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The Food Institute Blog

Frozen Berry Prices, Cold Storage Fluctuate
Posted on March 06, 2015 by Chris Campbell

Blueberries saw a 9% increase in cold storage as of Jan. 31 when compared year-over-year. In 2014, 172.7 million-lbs. of blueberries were held in cold storage. In 2015, the number rose to 187.5 million-lbs. held in cold storage. Cultivated 30-lb. carton blueberries are priced at between $1.10 and $1.25 per pound, f.o.b. Michigan and $1.25 and $1.30 per pound, f.o.b. Chile. Organic 30-lb. carton blueberries are priced between $2.50 and $2.75 per pound, f.o.b. Michigan and $2.20 and $2.50 per pound, f.o.b. Chile. Prices remain high and demand remains strong for organic blueberry varieties as the premium over conventional is nearly 100%. 

Tupi 30-lb. carton blackberries are priced between $0.85 to $0.90 per pound, f.o.b. Mexico. This differs from last month when they were priced between $0.87 and $0.90. Availability remains high. Total blackberries in cold storage remained relatively unchanged at 28.8 million-lbs. on Jan. 31. IQF blackberries rose 26% to 19.7 million-lbs when compared with last year. Barrels, 400 lbs. dropped 38%, from 11.1 million-lbs. in 2014 to 6.9 million-lbs. in 2015.

Total raspberries held in cold storage saw a slight 1% decrease in a year-to-year comparison. Volume in cold storage as of Jan. 31 was 52.2 million-lbs. in 2015 compared to 52.7 in 2014. IQF saw an 8% rise in a year-to-year comparison, whereas pails and tubs, 40-lb. barrels and concentrate saw decreases of 6%, 12% and 4%, respectively. IQF whole frozen raspberries, sized 4/2.5 kg, are priced at $1.80 to $1.95 per pound, f.o.b. Chile. The prices have risen from last month, when the cost was $1.85 to $2.00 as the harvest has peaked.

Total strawberries held in cold storage dropped 26% in 2015 when compared to 2014. About 240.4 million-lbs. were held in 2014, compared to 175.2 million-lbs. in 2015. The drops were across all varieties, as IQF & Poly, Pails & Tubs, Barrels & Drums and juice stock saw drops of 16%, 32%, 36% and 35%, respectively. IQF medium 30-lb. carton strawberries are priced at $1.00 per pound, f.o.b. California as producers await the Spring pack.

 

About the Author

Chris Campbell
Business Writer
The Food Institute

Chris focuses on fresh, canned and frozen fruit and fresh and dried vegetables for the Food Institute Report. In addition, he assists in compiling data for various Food Institute publications throughout the year. He is a proud Rutgers University alumnus with a degree in English, and has a background in web writing for a variety of industries, including legal, foodservice and small-to-medium sized businesses. In his downtime you can find him watching New York Yankees baseball, hiking, enjoying live music and spending time with his dog Kaiden. He invites you to contact him via email at chris.campbell@foodinstitute.com to talk about anything food-related.

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