Peru releases 2011-12 mango forecast
August 30th, 2011
Peru’s Association of Mango Producers and Exporters (APEM) expects volumes to fall to 180,000 metric tons (MT) during the 2011-12 season, website Andina.com.pe reported.
(IMO NOTE: EVEN 180,000,000 MT EQUALS 45 MILLION (4kg) CARTON EQUIVALENTS)
(IMO NOTE: EVEN 180,000,000 MT EQUALS 45 MILLION (4kg) CARTON EQUIVALENTS)
APEM president Mario Salazar told the website the production forecast was a reduction on previous values that fluctated between 200,000-250,000MT, which led to a market oversupply and lower prices.
(IMO NOTE: AGAINST ALL CLAIMS, BARRING AN "EL NIñO PHENOM, THIS WILL BE A BUMPER CROP FOR PERU (HIGH PRODUCTION YEAR ON ALTERNATING CYCLE) PERU WILL PRODUCE MORE FRUIT THAN LAST YEAR.)
(IMO NOTE: AGAINST ALL CLAIMS, BARRING AN "EL NIñO PHENOM, THIS WILL BE A BUMPER CROP FOR PERU (HIGH PRODUCTION YEAR ON ALTERNATING CYCLE) PERU WILL PRODUCE MORE FRUIT THAN LAST YEAR.)
“For example, in the last two campaigns we have sent 300 containers of fresh mangoes weekly to the United States, when the market supports a maximum of 180 containers,” Salazar was quoted as saying.
(IMO NOTE: THIS IS 80 CONTAINERS PER WEEK MORE THAN WHAT BRAZIL IS FORECASTING, AND THEY HAVE THE MARKET ALL TO THEMSELVES BEFORE ECUADOR STEPS IN!!!)
(IMO NOTE: THIS IS 80 CONTAINERS PER WEEK MORE THAN WHAT BRAZIL IS FORECASTING, AND THEY HAVE THE MARKET ALL TO THEMSELVES BEFORE ECUADOR STEPS IN!!!)
He said the lack of returns for growers meant there was less funding for re-investment, causing malnourishment and underperformance for many farms, the story reported.
(IMO NOTE: THIS IS THE ONLY TRUTH IN THE ARTICLE. ACTUALLY, FARMS ARE IN OVER THEIR HEADS WITH THE BANKS AS WELL!)
(IMO NOTE: THIS IS THE ONLY TRUTH IN THE ARTICLE. ACTUALLY, FARMS ARE IN OVER THEIR HEADS WITH THE BANKS AS WELL!)
“If the climatic conditions that have occured recently continue in this context, then it’s predicted there would be less production in the current 2011-12 campaign.”
(IMO NOTE: NO REASON TO BELIEVE 2012 WILL BE LESS THAN LAST YEAR. FORECAST IS FOR A REPEAT OF "LA NIñA" PHENOM...ONLY HOPE? IS FOR 2009 REPEAT OF "EL NIñO TO REDUCE EXPORTS)
(IMO NOTE: NO REASON TO BELIEVE 2012 WILL BE LESS THAN LAST YEAR. FORECAST IS FOR A REPEAT OF "LA NIñA" PHENOM...ONLY HOPE? IS FOR 2009 REPEAT OF "EL NIñO TO REDUCE EXPORTS)
The country’s main mango-producing regions are Piura (October to January), Lambayeque (January and February) and Ancash (March).
The market is broken down into 68% for export and 32% for local consumption.
(IMO NOTE: BEST CASE SCENARIO PER APEM: 68% OF 180,000 MT = 30,600,000 (4kg) CARTONS!)
Photo: Andina
www.freshfruitportal.com
www.freshfruitportal.com
