Organic Cranberry Update

Anderson Exports is a Bulk Ingredients Sourcing Agency in Northern California. We specialize in sourcing the best ingredients from California, Brazil and the rest of the world. Our newsletter delivers actionable market intelligence to inform our clients' purchasing decisions.

Organic Cranberries

Organic sweetened dried cranberries (SDCs) will likely be increasingly attractive to importers with a new organic cranberry price in 2019. Improved supply reliability, low relative price premium to conventional SDCs, and relatively stable pricing make organic cranberries an enticing product category. Organic cranberries are also exempt from the USDA-mandated supply reductions which constrained supply of conventional SDCs. In 2017 the USDA issued a 15% Handler’s Withholding and in 2018 issued a 25% Producer Allotment for U.S. cranberries.

On the supply side, organic cranberry acreage in Quebec, Canada is on the rise.

With record organic acreage in 2018, Quebec produced a record crop of cranberries.

The retail price premium of organic cranberries to conventional non-organic is low compared to the past, making it an opportune time to enter the product category. In recent years, organic prices have at times approached 300% versus conventional SDC prices. At the shelf, many consumers have a tough time justifying such a substantial premium to buy organic. Now, with a bumper crop in 2018, organic prices have softened and the price premium for organic is less than 200% which will entice some customers who otherwise would walk-away. In addition, organic cranberry prices in the last decade have been relatively stable, staying in the relatively tight range of $3.00 - $3.80 / lb. Overall, these price dynamics will likely build downstream demand for cranberries and, at the same time, bulk upstream suppliers and importers will position themselves to capture the opportunity in organic cranberries in 2019.

We supply Conventional and Organic Whole or Sliced Sweetened Dried Cranberries (SDCs) packed in bulk cases as well as Organic Apple Juice Sweetened varieties. We also work with quarter inch diced and other diced cranberry products available as per client requirement. In addition, we supply 50 Brix and 65 Brix cranberry concentrate shipped in bulk 55 gallon drums.

Raisins

2019 California raisin prices are here and we are engaging in spot and long-term forward contracts. Natural Thompson Seedless select raisins from California are known for unrivaled quality and with favorable growing conditions this year, the harvest was successful. With a healthy crop, the California raisin industry is recovering from last year’s crop failure and seeks to re-take market share covered by other origins during the shortages of California material last year.

We supply all major bulk California raisins including dried-on-the-vine (DOV) and tray-dried Natural Thompson Seedless Selects, Selma Petes, Flames, Goldens, and other varieties in Jumbo, Select, and Midget sizes and welcome your inquiries. We also supply Selma Pete DOV Double-Run Supreme raisins to Japan and elsewhere which are processed twice to achieve exceptionally low stem and capstem counts.

Walnuts

Many California packers are off the market for Chandler. Some have already sold-out completely and others are evaluating their sold positions and awaiting the upcoming Walnut Shipment Report before re-entering the market with Chandler walnut prices for 2019. There are numerous reports of a smaller-than-expected Chandler crop this year so the walnut receipts figure will help add clarity to the overall crop size this year. The crop was harvested later than usual this year so the numbers reported so far are partly weaker on a year-over-year basis due to timing. The latest figure currently available showed walnut receipts of 597K tons as of October 31st, 2018 which is up 4.9% from the prior year and up 2.8% from the 3-year average. With the new industry report in-hand later this week, we should be in a better position to assess the state of the California walnut industry.

We work with California’s top walnut packers to supply our customers with Jumbo and Jumbo / Large (J/L) in-shell Chandler, Howard, Hartley, Vina, Tulare, Serr and other varieties. We also provide bleached in-shell walnuts in addition to California shelled product including Chandler and non-Chandler Light Halves & Pieces (LHP) 20%, 40%, 80% and higher based on customer requirements.

Almonds

With the market firming after the latest industry report, some California almond packers are off the market or only offering selectively as they allow the 2019 almond prices to rise.

Our most popular almond varieties are Nonpareil, Independence, Butte/Padre, and Carmel types with the most popular grades of Supreme, Extra, Standard 5%, and more.

Other Products

We work with a number of other products so please reach out if you have an inquiry for something you do not see here. We are experts in sourcing bulk food ingredients and welcome the opportunity to work with you on your inquiries. Some of our other product offerings include sunflower seeds, lentils, green peas, freeze dried fruits, popcorn, dried cherries, dried apples, dried blueberries, cherry concentrate, quinoa, dried honey dates, dried cherry tomatoes, dried gojis, dried kiwis, dried strawberries, chickpeas, chia seeds, dried mulberries, almonds, macadamias, pistachios, walnuts, cashews, pine nuts, pecans, brazil nuts, pumpkin seed kernels, melon kernels, hazelnuts, dried prunes, golden raisins, sultanas, dried apricots, sweet apricot kernels, dried black currants, dried figs, dried dates, popcorns, maraschino cherries, dried tomatoes, strawberry pie filling, blueberry pie filling, cherry pie filling, dried mangoes, dried gingers, dried pineapple, and desiccated coconut.

Work With Us As a Supplier

We are always looking to grow our supplier base with companies capable of delivering high quality food ingredients at large volumes. If you are interested, please reach out and introduce yourself.

Holiday & New Year Update

Anderson Exports is a Bulk Ingredients Sourcing Agency in Northern California. We specialize in sourcing the best ingredients from California, Brazil and the rest of the world. Our newsletter delivers actionable market intelligence to inform our clients' purchasing decisions.

Raisins

Total domestic and export shipments of California raisins were lower than expected in November.

Some suppliers are offering slightly lower pricing in order to facilitate business but the market in general is relatively stable. Some raisin processors are comfortably sold and some even much more strongly than last year at this time. However, other suppliers may have grower payments due or there may be other reasons that could be motivating more competitive pricing in some instances. Even with the weaker than expected total shipments in November, we do not expect a major decrease in price for California raisins. We are not likely to see a drop in price the way we did 2 years ago due to the continued demand from California’s core customers. This is good news for both buyers and sellers as we can expect relatively stable pricing with some packers willing to hold their pricing steady and even raise it after the new year.

Due to a number of issues, including overhanging contracts from last year, there is still likely major demand to be filled for many buyers’ forward needs leading into 2019. Other buyers have been slow to cover, opting buy hand-to-mouth rather than forward contracting. In any case, the next 60 - 90 days will better determine the state of the industry and where California’s crop will be in regards to carry-in for the 2019 season.

Domestic demand for California’s raisins has been strongest for spot and LTL shipments. This domestic demand has been stronger than normal, following the trend of hand-to-mouth purchasing seen in the export markets.

Chile is essentially sold-out of last year’s raisin crop besides some miscellaneous types and sizes. The new Chilean raisin crop is developing well and has benefited from favorable weather. Though early to tell, the total crop is expected to be in the 50K MT range. Prices for the new 2019 Chilean raisin crop should be settled in January & February 2019. South Africa’s new raisin crop is also developing well with estimates for the total crop in the 80K MT range. Turkey is selling out of sultana raisins more rapidly than in prior years. Export shipments, primarily to Europe, have been quite strong in the past few months.

We supply all major bulk California raisins including dried-on-the-vine (DOV) and tray-dried Natural Thompson Seedless Selects, Selma Petes, Flames, Goldens, and other varieties in Jumbo, Select, and Midget sizes and welcome your inquiries. We also supply Selma Pete DOV Double-Run Supreme raisins to Japan and elsewhere which are processed twice to achieve exceptionally low stem and capstem counts.

Walnuts

California walnuts has seen a marked recovery in pricing from the early days of this season’s harvest. For those buyers who were fortunate enough to book their material early, some may have booked contracts for Chandler J/L in-shell walnuts as low as USD $0.75 / lb. These buyers are likely to be quite content not only with the margin on these early contracts, but also with the steady rise in price we have seen over the past few weeks. Business is reportedly being done at much higher levels today. This price stabilization reflects the overall sold position of California walnut packers, with many comfortably sold if not entirely sold out of in-shell Chandler product for this season.

As we approach the end of 2018, many packers will re-evaluate their sold positions after the 1st of the year, re-entering the market at the prices they feel will get their product sold. This will mean pricing will depend on the individual packer and their comfort level with their currently contracted inventory.

We work with California’s top walnut packers to supply our customers with Jumbo and Jumbo / Large (J/L) in-shell Chandler, Howard, Hartley, Vina, Tulare, Serr and other varieties. We also provide bleached in-shell walnuts in addition to California shelled product including Chandler and non-Chandler Light Halves & Pieces (LHP) 20%, 40%, 80% and higher based on customer requirements.

Almonds

Strong demand for almonds was reflected in the latest shipment report for November. Shipments totaled 237.6 million lbs in November, up 4% compared to the prior year period. The market has firmed since the report was published as many suppliers opt to hold off the market while prices creep up rather than sell earlier at lower levels. Shipments to China and Vietnam were quite strong and domestic shipments were stable. Even with larger and larger crops, California almonds continue to post strong shipment numbers--invalidating the possibility of oversupply, at least for the time being.

Our most popular almond varieties are Nonpareil, Independence, Butte/Padre, and Carmel types with the most popular grades of Supreme, Extra, Standard 5%, and more.

Cranberries

As we enter 2019, it seems that uncertainty remains the only constant in the ongoing trade spats between the Trump Administration and China. The current duties total 40% for US product shipped to China. This will have consequences for the New Crop cranberry harvests globally. Tariffs being the primary issue on many buyers’ minds, will push both Chinese and European importers to look to Canada and Chile as their option of first resort. This is good news for Canada and Chile, although their total production will in no way be enough to cover the total demand for these buyers looking to escape the pressure caused by tariffs.

Also adding to the uncertainty surrounding cranberries this year are issues similar to those faced by the raisin industry in that there are still a number of overhanging contracts from the previous year at last year’s prices. All of this adds up to current pricing that is likely to remain high for the foreseeable future, with buyers likely to purchase the non-USA fruit from Canada and Chile rather quickly. This will leave the remaining global demand to be purchased hand-to-mouth until buyers feel confident enough in the stability of pricing and/or tariffs to jump back into the market for forward contracts.

We supply Conventional and Organic Whole, Sliced, or Diced Sweetened Dried Cranberries (SDCs) packed in bulk cases as well as 50 Brix and 65 Brix cranberry concentrate shipped in bulk 55 gallon drums.

Other Products

We work with a number of other products so please reach out if you have an inquiry for something you do not see here. We are experts in sourcing bulk food ingredients and welcome the opportunity to work with you on your inquiries. Some of our other product offerings include sunflower seeds, lentils, green peas, freeze dried fruits, popcorn, dried cherries, dried apples, dried blueberries, cherry concentrate, quinoa, dried honey dates, dried cherry tomatoes, dried gojis, dried kiwis, dried strawberries, chickpeas, chia seeds, dried mulberries, almonds, macadamias, pistachios, walnuts, cashews, pine nuts, pecans, brazil nuts, pumpkin seed kernels, melon kernels, hazelnuts, dried prunes, golden raisins, sultanas, dried apricots, sweet apricot kernels, dried black currants, dried figs, dried dates, popcorns, maraschino cherries, dried tomatoes, strawberry pie filling, blueberry pie filling, cherry pie filling, dried mangoes, dried gingers, dried pineapple, and desiccated coconut.

Work With Us As a Supplier

We are always looking to grow our supplier base with companies capable of delivering high quality food ingredients at large volumes. If you are interested, please reach out and introduce yourself.

We welcome your inquiries and look forward to working together to deliver you the highest quality ingredients from the world's best suppliers. We are available to our suppliers and buyers 24/7 over email, phone, or WhatsApp.

California Walnut Update

Anderson Exports is a Bulk Ingredients Sourcing Agency in Northern California. We specialize in sourcing the best ingredients from California, Brazil and the rest of the world. Our newsletter delivers actionable market intelligence to inform our clients' purchasing decisions.

Walnuts

California in-shell walnut shipments are off to a slow start compared to prior years. Total in-shell walnut shipments in September and October are down (24%) versus last year and (36%) versus the 3-year average according to data from the California Walnut Board. The later harvest is certainly contributing to the lower shipments seen in September and October of this year.

However, even with the later harvest, lower year-over-year shipments to all but one of California’s top export markets suggest many buyers have been seriously apprehensive and slow to book.

The top markets receiving considerably less in-shell tonnage so far this year compared to last include Turkey (7.7 MM lbs), Vietnam (5.6), China + Hong Kong (5.2), and the U.A.E (3.8). Turkey’s geopolitical uneasiness and currency volatility are probably weighing on imports. In China, the uncertain trade tariff environment is playing a major role. in Vietnam, perhaps the transshipment / smuggling crackdowns are really making an impact, though it is hard to be certain.

Pakistan, the only top 10 destination market with a year-over-year increase in shipments, is picking up tonnage only due to low import duties compared to India.

Since India’s tariffs make importing California walnuts so expensive, regional importers have adjusted their routes accordingly. When taken together, the shipment numbers for Pakistan and India bring some positive news: regional demand for California walnuts is strong, with combined shipments so far this year up 38% or 1.9 MM lbs compared to the prior year period.

As of October 31st 2018, walnut receipts as reported by handlers totaled 597K tons, up 4.9% from the prior year and up 2.8% from the 3-year average. Based on these figures, the crop is coming in about normal. We continue to hear reports of the Chandler crop coming in a bit short with some handlers off the market and others totally sold out of Chandler.

Domestic shipments of shelled California walnuts in September & October of 2018 were up 16% compared to the prior year period while export shipments were down (12%). Total shipments of shelled walnuts were about flat compared to the prior year period. The U.S. and Spain are posting strong shipments so far this year, up 16% and 44%, respectively. So far this year, shipments to South Korea totaled 4.3 MM lbs, up 38% compared to last year and up 41% on the 3-year average. Shipments to Germany in September & October of 2018 totaled only 2.4 MM lbs, down severely from ‘17 / ‘18 and ‘16 / ‘17 when the country imported 12.6 MM and 9.2 MM lbs, respectively.

We work with California’s top walnut packers to supply our customers with Jumbo and Jumbo / Large (J/L) in-shell Chandler, Howard, Hartley, Vina, Tulare, Serr and other varieties. We also provide bleached in-shell walnuts in addition to California shelled product including Chandler and non-Chandler Light Halves & Pieces (LHP) 20%, 40%, 80% and higher based on customer requirements.

Raisins

Exports of California Natural Thompson Seedless (NTS) raisins are starting to recover with the start of new crop shipments in October. Based on data from the Raisin Administrative Committee (RAC), exports increased by 84% or 2,449 packed tons from September to October, narrowing the year-over-year difference in exports from (59%) to (31%).

As shipment numbers continue to ramp in November and December, we expect some of the more cautious “wait-and-see” buyers to enter the market to cover their forward needs.

We supply all major bulk California raisins including dried-on-the-vine (DOV) and tray-dried Natural Thompson Seedless Selects, Selma Petes, Flames, Goldens, and other varieties in Jumbo, Select, and Midget sizes and welcome your inquiries. We also supply Selma Pete DOV Double-Run Supreme raisins to Japan and elsewhere which are processed twice to achieve exceptionally low stem and capstem counts.

Cranberries

The market for bulk Sweetened Dried Cranberries (SDCs) remains tight and little has changed in the last few weeks. Early reports indicate smaller-than-expected crops from Wisconsin and Massachusetts, though the full extent remains to be seen. The 25% Handler Withholding (supply reduction) also passed, which will further perpetuate availability challenges and put upward pressure on 2019 SDC prices. We expect pricing to settle in Q1 2019, perhaps at levels slightly higher than present, as we did last year.

We supply Conventional and Organic Whole or Sweetened Dried Cranberries (SDCs) packed in bulk cases as well as 50 Brix and 65 Brix cranberry concentrate shipped in bulk 55 gallon drums.

Other Products

We work with a number of other products so please reach out if you have an inquiry for something you do not see here. We are experts in sourcing bulk food ingredients and welcome the opportunity to work with you on your inquiries. Some of our other product offerings include sunflower seeds, lentils, green peas, freeze dried fruits, popcorn, dried cherries, dried apples, dried blueberries, cherry concentrate, quinoa, dried honey dates, dried cherry tomatoes, dried gojis, dried kiwis, dried strawberries, chickpeas, chia seeds, dried mulberries, almonds, macadamias, pistachios, walnuts, cashews, pine nuts, pecans, brazil nuts, pumpkin seed kernels, melon kernels, hazelnuts, dried prunes, golden raisins, sultanas, dried apricots, sweet apricot kernels, dried black currants, dried figs, dried dates, popcorns, maraschino cherries, dried tomatoes, strawberry pie filling, blueberry pie filling, cherry pie filling, dried mangoes, dried gingers, dried pineapple, and desiccated coconut.

Work With Us As a Supplier

We are always looking to grow our supplier base with companies capable of delivering high quality food ingredients at large volumes. If you are interested, please reach out and introduce yourself.

We welcome your inquiries and look forward to working together to deliver you the highest quality ingredients from the world's best suppliers. We are available to our suppliers and buyers 24/7 over email, phone, or WhatsApp.

Mid-Harvest Update 2018

Anderson Exports is a Bulk Ingredients Sourcing Agency in Northern California. We specialize in sourcing the best ingredients from California, Brazil and the rest of the world. Our newsletter delivers actionable market intelligence to inform our clients' purchasing decisions.

Raisins

The 2018 California raisin crop continues to come in from the vines to processors and the quality of the fruit is excellent. Leading into the holiday season and Lunar New Years, we are seeing strong demand as many customers look to fulfill their needs before these important holidays. Robust demand from Asia and elsewhere has continued to support California’s new crop raisin pricing.

Bulk California Raisin Price.JPG

We currently have a special price through the end of December 2018 on bulk California Thompson Select raisins. We are also now offering forward contracts for up to 12 months (1+ x 20’ FCL / month) for January 2019 - December 2019. We can also offer extremely attractive pricing on contracts of 25 / 50 / 100+ x 20’ FCL orders.

There are reports of a shorter-than-expected crop of Medium Flame raisins this year. There will be relatively more Jumbo Flames available and prices for Medium Flames will reflect the relative shortage though the overall extent remains to be seen.

We supply all major bulk California raisins including dried-on-the-vine (DOV) and tray-dried Natural Thompson Seedless Selects, Selma Petes, Flames, Goldens, and other varieties in Jumbo, Select, and Midget sizes and welcome your inquiries. We also supply Selma Pete DOV Double-Run Supreme raisins to Japan and elsewhere which are processed twice to achieve exceptionally low stem and capstem counts. We also carry raisin paste & puree made from USDA Grade A raisins.

Cranberries

The market for Sweetened Dried Cranberries (SDCs) continues to be tight and will likely remain so for some time as reports from the bogs in Massachusetts and Wisconsin re-affirm the possibility of a smaller-than-expected new cranberry crop. Perpetuating the problem of short supply is the 25% Handler Withholding which was passed by the USDA recently. Overall, demand exceeds supply of SDCs. Some suppliers have already run out of fruit to sell or are projected to be sold out in a matter of months. Others processors have production schedules which are fully booked which reinforces the challenge of availability for SDC customers. The new SDC crop will become available for shipment around the end of December and early January.

In order to help our clients overcome the availability challenges with SDCs, we are currently offering 12 month contracts (1+ FCL / month) for 2019 as well as spot shipments available before the end of 2018. We can also offer compelling pricing on contracts of 25 / 50 / 100+ FCL orders.

We supply Conventional and Organic Whole or Sweetened Dried Cranberries (SDCs) packed in bulk cases as well as 50 Brix and 65 Brix cranberry concentrate shipped in bulk 55 gallon drums. We also offer organic apple juice infused sweetened dried cranberries packed in bulk poly-lined cartons.

Walnuts

In California, the Chandler crop is coming in shorter than expected. Though the extent is yet to be seen, the Northern region is thought to be more negatively impacted compared to other walnut growing regions in California. The quality of the California walnut crop as can be seen in the photos of the Chandler in-shell and kernel material below.

We work with California’s top walnut packers to supply our customers with Jumbo and Jumbo / Large (J/L) in-shell Chandler, Howard, Hartley, Vina, Tulare, Serr and other varieties. We also provide bleached in-shell walnuts in addition to California shelled product including Chandler and non-Chandler Light Halves & Pieces (LHP) 20%, 40%, 80% and higher based on customer requirements.

Almonds

The latest shipment report from the Almond Board of California showed October shipments of 247.1 million lbs vs. 246.5 mm lbs in 2017. Given the delayed harvest and buyer apprehension due to the uncertain tariff environment, stable year-over-year in October shipments came as positive news. The harvest is now complete and in-shell exports and shelling & processing are underway. Expectations for the total almond crop size are in the 2.3 - 2.45 billion range. The nonpareil crop is coming in a bit shorter than expected.

Our most popular almond varieties are Nonpareil, Independence, Butte/Padre, and Carmel types with the most popular grades of Supreme, Extra, Standard 5%, and more.

Pistachios

California pistachios are on track for one of the largest crops in history. During the springtime, there was a great bloom in which both young and old trees looked full of nuts. Later in the season, the lack of chill hours for the pistachio trees became a major concern for the industry. Many were worried that the lack of chill hours would cause a repeat of the 2015 crop when male and female trees did not sync up during blooming. However, the chill hours actually benefited the trees this year and the synchronization between the male and female trees was right on. Following this period, a tremendous amount of rain fell which further fueled the pistachio trees during the important spring growth period.

These positive developments have bolstered the case for a larger pistachio crop in California this year. Estimates for the total crop size started in the 700 million pound range but based on how the crop is now looking, the number may actually be in the 800 - 950 mm pound range. It remains to be seen whether the new crop will beat out 2016, when the crop totaled approx 905 mm pounds, as the largest crop on record.

We supply both in-shell, kernel, and US Ex. #1 21-25, 21-26, and 21-27 pistachios.

Pecans

There is some concern on the demand side for pecans since China is a major buyer of U.S. pecans. The tariff situation continues hang over the market as crop damage from weather are assessed in Georgia. Quality is good and seasonal purchasing activity is picking up.

We supply Fancy Junior Mammoth Halves (FJMH), Fancy Mammoth Halves, Fancy Pieces, and other sizes / types for all major U.S. pecan varieties.

Other Products

We work with a number of other products so please reach out if you have an inquiry for something you do not see here. We are experts in sourcing bulk food ingredients and welcome the opportunity to work with you on your inquiries. Some of our other product offerings include sunflower seeds, lentils, green peas, freeze dried fruits, popcorn, dried cherries, dried apples, dried blueberries, cherry concentrate, quinoa, dried honey dates, dried cherry tomatoes, dried gojis, dried kiwis, dried strawberries, chickpeas, chia seeds, dried mulberries, almonds, macadamias, pistachios, walnuts, cashews, pine nuts, pecans, brazil nuts, pumpkin seed kernels, melon kernels, hazelnuts, dried prunes, golden raisins, sultanas, dried apricots, sweet apricot kernels, dried black currants, dried figs, dried dates, popcorns, maraschino cherries, dried tomatoes, strawberry pie filling, blueberry pie filling, cherry pie filling, dried mangoes, dried gingers, dried pineapple, and desiccated coconut.

Work With Us As a Supplier

We are always looking to grow our supplier base with companies capable of delivering high quality food ingredients at large volumes. If you are interested, please reach out and introduce yourself.

Bulk California Raisin Update

Anderson Exports is a Bulk Ingredients Sourcing Agency in Northern California. We specialize in sourcing the best ingredients from California, Brazil and the rest of the world. Our newsletter delivers actionable market intelligence to inform our clients' purchasing decisions.

Bulk California Raisins, Natural Thompson Seedless Raisins.PNG

Raisins

Bulk Natural Thompson Seedless raisins and other California raisins are now being packed and shipped from the new crop. We have seen stable prices in recent weeks thanks to a robust California Thompson Seedless Select (NTS) raisin crop with exceptional quality. Compared to this time last year, there were no major rain events during the most important parts of the raisin harvest in California this year. We have seen strong demand from Japan and the APEC countries as we enter the Lunar New Year purchasing period. Although there remains strong demand in much of the APEC region, Chinese buyers are notably hesitant to jump into the market at current prices due, in large part, to anxiety created by the ongoing US / China Trade War.

As for quality, early reports from the fields indicate a robust and delicious 2018 raisin crop; in stark contrast to the innumerable quality issues faced by buyers and suppliers during the 2017 / 2018 harvest season. Many suppliers who make Jumbo and Select size Golden raisins are reporting a shortage of Jumbo Sizes with many unable to offer Jumbo Golden raisins at this time. California’s crop of Jumbo and Select (Medium) Flames looks to be of excellent quality with an average number of Jumbo and Select (Medium) Flame raisin sizes. Prices for California Flame raisins in 2018 are higher than last year thanks to the steadily growing global demand for this delicious raisin. The Raisin Bargaining Administration (RBA) and it’s eleven signatory packers have agreed to a one year price per ton. This will not have much effect on pricing at this stage in the harvest since most packers have already been shipping raisins from the 2018 crop.

We supply all major bulk California raisins including dried-on-the-vine (DOV) and tray-dried Natural Thompson Seedless Selects, Selma Petes, Flames, Goldens, and other varieties in Jumbo, Select, and Midget sizes and welcome your inquiries. We also supply Selma Pete DOV Double-Run Supreme raisins to Japan and elsewhere which are processed twice to achieve exceptionally low stem and capstem counts.

Walnuts

The biggest news in California walnuts this week is the continuous flow of reports from suppliers indicating a shorter than expected Chandler crop in 2018. Suppliers around the state of California are reporting that the Chandler walnut crop is down, especially in the north, where some estimate the crop to be down 10 - 15% compared to last year.

California Chandler Jumbo.JPG

In addition to this shorter crop, many suppliers are observing that Chandler walnuts in general are seeing lower average meat-yields compared to both last year and the 10-year average.

California Chandler LMP.JPG

These new revelations will no doubt affect the prices moving forward for in-shell Chandler walnuts. The impact of the shorter Chandler crop, coupled with the lower-than-average meat-yields will remain to be seen as the season progresses. Lower average meat-yields may motivate suppliers to crack out more of their Chandlers, as they can control the final product with high-tech sorting far more than for raw in-shell. The news is not all bad for Chandler walnuts though, the product that has been received from the fields, despite the lower meat-yields, is a gorgeous light milky off-white color.

Many suppliers are reporting good light color and average meat-yields for in-shell Howard walnuts for the 2018 crop. Howards are harvested earlier than Chandler and on average have a higher meat-yield. This makes it a good alternative to Chandler for those buyers who require higher average meat-yields at a more competitive price.

We work with California’s top walnut packers to supply our customers with Jumbo and Jumbo / Large (J/L) in-shell Chandler, Howard, Hartley, Vina, Tulare, Serr and other varieties. We also provide bleached in-shell walnuts in addition to California shelled product including Chandler and non-Chandler Light Halves & Pieces (LHP) 20%, 40%, 80% and higher based on customer requirements.

Cranberries

News from the bogs continues to affirm the possibility of a smaller than expected new cranberry crop. Wisconsin cranberry production is expected to be down and there are some concerns about rot in Massachusetts. Though it is still early to tell, the decrease compared to last year may be in the 12 - 18% range.

Sliced SDC Price.PNG

Since the cranberry market is already tight on fruit, lower new production may compound the already widespread shortages in the market for Sweetened Dried Cranberries (SDCs). There is also the wildcard of the 25% Producer Allotment (supply reduction) still in play since the USDA has yet to approve the proposal. Current lead times on Whole and Sliced SDCs remain long and prompt shipment loads are few and far between. Given these conditions, we anticipate firm prices with modest increases throughout the year for SDCs.

We supply Conventional and Organic Whole or Sweetened Dried Cranberries (SDCs) packed in bulk cases as well as 50 Brix and 65 Brix cranberry concentrate shipped in bulk 55 gallon drums.

Pistachios

The new California pistachio crop looks excellent though we are seeing size ranges widen as suppliers work to accommodate to the smaller than average nut size coming out of the fields. We are seeing offers on US Ex. #1 21-25 as a 21-26 or even 21-27. The demand for California pistachios dwarfs the supply so we expect tight availability and firm pricing in the year ahead. California is also in an advantaged export position this year relative to Iran due to Trump’s regime of sanctions on the country and the campaign to make it harder to do business with Iran’s counter-parties. Overall, California’s pistachios will be highly sought after so buyers would be prudent to engage early to secure their forward needs.

We are now supplying new crop in-shell and shelled pistachios of all major types and sizes.

Dried Apples

China’s apple crop is experiencing major disruption due to crop failure and regulators shutting down apple production facilities due to environmental concerns. We have heard estimates of a crop reduction in the 30 - 35% range and prices are reacting accordingly. Disruptive ripples are flowing downstream to importers who are understandably concerned about how securely their forward apple needs are covered. Some Chinese suppliers are unable to fulfill contracts and others are opting to re-negotiate. Suppliers who will offer may be hesitate to lock a price for 12 months given the volatility.

We are engaging new clients of dehydrated apple dices in the wake of these supply disruptions and are eager to supply dehydrated apple dices with or without sulphur dioxide (SO2) from our BRC supplier in China as well as our suppliers in South America this year. Supply of dehydrated apple dices from South America will not be available until April / May 2019 when the new crop is processed and ready for export. We supply with Granny Smith, Red Delicious and other varieties in dices / cubes of 5 x 5 x 5MM, 10 x 10 x 10MM and other sizes upon request.

Pecans

We supply Fancy Junior Mammoth Halves (FJMH), Fancy Mammoth Halves, Fancy Pieces, and other sizes / types for all major U.S. pecan varieties.

Other Products

HONEY (HN 80) - Wildflower Multifloral Bee’s Honey & Honey Powder

100% pure liquid honey (HN 80) Is obtained from the Western Honey Bee (Apis Mellifera) in the region of Campeche, Mexico. This region is recognized worldwide because of the high quality honey that is produced there with flavor that comes from the region’s endemic wildflowers.

COCONUT SUGAR - Organic and Conventional Natural Sweeteners

We have both organic and conventional coconut sugar. Our suppliers of organic coconut sugar are renowned for a product with 99% purity (checked by carbon isotope analyzer). Our suppliers are fully certified, halal, kosher, fssc and USDA organic. We can also supply other coconut products, like coconut water, coconut water powder, coconut milk, coconut milk powder & more.

We work with a number of other products so please reach out if you have an inquiry for something you do not see here. We are experts in sourcing bulk food ingredients and welcome the opportunity to work with you on your inquiries. Some of our other product offerings include sunflower seeds, lentils, green peas, freeze dried fruits, popcorn, dried cherries, dried apples, dried blueberries, cherry concentrate, quinoa, dried honey dates, dried cherry tomatoes, dried gojis, dried kiwis, dried strawberries, chickpeas, chia seeds, dried mulberries, almonds, macadamias, pistachios, walnuts, cashews, pine nuts, pecans, brazil nuts, pumpkin seed kernels, melon kernels, hazelnuts, dried prunes, golden raisins, sultanas, dried apricots, sweet apricot kernels, dried black currants, dried figs, dried dates, popcorns, maraschino cherries, dried tomatoes, strawberry pie filling, blueberry pie filling, cherry pie filling, dried mangoes, dried gingers, dried pineapple, and desiccated coconut.

Work With Us As a Supplier

We are always looking to grow our supplier base with companies capable of delivering high quality food ingredients at large volumes. If you are interested, please reach out and introduce yourself.

We welcome your inquiries and look forward to working together to deliver you the highest quality ingredients from the world's best suppliers. We are available to our suppliers and buyers 24/7 over email, phone, or WhatsApp.

California Raisin & Nut Updates

Anderson Exports is a Bulk Ingredients Sourcing Agency in Northern California. We specialize in sourcing the best ingredients from California, Brazil and the rest of the world. Our newsletter delivers actionable market intelligence to inform our clients' purchasing decisions.

Almonds

Purchasing commitments for almonds are occurring at a slower pace compared to last year. According to the latest Almond Position Report, domestic and export commitments totaled 164 million lbs by the end of September, about 23% behind the prior year period.

Almond price 2018.PNG

Due to the uncertain trade climate, many buyers have been covering their almond needs on a hand-to-mouth basis rather than extending high volume contracts long into the future. We are seeing weaker demand from China, Turkey, the UAE, and the EU in particular. Another driver of lower shipments may be related to the early season frost, which caused many suppliers to pull off the market and only offer limited amounts while the impacts were assessed.

The Nonpareil crop is thought to be shorter than expected. Amid these early reports of a smaller crop, the market was sloppy for some time, with a wide spread of pricing. More recently, prices have demonstrated some stability.

Our most popular almond varieties are Nonpareil, Independence, Butte/Padre, and Carmel types with the most popular grades of Supreme, Extra, Standard 5%, and more.

Raisins

California raisin prices are stable and the new 2018 crop shipments are starting. Foreign importers are especially keen to receive the first shipments of the new California Thompson raisins. Export shipments of Natural Thompson Seedless raisins have been much lower than normal this year. The latest October figures showed export shipments down by 59% compared to the prior year, according to data from the Raisin Administrative Committee (RAC).

These shipment figures show that there may be some pent-up or “overhanging” demand, as some customers who made contracts with California packers last year did not receive the total number of containers they had contracted due to the historic shortages faced this past year in California. This means there are some buyers who will be receiving the first shipments of the 2018 crop at last year’s prices, on last year’s contracts. We see the likely primary drivers of this year’s price as consistent demand, historically low carry-in levels (approx. 70,000 MT), and the premium California’s global customer base is willing to pay for what are widely known as the world’s best raisins.

California thompson raisin price 2018 (1).PNG

We supply all major bulk California raisins including dried-on-the-vine (DOV) and tray-dried Thompson Seedless Selects, Selma Petes, Flames, Goldens, and other varieties in Jumbo, Select, and Midget sizes and welcome your inquiries.

South Africa is almost completely sold out of the 2018 crop. New crop is expected to begin being harvested during the first quarter of 2019. South Africa has been increasing its tonnage year-over-year for some time now. We recently met with one of our large South African raisin suppliers and were informed that South Africa is estimated to produce around 70,000 MT of raisins this year. Much of this tonnage will go to Europe with another increasing portion of the crop going to to buyers in China.

Our suppliers have also reported a large number of new plantings for the Selma Pete, DOV variety of raisins. This is a similar trend seen in California’s Central Valley, as many suppliers are either transitioning older vines or planting new vineyards with the Selma Pete variety. South Africa and California are so focused on this variety because Selma Pete is reported to not only produce a sweeter raisin than a Thompson, but also a larger total volume of final product with 69% higher than average “B or Better” (B&B) numbers.

Chile is essentially sold out for their 2018 crop, with new crop expected to begin its harvest, like South Africa, in the first quarter of 2019. Many of our suppliers in Chile are reporting that they are completely sold out of dark raisins from 2018, with only some small quantities of Golden raisins still available to ship. Due to the large uncertainties surrounding the Trump Administration’s tariff wars globally, we saw many Chinese buyers and other affected markets transition from filling their needs with California raisins to Chilean product. While it may be tempting to source from Chile due to the lower prices and favorable free trade agreements, the overall quality lags behind that found in California. This is because Chilean raisins are made from grapes rejected by the table grape industry while California raisins are made from fresh grapes grown expressly to be dried into raisins.

Walnuts

The California walnut harvest is underway. With many early varieties almost fully in and off the trees. The season began with much apprehension from sellers, opening at some of the lowest levels seen in many years. This caused buyers to wait, and wait, and wait. Buyers staying off the market early this season brought pricing levels for in-shell walnuts down early this year as compared to previous years. Many suppliers were offering Chandler J/L under USD $1.00 / lb. CIF. We advised buyers to jump in at these historically low levels. Despite this advice, many buyers opted to continue to wait. Instead of seizing on the opportunity to book fantastic quality material at incredible pricing, many buyers thought it prudent to focus on haggling over 1 or 2 cents per lb and in fact MISSED these low prices entirely!

The most recent news from our suppliers in the Linden area, and elsewhere in California, is that the Chandler crop may be much smaller than first projected. This is causing many of the largest suppliers to hold off the market to determine how much smaller this year’s Chandler crop is before re-entering the market with what will likely be higher pricing.

The popular early varieties of Howards and Hartleys have been shipping, with reports from the orchards of higher than average meat yields for Howards, with little to no tip-shrivel. This is good news for customers who buy in-shell products from California.

The California Walnut Board’s Monthly Management Report details shipment figures for September 2018 show lower in-shell shipments than at this time last year. The weaker in-shell shipment figures for September may be evidence of buyers’ early apprehension, as outlined above. However, these weaker numbers could also be due to environmental issues, as growers are reporting that this year’s Chandler crop matured a few weeks later than previous years, which would also delay shipments in a material way.

As the newest chandler numbers become more widely available this fall, the industry will get a better idea of the total tonnage they actually have to sell. It is hard to say when California suppliers will again be offering in-shell Chandler walnuts, but when sellers do come back into the market, It is unlikely we will see in-shell pricing anywhere near the low opening levels of this season.

We work with California’s top walnut packers to supply our customers with Jumbo and Jumbo / Large (J/L) in-shell Chandler, Howard, Hartley, Vina, Tulare, Serr and other varieties. We also supply California shelled product including Chandler and non-Chandler Light Halves & Pieces (LHP) 20%, 40%, 80% and higher based on customer requirements.

Cranberries

Early reports suggest the new cranberry crop may not be as strong as expected earlier in the year. In Wisconsin, cranberry production is thought to be down compared to last year and in Massachusetts, there are some concerns about rot. Though the extent of impact remains to be seen, the prospect of tight supply again in the year ahead seems likely. The harvest was also a bit delayed this year--extending the period in which sweetened dried cranberries (SDCs) are hard to come by -- and, when found, come at high prices.

There will be a few more weeks until firm pricing is available widely for 2019 cranberry prices. With the 2018 cranberry crop effectively sold-out, SDCs may become more expensive in the year ahead. While prices may rise further, the increases should be more modest than the 30-40% increases observed in this past year. SDC pricing in 2019 has yet to fully take shape so we’ll have to wait and see. Given the issues with prompt availability, we continue to advise early planning and action on sweet and dried cranberry procurement and we welcome your inquiries.

Details of the Handler Withholding also indicate that the impact on SDC pricing may be somewhat mitigated since producers have the option to dispose of as much as half of the restriction in the form of concentrate, rather than SDCs. The disposed fruit must originate from the current crop year. The 15% Handler Withholding for the 2017 crop proposed by the Cranberry Marketing Committee (CMC) was approved by the USDA. However, the decision remains unknown for the 2018 Producer Allotment which would mandate a 25% disposal of cranberries. If the next Handler Withholding passes, supplies would surely tighten and firm-up prices for SDCs. Together, the potential for a weaker-than-expected new cranberry crop and the passing of the 2018 Handler Withholding are key catalysts for supply tightness and firmer prices going forward.

We supply Conventional and Organic Whole or Sweetened Dried Cranberries (SDCs) packed in bulk cases as well as 50 Brix and 65 Brix cranberry concentrate shipped in bulk 55 gallon drums.

Pistachios

The Pistachio harvest is underway in California with the first reports from processors describing a crop that has a smaller nut size, on average, than last year. For comparison, one of the most common sizes of California pistachios, the US Extra #1 21-25, has had its sizing range extended to account for the smaller average nut sizes seen as the crop is received from the fields. This means many pistachio sellers are currently offering their US Ex. #1 21-25 as a 21-26 or even 21-27. Pricing for pistachios will likely remain firm in the year ahead due to the very strong global demand and relatively small and highly concentrated supply.

Pecans

There have been early reports of hurricane damage, although the full extent of the damage remains to be seen. The harvest is beginning in much of the southern United States, with many sellers positive about a good quality crop.

We supply Fancy Junior Mammoth Halves (FJMH), Fancy Mammoth Halves, Fancy Pieces, and other sizes / types for all major U.S. pecan varieties.

Other Products

We work with a number of other products so please reach out if you have an inquiry for something you do not see here. We are experts in sourcing bulk food ingredients and welcome the opportunity to work with you on your inquiries. Some of our other product offerings include sunflower seeds, lentils, green peas, freeze dried fruits, popcorn, dried cherries, dried apples, dried blueberries, cherry concentrate, quinoa, dried honey dates, dried cherry tomatoes, dried gojis, dried kiwis, dried strawberries, chickpeas, chia seeds, dried mulberries, almonds, macadamias, pistachios, walnuts, cashews, pine nuts, pecans, brazil nuts, pumpkin seed kernels, melon kernels, hazelnuts, dried prunes, golden raisins, sultanas, dried apricots, sweet apricot kernels, dried black currants, dried figs, dried dates, popcorns, maraschino cherries, dried tomatoes, strawberry pie filling, blueberry pie filling, cherry pie filling, dried mangoes, dried gingers, dried pineapple, and desiccated coconut.

Work With Us As a Supplier

We are always looking to grow our supplier base with companies capable of delivering continuous high quality product at large volumes. If you are interested, please reach out and introduce yourself.

We welcome your inquiries and look forward to working together to deliver you the highest quality ingredients from the world's best suppliers. We are available to our suppliers and buyers 24/7 over email, phone, or WhatsApp.

California Harvest Update

Anderson Exports is a Bulk Ingredients Sourcing Agency in Northern California. We specialize in sourcing the best ingredients from California, Brazil and the rest of the world. Our newsletter delivers actionable market intelligence to inform our clients' purchasing decisions.

Raisins

California raisin prices are stable for the new 2018 crop and forward contracting is underway. Buyers are finding some relief in the relatively lower prices compared to the higher prices for last year’s short and rain-damaged crop. Foreign buyers are also eager to renew California raisin shipments to their markets. Export shipments of California Natural Seedless raisins were down 59% in August compared to the prior year, according to data from the Raisin Administrative Committee (RAC).

Raisin Prices 2018.PNG

Weather has been favorable and quality is expected to be strong for California raisins this year, avoiding the quality issues and short supply experienced last year due to rains during the harvest. We anticipate shipment volumes to recover to normal levels in the coming months since much-anticipated new crop shipments will begin this month.

We expect the total supply of California raisins to be approximately 335K MT, consisting of ~260K MT from 2018 production and ~75K MT from 2017 carry-over.

California thompson raisin price 2018.PNG

While production recovered compared to last year, total supply is relatively unchanged due to the lower carry-in. The carry-in to 2018 is only ~75K MT, which is 44% lower than the 5-year average carry-in for California Natural Seedless Select raisins. As much as 50K MT of the industry carry-over may be held by Sun-Maid and destined for retail, not bulk raisin export markets. Planted raisin acreage is also in a state of steady decline due to raisin vine pull-outs as farmers plant walnuts, almonds, and other crops.

We have seen exceptional quality from California’s new raisin crop as early loads come in from the fields. In 2019, we expect Asia to continue to displace Europe as the world’s largest export market and Japan to be the largest importing country. Asia has a growing middle-class consumer base which has increasingly more access to, and ability to pay for, imported California raisins. Increasing penetration of e-grocers will not only educate consumers about California raisins, but also introduce California raisins to ever larger consumer audiences in Asia. We have seen our strongest demand for California raisins from our own customers in Japan, China, Taiwan, South Korea, Singapore, Thailand, and the Philippines.

We supply all major bulk California raisins including dried-on-the-vine (DOV) and tray-dried Thompson Seedless Selects, Selma Petes, Flames, Goldens, and other varieties in Jumbo, Select, and Midget sizes.

Walnuts

Amid weaker prices and record global supply, California walnut handlers face a challenging year ahead. The graphic below illustrates the growing production and acreage of the California walnut industry, based on data from the USDA.

california chandler walnut howard tulare vina serr jumbo large (1).PNG

Walnut acreage in California and in other regions is on the rise. California anticipates a crop of 690K Short Tons, which is an all-time record. Chile will have carry-in for the first time ever. China also continues to grow a massive crop in the range of 800K MT, which is consumed domestically. Due to increases in walnut production in California, China, Chile, and in the Baltics, the global walnut market is in a state of structural oversupply. Add to this a further 65,000 non-bearing acres in California alone, which will significantly add to total production in the coming years. This may create lasting effects in both pricing and supply.

Contracting volume early this year is especially important for California’s in-shell-only packers since they do not have the ability to crack their walnuts themselves. In-shell-only packers who miss the inshell selling season this year because they “want to hold off the market and wait for prices to come up” or “protect their brand” will find themselves in a dire situation if prices remain weak.

There is a silver lining here: an extended period of lower prices and growing supply may build up new destination markets for California walnuts. As prices come down, previously inaccessible markets will be opened and new consumers will be introduced to California walnuts as a delicious and nutritious ingredient. Introducing new consumers to California walnuts will in turn increase the overall demand. Increasing overall demand will ultimately help to rebalance the oversupply and buoy prices.

All varieties are coming in slightly later than expected this harvest season. Some growers and packers are seeing a slight increase in edible yield due to a general lack of tip-shrivel. Howard, Hartley, and other early varieties are being received now, with the expectation that first receipts of Chandler will begin to come in off the trees this week or next.

Please let us know if you have a current need, or would like to book forward contracts for, Jumbo and Jumbo / Large (J/L) inshell Chandler, Howard, Hartley, Vina, Tulare, Serr or any other California walnut varieties. Many customers have also booked contracts for Chandler and Non-Chandler LHP 20%, 40%, 80%+, and more. We can also provide Bleaching for inshell products and vacuum-packing or nitrogen pillow-packing for shelled products.

Cranberries

In preparation for the 2018 cranberry harvest season we visited Wisconsin, the largest production region of cranberries in the U.S. The weather has been favorable and the crop is coming along nicely. With cool evening temperatures and warm humid days this summer, our Wisconsin growers are reporting excellent sugar maturation leading up to this year’s harvest.

Supply remains tight due to shortages of sweetened dried cranberries (SDCs) due to last year’s small cranberry crops in the U.S. and Canada. Lead times remain long and material for prompt shipment is increasingly hard to find with most packers holding off the market or offering at premium prices for forward shipment, if at all. The industry still awaits the USDA’s volume regulation decision, which may further constrain supply. Some packers will have periodic availability for prompt shipment although most will only be booking for shipment in 2019.

Our visits to Wisconsin cranberry bogs and the processing facilities for whole and sliced SDCs can be seen in the graphic below. During this trip, we gained further insight into the mechanics of SDC production. We highlight below the key methods and processes involved in bringing you the world’s best quality sweetened dried cranberries.

The cranberry harvest occurs in the late fall months, after which cranberries are frozen prior to processing into the first SDCs available for shipment in December 2018 or January 2019, depending on the packer.

cranberry prices 2018.PNG

New crop cranberry shipments, unlike almost every other dried fruit or nut product, DO NOT begin promptly after the receipt of the new crop cranberry harvest. In fact, once harvested, cranberries are first put into cold storage where they are left to freeze solid over several months. The freezing process prepares the fruit for eventual SDC production. All freshly manufactured SDCs are made from fruit that has been frozen for at least several months. “New Crop” for SDCs is therefore somewhat of a misnomer as all SDC products are processed exclusively from frozen fruit and this freezing process takes many months. Once a new lot of SDCs is produced, the product typically has a stable shelf-life of 24 months.

Please let us know if you have a current need, or would like to book forward contracts for, Organic or Conventional Whole or Sliced Sweetened Dried Cranberries (SDCs). We also supply 50 Brix and 65 Brix cranberry concentrate, shipped in bulk 55 gallon drums.

Almonds

The almond market is on hold as the talk of California type varieties coming in short continues. Suppliers are also awaiting the position report which will come out next week.

All major California Almond varieties will be available to ship in the coming weeks as many buyers are beginning to book their forward inventories. Our most popular almond varieties are Nonpareil, Independence, Butte/Padre, and Carmel types with the most popular grades of Supreme, Extra, Standard 5%, and more.

OTHER PRODUCTS

We work with a number of other products so please reach out if you have an inquiry for something you do not see here. We are experts in sourcing bulk food ingredients and welcome the opportunity to work with you on your inquiries. Some of our other product offerings include sunflower seeds, lentils, green peas, freeze dried fruits, popcorn, dried cherries, dried apples, dried blueberries, cherry concentrate, quinoa, dried honey dates, dried cherry tomatoes, dried gojis, dried kiwis, dried strawberries, chickpeas, chia seeds, dried mulberries, almonds, macadamias, pistachios, walnuts, cashews, pine nuts, pecans, brazil nuts, pumpkin seed kernels, melon kernels, hazelnuts, dried prunes, golden raisins, sultanas, dried apricots, sweet apricot kernels, dried black currants, dried figs, dried dates, popcorns, maraschino cherries, dried tomatoes, strawberry pie filling, blueberry pie filling, cherry pie filling, dried mangoes, dried gingers, dried pineapple, and desiccated coconut.

WORK WITH US AS A SUPPLIER

We are always looking to grow our supplier base with companies capable of delivering continuous high quality product at large volumes. If you are interested, please reach out and introduce yourself.

We welcome your inquiries and look forward to working together to deliver you the highest quality ingredients from the world's best suppliers. We are available to our suppliers and buyers 24/7 over email, phone, or WhatsApp.

California Raisin Harvest 2018

Anderson Exports is a Bulk Ingredients Sourcing Agency in Northern California. We specialize in sourcing the best ingredients from California, Brazil and the rest of the world. Our newsletter delivers actionable market intelligence to inform our clients' purchasing decisions.

Raisins

We visited multiple raisin processors in the Central Valley of California this week to discuss the new crop and forward pricing for the 2018 California raisin crop.

Newsletter 09.23.18 - Graphic 1.PNG

The vines are no longer resting this year and weather has been favorable so bunch counts are up significantly compared to the prior year. In one raisin plot in Kerman, California we learned that bunch counts recovered to 34 bunches per vine this year compared to 18 bunches per vine in the prior year, up 89%. Consistent with improved bunch counts and yields, we also observed substantial increases in the number of trays per row compared to last year, which is of course another positive indicator for the new crop. There is no rain or adverse weather in the 15-day forecast so the quality of the new raisin crop should be exceptional.

Despite the rebound in production, total supply will be relatively unchanged compared to last year due to the record low carry-in. For 2018, we expect total supply of approximately 335K MT, consisting of ~260K MT from 2018 production and ~75K from 2017 carry-over. The total supply for bulk raisins is probably even lower since as much as ~50K MT of the industry carry-over may be held by Sun-Maid and destined for retail, not bulk raisin export markets.

Pricing for 2018 crop bulk California raisins is opening at reasonable levels. Customers buying at expensive prices for 2017 crop over the past few months are finding some relief in the lower prices for the new 2018 raisin crop. Opening prices are generating new contracting momentum and also leaving room for steady price increases throughout the season, which is ideal for processors and foreign importers. Demand for new crop from foreign markets in Asia should be particularly strong as shipment numbers from California have been significantly below normal in recent months. Shipments of California Natural Seedless raisins to export markets totaled only 4,192MT in August 2018, 59% lower than the prior year period. We anticipate stable and slowly rising prices for bulk California Thompson raisins.

California’s new crop raisins are of excellent quality and as the harvest gets underway, we believe it is important to inform our buyers of California’s key raisin products and their differences. The graphic below shows the primary attributes of California’s two most commonly exported raisins: Thompson Seedless (Tray-Dried) and Dried-on-the-Vine (DOV). It is important to note that the distinction of DOV specifically describes the drying / harvest process, not a difference in variety as a single variety of grape can be either tray-dried (Thompson Seedless) or Dried-on-the-Vine (Thompson DOV).

Newsletter 09.23.18 - Graphic 2.PNG

As California comes to market with extremely high quality fruit, Turkey is grappling with unprecedented currency volatility. In this unknown environment, forward contracting in Turkey with high confidence is all but impossible. Based on the extent of recent swings in the Lira, currency movements of a single day can ruin an otherwise profitable raisin contract from Turkey. The extent to which this instability will incentivize Turkish raisin buyers to reconsider their supply sources remains to be seen. To be sure, price motivations have clearly dominated many European buyers’ shift to Turkey but if currency issues persist or quality problems arise, some buyers may reconsider.

We are pleased to present the following product showcase for Selma Pete DOV Double-Run Supreme raisins.

Newsletter 09.23.18 - Graphic 3.PNG

We supply all major bulk California raisins including dried-on-the-vine (DOV) and tray-dried Thompson Seedless Selects, Selma Petes, Flames, Goldens, and other varieties in Jumbo, Select, and Midget sizes.

Walnuts

The California walnut new crop is developing well. The weather has been ideal with the harvest underway for the early varieties of Vina, Serr, Howard, and Hartley. California packers are receiving a smaller than usual number of forward contracts vs this time last year. Opening prices are low with processors aware that it is a buyers market right now. Processors also know that seasonal demand from Europe and the Middle East are not yet fully expressed in the market price. Some processors may be keen to get forward business on the books at the current low prices while other larger processors are not anxious to undersell what is shaping up to be an excellent crop.

Chandler inshell will be available to ship in the first half of October. Early varieties such as Vina, Serr, and Hartley are already being received by California walnut processors. Jumbo and Jumbo / Large Hartley Bleached, Jumbo Howard, Jumbo Chandler, and Jumbo Large Chandler available for booking.

Cranberries

Prices remain high for sweetened dried cranberries (SDCs) as supply remains tight. With extremely limited near-term availability, there is no spot market for prompt shipment from origin. Though the new crop is developing well, anxiety still surrounds the possibility of the USDA’s approving a 25% volume reduction across the U.S. cranberry industry. We supply organic and non-organic whole and sliced sweetened dried cranberries (SDCs) from Wisconsin, Massachusetts, and Canada.

Almonds

California Almonds are on track to hit a record breaking crop for the 2018 harvest. Early indications suggest that the nonpareil crop may be short. Our recent visit to California’s Central Valley reaffirmed reports that this almond crop is of very high quality as the first field-run product is received by processors for packing.

All major California Almond varieties will be available to ship in the coming weeks as many buyers are beginning to book their forward inventories. Our most popular almond varieties are Nonpareil, Independence, Butte/Padre, & Carmel types with the most popular grades of Supreme, Extra, Standard 5%, and more.

Newsletter 09.23.18 - Graphic 4.PNG

Other Products

We work with a number of other products so please reach out if you have an inquiry for something you do not see here. We are experts in sourcing bulk food ingredients and welcome the opportunity to work with you on your inquiries. Some of our other product offerings include sunflower seeds, lentils, green peas, freeze dried fruits, popcorn, dried cherries, dried apples, dried blueberries, cherry concentrate, quinoa, dried honey dates, dried cherry tomatoes, dried gojis, dried kiwis, dried strawberries, chickpeas, chia seeds, dried mulberries, almonds, macadamias, pistachios, walnuts, cashews, pine nuts, pecans, brazil nuts, pumpkin seed kernels, melon kernels, hazelnuts, dried prunes, golden raisins, sultanas, dried apricots, sweet apricot kernels, dried black currants, dried figs, dried dates, popcorns, maraschino cherries, dried tomatoes, strawberry pie filling, blueberry pie filling, cherry pie filling, dried mangoes, dried gingers, dried pineapple, and desiccated coconut.

Work With Us As a Supplier

We are always looking to grow our supplier base with companies capable of delivering continuous high quality product at large volumes. If you are interested, please reach out and introduce yourself.

We welcome your inquiries and look forward to working together to deliver you the highest quality ingredients from the world's best suppliers. We are available to our suppliers and buyers 24/7 over email, phone, or WhatsApp.

California New Crop Updates

September 9, 2018

Anderson Exports is a Bulk Ingredients Sourcing Agency in Northern California. We specialize in sourcing the best ingredients from California, Brazil and the rest of the world. Our newsletter delivers actionable market intelligence to inform our clients' purchasing decisions.

Pecans

According to a report by Daniel Sumner and Tristian Hanon from UC Davis published in August 2018, the share of pecans shipped to countries with retaliatory tariffs on the U.S. (~22%) is higher than the share of walnuts (~14%), almonds (~13%), and pistachios (~13%) shipped to markets facing increased tariffs.

Pecans have relatively high exporsure to markets facing increased tariffs compared to other nuts.JPG

The report, which assesses U.S. fruits and nuts found that the trade losses may total to $2.64 billion per year using the export value lost as a measure.   

Our earliest new crop shipments are for late September / early October. We supply Fancy Junior Mammoth Halves (FJMH), Fancy Pieces, and other sizes / types for all major U.S. pecan varieties.
The U.S. pistachio crop is developing well. Expect new crop shipments in October and November. We supply all major grades and sizes of in-shell and kernel Pistachios from the U.S. and welcome your inquiries for new crop.

Walnuts

California walnut production is estimated at 690K MT, up 10% from the crop of 630K MT last year according to the 2018 California Walnut Objective Measure Report released by the USDA. 

California is on track for the largest walnut crop on record_v02.JPG

The data indicated an average nut set of 1,176 per tree, up 3.1% from the 2017 average of 1,141. Sizing data came in small -- all of the sizing measurements were below the prior year levels. Although there were some concerns that rains in the late spring would damper the crop, it turned out to the contrary: cooler conditions increased kernel size and improved quality. All told, California is on track for a good walnut harvest which will kick-off in the middle of this month.

For those buyers who are looking for the best potential for high quality inshell, we recommend sourcing your product from the world renowned Linden area, which grows some of the highest quality and most sought after nuts in California. Up and coming regions with increasingly higher quality production also include the Northern areas of Chico and Yuba City. The rise of these growing regions is in no small part due to the climatic changes caused by the increasing pressures of warmer average temperatures seen over the past decade in California’s Central Valley. These higher temperatures create risk of sunburn, infestation, and issues of water availability. Fortunately for California’s walnut industry, Northern California has reliable water resources and a more mild climate, ideal for growing these incredibly healthy nuts. 

Cranberries

The cranberry harvest is now only a few weeks away. The 2018 cranberry crop is expected to be normal which will likely register as a year-over-year increase compared to 2017 when production was down in the U.S. and Canada. While production is expected to recover, total supply for 2018 / 2019 will be similar to this past year due to lower carry-in and the USDA volume regulations. The potential for the 2018 handler withholding to pass provides further runway for higher prices for  sweetened dried cranberries (SDCs). The Cranberry Marketing Committee meeting in mid-August provided further clarity on the handler withholdings (supply reductions).

The 2018 handler witholding proposal remains a wild card for the U.S. cranberry industry.JPG

The USDA ruling which approved the Cranberry Marketing Committee recommendation to impose a 15% handler withholding on the 2017 crop is being enforced. In total, an estimated 792,000 barrels of cranberries will be removed from U.S. inventories as a result of that ruling, which is about a 7% reduction versus a normal harvest. Since the 2017 crop was down due to natural causes, this artificial supply reduction compounded supply tightness. Amid strong global demand for SDCs, prices have doubled compared to a year ago and show no signs of reversing in the foreseeable future.

The 2018 handler withholding remains a wild card for the cranberry industry. The USDA has still not released the final ruling and producers are frustrated as the consequences of this decision are far-reaching. At the Cranberry Marketing Committee meeting in August, the guidance from the USDA was to proceed with the assumption that the USDA will publish a final ruling consistent with the proposal issued in April. Based on that proposal, it is estimated that the 2018 handler withholding will remove 1,275,000 barrels of cranberries from U.S. inventories, which is about a 12% reduction versus a normal harvest. Given that the market is already extremely tight, the passing of the proposed handler withholding for 2018 would likely give prices further upward momentum.

For buyers with uncovered SDC needs for the fourth quarter 2018, we have some limited availability and would advise reaching out before the production slots are filled up. Given how much prices have come up in the last year, many customers have responded by covering on a hand-to-mouth basis with single loads here and there. This tendency to buy spot instead of through forward contracts may prove to be a costly strategy if forward material is not contracted and the 2018 producer allotment passes. We supply sliced and whole sweetened dried cranberries from Canada and the U.S. and welcome your inquiries.

Raisins

Yesterday the Raisin Bargaining Association sent out a letter stating the field price offer to packers for the 2018-19 raisin crop. The price offered is the highest in the history of California Raisins and reflects the very low inventory position and the reduced acreage producing raisins. The inventory as of August 1, 2018 was approximately 79,000 tons. This is a reduction of over 40,000 tons from August 1, 2017. Based on this, the growers would need to produce 40,000 more tons than they produced in 2017 just to have the same available tonnage. Weather conditions during the harvest have been exceptional and most in the industry are very optimistic that the crop will be of excellent quality.

With the 2018 California raisin harvest underway, buyers are eager to lock-in new crop contracts. California raisins are known for being the highest quality in the world due to experienced farmers, ideal growing conditions, advanced processing equipment. Natural Thompson Seedless Select raisins are the most sought after raisin variety and size. With shipments of California Thompson raisins down substantially compared to last year, buyers have been covering with other regions -- namely, Turkey, Chile, and South Africa. When the new crop becomes available in the coming weeks, we expect monthly shipment numbers to rebound. Prices will likely remain firm even if the new crop is normal due to extremely low carry-in. From California, we supply Thompson Seedless, Selma Pete, Fiesta, Zante Currant, Flames, Golden Seedless in Jumbo, Select, and Midget sizes and welcome your inquiries.

Almonds

The new nonpareil crop is rolling in and early reports suggest that sizing is a little small. Of course, these are preliminary reports so the extent of the issue remains to be seen. Nonetheless, this week, many almond suppliers were off the market or only offering “safe” pricing way above the current market. With tariff uncertainty compelling many buyers to stay on the sidelines, forward contracting activity is lagging prior years. However, global demand for almonds is robust and we expect the market to pick-up soon as new crop shipments become available.

Pistachios

Trump’s trade war is having mixed impacts on the California pistachio industry. On the positive side, sanctions on California’s key pistachio growing rival -- Iran -- will likely allow California to take market share in the global market. On the negative side, major buyers of Pistachios are in countries such as China which are being targeted by Trump’s tariffs. As a result, retaliatory tariffs on pistachio imports from China will dampen California’s ability to serve key export markets. With the new crop on the way, the impacts remain to be seen. 

Sugar

The incentives for Brazilian mills to produce sugar sweetener compared to ethanol is extremely low right now. Therefore, much of the cane typically destined for sugar is being diverted to ethanol. These trends are weighing on estimates for how much sugar will be exported by Brazil in the years to come. All told, even with the diversions to ethanol, Brazil is a key global bulk exporter of sugar and that role will likely remain unchanged. Particularly on vessel-load business, other countries have a hard time competing with Brazil due to the favorable cane growing conditions in the country and the sophistication and scale of the industry.

We supply Brazil origin ICUMSA 45 Sugar by the vessel on a spot (MOQ: 12,500 MT) or forward contract basis including long-term contracts of 300,000 MT / month x 12 months. Payment by SBLC, BG, or DLC confirmed by global top 50 bank. We supply German Beet Sugar (MOQ: 1 FCL) as well as Thai Sugar (MOQ: 10 FCLs)

Brazil Soybeans

Next month, soybean planting will begin full-throttle in central Brazil. Particularly due to Chinese tariffs on U.S. agricultural products such as soybeans, Brazil is in a relatively advantaged position vis-a-vis the U.S. Planted soybean acreage is on the rise and Brazil and the country is expected to continue in itsrole as a key global supplier of soybeans in the years to come.

We supply GMO and Non-GMO certified Soybeans from Brazil. MOQ: 12,500+ MT. Payment by SBLC, BG, or DLC confirmed by global top 50 bank.

Brazil Corn

Full-season corn is typically planted this month in Brazil. Corn is predominantly grown in the Southern and Southeastern regions of Brazil. During this month, scattered rains are expected and warm to hot temperatures. 

We supply GMO and Non-GMO certified Corn from Brazil. MOQ: 12,500 MT. Payment by SBLC, BG, or DLC from global top 50 bank.

Rice

We offer a wide range of rices from Thailand and Cambodia including Gaba Jasmine, Thai Fragrant, Thai Hommali, Thai Black, Thai White, Thai Red and Thai Parboiled Rices. MOQ: 10 x 20’ FCLs.

Other Products

We work with a number of other products so please reach out if you have an inquiry for something you do not see here. We are experts in sourcing bulk food ingredients and welcome the opportunity to work with you on your inquiries. Some of our other product offerings include sunflower seeds, lentils, green peas, freeze dried fruits, popcorn, dried cherries, dried apples, dried blueberries, cherry concentrate, quinoa, dried honey dates, dried cherry tomatoes, dried gojis, dried kiwis, dried strawberries, chickpeas, chia seeds, dried mulberries, almonds, macadamias, pistachios, walnuts, cashews, pine nuts, pecans, brazil nuts, pumpkin seed kernels, melon kernels, hazelnuts, dried prunes, golden raisins, sultanas, dried apricots, sweet apricot kernels, dried black currants, dried figs, dried dates, popcorns, maraschino cherries, dried tomatoes, strawberry pie filling, blueberry pie filling, cherry pie filling, dried mangoes, dried gingers, dried pineapple, and desiccated coconut.

WORK WITH US AS A SUPPLIER

We are always looking to grow our supplier base with companies capable of delivering continuous high quality product at large volumes. If you are interested, please reach out and introduce yourself.

We welcome your inquiries and look forward to working together to deliver you the highest quality ingredients from the world's best suppliers. We are available to our suppliers and buyers 24/7 over email, phone, or WhatsApp.

Global Raisin Update

August 19, 2018

Anderson Exports is a Bulk Ingredients Sourcing Agency in Northern California. We specialize in sourcing the best ingredients from California, Brazil and the rest of the world. Our newsletter delivers actionable market intelligence to inform our clients' purchasing decisions.

Raisins

California raisins are about 3 weeks from harvest. The 2018 California raisin crop is healthy and developing well so far. Bunch counts recovered compared to the prior crop. The Raisin Bargaining Association (RBA) reported 33 bunches per vine for the current crop, up 22% from last year but still below the 10-year average of 37 bunches per vine. Weather, as we saw last year with the two unexpected rains during the harvest, is of course a key factor for a successful raisin harvest and will be especially in focus in the coming weeks.

Prices for bulk California raisins will likely remain elevated even if the new crop is normal. The current raisin crop was the smallest since 1982 according to the RBA. Due to the record small crop this year, the carry-in for 2018 supply is estimated to be ~70 - 75K MT, or ~48% lower than the 5-year average. Demand for California raisins has built-up considerably in recent months as monthly shipment numbers lag severely behind recent years. Shipments of California Natural Seedless raisins were down by 41% in July compared to the prior year based on the latest report from the Raisin Administrative Committee (RAC). 

California raisin suppliers are therefore eager to renew supply continuity for both domestic and international clients. Buyers are similarly looking forward to new crop, particularly for Select / Medium sizes of Thompson Seedless raisins which can be hard to come by at this point in the year. Midget / small sizes, which fall through the screens first compared to larger fruit, are available from the current crop at attractive levels.

After last year’s disappointing raisin crop in California, major importers turned to Turkey, Chile, and South Africa to cover supply in recent months. California processors even imported chilean material to fulfill domestic customer needs. Chilean raisin exports to the United States increased by 54% from January - May of this year compared to last according to data from the USDA. While the swing is notable, Chile’s total raisin production of ~60K MT still lags the United States and Turkey by a substantial margin. For example, in a typical year, California ships ~20K MT of raisins per month so it would take only 3 months to ship Chile’s entire annual production volume. Nonetheless, quality from Chile this year has been excellent and we have loads available for prompt shipment from Chile for Thompson and Flame raisins. 

Turkey’s new crop for raisins is also just around the corner. With the Eid al-Adha holidays ongoing, the market in Turkey will be slow for the next week. Turkey’s Minister of Agriculture, Mr. Pakdemirli recently announced the new crop estimate for Turkey at 261K MT. The actual figures often differ substantially from the government’s estimates so we will have to wait and see. Turkish Sultana raisins and Thompson raisins will be first shipped to Spain, due to its close geographic proximity, then to Europe and other export markets. Though Turkey has continued to grapple with observing strict pesticide controls, overall, the quality of Turkey’s raisin processing facilities is improving. For Turkish raisins, we supply from BRC and ISO 22000 suppliers to deliver the highest quality Turkish sultana raisins to our customers.

Trump’s recent spat with Erdoğan is causing major problems and concerns for Turkey’s trading partners. We have seen large fluctuations in the value of the Turkish Lira, which will certainly affect the rates at which raisins are offered to Turkey’s foreign purchasers. Due to the general uncertainty around the Lira, we have seen many Turkish suppliers reluctant to offer large forward contracts.

Iranian sultana raisin exports outside of the Middle East will face major challenges in the coming year due to the U.S. sanctions. Trump intends to clamp down on businesses and banks doing business with Iran. European buyers of raisins from Iran will likely turn to Turkey, Afghanistan, Uzbekistan, the U.S., Chile and South Africa this year due to these trade and sanction issues.

We specialize in sourcing the highest quality sun-dried raisins from California, Turkey, Chile, and South Africa and we we welcome your inquiries for dried-on-the-vine (DOV) and tray-dried Thompson Seedless, Selma Petes, Flames, Goldens, and other varieties in Jumbo, Select, and Midget sizes. Currently, we also have Chilean and South African raisins for prompt shipment. 

Cranberries

Severe fruit shortages of sliced sweetened dried cranberries (SDCs) continued in recent weeks. Producers have no availability for prompt shipment. Lead-times to earliest shipment remain long and prices are high and have shown no weakness yet. The USDA decision on the 25% producer allotment (supply reduction) for the coming crop still remains unknown at this time. Given the substantial impact this decision will have on the industry and fruit availability, the tightness in pricing and supply may become even more problematic if the supply reduction is passed.

For buyers, the current situation is no doubt challenging. Prices have doubled over the last year and show no signs of relenting at this time. There is no longer a spot market for prompt shipment due to the shortages. The U.S. is also essentially the sole supplier of cranberries around the globe, besides a very small crop from Chile, so there are no actionable alternative supply origins for sourcing cranberries. Therefore, we urge our clients to discuss their cranberry requirements with us as early as possible in order to determine the right approach to covering forward needs for SDCs.

Walnut

The new walnut crop in California is looking good. Some walnut growers have been doing some cuttings in recent weeks and have reported that the color of the walnuts is better than at the same time last year, which is a positive sign. The Objective Walnut Estimate is set to be released in September by the California Agricultural Statistics Service (CASS) and should add further clarity on the size of the 2018 California walnut crop. Current estimates are in the 680 - 700K MT range. 

Export sales have been slow in recent weeks due to the tariffs. Currency volatility is also adding to buyer reluctancy to book forward contracts. The market may pick-up after the details of the Section 32 buys are released. This is the relief channel for the walnut industry on the trade war. We expect market activity to pick-up in the coming weeks.

The Walnut Acreage Report for California released in July 2018 showed 335,000 bearing acres for California, a new record which positions the industry well for a record crop. The 2017 bearing acreage is composed primarily of Chandler (47%) followed by Hartley (12%), Howard (11%), Tulare (11%), Serr (5%), Vina (5%), and others (10%). There are also approximately 65,000 non-bearing acres for the 2017 year, according to the USDA. Chandler represents the 59% of the non-bearing acreage. These trees will begin to produce in the coming years, adding to the bearing acreage and total production. 

California has the lightest and largest walnuts in the world. We supply in-shell and shelled walnuts for all major varieties including Chandler, Hartley, Howard, Tulare, Serr, Vina, and others.

Almonds

Foreign buyers continue to be cautious with forward contracts for the new crop. However, current-year almond shipments are still going strong through the typical transshipment routes into China via Vietnam, Hong Kong, etc. The July 2018 California almond shipment report showed July shipments at 143 mm lbs, down slightly from the prior year figure of 153.9 mm lbs. The lower committed shipments of 170 mm lbs, down 15.65% confirms the slow forward contracting environment. Global uncertainty on tariffs, foreign exchange volatility and a large crop may keep put a lid on pricing this year for some California almond varieties.

We anticipate almond prices to be steady. Cals are harder to come by at the moment. The Cal SSR crop is coming in a little short vs. last year. Growers and processors are expecting approx. 285 mm of SSR grade product this year. Supply is not keeping up with demand on SSRs so expecting firmer pricing there.

Pecans

The new California walnut crop quality looks good, although we still have another six weeks of summer weather to get through before we’re safe. In a hot year like this, well-irrigated orchards will perform particularly well. Georgia’s crop is looking especially strong with estimates in the 110 - 140 million lbs range. Estimates for the U.S. and Mexico pecan crops are in the 300 mm lbs and 330 mm range, respectively. 

Our earliest new crop shipments are for late September / early October. We supply Fancy Junior Mammoth Halves (FJMH), Fancy Pieces, and other sizes / types for all major U.S. pecan varieties.

Pistachios

Trump’s resumption of sanctions on Iran is positioning U.S. pistachio suppliers for big share gains. Iran is the only real rival to U.S. pistachios in terms of production volume followed by Turkey. The estimated carry-over to new crop is going to be smaller than in typical years which may drive firmer opening prices. As we approach the harvest season, focus will be on weather and trade tariffs. 

The U.S. pistachio crop is developing well. Expect new crop shipments in October and November. We supply all major grades and sizes of in-shell and kernel Pistachios from the U.S. and welcome your inquiries for new crop.

Figs

Turkish Figs have seen a recent rain while the product is in its most critical stage for harvesting. We have heard reports that up to 40% of figs will be either sour, open-mouthed, or cracked. We have seen this movie before this past year in California raisins. These types of late season rains during critical junctures in the process of harvesting creates major problems that stem from the damage these rains can do. This past year in California, as we have talked about extensively, has shown the monthly shipments to be down some 40+ percent in July vs. this time last year.

This is a big deal for Turkish Figs as it will bring two-fold results to this large export market; 1) We will likely see a large decrease in total available tonnage in the coming year (2018 / 2019) vs last year due to mold, sand, and grit concerns and 2) The price of Turkish Figs will thus begin to climb beginning now through this coming year. We saw the same in California raisins last year, with many buyers holding off the market during the early fall harvest season, when prices were at their lowest they would be all year. This has caused a backlog of orders with lower quality and higher prices. We ultimately recommend that anyone interested in booking their Turkish Fig needs for this season books this business sooner rather than later to avoid the inevitable rises in price and lower quality to be expected from Turkey after the recent rains. 

Apricots

The Turkish dried apricot harvest is nearing an end. The quality of the crop is good. The average sizes are in the 3 - 4 range. The estimated carry-in to the 2018 crop is about 30K MT. Organic and non-organic sulfured and unsulfured Turkish apricots are available for export markets in size 3, 4, and 5. 

Brazil Sugar

Sugar prices remained low in recent weeks as world market surpluses continued. Large production increases from India and Thailand added to the excess supply situation. After production quotas expired in October 2017, the E.U. sugar industry is facing an extremely challenging export environment given the low price environment. Recent droughts in the E.U. are weighing on production estimates as well. 

We supply Brazil origin ICUMSA 45 Sugar by the vessel on a spot (MOQ: 12,500 MT) or forward contract basis including long-term contracts of 300,000 MT / month x 12 months. Payment by SBLC, BG, or DLC confirmed by global top 50 bank.
We supply German Beet Sugar (MOQ: 1 FCL) as well as Thai Sugar (MOQ: 10 FCLs)

Brazil Soy

Brazil’s exports of soybeans are expected to hit an all-time record this year. The 25% Chinese tariff on U.S. soybeans is set to improve Brazil’s relative competitiveness compared to the U.S. In the first half of 2018, Brazil’s exports of soybeans to China increased to approximately 36 million metric tons, up about 6% from the prior year. In July alone, Brazilian soy exports to China rose 46% compared to July last year.

Weak sugar prices are also incentivizing Brazilian farmers to switch from sugar to soy and other crops. According to government data, Brazil’s soy plantings grew by 2 million hectares in two years while, over the same period, planted acreage for cane sugar declined by 400,000 hectares.

We supply GMO and Non-GMO certified Soybeans from Brazil. MOQ: 12,500+ MT. Payment by SBLC, BG, or DLC confirmed by global top 50 bank.

Brazil Corn

Estimates for Brazil’s 2017 / 2018 corn crop declined slightly in recent weeks to 82.1 million tons (MMT) which reflects a decrease of 16% compared to last year’s production of approx. 99 MMT. Brazil’s corn exporters continue to be well-positioned to take advantage of Trump’s trade disputes with key trading partners.  

We supply GMO and Non-GMO certified Corn from Brazil. MOQ: 12,500 MT. Payment by SBLC, BG, or DLC from global top 50 bank.

Rice

We offer a wide range of rices from Thailand and Cambodia including Gaba Jasmine, Thai Fragrant, Thai Hommali, Thai Black, Thai White, Thai Red and Thai Parboiled Rices. MOQ: 10 x 20’ FCLs.

Other Products

We work with a number of other products so please reach out if you have an inquiry for something you do not see here. We are experts in sourcing bulk food ingredients and welcome the opportunity to work with you on your inquiries. Some of our other product offerings include sunflower seeds, lentils, green peas, freeze dried fruits, popcorn, dried cherries, dried apples, dried blueberries, cherry concentrate, quinoa, dried honey dates, dried cherry tomatoes, dried gojis, dried kiwis, dried strawberries, chickpeas, chia seeds, dried mulberries, almonds, macadamias, pistachios, walnuts, cashews, pine nuts, pecans, brazil nuts, pumpkin seed kernels, melon kernels, hazelnuts, dried prunes, golden raisins, sultanas, dried apricots, sweet apricot kernels, dried black currants, dried figs, dried dates, popcorns, maraschino cherries, dried tomatoes, strawberry pie filling, blueberry pie filling, cherry pie filling, dried mangoes, dried gingers, dried pineapple, and dessicated coconut.

Work With Us As a Supplier

We are always looking to grow our supplier base with companies capable of delivering continuous high quality product at large volumes. If you are interested, please reach out and introduce yourself.

We welcome your inquiries and look forward to working together to deliver you the highest quality ingredients from the world's best suppliers. We are available to our suppliers and buyers 24/7 over email, phone, or WhatsApp.

Pre-Harvest Updates

August 5, 2018

Anderson Exports is a Bulk Ingredients Sourcing Agency in Northern California. We specialize in sourcing the best ingredients from California, Brazil and the rest of the world. Our newsletter delivers actionable market intelligence to inform our clients' purchasing decisions.

Raisins

The new crop of California raisins is developing well with improved bunch counts compared to last year and overall crop quality is looking good. At this time, we are signing up new crop contracts for earliest shipment in September and October.   

Even with expectations of a normal new crop for California raisins, we anticipate elevated prices due to the smaller carry-in and backlog of demand. Since the prior crop was so small, the carry-out from this season is probably going to be approx. 70 - 75k MT for California Natural Seedless Select raisins.

Pic 1 - Low carry-in.PNG

We believe this decreased carry-in figure together with the shipment backlog -- seen in the June shipments down 39% year-over-year -- will lead to tight supply and firm prices for new crop despite normal production levels.

On the demand side, there is strong appetite for California raisins from Asia, particularly in Japan. Based on monthly shipment data from the Raisin Administrative Committee (RAC), the following graphic helps illustrate the shifting export demand for California raisins.

pic 2 - Export shipments.PNG

For the first time ever, Japan imported more California raisins than all of Europe over the period of August 1st to June 30th this year. Not only did Japan surpass European imports, it did so by a vast margin: 9,315 MT or 45%. We expect this robust demand from Japan to continue. Japan’s quality specifications are some of the strictest in the world and California’s processing facilities are the most sophisticated so the two regions are well-suited. 

Over the last few years, Europe has become a less significant buyer of California raisins, opting increasingly for Turkish sultana raisins rather than California Thompsons, largely due to the price differential. Turkey’s proximity to Europe as well as improving processing capabilities are also driving the origin-shift.

The California Thompson is widely considered to be the best snacking raisin globally and will likely remain so for some time. We expect California raisin prices to remain elevated and buyers to act early to secure new crop material and welcome your inquiries for dried-on-the-vine (DOV) and tray-dried California Thompson Seedless, Selma Petes, Flames, Goldens, and others in Jumbo, Select, and Midget sizes.

Cranberries

The USDA decision on the 25% producer allotment (supply reduction) for the coming crop is long overdue at this time. They indicated the decision would be put out in Feb/March but has yet to be released. Growers need to make operating decisions with the information about the crop allotment since the implications will be severe. Availability remains tight with no prompt shipment available. Some suppliers are completely sold out of fruit and are awaiting new crop. At this time, the new crop looks okay -- doesn't appear to be the biggest crop but should be normal. Bottom line is that the USDA holds the cards on forward cranberry pricing due to the potential for the USDA to pass a 25% supply reduction for the coming crop. This decision has the potential to drive prices higher substantially. 

With the earliest shipments being offered right now for September / October, and some suppliers offering January forward shipments well over $2.00 / lb. on an ex-works basis, our recommendation if you need to cover your cranberry needs prior to 2019, is to lock in contracts at today's prices.

Walnuts

Buyer apprehension due to uncertainty over trade tariffs is causing slower new crop sales for California walnuts. Prices have come down in recent weeks for current and new crop. Walnut handlers in California are looking to reduce inventories and accelerate new crop sales so prices are coming down. The new crop is expected to be healthy with tonnage in the 680,000 MT range. Though tariff-related uncertainty may persist for some time, we do expect order activity to pick up after the Objective Walnut Estimate is released later this month. The California Agricultural Statistics Service (CASS) Objective Estimate will add some clarity on the new crop.

Howard, Hartley, Bleached Hartley, Tulare, Vina, and Serr varieties of inshell walnut will be harvested first, with Chandler quick to follow. We are currently marketing new crop inshell Jumbo and Jumbo / Large Chandler Walnuts, please let us know your requirements.

Almonds

Almond prices are declining due to the tariffs effect of weakening demand. China's tariff added a 50% tax to California almonds. Prices have come down approx 10% recently due to the bumper crop expected amid lower demand due to escalating trade tensions. As another setback for U.S. almond growers, China has closed a trading loophole that for years allowed large volumes of American almonds to be transported into the country via Vietnam without incurring import taxes. China's strict treatment of smuggling is also discouraging transshipment activity to avoid tariffs. 

Overall, we see committed shipments currently down >50% from this time last year as an early signal of prices dropping substantially in the period ahead due to the bumper crop amid eroding export demand due to tariffs.

Apricots

Turkish apricot shipments for the 2018 crop are underway and quality is good. Organic and non-organic sulfured and unsulfured Turkish apricots are available in size 3, 4 and 5 are freshly processed and packed. With production for the 2017 / 2018 harvest estimated in the 140,000 MT range, Turkey is by far the largest producer of apricots globally followed by Iran (32,000 MT) and Uzbekistan (10,000 MT). 

Brazil Sugar

Weak sugar prices continued in recent weeks as world market surpluses rose further. Earlier this year, record production from India and Thailand worsened the oversupply situation. Production in the E.U. is also growing after production quotas expired in October 2017. The E.U. faces an extremely competitive export market with global production so high and prices so low. In recent weeks, heavy rains in the Center / South Brazil slowed the sugarcane crush. Wetter weather is known to negatively impact cane quality and incentivizes ethanol production since juice quality deteriorates. 

We supply Brazil origin ICUMSA 45 Sugar by the vessel on a spot (MOQ: 50,000 MT) or forward contract basis including long-term contracts of 300,000 MT / month x 12 months. Payment by SBLC, BG, or DLC from global top 50 bank. 

Brazil Soy

As Trump escalates the trade war with China, Brazil and Argentinian soy farmers are seizing the opportunity to increase production. The USDA raised its 2018 / 2019 Brazilian production forecast to a record 120.5 MMT driven by higher planted soybean acreage. 

Higher freight rates in Brazil are continuing to negatively impact Brazil’s soybean industry. Due to higher inland freight costs as a result of the labor disputes, fertilizer deliveries to Brazilian soybean growers have been delayed. Some growers have reported a rise in fertilizer and pesticide costs of 20% ahead of the 2018 / 2019 crop cycle. Higher fertilize prices will weaken grower margins and may lead to lower fertilizer application rates. In turn, reduced fertilizer and pesticide application rates may depress yields in the years to come. Despite near-term challenges, global demand is growing for soybeans and Brazil is extremely well positioned to serve increasing global demand.

We supply GMO and Non-GMO certified Soybeans from Brazil. MOQ: 50,000+ MT. Payment by SBLC, BG, or DLC from global top 50 bank.

Brazil Corn

Expectations for Brazil’s safrinha corn production fell in recent weeks. Many believe the lower production figures will be reflected in lower volumes of Brazilian corn exports. Reduced production is causing prices to go higher. Estimates for Brazilian production are in the 80 MMT range. Globally, corn inventories are falling faster than expected which is also firming prices. The global stocks to uses ratio is in the 13% range which is the lowest level in recent years.

We supply GMO and Non-GMO certified Corn from Brazil. MOQ: 50,000 MT. Payment by SBLC, BG, or DLC from global top 50 bank.

Other Products

We work with a number of other products so please reach out if you have an inquiry for something you do not see here. Some of our other product offerings include sunflower seeds, lentils, green peas, freeze dried fruits, popcorn, dried cherries, dried apples, dried blueberries, cherry concentrate, quinoa, dried honey dates, dried cherry tomatoes, dried gojis, dried kiwis, dried strawberries, chickpeas, chia seeds, dried mulberries, almonds, macadamias, pistachios, walnuts, cashews, pinenuts, pecans, brazilnuts, pumpkin seed kernels, melon kernels, hazelnuts, dried prunes, golden raisins, sultanas, dried apricots, sweet apricot kernels, dried blackcurrants, dried figs, dried dates, popcorns, maraschino cherries, dried tomatoes, strawberry pie filling, blueberry pie filling, cherry pie filling, dried mangoes, dried gingers, dried pineapple, and dessicated coconut.

Work With Us As a Supplier

We are always looking to grow our supplier base with companies capable of delivering continuous high quality product at large volumes. If you are interested, please reach out and introduce yourself.

We welcome your inquiries and look forward to working together to deliver you the highest quality ingredients from the world's best suppliers. We are available to our suppliers and buyers 24/7 over email, phone, or WhatsApp.

Trade Tariffs & New Crop

July 22, 2018

Anderson Exports is a Bulk Ingredients Sourcing Agency in Northern California. We specialize in sourcing the best ingredients from California, Brazil and the rest of the world. Our newsletter delivers actionable market intelligence to inform our clients' purchasing decisions.

Walnuts

The biggest news leading up to this year's harvest is of course the widespread sentiment of uncertainty surrounding global tariffs and the Trump Administration's trade wars. Buyers have been hesitant to book new crop walnut shipments due to the anxiety surrounding these global tariffs moving into this year’s harvest. This will be a repetitive motif this year across all of California’s agricultural products. China has been a much publicized case of retaliatory tariffs, with many other nations moving to impose similar measures in response to Trump’s hardline trade positions. Recently, India has joined the growing list of countries specifically targeting the California Agricultural industry, announcing tariffs of 120% on California walnuts.

walnuts.1.png

India imported approximately 8% of California’s in-shell crop for the 2017 / 2018 year, according to data from the California Walnut Board, which will cause a meaningful impact on trade flows. Uncertain trade relations and tariffs are already causing a remarkably slow start to new crop sales. Many suppliers we work with are reporting a fraction of the forward sales seen at this time vs. in previous years. How these trade uncertainties are affecting, and how they ultimately will affect, exports in the agriculture sector in California is hard to know at this point in the season, but the evidence so far is showing there may be few winners. 

Turkey, typically California’s largest in-shell trading partner in past years, reported an 18,000 MT decrease in imports for the 2017 / 2018 vs. 2016 / 2017 crop years. Chile and China also continue to grow their output, with estimates for Chile’s production around 150,000 MT and estimates for China’s production approaching 800,000 MT.

With that said, California’s new crop for walnuts is likely to be quite large, with expectations of total crop size in the  650,000 - 680,000 MT range. The California Agricultural Statistics Service (CASS) Objective Estimate, will be released in early September. This estimate will provide further clarity for the overall crop size and average nut size for this year.

As is typical with early harvest indications, there have been a number of issues raised by walnut growers and processors of which the extent of impact remains to be seen. These include a frost during the early spring which caused some growers anxiety as they projected a much smaller crop. More recently though, a wind event in the northern growing regions caused widespread broken branches. Many growers there are now reporting that this damage is due to a much larger volume of walnuts, and larger average nut sizes weighing down their trees this summer, with some growers even reportedly discussing pre-mature pruning activity in order to mitigate further damage to their walnut orchards. Thus, what was once thought to be a new crop in jeopardy is now estimated to be an almost overly robust and healthy crop. 

The CASS Objective Estimate, which will be released in early September will be relied on by many buyers and sellers as the benchmark to determine opening prices. 

Howard, Hartley, Bleached Hartley, Tulare, Vina, and Serr varieties of inshell walnut will be harvested first, with Chandler quick to follow. We are currently marketing new crop inshell Jumbo and Jumbo / Large Chandler Walnuts, please let us know your requirements

Raisins

The latest monthly shipment figures from the Raisin Administrative Committee (RAC) showed California raisin shipments down 39% in June compared to the prior year. The damage caused by lower bunch counts and two rain events during the harvest clearly compromised California’s supply continuity for many customers. Major buyers around the world, including in the U.S., are covering with raisins from Chile or South Africa given the absence of suitable fruit from California until new crop shipments in September / October. 

raisin.shipments.png

Due to the short crop last year, we are seeing earlier interest from large foreign buyers looking to secure their forward needs. Since the field price paid to growers by processors has not yet been established, some packers are holding off on firm offers until around September while others are already booking forward contracts for the new crop. 

The new California raisin crop is developing well and is on-track for a normal crop, provided weather remains favorable. The latest bunch count reading from the Raisin Bargaining Association (RBA) showed bunch counts at 33, up 22% from last year. However, even if the new crop is strong, the total supply will be tight due to the record-low carry-in from the current crop. Demand for Chilean and South Africa raisins, particularly from Asia, has been strong in recent weeks amid low quality and volumes from California. We work with Goldens, Flames, and Thompson Seedless raisins from both origins. 

We expect California raisin prices to remain elevated and buyers to act early to secure new crop material and welcome your inquiries for dried-on-the-vine (DOV) and tray-dried California Thompson Seedless, Selma Petes, Flames, Goldens, and others in Jumbo, Select, and Midget sizes.

Cranberries

The market for Sweetened Dried Cranberries (SDCs) continues to be tight, with fruit shortages keeping prices elevated. Processors are fully booked in the near-term so there is still no material available for prompt shipment. We are offering forward contracts with shipment period of September and onwards.

Pistachios

Pistachio inventories in California are at their lowest levels all year as we approach the new crop harvest. As with walnuts, trade tariffs are causing some uncertainty in California’s pistachio growing regions as China purchases some USD $530+ million worth of the nuts each year. This year’s additional 15% tariff will impact California’s ability to compete with other major growing regions like Iran and Turkey. Pistachios are California’s largest nut import for China, with Almonds as a close second.

Dessicated Coconut

Post-Ramadan, most coconut processing factories in Indonesia have only now started production with more labourers reporting back for work. Factories are now fulfilling orders made just before Ramadan and have some slots still available for prompt shipments. However, the raw material supply is tighter because most raw coconuts were harvested before the Ramadan holidays. This is normally the case just after the factories reopen after Ramadan. Weak prices of Coconut Oil is keeping prices of Desiccated Coconut in check. On the demand side, with the summer holidays in Europe and the U.S., demand is soft. We feel this is a temporary situation and come end of July / August, prices will firm as demand for Christmas heats up. We are seeing most of the demand coming from the Middle East for prompt shipment. 

Brazil Sugar

Overall, supplies are plenty and prices attractive for Brazil sugar, especially as the industry recovers from freight and transportation disruptions in recent weeks. The pace of Brazil sugarcane crushing in the first two weeks of July continued at the same pace. Given the dry spell -- from July 1st - July 15th, almost no rain fell on the five main cane growing states -- some were expecting an uptick in cane crushing which never materialized, likely due to operational downtime for maintenance. 

We supply Brazil origin ICUMSA 45 Sugar by the vessel on a spot (MOQ: 50,000 MT) or forward contract basis including long-term contracts of 300,000 MT / month x 12 months. Payment by SBLC, BG, or DLC from global top 50 bank.

European Sugar

With low global prices for sugar and excess supplies, the European Union’s sugar industry continues to face competitiveness pressures. In October of 2017, production quotas and minimum beet prices were removed, opening the door for major growth for the E.U. sugar industry, albeit in a challenging environment. Beet production in the E.U. is benefiting from favorable weather conditions and improved management of irrigation. 

We supply German Beet Sugar (MOQ: 1 FCL) as well as Thai Sugar (MOQ: 10 FCLs).

Brazil Soy

Despite escalating trade tensions between the U.S. and China in recent weeks, Brazil’s soy exporters have been grappling with uncertainty over freight costs and unable to fully capitalize on the opportunity to take global export share in soybeans. Estimates for freight cost increases range from +25 to 40%, but the exact increase is not yet known. Brazil had a record large crop in soybeans and the U.S. is poised for a bumper crop as well so excess supplies may keep prices soft in the weeks ahead. On the demand side, tariffs for major global importers will be in focus, as with all major agricultural commodities.

We supply GMO and Non-GMO certified Soybeans from Brazil. MOQ: 50,000+ MT. Payment by SBLC, BG, or DLC from global top 50 bank.

Brazil Corn

The safrinha corn harvest in Brazil is well under way. In the state of Mato Grosso -- Brazil’s largest safrinha corn producing state -- ~60% of the corn has been harvested compared to ~5% in Parana, the second largest producing region. The warm and dry weather is favorable for the safrinha corn harvest which is anticipated to produce ~56 million metric tons of corn, down 17% from the prior year.

We supply GMO and Non-GMO certified Corn from Brazil. MOQ: 50,000 MT. Payment by SBLC, BG, or DLC from global top 50 bank.

Work With Us As a Supplier

We are always looking to grow our supplier base with companies capable of delivering continuous high quality product at large volumes. If you are interested, please reach out and introduce yourself.

We welcome your inquiries and look forward to working together to deliver you the highest quality ingredients from the world's best suppliers. We are available to our suppliers and buyers 24/7 over email, phone, or WhatsApp.

Raisin Shipments & More

July 1, 2018

Anderson Exports is a Bulk Ingredients Sourcing Agency in Northern California. We specialize in sourcing the best ingredients from California, Brazil and the rest of the world. Our newsletter delivers actionable market intelligence to inform our clients' purchasing decisions.

Raisins

Based on data from the Raisin Administrative Committee (RAC), shipments of California Natural Seedless Thompson raisins are down considerably compared to the prior year. From the beginning of August to the end of May, total domestic & international shipments are down 13% this year compared to last. This May alone, total shipments were down a staggering 32% compared to last May. Based on these substantially lower shipments, particularly for the recent and coming months, a backlog of demand is building. We expect the pent up demand for California raisins to impact opening prices even if the total crop size returns to a more normal level.

Raisin Shipments.png

The new crop is looking good with bunch counts up considerably from last year. Fingers crossed for no major weather events this year. New crop shipments should begin around October. September is possible if there's an early harvest but planning on October is more reasonable. Current crop is virtually sold-out across the Central Valley of California. Given the adverse weather events and the resulting quality concerns, we're advising our clients to cover current needs with Chile at the moment and stay away from the rain-related issues with the current crop of California raisins. 

While this past year has proved to be one of the most challenging in decades for the California raisin industry, California raisins are the highest quality available in the world. Even with the damage to the crop, import shipments from some of the highest spec. countries increased year-over-year. For example, Japan's year-to-date imports of California Natural Seedless raisins are up 17% compared to the prior year period. Unprecedented weather events surely presented challenges to the California raisin industry this year. However, the California raisin industry is an exceptional and resilient one which will continue to be a world leader in quality and supply continuity in the years ahead. We are now engaging with clients for forward contracts on California raisins for upcoming crop and look forward to serving your needs.

Chilean raisin suppliers still have stocks available at relatively attractive price levels compared to their Californian counterparts and we welcome your inquiries.

Cranberries

Shortages of fruit and high prices persisted in recent weeks amid strong global demand and smaller crops from both Canada and the US. The spot market for sweetened dried cranberries (SDCs) has disappeared since suppliers have no free production slots for the next few months. Therefore, buyers are strongly advised to plan longer in advance to fill their SDC needs. We are currently offering forward contracts on SDCs and welcome your inquiries. 

Walnuts

The California Walnut Board shipment data for May showed lower shipments of In-Shell and Shelled material compared to the prior year. From the beginning of September to the end of May, shipments of California in-shell and shelled walnuts are down 25% and 6%, respectively, compared to the prior year period. Based on the severe heat during the summer months last year, walnut processors opted to shell much more material than normal so the substantial decrease in in-shell shipments is understable with this in mind. Focus now turns to the development of the new crop and total production estimates which should begin to come into view in the coming months. While California packers are comfortably sold, there are some in-shell and shelled loads available and we welcome your inquiries.

Almonds

The Objective Estimate for the new Almond crop is scheduled to be released on July 5th, which should provide further clarity on size expectations for the new crop. In recent months, there have been some concerns about frost damage to trees but with much time to pass still before the harvest, market activity has been understandably quiet. Prices remain high and supplies tight in many varieties and sizes. We anticipate the pace of new crop contract discussions to gain some traction after the Objective Estimate releases this week.

Sugar

The volume of sugarcane crushed in the last two weeks of May in Brazil’s Central / Southern regions is estimated at 32.9 million metric conts (MMT) which is down 23% from the previous two week period. The trucker strike and resulting paralysis to the transportation of sugar is primarily to blame for the drop-off. Depending on how the coming weeks progress, the industry may stage a recovery but any further labor troubles will surely be costly.
Due to the relative profitability of ethanol vs. sugar in the current environment, the proportion of cane directed to sugar production is reaching record low levels, dragging further on total sugar output available for export. For example, in Brazil’s Central / Southern regions, the share of cane destined for sugar production was approx. 34% in May, down considerably from 47% a year ago. This is the lowest share of cane directed to sugar production in over 20 years. 

To be sure, a higher share of cane would be directed to sugar production if prices were higher. However, due to large production increases from key regions, this situation of global oversupply is unlikely to subside soon. Sugar production in India has surged 60% year-on-year for the 2017 / 2018 season.

We supply Brazil origin ICUMSA 45 Sugar by the vessel on a spot (MOQ: 100,000 MT) or forward contract basis including long-term contracts of 300,000 MT / month x 12 months. Payment by SBLC, BG, or DLC from global top 50 bank. 

Beet Sugar

n the European Union, high temperatures and dryness weighed on yields for many crops in recent weeks but have not yet dragged on sugar beet yields. The May yield reading for European sugar beets was up approx. 2% from the 5-year average compared to European rye which is down approx. 2.5%. Sugar beet crops in the EU for the 2018 / 2019 season and beyond may experience downward yield pressure as the EU moves to ban pesticides. The pesticide protects beets from ground and air pests so sugar beet farmers will need to find alternatives. The insecticide ban is expected to decrease production by approx. 1.25 MMT in the EU for the 2018 / 2019 crop.

We supply German Beet Sugar (MOQ: 1 FCL) as well as Thai Sugar (MOQ: 10 FCLs)

Brazil Soybeans

Lingering transportation problems from the trucker strike continued to interfere with Brazil’s soybean market in recent weeks. Due to the much higher freight rates resulting from the strike resolution agreement, many buyers have been on the sidelines. These issues are disrupting the movement of soybeans to the port for export. 

The recent protest-related bottlenecks have created unexpected headwinds to Brazil’s soybean industry which is otherwise well-positioned to take market share from other key growing regions, especially the US. Elevated trade tensions between the Trump and Xi Jinping, have raised the potential for a 25% tariff on US soybeans destined for China. Unless trade tensions ease soon, the US will likely become a less important supplier of soybeans to China. In 2017, the US represented approx. 33 MMT, or just over one third, of China’s total soybean imports of 95 MMT in 2017. South America, which produces nearly 50% of global soybean output, will likely see more interest from Chinese buyers. In particular, Brazil will be well-positioned to pick-up incremental tonnage since Argentina has been hindered by adverse weather conditions. Of course, Brazil’s ability to benefit from these conditions depends critically on the efficacy of the country’s transportation networks and favorable labor relations so global buyers will be monitoring these issues closely in the weeks ahead.

We supply GMO and Non-GMO certified Soybeans from Brazil. MOQ: 100,000+ MT. Payment by SBLC, BG, or DLC from global top 50 bank.

Brazil Corn

Estimates for Brazil’s safrinha corn production fell considerably in recent weeks. Current estimates for the 2017 / 2018 safrinha corn production are ~55 MMT, down 19% from 68 MMT in the prior year. Planted corn acreage declined year-over-year due to low corn prices and delayed planting. Adverse weather conditions also dragged on production figures. Some Northern regions went over 40 days without rain, indicating the severity of the dryness problem. Severe storms and powerful winds also blew down corn stalks, adding further damage from adverse weather. Brazil’s total corn production is estimated at approx. 82 MMT, which is down approx. 17% from the prior year figure of 99 MMT.  

We supply GMO and Non-GMO certified Corn from Brazil. MOQ: 50,000 MT. Payment by SBLC, BG, or DLC from global top 50 bank.

Work With Us As a Supplier

We are always looking to grow our supplier base with companies capable of delivering continuous high quality product at large volumes. If you are interested, please reach out and introduce yourself.

Introducing voyage-x.com

voyage-x.com, a digital marketplace for containerized bulk food & beverage products, is now live.

voyage-x-1.png

voyage-x.com is a one-stop shop for global food procurement with thousands of products spanning from bulk ingredients to consumer packaged food and beverage products.

voyage-x-2.png

We welcome your inquiries and look forward to working together to deliver you the highest quality ingredients from the world's best suppliers. We are available to our suppliers and buyers 24/7 over email, phone, or WhatsApp.


Walnuts & ICUMSA 45 Sugar

June 10

Anderson Exports is a Bulk Food Sourcing Agency in California specializing in supplying quality ingredients from California, Brazil, and the rest of the world. Our newsletter delivers actionable market intelligence to inform our clients' purchasing decisions.  

Walnuts

The California walnut acreage report released last month showed that in 2017, bearing acreage rose to 335,000 acres. In terms of year-over-year change, this is the largest increase for bearing acreage on a growth percentage and acres-added basis over the last 10 years. 

walnuts.png

Prices are softening for California material and many suppliers are reaching comfortably sold territory in several varieties and sizes. In this environment, we have seen buyers with the ability to close quickly snap up spot loads at attractive prices with suppliers looking to liquidate their last loads in particular kernel sizes. We are well-positioned in kernel and also have some in-shell Chandler available and welcome your inquiries. Though the new crop is still a ways away, we are beginning to offer new crop contracts for California walnuts.

The Chilean walnut crop this year is widely considered to be good quality. Since Chilean material opened when California prices were sky high due to heat-related damage, there has been a major price correction in the market recently. For Chilean In-shell 30MM+, we’ve seen prices come down from USD $1.91 / lb ($4.20 / kg) to $1.63 / lb. ($3.60 / kg), a decrease of 86%. Now that prices have dropped, we’re seeing buyers coming in to close big volumes for in-shell, hand-cracked, and machine-cracked Chilean material. 

Dessicated Coconut

Indonesian dessicated coconut prices declined between the 4th quarter of 2017 and the start of Ramadan. Prices were high in September/October 2017 and nearly matched prices from the Philippines, motivating Indonesian factories to sell off as much stock as possible before the start of the fasting month. Although suppliers were abundant, weak demand from the Middle East, Eastern Europe, and South America pushed prices lower. With prices at such depressed levels, many Indonesian factories are opting to cut production shifts rather than operate at full capacity which also coincides with the month of Ramadan, during which workers tend to work fewer hours anyway. We expect coconut harvesting to slow during the monsoon season in July/August, which may temporarily tighten supply availability in Indonesia.

In the Philippines, coconut factories are almost sold out for 3rd quarter 2018 shipments, besides a few odd containers available. Weak demand from Western Europe and the USA combined with the good harvest in the Philippines last year have weakened prices since the beginning of 2018. We expect the upcoming typhoon season to disrupt the harvest, though the extent of damage and effect on prices remain to be seen. Also in focus for the post-Ramadan period will be the strength of Chinese demand for raw coconuts and by-products like dessicated coconuts and coconut milk. Prices may firm rapidly if adverse weather and strong chinese demand coincide in the coming months.   

South African Pecans

South African pecan farmers benefited from favorable weather for the 2018 crop. Early nut set figures demonstrated the good health of the crop. Encouraged by high global prices, South African farmers are planting new pecan orchards at a rapid pace. The upcoming crop is expected to be another record pecan crop for the country. The South African pecan crop consists primarily of Wichita, Choctaw and Barton varieties. South Africa’s Oversized Wichita Pecans are particularly favored by Asian buyers. 

In the years ahead, we expect the South African pecan crop to be increasingly sought after by global buyers. To be sure, at present, the South African crop (~16,500 MT) is a mere fraction of other key growing regions -- namely, the United States (~125,830 MT) and Mexico (102,060 MT) -- for the 2017 / 2018 crop. Droughts also affected the crops in 2015 and 2016. With time, however, the rapid orchard plantings over recent years will start to produce. The industry will likely also invest in new processing equipment to meet strict shelled spec needs, capturing value-add currently forgone by selling primarily in-shell. 

With on-the-ground experience in South Africa’s key pecan growing regions, we are well positioned to fulfill your needs, particularly on Fancy Junior Mammoth Halves & Fancy Mammoth Halves.

Raisins

With the new crop drawing in California closer, we are beginning to offer forward contracts. Due to the rain damage during the harvest and current price levels, we would advise waiting for new crop or sourcing from Turkey or Chile. Chilean prices have softened somewhat in recent weeks and we are well-positioned to fill your needs though material will not last long. Turkish raisins are also good quality and we welcome your inquiries.

Cranberries

Prices for sweetened dried cranberries (SDCs) remained firm in recent weeks as shortages continue. With shorter crops in both the U.S. and Canada this year and handler withholdings removing further material, supplies are tight and lead-times are long. The next USDA crop withholding decision is expected in June which may compound the situation. We are currently offering contracts for shipment in August - December 2018. There is no material available for prompt shipment. Buyers with forward needs are strongly advised to plan early in advance to secure material as the spot market for prompt deliveries of SDCs is non-existent due to severe shortages of fruit. 

Truck Driver Strike Disrupts Brazil Agriculture Sector

An extended period of dry conditions in Center and Southern Brazil is dragging down estimates for sugar production in the region. Soil moisture is extremely low in some areas which creates adverse growing conditions and lower sugar cane yields. 

brazil.png

In protest of rapidly rising fuel prices, Brazilian truck drivers brought the transportation network of the nation to a grinding stop. Beginning on May 9th, workers took to the streets, barricading key highways and obstructing port entries. Within days, nearly every single gas station in Rio ran out of fuel and severe shortages of food and other products spread across the country. Livestock producers ran out of feed for animals and had no choice but to cull millions of animals. Dairy farmers dumped milk and supermarkets sold out of perishable foods.

brazil-2.png

In the Agriculture industry, soybean shipments to ports stopped and soybean crushing came to a halt due to the transportation gridlock. At the Port of Santos, loading plummeted to 30% of normal and at the Port of Paranaguá, over 500,000 MT of products were not moved due to the strike. In the sugar industry, the strike compromised the prompt availability of ICUMSA 45 for export.

brazil-3.png

We supply Brazil origin ICUMSA 45 Sugar by the vessel on a spot (MOQ: 100,000 MT) or forward contract basis including long-term contracts of 300,000 MT / month x 12 months. Payment by SBLC, BG, or DLC from global top 50 bank. 
 
We also supply German Beet Sugar (MOQ: 1 FCL) and Thai Sugar (MOQ: 10 FCLs)

Brazil Soybeans & Corn

Exporters of Brazil soybeans and Corn are hoping to resume to normal operations after the disruptive truck driver strikes. After weeks of dry weather in southern Brazil, thunderstorms hit the region and caused damage to the safrinha corn crop. In addition to the prolonged dryness and storm damage, a short period of cold temperatures recorded as the coldest of the fall season so far also impaired the development of the crop. Such adverse weather events are dragging estimates for the Brazil corn crop lower. 
 
We supply GMO and Non-GMO certified Soybean and Corn from Brazil. MOQ: 100,000+ MT. Payment by SBLC, BG, or DLC from global top 50 bank.

Rice

We also offer a wide range of rice products including: Gaba Jasmine, Thai Fragrant, Thai Hommali, Thai Black, Thai White, Thai Red, and Thai Parboiled Rices. Payment by SBLC or BG.

Work With Us As a Supplier

We are always looking to grow our supplier base with companies capable of delivering continuous high quality product at large volumes. If you are interested, please reach out and introduce yourself.

World Tour Insights

May 27

Anderson Exports is a Bulk Ingredients Sourcing Agency in Northern California. We specialize in sourcing the best ingredients from California, Brazil and the rest of the world. 

World Tour: Thoughts and Observations

Anderson Exports is back in the United States after a 36 day trip from Los Angeles, California through Asia and Europe, visiting current customers, prospecting new business, and ending with a week alongside the INC in Seville, Spain. 

Asia's Rising Tide

There are many notable trends to discuss after visiting with our contacts from around the globe. Most obvious is the rising wave of Asian economic relevance. Not only is China growing in importance by the day for California exporters, it is also planting many new hectares of land for vine fruit, tree nuts, and other tree fruits.

An indication of China’s growing agricultural sophistication and changing consumer tastes came from a good friend of ours in Shanghai, who recently purchased land to start a vineyard in Yunnan province. Napa or French quality Chinese wine is the goal, as evidenced by the fact LVMH, the parent group of Louis Vuitton and many other luxury brands, purchased the land adjacent to our good friend’s new vineyard to start a winery of their own. This is clear evidence that the tastes and financial power of China’s middle class are real and growing. China, with 4 times as many people as the United States, needs only to become ¼ as rich as the US per capita to take the lead as the World’s largest economy. If LVMH is investing in local, vertically integrated luxury supply in rural China, you can be sure there is ample demand. We have some photos of new vines in Yunnan below:

Yunnan Grapes, Wine, Raisins

As became increasingly clear to us throughout Asia, China is not the only economic power to take note of. One surprising statistic we learned in Manila is that the Philippines has one of the fastest growing number of Ultra-High Net Worth individuals, a number which is expected to double by 2022. With 110 million people, 10% live and work abroad, which adds up to several billion foreign dollars pouring back into the Philippines each month. Further, many US and European based customer service related call centers are being relocated to Manila, creating lots of new opportunity in real estate and good jobs for those with English as a Second Language (ESL) education.

There is no doubt that the rising middle class of China will be one of the most important economic drivers of our future business as an exporter, but we are also convinced of the economic importance of the APEC (Asian Pacific Economic Cooperation) countries as a whole.

As we are in the business of food, it is important to think in terms of people, and more people live in this relatively small area of the world than outside it. You can see the scale of this statement clearly in the image below:

Circle.jpg

More people live inside this yellow circle than outside of it. This is Anderson Exports’ primary area of focus for developing new business over the next 3 - 5 years.

Europe and INC

Our final insight we will provide from this trip is the growing competition in the UK and EU caused by discount supermarkets. Paradoxically, despite all the EU’s stringent requirements on imports for nuts and dried fruits, it seems the lowest price possible is the only purchasing requirement in these regions today.

Further, upon visiting Seville during the International Nut Congress (INC), we learned that the largest represented group at the INC this year was from Turkey. A notable change as compared to past INCs, as Turkish Sultanas and other dried fruits & nuts have become the primary source for the UK and EU as their supermarkets and importers remain in downward price competition. Further, with the realities brought by the Brexit vote, it seems citizens of the UK are tightening their belts and saving more than last year. A trend that will continue to support the importing of low-cost origins for dried fruits & nuts.

As a young company ourselves, visiting the INC we did not see much room to expand into the European markets within the next 3 - 5 years, as many cartels...ahem, buyers and suppliers, have long established relationships.

We do see massive potential to expand into these markets after this 3 - 5 year timeline though, as many of the elder Patriarchs of the industry will be retiring and handing off their businesses to their successors, who will be in need of forging their own lasting supply relationships.

The Plaza de Espana and the INC's Final Dinner

Screen Shot 2018-06-05 at 2.55.59 PM.png

Raisins

California raisins are too expensive and not high enough quality to warrant much interest from many buyers until the the new crop is available. We expect a much lower carry-out this year due to the weather damage and resulting crop shortage. Lower carry-in to the next year will make the development of the new crop especially important for the total supply picture. We expect bunch count readings in the coming month to provide some early indications.

Turkish raisins picked up market share this year due to high prices and unreliable quality out of California. Turkish origin raisins are also attractive to global buyers due to supply continuity: Turkey’s crop is large enough to ship throughout the year while Chile’s crop is not. Processing improvements, close proximity to key export markets, and lower relative prices to other origins are robust advantages for Turkey’s raisin industry.

Chilean raisin prices opened high post-harvest amid elevated prices out of California but have softened recently. Quality on body/flesh, color, taste, and sugar content is viewed as good in general this year. Chilean grapes are produced for the fresh fruit export market then producers sell remaining fruit to the wine, fresh fruit, and raisin industries. Due to these dynamics, there is a higher share of jumbo raisins (~70%) compared to medium raisins (~30%). Chilean Thompsons are selling out more quickly than Flames, particularly in the medium sizes. 

We are well-positioned to offer Turkish raisins on a spot and forward basis as well as California and Chile material and welcome your inquiries.

Cranberries

Early procurement planning is in focus as lead times lengthen and prices rise for sweetened dried cranberries (SDCs). Supply has been constrained due to shorter crops and regulatory actions while global demand appetite has been strong. At the beginning of 2018, the U.S. and Canadian crops registered year-over-year declines of 18% and 25%, respectively. The USDA approved a 15% handler withholding and may approve further supply reductions for the coming years, compounding the already tight supply for cranberries. In Taiwan and South Korea, we observed makers of breads and mixes switching out raisins in favor of cranberries due to the higher relative price of raisins. Global demand has been strong and we believe there is some substitution-driven demand due to high prices of California raisins which may subside as raisin prices ease when the new crop comes online.

Since there is no spot material available for prompt shipment, we advise our buyers to plan in advance for their forward needs since supply-side constraints are unlikely to subside soon. We are now offering contracts for shipment in August - December 2018 and expect 2018 material to be fully booked in the coming months. This pace of bookings will require buyers to act much earlier than in the past to secure forward material, particularly for 2019 shipments. Moreover, buyers with sticker shock should recall prices have been even higher than current levels in past years and that USDA crop withholding decisions expected in June may drive prices even higher for 2018 and 2019 material. 

Walnuts

The new crop in California is developing well so far. The Subjective Estimate Report should provide an early indication of the crop size. Some California packers are selling completely out of some shelled sizes. Some growers that decided to hold on to in-shell loads in the hopes of higher prices which failed to materialize are now off-loading some material into the market. We are well positioned on in-shell Chandler needs.

Brazil Sugar

International sugar prices have firmed since mid-May due to nationwide protests in Brazil against high diesel prices and other factors. Output growth in key growing regions including India, Thailand, and the EU continue to drive the global surplus in sugar. For the 2017/2018 season, India crossed 32mmt and Thailand achieved 14.6mmt, reflecting major increases over the year prior.

We offer Brazil origin ICUMSA 45 Sugar by the vessel on a spot (MOQ: 100,000mt) or forward contract basis including long-term contracts of 300,000mt / month x 12 months. Payment by SBLC, BG, or DLC from global top 50 bank.

German Beet Sugar & Thai Sugar

The European Union’s importance in the global sugar trade is increasing after production quotas and price guarantees expired in October 2017. With close proximity to key export markets, the EU is expected to become a net exporter for the first time in more than a decade. Germany’s beet sugar crop, which commands a premium over other growing regions, is also benefiting from increased planted acreage and favorable weather. 

We offer German Beet Sugar & Thai Sugar by the container (MOQ: 10 FCLs) and welcome your inquiries.  

Brazil Soybeans

Exporters of Brazil soybeans are actively monitoring the potential impact of a strike by independent Brazilian truck drivers. Despite beginning a few days ago, supply chain disruptions are already being felt in the meat sector where blockages and delays are causing unforseen costs. With approximately 30% of the 2017/2018 soybean crop awaiting shipment from Mato Grasso, exporters are keen to move this product ahead of the safrinha corn harvest which begins next month.

We supply GMO and Non-GMO certified soybean from Brazil. MOQ: 100,000+ tons. Payment by SBLC, BG, or DLC from global top 50 bank.

Brazil Corn

After weeks of dry weather in southern Brazil, thunderstorms hit the region and caused damage to the safrinha corn crop. In addition to the prolonged dryness and storm damage, a short period of cold temperatures recorded as the coldest of the fall season so far also impaired the development of the crop. Such adverse weather events are dragging estimates for the Brazil corn crop lower.

We supply GMO and Non-GMO certified corn from Brazil. MOQ: 100,000+ tons. Payment by SBLC, BG, or DLC from global top 50 bank.


Raisins & INC 2018

May 6

Anderson Exports is a Bulk Ingredients Sourcing Agency in Northern California. We specialize in sourcing the best ingredients from California, Brazil and the rest of the world. 

Raisins

Many California raisin suppliers are completely sold out of tray dried thompson selects with only spot contracts available and only the largest packers in the industry still able to offer forward contracts on tray dried thompson selects from the current crop. Some smaller packers have DOV available as an alternative to the quality issues experienced by many customers this year for sand and grit seen in the tray-dried thompson crop. As DOV product is Dried-on-the-Vine, it has less of these sand and grit concerns due to the later harvest and the fact that this product was high up off the ground during the two rains this past harvest. This year, we recommend this DOV product as compared to the traditional thompson drying process for most packers. Only the largest packers have the capability, time, and saleable volume to recondition their tray-dried thompson product, which does in fact still produce a beautiful thompson.  

Due to the reconditioning process for the bigger packers, the lower total production volume this year, and quality concerns on non-reconditioned product, California raisin prices remain high. Many of our suppliers are now beginning to offer forward contracts for new crop shipments. 

Chilean raisin crop quality is considered to be good this year, although Chile is almost entirely sold out of their Thompson Mediums, the Select equivalent, with prices are rising as a result of the shortages seen in California.

Cranberries

The market for sweetened dried cranberries (SDC) remains tight as most suppliers are off the market and fully booked for the coming months. Adding to upward price pressure is the 25% supply reduction for the 2018 crop which has been submitted to the register for the 30 day comment period. We expect to know the decision sometime in June. 

As we are currently traveling throughout  Asia, we are seeing a curious substitution, (due mainly to the very high prices for California raisins this year) of raisins for sweetened dried cranberries in mixes and breads in both South Korea and Taiwan.

img5.jpg

We are able to offer on a limited basis USA SDC product for the June through August period. The supply outlook for USA cranberries is expected to be constrained in the near and medium-term with a lot hanging on the ultimate decision for further volume regulation. 

Take A Break With Us in Seville

For those of you who will be attending the INC in Seville, we invite you to join us for some refreshment and stimulating discussion of the current and future market situations for raisins, cranberries, walnuts, cashews, and more. We invite you to our unique and gorgeous private rooftop.

img6.png
img7.png

Brazil Sugar

Raw sugar prices continued to decline in recent weeks as global oversupply continues. Strong output from Brazil, India, and the EU are key drivers of supply growth this year. Demand from China has been particularly robust. In March 2018, China imported 380,000 tons which is the largest monthly import volume since January 2017. The Indian government approved a sugarcane subsidy this week of $0.82 / mt to be paid to farmers by mills, providing relief as weak domestic sugar prices persist amid the global supply glut.

We offer Brazil origin ICUMSA 45 Sugar by the vessel on a spot (MOQ: 100,000mt) or forward contract basis including long-term contracts of 300,000mt / month x 12 months. Payment by SBLC, BG, or DLC from global top 50 bank. Product is SGS-inspected end-to-end at buyer’s request.

Brazil Soybeans

The 2018/2019 soybean crop in Brazil is on track to hit 115 million metric tons (mmt), making it the second largest crop on record. Firmer soybean prices are also driving record planted acreage expectations of 35.8 million hectares for the 2018/2019 crop. Global appetite for Brazil soybeans is robust and poised to grow further. Brazil soybean exports for the 2018/2019 crop are expected to exceed 67 mmt. As Chinese buyers continue to ramp imports and the U.S. decreases it’s relative competitiveness versus Brazil due to trade protectionism from the White House, we are confident in Brazil’s future as the global leader in Soybean exports.

We supply GMO and Non-GMO certified soybean from Brazil. MOQ: 100,000+ tons. Payment by SBLC, BG, or DLC from global top 50 bank.

Brazil Corn

Dry weather conditions in Southern Brazil are beginning to raise the specter of damage to the safrinha corn crop. Even with good soil moisture in recent weeks, higher temperatures in the coming weeks may present adverse weather impacts to the corn crop in Brazil. Besides this weather risk, Brazil’s safrinha corn crop is developing well.

We supply GMO and Non-GMO certified corn from Brazil. MOQ: 100,000+ tons. Payment by SBLC, BG, or DLC from global top 50 bank.

Anderson Exports Word Tour 2018

April 16

Anderson Exports is a Bulk Ingredients Sourcing Agency in Northern California. We specialize in sourcing the best ingredients from California, Brazil and the rest of the world. 

World Tour 2018

The Anderson Exports team is leaving on Friday, April 20th to Beijing on a 12 city trip across several Asian & European countries. We will be visiting clients, attending several industry events, and looking to expand both our product range and our reach into what we see as the world’s most important markets in the coming decades. 

We are providing our schedule below. Please let us know if you would like to meet & discuss any potential opportunities for collaboration.

INC_logo.png
Seoul_F&H.png
Schedule.png

California Raisins

Other than a handful of expensive spot loads, California packers are sold out of raisins. Without saleable material, some packers are unable to fill current contracts and are advising customers to wait until new crop shipments. In order to keep raisins on their customer’s shelves, some California packers are even pulling product from Chile. Across the central valley, this year is widely considered to be unlike any other in memory. 

To help illustrate the key issues facing the industry this year and in future years, we put together this series of graphics:

Img1.png
img2.png
img3.png
img4.png

Brazil Sugar

Sugar prices continued to trend lower due to the outlook of global surplus. Key producing regions are expanding production. Brazil is on-track to achieve a record sugar crop of 40.2 million metric tons (mmt) due to favorable weather, stable planted acreage and lower use of cane for ethanol. In India, the second largest global producer of sugar, subsidized prices and continues to incentivize production growth. Strong yields, higher cane recovery rates, and increased planted acreage lifted estimates for India’s sugar output to 31mmt, considerably above the initial government expectations of a crop of only 26mmt. Thailand, which benefits immensely from it’s high proximity to growing net-importers nearby, has also doubled production over the past decade. 

We expect prices to remain weak in this surplus environment and Brazil to be particularly well-positioned to pick up share in export markets.
We offer Brazil origin ICUMSA 45 Sugar by the vessel on a spot (MOQ: 100,000mt) or forward contract basis including long-term contracts of 300,000mt / month x 12 months. Payment by SBLC, BG, or DLC from global top 50 bank. Product is SGS-inspected end-to-end at buyer’s request. 

Brazil Soybeans

Soybean prices have remained firm due to strong global demand, drought in Argentina, and increasing freight prices. Production expectations from Brazil continued to strengthen in recent weeks as Conab increased their 2017/2018 Brazilian soybean estimate by 1.9mmt to 114.9mmt. Planted soybean acreage is estimated at 86.6mm acres, reflecting an increase of 3.5% over the prior year. Soybean yields are expected to drop a modest 2.6% compared to last year. In addition to benefiting from favorable environmental conditions, Brazil soybean exporters will also be relatively advantaged by tariffs on U.S. corn imports to China. 
We supply GMO and Non-GMO certified soybean from Brazil. MOQ: 100,000+ tons. Payment by SBLC, BG, or DLC from global top 50 bank.

Brazil Corn

The safrinha corn crop in Brazil is developing well due to favorable soil moisture, particularly in central Brazil. Conab is now estimating the 2017/2018 Brazilian corn crop at 88.6mmt, up 1.4mmt from the March estimate. However, year-over-year declines in the full-season corn acreage and lower expected yields offset favorable growing conditions. As a result, the estimated full-season corn crop is 25.6mmt, representing a decline of 16% compared to the prior year.  

We supply GMO and Non-GMO certified corn from Brazil. MOQ: 100,000+ tons. Payment by SBLC, BG, or DLC from global top 50 bank.

Crab Cakes

Our crab cakes are premium Maryland-style made with real Maryland crabmeat. The classic crab cake is precooked and has a 21-day shelf life when thawed. Our classic crab cakes are ideal for price-conscious customers seeking quality quick-to-prepare meals. The classic cake can be ordered in 4 packages: 80 ct bulk, which is great for full service seafood operations, and 2, 6, and 12 packs, which are available for frozen food sections.
Lobster, Salmon, and Crawfish Cakes

We also offer lobster, salmon, and crawfish cakes. Maine Lobster is the #1 ingredient in the lobster cake, while Alaskan salmon is the #1 ingredient in the salmon cake. The cakes are precooked so your customer needs only to heat and eat.

Hand-Scooped Crab Cakes

We are pleased to offer 100% real Maryland Crabmeat, Maine Lobster, Shrimp, and Wild Salmon. All processing occurs in the USA with strong food safety oversight.

Crab Stuffing

Our premium stuffing creates unique, high-quality items such as stuffed salmon or flounder, and crab-stuffed appetizers like crab-stuffed Portobello caps. The stuffing also can be used to create your own homemade crab cakes.

Canned Tuna

We are well-positioned to offer canned skipjack tuna in 170 gram cans in 53’ FCL (30 pallets) or 20’ FCL (11 pallets) on a CIF basis.

Shrimp

We also offer frozen shrimp of the highest quality and welcome your inquiries.


Cranberries & Raisin Update

April 3, 2018

Anderson Exports is a Dried Fruit & Nut Agency in Northern California. We specialize in sourcing the best ingredients from California and the rest of the world.

Sweetened Dried Cranberry Update

With a small crop here in the US, rising demand, and a pending industry volume regulation, we are seeing higher prices and escalating shortages for sliced sweetened dried cranberries (SDCs). As suppliers work to align production and sales, lead-times are increasing substantially. One processor turned away 85 full loads last week. Today, the industry is fully committed through June and nearly every single supplier is off the market. We have seen offers as high as $2.25 / lb., though it is unclear if any business is sticking at this price.

These conditions are expected to intensify in the future, causing prices to rise over the near-term. We also see further upside in prices over the long-term due to the proposed volume regulation for SDCs. We expect the 5% reduction on this year’s crop to pass. We also expect the volume regulation next year to pass, although we believe the percentage reduction to be lowered from 25% to the 15-20% range.

Due to these factors, the availability of material problem will worsen over the coming months. We have never seen such few offers in the market. Buyers with sticker shock should recall that just a few years ago, the price of SDCs was over $2.00 / lb. We see plenty of runway for SDC prices to go higher and/or remain strong. We strongly recommend forward booking sooner rather than later as we see prices only going higher from here and availability becoming even more problematic.

California Raisin Update

Many California packers are completely sold out of Traditional Thompson Selects. The shortages are due to the environmental damage from the 2 rains experienced during this past Fall’s harvest. The severity of the damage is so bad that for California processors are seeing some 30% of all Field Run Product is being rejected at the door, i.e. the USDA is outright rejecting 30+% of the product coming into our processors from the field due to quality concerns.

This means that many suppliers and processors actually have very little to almost no saleable quality traditional thompsons due to such a large portion of the crop being damaged by these rains. From this damaged crop, processors will try to recondition as much as they can, but this process can take up to 2-3 times as long as traditional processing and almost always produces a lower quality raisin product.

We have sold loads from this years crop from all of our suppliers. All have had mixed results due to this fall's rains. We have had customers reporting rot concerns from high moisture levels in the reconditioned product on medium and jumbo Flames, but not on traditional selects. That said though, we have had customers report that traditional selects, if they do not have rot issues from reconditioning or were not reconditioned, have far more sand and grit than on average.

We have been recommending all season our customers go with DOV this year as we believe those raisins dried on the vine will have escaped the sand, grit, and possible rot issues we are seeing across the industry in California on traditional thompson raisins caused by the two rains that fell during the traditional thompson ground drying process.

We have seen many large buyers switch much of their traditional thompson orders to DOV this year.

It can be hard for our overseas customers to appreciate the damage that has been done to this crop this year in California, but regardless of how our buyer's feel, raisins still come from nature and nature determines what we can produce and export and what we can't. So, moving forward, we have a few solutions and thoughts.

California Raisins Thoughts

We have been switching raisins from traditional thompsons, to DOV, which as discussed above, many of our largest customers have already done without issue.

We know there are some traditional thompsons still available on the market. We also know that several large customers how have been looking to book large forward contracts have had trouble receiving offers for contracts this size. The most we have been offered for Thompson Selects is hand to mouth, at best. Those who are offering, we are afraid will run into the same issues we have faced so far this year in regards to Rot, Sand, and Grit.

Of course, we do not want to have these discussions with our customers at any point, but as we have laid out above, this year is an exceptionally difficult one due to the weather issues and resulting damage. We look forward to working together to find the best possible solution for you and your customers moving forward. We will do whatever we can to ensure we deliver QUALITY product only.

Walnut Update

California Kernel pricing has generally softened over the last few weeks. With most inshell orders for the year shipped, Kernel production is in high gear. We are seeing good quality nuts from the Linden area and the northern growing regions in California. Due to the large number of 100+ degree F weather this past summer (39 days of 100+ temps) we are seeing much more kernel being cracked on average than previous years as suppliers look to the cracking process (laser sorting etc) to ensure delivery of quality shelled product. We are well-positioned to offer on kernel and welcome your inquiries.

Upcoming Visits to Asia

Also, something to think about in the coming months. Erik and I are planning to make a trip to Asia to visit our clients and to expand our reach in the region. We will be discussing this year and next year moving forward with our buyers as we look to maintain and grow our relationships through one of the most difficult years for California Raisins in recent memory.

Our trip will travel through Beijing, Shanghai, Taipei, Seoul, Bangkok, Manila, Singapore, and London. We are shooting for end of April or May. Please let us know if you have any interest in meeting.

Brazil Sugar

Global sugar prices softened in recent weeks on abundant supply. Brazil’s bumper crop is adding to the global surplus in sugar. Brazil is poised to achieve a record sugar crop of 40.2mm tons due to favorable weather, stable planted acreage and lower use of cane for ethanol. Exports are expected to exceed 29.6mm tons, up 1.1mm tons from last year.

We offer ICUMSA 45 Sugar by the vessel on a spot (MOQ: 100,000mt) or forward contract basis including long-term contracts of 300,000mt / month x 12 months. Payment by SBLC, BG, or DLC from global top 50 bank. Product is SGS-inspected end-to-end at buyer’s request.

Brazil Soybeans

The Brazil soybean crop continues to progress well. Currently, approximately 65% of the soy crop is harvested. Yields are reported to be strong and weather has been favorable. We supply GMO and Non-GMO certified Soybean meal from Brazil. MOQ: 100,000+ tons. Payment by SBLC, BG, or DLC from global top 50 bank.

Rice

We also offer a wide range of rice products including: Gaba Jasmine, Thai Fragrant, Thai Hommali, Thai Black, Thai White, Thai Red, and Thai Parboiled Rices. Payment by SBLC or BG.

Crab Cakes

Our crab cakes are premium Maryland-style made with real Maryland crabmeat. The classic crab cake is precooked and has a 21-day shelf life when thawed. Our classic crab cakes are ideal for price-conscious customers seeking quality quickto- prepare meals. The classic cake can be ordered in 4 packages: 80 ct bulk, which is great for full service seafood operations, and 2, 6, and 12 packs, which are available for frozen food sections.

Lobster, Salmon, and Crawfish Cakes

We also offer lobster, salmon, and crawfish cakes. Maine Lobster is the #1 ingredient in the lobster cake, while Alaskan salmon is the #1 ingredient in the salmon cake. The cakes are precooked so your customer needs only to heat and eat.

Hand-Scooped Crab Cakes

We are pleased to offer 100% real Maryland Crabmeat, Maine Lobster, Shrimp, and Wild Salmon. All processing occurs in the USA with strong food safety oversight.

Crab Stuffing

Our premium stuffing creates unique, high-quality items such as stuffed salmon or flounder, and crab-stuffed appetizers like crab-stuffed Portobello caps. The stuffing also can be used to create your own homemade crab cakes.

Canned Tuna

We are well-positioned to offer canned skipjack tuna in 170 gram cans in 53’ FCL (30 pallets) or 20’ FCL (11 pallets) on a CIF basis.

Shrimp

We also offer frozen shrimp of the highest quality and welcome your inquiries.


Member Login
Welcome, (First Name)!

Forgot? Show
Log In
Enter Member Area
My Profile Not a member? Sign up. Log Out