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.
Several food companies reported earnings over the last week. While manufacturing and retail are thriving with increased sales during the pandemic, portions of the foodservice segment continues to struggle.read more
Chris is a business writer and market analyst that focuses on the Markets, Legal and Washington sections of the Food Institute Report. In addition, he assists in compiling data for various Food Institute publications throughout the year. He invites you to contact him via email at email@example.com to talk about anything food-related.
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