Respect for your privacy is our priority

The cookie is a small information file stored in your browser each time you visit our web page.

Cookies are useful because they record the history of your activity on our web page. Thus, when you return to the page, it identifies you and configures its content based on your browsing habits, your identity and your preferences.

You may accept cookies or refuse, block or delete cookies, at your convenience. To do this, you can choose from one of the options available on this window or even and if necessary, by configuring your browser.

If you refuse cookies, we can not guarantee the proper functioning of the various features of our web page.

For more information, please read the COOKIES INFORMATION section on our web page.


News

US inventories as of December 1, 2023 (comment)

25/01/2024 - François-Xavier Branthôme
Data released on January 15 by the California League of Food Producers (CLFP) details US processing results for the past season, with just over 12 million metric tonnes (t) (13.269 million short tons) processed in 2023, up 20% on the 2022 campaign results. This exceptional increase, which US processors had been hoping for, is at the root of the sharp rise in inventory levels recorded on December 1, 2023 – a rise that is entirely consistent and compatible with current rates of apparent disappearance.
 
As far as can be deduced from December's figures, apparent monthly disappearance currently stands at around 837,000 t (raw tomato equivalent), some 7% down on its December 2022 level, bringing apparent consumption over the last twelve months (December 2022-November 2023) to just over 10 million t. 
In a detailed breakdown, this drop in apparent consumption seems to be due to a slowdown in year-on-year sales of paste held for remanufacture and products other than paste, only partly offset by a significant rise in sales of paste for sale.
 
At the current rate of apparent disappearance, the 8.72 million tonnes (raw tomato equivalent) physically present in US factory warehouses as of December 1 should supply the market (domestic consumption and exports) for just over ten months, i.e. until the first days of October 2024. The surplus represents no more than one or two weeks' consumption.
 
California's preliminary processing intentions, which usually represent 96% of total US intentions, were published on January 24, 2024: they amount to 10.520 million t (11.6 million short tons) and are presented in a separate article.

Some complementary data
US inventories as of December 1, 2023
 

Apparent monthly disappearance pattern over twelve months
 

Due to a recent modification disclosed by one of the reporters, corrections have been made to the December 2022, March and July 2023 reports. To see the amended reports with alterations highlighted, click here.

Sources: CLFP
Related companies

CLFP

Professional or non-profit organisation See details
Related articles

California 2024 processing intentions

25/01/2024 See details

US inventories on December 1, 2023 (report)

16/01/2024 See details

US inventories as of June 1, 2023 (comment)

27/06/2023 See details

US inventories of tomato products as of December 1st, 2022 (comment)

12/01/2023 See details

U.S. tomato products inventory as of June 1, 2022

30/06/2022 See details

U.S. Processed Tomato Stocks-on-Hand Report for December 1, 2021 (comment)

21/01/2022 See details
Back

________________________________________

Editor : TOMATO NEWS SAS -  MAISON DE L'AGRICULTURE - TSA 48449 - 84912 AVIGNON Cedex 9 - FRANCE
contact@tomatonews.com
www.tomatonews.com

 

 

Supporting partners
Featured company
Goglio S.p.A.
Most popular news
Featured event
15th World Processing Tomato Congress and 17th ISHS Symposium on Processing Tomato
Our supporting partners
immediate bitwave Library Z-Library