapefruit at harvest is projected to be average, and droppage is projected to be average. The white grapefruit forecast is unchanged at 800,000 boxes. Projected fruit size of white grapefruit at harvest is above average. White grapefruit droppage is projected to be below average.
Tangerines and Tangelos 800,000 Boxes
The forecast for tangerines and tangelos is reduced 100,000 boxes from December and is now 800,000 boxes, 10 percent less than last season’s utilization of 890,000 boxes. This forecast number includes all certified tangerine and tangelo varieties.
An increase in imports of Chilean nectarines by the U.S. and Europe are expected this season. A primary reason is due to the availability of 60 to 80 count size fruit, which are popular on both continents. The high volume in these sizes of nectarines is attributed primarily to the drought in Chile.
The first varieties available are Garcica, White Royal, Magique and Boreal followed later in mid-January with all the Pearl varieties. Harvest is 10-days later this season compared to the 2021 season.
To date, the entire Chilean industry has shipped 7,400 tons, which is approximately 30% less than last year during the same period. The decrease in volumes to date has been caused by challenging weather conditions. Growers expect to be catching up in 2022 with the total expected volume shipped to be very similar to last year, with an export volume of Chilean nectarines of 70,500 tons.
Tons per market estimates look like:
• Far East: 30,000 tons
• Europe: 12,000 tons
• USA East Coast: 11,000 tons
• USA West Coast:6,500 tons
• Canada: 2,000 tons
• Latam: 9,000 tons
As seen with other commodities this year including cherries, labor costs have increased 30% – 40% in packaging and packing costs. In addition, we are seeing freight rates almost double in particular to Asian markets.
As the season is just beginning, we are hopeful the freight and labors costs decrease once the Chilean Cherry season concludes.
Plant City, FL – International grower and year-round marketer of strawberries, blueberries, blackberries and raspberries, Wish Farms, is proud to announce the fifth berry to its lineup: Pink-A-Boo Pineberries®.
The trademarked name is a play on words, giving nod to the berry’s ripe pink hue. Pineberries are white in color and turn a pink blush when ripe. It has a strawberry flavor, but with essences of pineapple, pear, and apricot. Since their sugar content is slightly higher, and they have lower relative acidity than traditional red strawberries, pineberries have a delicate flavor finish that leaves the palate pleasantly refreshed.
“I think this new berry is going to be a big winner for Wish Farms, our growers, and our retail partners,” said Wish Farms owner Gary Wishnatzki, “Our entire team is energized, and we are putting on a full court press to make it a success. We have a commitment to a serious marketing strategy that is going to move the needle in the marketplace.”
Pink-A-Boo Pineberries® are packed in a one layer, 10 oz consumer unit. The label features a picture of a ripe pineberry and the phrase “Ripe and Ready” for further emphasis. The branded, bright pink box holds six of these units, and its vibrant color is eye-catching on display.
The pineberry was developed through traditional breeding techniques at the University of Florida. In fact, the red strawberries consumers enjoy today were crossed with a wild white strawberry many years ago. Wish Farms decided to prominently display “NON-GMO” on its label.
Director of Marketing, Amber Maloney: “Shoppers have become conditioned to look for a bright red strawberry, so it is up to us to educate the consumer on this unique addition to their produce aisle. In addition to the call outs on the label and point of sale signage, a robust social media campaign is planned across multiple platforms.”
Last season, retail trials were executed successfully on a small scale. With a ramp up from 6 acres, the company has exponentially increased acreage of Pink-A-Boo Pineberries® in its strawberry growing regions in Florida and California.
Wish Farms is harvesting nearly 100 acres of Pink-A-Boo Pineberries® in Florida from December to April, and 150 acres in California with modest volumes beginning January, increasing through June and into fall.
Wishnatzki: “Our farm teams in Plant City, Duette, Salinas, Santa Maria, and Oxnard have had good experience growing and packing pineberries so I’m confident that it will be a great season for quality and taste.”
About Wish Farms:
Feel Good. Eat Berries. Make A Difference.
It isn’t just a catchy phrase, giving back is engrained in the company culture. Through the Wish Farms Family Foundation, a portion of profits are dedicated to their three pillars of giving: Food Insecurity, Youth Education and Community. With a defined mission, they hope to make the world a better place.
Founded in 1922, Wish Farms is a fourth-generation, family operated company. As a year-round supplier of strawberries, blueberries, blackberries, raspberries, and now Pink-A-Boo Pineberries®, it grows both conventional and organic varieties. Nationally recognized for innovation, Wish Farms utilizes patented traceability technology to ensure quality and safety by tying consumer feedback to specific information from each day’s harvest. For more information, please visit www.wishfarms.com