Argentinean lemon: 2016 season looking good

  • Published on 8/04/2016 - Published by Market News Service / FruiTrop
  • FruiTrop n°239 , Page From 5 to 5
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Finally, most of the indicators seem to back to green for the world’s number one producer. On the one hand, production should regain a “normal” level, with 1.45 million tonnes expected, according to the USDA. The trees have recovered from the frosts of 2014, and weather has been fairly favourable, with sizing set for a good level. On the other hand, the markets seem open. Prices of industrial derivatives, the country’s speciality, are registering lower levels than in 2015, but they are set fair. Furthermore, world demand for fresh lemon seems promising, and prices look set to be more lucrative for the upstream segment, thanks to the economic measures implemented recently, relating to the peso/dollar exchange rate. The campaigns in the Mediterranean countries supplying the European market during the winter should finish early, since all the players are registering significant shortfalls: from Turkey (- 5 to - 10 % from the last two seasons), to Italy (drop even steeper due to lack of rain), as well as Spain. Ailimpo, the Spanish lemon interprofessional association, has revised its forecasts downward, and is now reckoning on a production fall of 23 % from last season, considering that the end-of-season variety Verna has practically halved (160 000 t as opposed to 300 000 t in 2014-15).

Sources: USDA, Foodnews, Ailimpo

 

lemon - argentina - production
lemon - argentina - production

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