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California: processing intentions revised upwards

02/06/2023

As of May 15, California’s tomato processors reported they have or will have contracts for 12.7 million short tons (sT) (11.5 million metric tonnes (mT) of processing tomatoes for 2023. This production estimate is 2.4% higher than the January intentions forecast of 12.4 million sT (11.25 million mT) and 21.4% above the final 2022 contracted production total. The May contracted...

Northern Italy, the 2023 season: agreement reached at EUR 150 /tonne

30/05/2023

Moderate satisfaction expressed at the agreement reached on May 19 at EUR 150 /mT for the 2023 season in northern Italy. For the agricultural sector, the industry has been strengthened by this episode where representatives of the growers' interests – the "open-air factories" – showed synergy and coherence and where the industrial side demonstrated that it values the...

Global Exports of Tomato Paste, Updated May 26, 2023

26/05/2023

Comparison of monthly exports of tomato paste (HS code 200290) over past two years, comparison with the previous three marketing years Data available for global exports (3.681 million mT) over the full marketing year (March 2022 - February 2023) show a strong increase (+9%) compared to the same period last year. This increase brings the total global exports recorded over a period of twelve...

Impact of CBAM on global metals trade

24/05/2023

How the EU’s carbon border tax will affect the global metals trade Steel is one of the six carbon-intensive industries CBAM will initially apply to, as there is a larger risk of carbon leakage. As explained in a recent analysis report by ING Bank, the European Union's implementation of a Carbon Border Adjustment Mechanism (CBAM) to reduce the risk of carbon leakage as it...

Tomato Paste Prices, May 2023

12/05/2023

Tomato Paste Prices, Last update May 11, 2023 (Spain, Portugal, Italy, China, Chile and USA) Since May 1986, information concerning the prices of pastes on the export market has been made available every month. Since July 2017, a section dedicated to these prices has been featured on our website www.tomatonews.com. For each of the six countries that play a significant role in...

California: heading to a shortened growing season?

11/05/2023

Prices for canned tomato goods could rise as California farms stay soggy after record rain. A shortened growing season could lead to higher prices at the grocery store for pizza sauce to ketchup. “There’s definitely potential for a shortage,” president of the CTGA said. According to US press, ketchup, spaghetti sauce, tomato soup and salsa, all staples in the...

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