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According to the Tomato Statistics Report released on 17 January by the California League of Food Producers (CLFP), total inventories of U.S. processed tomato products are approximately 12.1 million short tons (sT) (11.004 million metric tonnes (mT)), stated on a raw product equivalent basis, as of December 1, 2018.
Inventory is down 1.7% from the prior year level. Apparent disappearance of tomato stocks has increased 3.6%, totalling approximately 6.6 million sT (5.95 million mT) during the six-month period of June 1, 2018 to December 1, 2018, as compared to the prior reporting period.
Listed below are the 2018-2019 Bulk Tomato Paste and Bulk Tomato “Paste for Sale” pack and inventory estimates as of December 1, 2018 for U.S. Tomato Processors. The 2018-2019 U.S. Processed Tomato Supply and Movement reported is based on an estimated 95.8% of the industry reported data for bulk tomato paste. Representation below is assuming 100% reporting as well as actual paste as reported. A new method has been implemented to adjust volumes to 100% utilizing published industry production data. All numbers are rounded to the nearest 1,000 lbs. for the purposes of this report.
Total bulk tomato paste stocks, including inventory held for remanufacture, were estimated to total approximately 8.5 million sT (7.78 million mT), on a raw product “paid-for tons” equivalent basis, as of December 1, 2018.
The U.S. bulk tomato paste-for-sale inventory on December 1, 2018 was approximately 5.7 million sT (5.18 million mT), on a raw product “paid-for tons” equivalent basis.
CLFP statistics reports are estimates, assuming 100% reporting, of the total U.S. processed tomato supply based on voluntary reports from processors throughout the United States. Participating processors handle approximately 90.0% of total U.S. tonnage of processing tomatoes, and 95.8% of total U.S. paste production.
Comments will be released shortly.
Source: CLFP
