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US inventories on March 1, 2024 (report)

27/03/2024
U.S. Processed Tomato Stocks-on-Hand Report for March 1, 2024

According to the reports released by the California League of Food Producers (CLFP) on March 26, 2024, total inventories of U.S. processed tomato products were approximately 6.79 million metric tonnes (t) (7.48 million short tons), stated on a raw product equivalent basis, as of December 1, 2023. Inventory is up 41% from the prior year level. 
Apparent disappearance of tomato stocks has decreased 1.8%, totaling approximately 8.0 million t (8.8 million tons) during the nine-month period of June 1, 2023 to March 1, 2024, as compared to the prior reporting period. 

Total bulk tomato paste stocks, including inventory held for remanufacture, were estimated to total approximately 5.35 million t (5.9 million tons), on a raw product “paid-for tons” equivalent basis, as of March 1, 2024.
The U.S. bulk tomato paste-for-sale inventory on March 1, 2024 was approximately 3.7 million t (4.1 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 March 1, 2024 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. 
Representation below is assuming 100% reporting as well as actual paste as reported. All numbers are rounded to the nearest 1,000 lbs. for the purposes of this report.

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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