Homepage  Homepage     Search on site  Search on site     To write the letter  To write the letter     Site map  Site map
Agro Perspectiva
We are on: 
   
 


Home > News

World peach and nectarine production is forecast down 1.1 million metric tons to 21.0 million

23.09.2020 14:40 "Agro Perspectiva" (Kyiv) According to the report of the USDA Fresh Peaches and Cherries: World Markets and Trade (September 2020), world peach and nectarine production is

forecast down 1.1 million metric tons (tons) to 21.0 million as adverse weather conditions impact output in top producers China and the European Union. Global

trade is expected to contract on reduced global supplies.

China production is expected to decline 500,000 tons to 14.5 million due to heavy April snow that impacted fruit set in most peach-growing provinces. Exports are expected to drop one-third to 80,000 tons as Russia continues its ban on imports of fruit from China, including stone fruit.

Chinas third-largest market prior to the ban, Russia initiated the action in August 2019 due to phytosanitary concerns. Chinas imports are forecast up over 40 percent to 38,000 tons, reflecting a strong jump in supplies from Chile at the beginning of the marketing year before COVID-19 disruptions impacted shipments.

EU production is forecast to fall over 600,000 tons to 3.5 million following last years nearrecord supplies, as a variety of damaging weather events affected output in leading producers

Spain, Italy, Greece, and France. Surplus peach production over the last several years has also prompted reductions in planting area in Spain, Italy, and France, with Spain shifting some production towards tree nuts. Reduced output is projected to lower exports 24,000 tons to 155,000 yet lift imports only slightly as demand is met mostly by domestic supplies. U.S. production is projected to contract 26,000 tons to 691,000 as orchards in Colorado and several East Coast states experienced damaging freezes. USDAs National Agricultural Statistics Service (NASS) surveyed industry and published the U.S. forecast for peach production in the August 2020 Crop Production report. Exports are expected to ease 4,000 tons to 67,000 on lower shipments to top markets Mexico, Taiwan, and Australia. Imports are also anticipated lower to 33,000 tons on reduced shipments from Chile in the beginning of the marketing year. The United States is now eligible to export nectarines to China, per the U.S.-

China Economic and Trade Agreement signed in January 2020. The General Administration of Customs of China (GACC) published a list of approved U.S. packing houses on April 26, officially opening the market to U.S.-origin nectarines from five counties in California. Since the publishing of the approved U.S. packing houses, trade data indicates shipments have begun.

Turkey production is anticipated up for a sixth straight year of growth, rising 40,000 tons to 870,000 on good weather during bloom and harvest. In line with production, persistent growth also marks Turkeys exports. Higher supplies and less expected competition in Russia due to the absence of China is expected to drive exports up 40,000 tons to a record 140,000, nearly tripling in 4 years. Export success is in turn spurring further investment in production, prompting

continued expansion in planting area to meet export demand and a growing juice industry.

Chile production is expected to see a small rise to 170,000 metric tons on good growing conditions and stable planting area. In line with production, exports are expected to see a slight improvement to 105,000 tons on higher shipments to China.

Japan production is forecast to continue its downward trend, eroding 10,000 tons to 98,000 on an extensive rainy season. If realized, this would mark the first time in USDAs production, supply, and distribution database that Japans production has been below 100,000 tons.

Australia production is projected up 5,000 tons to 120,000 on adequate winter chill and good water supplies. Australia production has been experiencing a modest upward trend since 2017, which is expected to continue in coming years as older trees are being replanted with newer higher-yield varieties. Despite higher supplies, COVID-related air freight challenges are expected to lower exports to 13,000 tons while boosting domestic consumption to 109,000.

Russia imports are expected to halt their 2-year decline, recovering slightly to 200,000 tons as higher shipments from Turkey more than offset losses from banned China supplies.

Agro Perspectiva

< High-level roundtable calls for strengthened collaboration in the Near East and North Africa All news for
23.09.2020
Russian Federation. Steady demand for chicken meat and ample feed supplies are expected to lift production to 4.725 MMT in 2021 >

14.09.2021  
15:25 India Allows GE Soybean Meal Imports in Response to Soaring Domestic Meal Prices
13.09.2021  
14:57 Cargill expands global pectin footprint with opening of $150 million processing facility in Brazil
12:45 ASTARTA Completed Processing Imported Raw Cane Sugar and Started Sugar Production Season 2021
06.09.2021  
17:38 World cereal supplies remain adequate despite lower production prospects
17:36 Global food commodity prices rebound in August
17:32 Finance Minister expects to keep inflation within 10%
31.08.2021  
18:32 Brazil. The cattle herd will grow four percent in 2021 and 2022
30.08.2021  
15:11 Mexico. Chicken production is estimated at 3.9 MMT in 2022
11.08.2021  
15:45 Bulgarian rapeseed production is forecast to rebound in MY 2021/22
15:25 Inflation in Ukraine up to 10.2% in July - statistics
15:05 Kernel intends to buy back up to 19.2 mln shares for $250 mln
10.08.2021  
15:00 $127 million from World Bank to shore up food security and rural livelihoods in Yemen
14:02 G20: FAO Director-General calls for closing of digital divide
05.08.2021  
19:16 Global food prices decline in July
30.07.2021  
15:15 CNH Industrial. Consolidated revenues of $8.9 billion (up 60% compared to Q2 2020), net income of $699 million
28.07.2021  
12:17 BASF with very strong second quarter supported by higher prices and volumes
24.07.2021  
10:36 Ethiopia: Worlds Third‐Largest Arabica Coffee Producer
23.07.2021  
10:49 U.S. Production and Exports Forecast Down Despite Global Gains
16.07.2021  
15:06 Global pork production for 2021 is revised up nearly 4 percent to 105.1 million tons
12:50 Global Soybean Trade Slows on Weaker China Demand
14.07.2021  
13:45 UN report: Pandemic year marked by spike in world hunger
11:00 Australia to Expand Wheat Exports as North America Faces Tighter Supplies
10:37 Philippines Pork Imports Expected to Reach Record Levels
08.07.2021  
15:12 World cereal inventories expected to rise for the first time since 2017/18
13:15 Global food prices fall for the first time in 12 months
06.07.2021  
12:30 ASTARTA Exported the First Batch of Organic Products
30.06.2021  
18:05 Turkey. In MY 2020/21, orange production is estimated to decrease 1.3 million MT
29.06.2021  
11:55 Tetra Pak to invest 100 million to expand European manufacturing for more sustainable solutions
25.06.2021  
17:17 FRESH APPLES. World production for 2020/21 is projected down 3.6 million tons to 75.9 million
24.06.2021  
13:05 Vattenfall to sell 49.5% of the offshore wind farm Hollandse Kust Zuid to BASF
17.06.2021  
12:30 Minister Bozukov: Environmental commitments in agriculture need adequate economic incentives
16.06.2021  
10:52 U.S. Corn Exports at a New High for 2020/21
09.06.2021  
17:05 Iraq Issues Decisions to Restrict the Movement of Wheat and Barley
16:37 Case IH Introduces New Planter Tech, Applicator Configurations
04.06.2021  
13:46 World cereal markets heading towards a record production in 2021/22 but only a marginal increase foreseen for stocks
03.06.2021  
14:29 Japan. The tariff-rate quota volumes for butter at 6,400 MT and NFDM at 750 MT for JFY 2021
12:25 Burma. Wheat consumption is forecast to decrease in 2021 due to economic contraction and cash shortages post-coup
09:25 Pests destroy up to 40 percent of global crops and cost $220 billion of losses
01.06.2021  
10:55 Tetra Pak's optimal integrated solution helps cut water usage and carbon emissions for the dairy sector
31.05.2021  
11:53 European Union sugar production is forecast 7 percent higher to 15.8 million tons
26.05.2021  
13:02 Sugar Production Up Globally in 2021/22, Stable in the United States and Mexico
18.05.2021  
13:33 ASTARTA Completed its Sowing Campaign 2021
17.05.2021  
16:47 CNH Industrial announces subsidiary notes offering
14.05.2021  
14:15 ASTARTA Started Raw Sugar Processing
12.05.2021  
14:01 For the MY 2021/22 forecasts Bangladeshs rice production to increase, assuming friendly weather and increased yield
12:51 Total Latvian wheat, rye, mixed grains, triticale, barley, corn, and oat production in MY 2021/22 is forecast at 3.2 MMT
07.05.2021  
13:22 Global cereal markets tighten as demand remains strong in 2020/21
12:25 International food prices continue rising in April
06.05.2021  
15:38 New Zealand. Total milk production is forecast at 22.2 MMT
05.05.2021  
16:47 CNH Industrial. Consolidated revenues of $7.5 billion (up 37% compared to Q1 2020)

Also available: 


NewsNews - News - News - News - News - News
BriefWeekly Reports - Free article
SubscriptionTariff - News&Reports
AdvertisingMagazine - Site
ConferencesForum AGRO-2013 - DAIRY WORLD-2008 - FERTILIZERS-2010
Statistics
For our clientsAgroNewsDaily - Ukrainian Grain&Oilseed Market - Fertilizers - Milk Monthly - Milk Weekly
About usAbout project - Contact
2002 -2021 © Agrarika, ltd.
tel.: +380 44 5934543; +380 44 5934540
e-mail: client@agroperspectiva.com