Early Outlook 2018

January 8, 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.

Raisins

Domestic raisin sellers are seeing one of the most complex years in a decade or more. There has been strong demand this year from Asia, even in the face of one of the lowest carry-ins in many years. We have seen prices continue to climb out of California with little signs of slowing. Many packers are hesitant to offer long term contracts due to the high prices growers are continually demanding. All packers are facing similar issues this year leading to delayed shipments and very high prices. With all of that said, the quality of the fruit this year has been good, with some overseas clients opting for a DOV (Dried-on-Vine) product over the traditional Sun- Dried/Tray-Dried Thompson due to early harvest rains in California’s central valley.

If you are buying from the USA this year, expect prices to remain high with our recommendation to book whatever forward material you can at this point as those prices locked in earlier will inevitably be lower than what we expect to be the top of the market this spring/early summer. California may run out of new crop material by this summer. Even with prices now at multi-year highs, the prospects of a downward correction remain dim.

We are well-positioned to offer on a wide variety of raisins from California. Leading into the Southern Hemisphere’s harvest next month, we will begin our offerings from Chile and South African Origins.

Walnuts

We have seen some good quality walnut product coming out of California for both inshell and shelled. Inshell had a slow start due to the heat damage in large parts of California. We have Howard and Chandler Inshell still available and shelled product (80%, 20% LHP, etc.) becoming increasingly available. We look forward to working together on walnuts, whether it is natural condition inshell or vacuum packed // nitrogen pillow packed shelled product.

We expect shelled product to take center stage here in California over the coming month and more. Due to the damages from this summer and fall, we do expect there to be a good supply of shelled product this year, keeping prices stable as shipments shift from inshell to shelled. What inshell is still available will likely be priced quite a bit higher as compared to last year at this time.

Cranberries

Many suppliers are optimistic for the new year in sweetened dried cranberries. We are seeing pricing rise slightly on the news of possible volume regulations and inthe face of a much smaller crop from Canada than expected. The US supply is slightly smaller than last year as well with strong demand across Asia and Europe. Organic cranberry shipments remained on par with this time last year, although there has been a much smaller supply this year compared to last, an almost 35% smaller crop.

Many packers have a 6 - 8 week lead time on new orders and want the opportunity to confirm they will have the available volume you are looking for due to these shortages. We recommend anyone looking to cover their first half of 2018 SDC needs books sooner rather than later to take advantage of the prices now as they will continue to climb throughout 2018 in the face of this smaller crop and future potential volume regulation.

Sunflower

The U.S. sunflower harvest occurred slightly more slowly than expected. There were weather issues in some northern areas, creating disease problems. However, overall, the harvest went smoothly. The total U.S. planted acreage this year effectively sustained the industry to reach another year. The Canadian crop was even smaller than the prior year. In the Eastern bloc, production continued to rise. Prices are expected to be steady through the new year for U.S. crop.

Brazil Sugar & Grains

We offer ICUMESA 45 Sugar by the vessel. MOQ: 5,000 tons. Product is SGSinspected end-to-end at buyer's request. We also offer bulk GMO and non-GMO corn meal and soybean meal. Payment terms required: Standby Letter of Credit (SBLC) or Bank Guarantee (BG).

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Happy New Year

December 17, 2017

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.

Raisins

Domestic buyers of U.S. raisins who are not yet covered are beginning to panic due to the decreasing level of fruit available. The current crop is the smallest in over a decade due to raisin vine pullouts in recent years, severe heat during the summer, and unexpected rains during the harvest. Shipments should fall drastically in the coming months as raisins shortages worsen. Based on feedback from packers, the industry has approx. 130,000 tons of material to sell. The industry reports shipping 25,000 tons per month. California may run out of new crop material by this summer. Even with prices now at multi-year highs, the prospects of a downward correction remain dim.

We are well-positioned to offer on a wide variety of raisins from California and South Africa and welcome your inquiries.

Walnuts

We have seen some good quality walnut product coming out of California for both in-shell and shelled. In-shell had a slow start due to the heat damage in large parts of California. Processors are wary of the extent of this damage and are trending toward producing more shelled product than usual in order to better control for the inconsistencies in-shell faces this fall. We have Howard and Chandler In-shell still available and shelled product (80%, 20% LHP, etc.) becoming increasingly available. We look forward to working together on walnuts, whether it is natural condition in-shell or vacuum packed // nitrogen pillow packed shelled product.

Cranberries

The year is ending well for cranberries in the USA as prices remain strong with good demand spread across a smaller crop than normal. We expect prices to be stable leading into the new year with demand dipping only slightly toward the end of the month due to Christmas holidays in the Western Hemisphere. January usually brings strong demand back from the Christmas dip as many pledge to eat better in the New Year. We typically see an even stronger demand into the end of January as we enter the Lunar New Year.

Happy New Year

We had a great year here in California at Anderson Exports, with our business introducing us to clients across the world. We look forward to working together in the New Year and wish you and yours the best over this holiday season.

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Canned Tuna & More

December 10, 2017

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.

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. Please allow for 2 week lead time and further 3-4 weeks for shipping.

Packing:
Buyer has choice between either Veggie Oil or Water:

• 170 gram cans (130 grams drained weight). 48 tins per carton and 1870 cartons per FCL.
• 195 gram cans, 48 tins per carton, 1800 cartons per FCL

Payment terms:
30% down, 70% to be paid against emailed copies of Docs confirmed by buyer

Other Seafoods

We also supply frozen Mackerel, Tilapia, Tuna, Squid, White and Red Reef Cod, Long Tail Tuna, Sail Fish, Mahi Mahi, Catfish, Shrimp and Prawns, Deep Sea Lobsters, Red & Grey Mullet, Sole, and Silver Pomfrets Fishes.

Please inquire for pricing. We look forward to meeting your needs in canned, frozen, and fresh seafoods. We also supply many specialty seafood items including sea cucumber and more.

We welcome your inquiries and look forward to working together to deliver you the highest quality ingredients from the world's best suppliers. Please feel free to reach out via email, phone, or Whatsapp.

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California Raisins & More

December 10, 2017

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.

Raisins

Competition for the smallest raisin crop in over a decade is pushing prices up for both processors and downstream customers. Many growers view the negotiated RBA field price as too low and are instead opting to hold their raisins until processors pay a higher price. Raisin deliveries to handlers have totaled 117,000 tons this year, down considerably from the prior period figure of 167,000 tons. With supply expected to be well below demand this year, packers are bidding on the remaining fruit, causing prices to rise further. In order to remain profitable, packers are increasing prices for their customers and some are no longer offering long-term purchase contracts.

Even with prices now at multi-year highs, the prospects of a downward correction remain dim. There will very likely be a severe shortage of material this year. Demand far outpaces the latest estimate for the current crop of approx. 200,000 tons. Therefore, we expect prices to rise as competition for remaining tonnage intensifies further.

We strongly encourage our buyers to engage with us as early as possible in order to secure tonnage at an attractive price. Due to the rains while the crop was drying, we also strongly advise our customers to purchase dried-on-the-vine (DOV) rather than traydried raisins. We are already seeing shortages, particularly in Jumbo Goldens and Medium Flames. We are well-positioned to offer on a wide variety of raisins and welcome your inquiries.

Cranberries

The cranberry markets have had a significant shakeup this year due to the long period of low pricing in combination with oversupply. It seems this mix has taken its toll on some smaller processors causing some consolidation in the market. Add to this a smaller than anticipated crop in both the US and Canada, approximately 15% of the US crop is estimated to be too small with stunted growth due to very cool temperatures in August and September.

This is likely to tip the balance of pricing toward a higher benchmark, although a reduction in total supply may also help with the past oversupply, so we expect prices to rise, but only steadily, over time. We recommend forward booking your needs, if possible, as the current legislation for an additional conscious reduction in further total supply may lead to continual price increases for the foreseeable future.

Sliced SDC is available on a limited spot basis with most sellers requiring a 4-5 week lead time for production. Wholes have even less spot availability with orders pushed out to available for prompt shipment if you have a need. We do not have visibility on wholes until after January 1, 2018.

Walnuts

We are nearing the end of the holiday order season for in-shell walnuts as new orders are not likely to arrive by Christmas. Shipments are expected to remain strong through the new year.

As the toll from this summer’s record heat continues to be seen in the received walnut crop, processors are holding offers close to the chest. The material from California will still be good quality although with some instances of darker color due to this heat. It will likely be a good year for halves & pieces since many processors do not want to risk quality claims on in-shell if they can laser sort their shelled product.

November’s shipment report confirms this as in-shell shipments are down while shelled shipments remained stable compared to the prior period. This tells us that processors are hesitant to offer in-shell for fear of inconsistent product, while the shelled shipments tell us the quality is still good when processors can control for the inconsistencies of in-shell product (i.e. laser-sorting, photo-sorting, etc.).

That said, we have seen some good quality in-shell shipped out of the northern regions of California. There is still Jumbo Chandler, J/L Chandler and Jumbo Howard, J/L Howard available for prompt shipment from the port of Oakland, California. We look forward to accommodating your needs on in-shell and shelled (LHP) California Walnut products.

Read the November Walnut Shipment Report

Sunflower

The U.S. sunflower harvest occurred slightly more slowly than expected. There were weather issues in some Northern areas, creating disease problems. However, overall, the harvest went smoothly. The total U.S. planted acreage this year effectively sustained the industry to reach another year. The Canadian crop was even smaller than the prior year. In the Eastern bloc, production continued to rise. Prices are expected to be steady through the new year for U.S. crop.

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Harvest Update

November 26, 2017

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.

Raisin Update

Current lead-times to production can be up to 4-5 weeks as processors continued to work through the new crop. Due to high seasonal traffic, there have been high levels of congestion and equipment delays at the port of Oakland. The harvest is proceeding relatively slowly compared to prior years due to the pace of new crop receipts. Additional conditioning has also been required to avoid sand and mold issues due to the unexpected rains while much of the new crop was drying on the ground. Given the rains this year and related quality concerns, we strongly urge our clients to purchase driedon- the-vine (DOV) material rather than tray-dried. As buyers continue to compete over the smallest raisin crop in over a decade, U.S. raisin prices are expected to remain high.

Cranberry Update

With the cranberry harvest nearly complete, the expectation of a significant down year for both the U.S. and Canada is now clear. The U.S. crop is anticipated to be down as much as 15-20% from last year while the Canadian crop is estimated to be 30-40% lower. Together, this will reduce the amount of fruit by approx. 2.5 million barrels from last year. If enacted, the USDA / Cranberry Marketing Committee limits on 2017/2018 production would also remove a further 750,000 – 850,000 barrels or approx. 10-15% of the U.S. crop.

Given the expectation of shortages this year, some suppliers are requesting buyers to share their volume needs on a quarterly basis and to confirm business at least 8 weeks in advance. Prices for SDCs rose in recent weeks and are expected to climb further in the near-term given the short crop. The pending volume regulation also adds additional upside pressure to pricing in the coming years. We encourage our clients to share volume needs for SDCs, and particularly for organic material, with us early so that we may secure tonnage at an attractive price level.

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California Harvest Update

November 7, 2017

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.

Raisins

U.S. raisin prices have remained high in recent weeks as U.S. raisin production levels slump to an 11-year low. The trend in recent years of farmers pulling out raisins vines to plant almond trees and two rain events during the harvest were key drivers of the especially small crop. Severe heat during the summer months and smaller bunch counts provided further headwinds for the current crop. Lead times to production can be up to a few weeks due to the harvest. These conditions and strong demand seen throughout the harvest indicates U.S. raisin prices may rise throughout the new year as supply decreases.

South African raisins are now in full bloom and weather has been cooperative, with no damaging rain or hail so far. The 2018 crop is expected to be strong with early shipments beginning in February.

Cranberries

Prices have come up slightly over the summer but it is also one of the busier times of year so this is somewhat natural. We expect the possibility of the USDA / Cranberry Marketing Committee limits on 2017/2018 production to put positive pressure on pricing though we expect little price impact over the next few months. The Canadian crop is expected to be approximately 20% smaller than last year which will help lift prices in the near-term. Additionally, the U.S. crop is looking to be only slightly smaller than last year which provides further upside to prices.

Walnuts

At this point in the California walnut harvest, it has become clear that the objective estimate of a 5% decline in crop size from last year is extremely conservative. Processors believe the crop could actually be down as much as 12% due to severe sunburn and other weather related issues. Suppliers are working to meet their customers in-shell and shelled needs with a much smaller than expected crop. Many processors are hesitant to offer until all of the nuts have come in off their trees before making offers in order to ensure quality and that key customer needs are met. As a result of these developments, prices continue to firm.

Cashews

The market for cashew kernels has been quiet recently, with prices continuing to go lower. U.S. demand has been softening as some roasters have already satisfied their needs through December. European demand has also been weak. Buyers are hesitant to take substantial positions in a declining price environment. There has been some speculation that prices will continue to decline until W320 reaches $4.50 / lb. Recent prices for top packers has been in the range of $4.80 - $4.85 / lb. FOB. With cashew prices continuing to fall, we suggest waiting for the market to stabilize before booking forward contracts.

Sugar

Brazil sugar exports are expected to hit a record high as production expectations are revised further upward in spite of lower exports to China. Trade flows for Brazilian sugar continued to shift following China’s decision in May to increase its tariff on out-of-quota sugar imports from 50% to 95% from Brazil, Thailand, and Australia. As a result, exports to China fell precipitously while exports to Bangladesh and the Middle East rose. We are well-positioned to offer competitive pricing on White, Refined Cane Sugar ICUMSA 45 from Brazil and welcome your inquiries.

Click here to read the October USDA World Markets and Trade Update covering Almonds, Walnuts, and Pistachios.

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1 Million Lbs Shipped!

April 8, 2017

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.

We are proud to announce that since starting business this past December 2016, Anderson Exports has passed the 1,000,000 lbs of product shipped milestone. We look forward to growing these numbers and working with you as we expand our product offerings and global reach.

Raisins

Prices have started to move up quickly over the last few days here in California. Intel from the fields is reporting 20% lower bunch count on the vines for the 2017 crop. Add to this the quantified 7.5% pull outs of vines reported from 2016, and we are projecting a total crop size of 250,000 to 280,000 tons for the 2017 crop. In 2017 we are also already on track to sell up to 330,000 tons of material! With most large buyers in Europe having completed the majority of their purchasing from California and South Africa, the price will likely trend upwards throughout the next few weeks without any major jumps. South African suppliers are nearly sold out of their material as well.

Secondary Market Products

We also have the following items for sale and immediate shipment from various suppliers if you have a need: 
Cranberries – 54,000 lbs
Toasted Coconut Chips – 35,000 lbs
SS Chocolate Drops 2000 CT – 24,000 lbs
Pectin – roughly 30,000 lbs
Freeze Dried Strawberry/Apple Fruit Blend – 13,000 lbs
Walnuts Combo H&P – 30,000 lbs

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