By Will Cavan
Executive Director
International Mango Organization (IMO)
Vista, California
August 12, 2011
By this time next week, the first Brazil Tommy Atkins will be arriving Northeast USA.
The first vessel has 14 containers and sailed from Fortaleza last Saturday. This weekend a second vessel with approximately 75 containers will set sail.
After that weekly shipments of roughly 100 containers per week are projected for the USA market.
Brazil plans an orderly program of roughly 6,000,00 cartons for the season and hopes to keep the FOB range within a $6.00 to $8.00 target similar to last season.
The big question marks are Ecuador and Peru.
The season is running late on the Pacific side of South America.
Ecuador plans to begin harvesting in September.
Last season, Ecuador ran a very well coordinated season and reaped the benefits until Peru flooded the market.
Hopefully, this year will be different.
This lag on the west coast, should help California production and sales and the tail end of the Mexican deal which has been running into quality problems this year.
It appears that the Los Mochis fruit is coming in rough and this is keeping FOBs in the $3.75 to $4.00 range.
The preliminary report on the Brazil fruit is that quality is excellent with good color and the proper maturity.
Hopefully Mexico will clean up on the west coast before Ecuador comes in for a smooth transition.
Reports from Peru is that the bloom is only about 30% at present and the crop is running late. We will have a better idea by mid September on crop size. At this juncture, the IMO is afraid that Peru will duplicate last seasons volume of 12,000,000 cartons for the USA market.
The big challenge for Ecuador will be to get in and out of the market before Peru floods it.
And the Challenge for Peru will be to coordinate shipments and volume to peak before the end of February 2012 and Mexico's volume.
The IMO will be very surprised if Peru can coordinate a responsible time & volume program.
Only time will tell....
Executive Director
International Mango Organization (IMO)
Vista, California
August 12, 2011
By this time next week, the first Brazil Tommy Atkins will be arriving Northeast USA.
The first vessel has 14 containers and sailed from Fortaleza last Saturday. This weekend a second vessel with approximately 75 containers will set sail.
After that weekly shipments of roughly 100 containers per week are projected for the USA market.
Brazil plans an orderly program of roughly 6,000,00 cartons for the season and hopes to keep the FOB range within a $6.00 to $8.00 target similar to last season.
The big question marks are Ecuador and Peru.
The season is running late on the Pacific side of South America.
Ecuador plans to begin harvesting in September.
Last season, Ecuador ran a very well coordinated season and reaped the benefits until Peru flooded the market.
Hopefully, this year will be different.
This lag on the west coast, should help California production and sales and the tail end of the Mexican deal which has been running into quality problems this year.
It appears that the Los Mochis fruit is coming in rough and this is keeping FOBs in the $3.75 to $4.00 range.
The preliminary report on the Brazil fruit is that quality is excellent with good color and the proper maturity.
Hopefully Mexico will clean up on the west coast before Ecuador comes in for a smooth transition.
Reports from Peru is that the bloom is only about 30% at present and the crop is running late. We will have a better idea by mid September on crop size. At this juncture, the IMO is afraid that Peru will duplicate last seasons volume of 12,000,000 cartons for the USA market.
The big challenge for Ecuador will be to get in and out of the market before Peru floods it.
And the Challenge for Peru will be to coordinate shipments and volume to peak before the end of February 2012 and Mexico's volume.
The IMO will be very surprised if Peru can coordinate a responsible time & volume program.
Only time will tell....
