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News

US inventories on December 1, 2023 (report)

16/01/2024 - Press release , François-Xavier Branthôme
U.S. Processed Tomato Stocks-on-Hand Report for December 1, 2023

According to the reports released by the California League of Food Producers (CLFP) on January 15, 2024, total inventories of U.S. processed tomato products were approximately 8.7 million t (9.6 million tons), stated on a raw product equivalent basis, as of December 1, 2023. Inventory is up 29.6% from the prior year level. Apparent disappearance of tomato stocks has decreased 2.7%, totaling approximately 6.1 million t (6.7 million tons) during the six-month period of June 1, 2023 to December 1, 2023, as compared to the prior reporting period. 
 
Total bulk tomato paste stocks, including inventory held for remanufacture, were estimated to total approximately 6.5 million t (7.2 million tons), on a raw product “paid-for tons” equivalent basis, as of December 1, 2023.

The U.S. bulk tomato paste-for-sale inventory on December 1, 2023 was approximately 4.6 million t (5 million tons), on a raw product “paid-for tons” equivalent basis.
Listed below are the 2023-2024 Bulk Tomato Paste and Bulk Tomato “Paste for Sale” pack and inventory estimates as of December 1, 2023 for U.S. Tomato Processors. The 2023-2024 U.S. Processed Tomato Supply and Movement reported is based on an estimated 99% of the industry reported data for bulk tomato paste.
 

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 95.1% of total U.S. tonnage of processing tomatoes, and 99% of total U.S. paste production.

Some complementary data
Due to a recent modification disclosed by one of the reporters, corrections have been made to the December 2022, March and July 2023 reports. Here are presented the attached amended reports with alterations highlighted.
2022-2023 Bulk Tomato Paste and Bulk Tomato “Paste for Sale” pack and inventory estimates remain unchanged.
 

This report is also available on the CLFP website.
This report is an estimate of total U.S. supply and demand for processed tomato products. Reports are based on voluntary pack and inventory reports furnished by participating U.S. processors.
All positions are stated on a "raw product tons" equivalent basis.
CLFP "Pack Year" begins June 1 and ends May 31.

Source: CLFP
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