US inventories on June 1, 2022 (report)
- Press release
, François-Xavier Branthôme
Total inventories of U.S. processed tomato products were just under 3.3 million short tons (sT), stated on a raw product equivalent basis, as of June 1, 2022, according to a report released today by the California League of Food Producers. Inventory is down 4.0% from the prior year level. Apparent disappearance of tomato stocks decreased 12.6%, totaling approximately 11.4 million sT during the twelve-month period of June 1, 2021, to June 1, 2022.
Total bulk tomato paste stocks, including inventory held for remanufacture, were estimated to total 2.2 million sT, on a raw product “paid-for tons” equivalent basis, as of June 1, 2022.
The U.S. bulk tomato paste-for-sale inventory on June 1, 2022, was approximately 1.4 million sT, 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 90.8% of total U.S. tonnage of processing tomatoes, and 99% of total U.S. paste production.
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.
Listed below are the 2021-2022 Bulk Tomato Paste and Bulk Tomato “Paste for Sale” pack and inventory estimates as of June 1, 2022 for U.S. Tomato Processors. The 2021-2022 U.S. Processed Tomato Supply and Movement reported is based on an estimated 99% of the industry reporting data for bulk tomato paste. Representation below is assuming 100% reporting as well as actual paste industry aggregate reporting of an estimated 99%. All numbers are rounded to the nearest 1,000 lbs. for the purposes of this report.
Bulk Tomato “Paste for Sale” – Bulk tomato paste, converted to a raw product “paid for tons” equivalent, being held in drums, bins, and bulk, that has been packed to be sold. The estimates do not include bulk paste being held for companies’ own remanufacture, or paste in food service or retail/consumer package sizes.
NOTE: U.S. Processed Tomato Stocks-on-Hand Report for March 1, 2022
Due to a reporting error, the stocks on hand included in the December 1, 2021 report were understated by approximately 400,000 short tons. Based on that, it can be inferred that total movement from December 1 to March 1 was greater than using the published numbers would indicate.
As reported on March 1, 2022, the bulk tomato paste stocks number was underreported by almost 410,000. This number has been amended.
Total bulk tomato paste stocks, including inventory held for remanufacture, were estimated to total approximately 4.33 million short tons, on a raw product “paid-for tons” equivalent basis, as of March 1, 2022.
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U.S. Processed Tomato Inventories as of March 1, 2022 (comment)
U.S. Processed Tomato Stocks-on-Hand Report for December 1, 2021 (comment)
US inventories of tomato products as of June 1, 2021