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News

2019 price agreement for some California processors

25/07/2019 - Sophie Colvine - 2019 Season
On July 18, the CTGA has agreed a price of  USD75 per short ton (USD82.7 per metric tonne or 74.2 euro per metric tonne) with the following processors for the 2019 season: 
  • Campbells Soup Company 
  • Los Gatos Tomato Products 
  • Ingomar Packing Company 
  • ConAgra Brands, Inc. 
Late Season Premiums are as follows: 
9/15 – 9/21 $0.00 per net ton 
9/22 – 9/28 $4.00 per net ton 
9/29 - 10/5 $8.00 per net ton 
10/6 – 10/12 $12.00 per net ton 
10/13 - end $16.00 per net ton 
The rest of the terms are the same as 2018 Master Agreement. 

As a reminder, CTGA reached agreement with Stanislaus Food Products at USD75.50 per short ton  (USD83.2 per metric tonne) on May 30, and with the following Late Season Premiums: 
9/15 – 9/21 $3.00 per net ton 
9/22 – 9/28 $6.00 per net ton 
9/29 - 10/5 $9.00 per net ton 
10/6 – 10/12 $12.00 per net ton 
10/13 - end $15.00 per net ton 

The CTGA Board "believes that given the current market and difficult crop conditions that will result in a decreased crop size for 2019, the minimum base price of $75 per ton is a fair price for all parties. "

Discussions with the other processors are continuing. 
CTGA Tomato Bulletin July 18 2019
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