OCTOBER 2015
GroceryGlobe
 
 
 
 
Heavy Rainfall Damages 1,000 Acres of Basmati Rice Crops 
 
  fabi
Heavy showers lashed a region in Pakistan damaging over 1,000 acres of basmati and paddy crops. Along with the rainfall, heavy winds led to the flattening of crops in different pockets of the district.
 
Harvesting will be delayed about 10 days due to the flooding in the area. The Basmati 1509 variety matures early and was virtually ready for harvesting when the sudden rain lashed the region.
 
The crops in low-lying areas near Ravi and Beas rivers were the most affected by the sudden rainfall. Farmer leader Rattan Singh Randhawa proclaims "the Agriculture Department is underestimating the crop loss, claiming that one-third of the total area under basmati and paddy witnessed crop damage.
 
So far, it is not very hopeful the crops will yield a good return this year considering the already low basmati prices.  
 
Click here for full article
 
 
 
 
 
 
Winter Crop Offers No Relief To Pineapple Shortage
 
Thailand, the world’s largest canned pineapple producer, has experienced three consecutive small harvests, something almost unprecedented.  The reduced growing area, as farmers have switched to other crops, is one reason behind the decline (the weather is the other). Thailand’s growing area for pineapple is now just 83,000 hectares, down from 103,000 ha in 2013. According to Food News, canners are presently buying fruit that is available for processing, leaving little left for juice.
 
As of now, the packers in Thailand are beginning to prepare to process the winter crop.
Some of the packers are saying that they do not want to commit to new contracts as they continue to struggle to fulfill pending orders.

The price of raw material continues to rise causing the price of fruit to go up progressively during the quarter. Encouraged by high prices, farmers are picking the fruits early which further damages yields and results in unripe fruits being sent to processors causing severe shortages.  As demand increases, packers are struggling to keep up with pending orders and are buying any fruit available. "At the current prices farmers are extremely keen to plant more but are finding it difficult to find the suckers to plant" commented one of the Thai packers. 

Crop production will begin to improve in the coming years but it will still be well under the 2.0 million average. The supply will remain tight well into 2016 and prices for raw material and final product will continue to uptrend. 

 
Click here for full article
 
 
 
HARVEST REPORT : AUGUST 2015
 
  Market Report    
 
 
ANCHOVIES
Pricing is firm. Demand is high but raw materials remain in short supply. 
 
APPLES
Harvest is just beginning for apples which is used mostly in apple juice concentrate. The applesauce and sliced apples harvest will begin the end of October. We will continue to watch pricing as we get nearer harvest time. 
 
BASMATI RICE
Prices remain low due to declining demand and high moisture content of the Basmati. Harvesting will be delayed by approximately 10 days due to flooding.
 
 
MANDARIN ORANGES
Harvest is down 30% due to weather related issues affecting the fruit during the blooming period causing the fruit to fall to the ground before ripening.
 
OLIVES
Prices are on the rise due to the continuing crop issues. Hot weather and effects from the Xylella bacterium has reduced expected harvest volume. New crop is anticipated to arrive in November from both Greece & Turkey.  We will continue to keep you updated. 
 
OLIVE OIL
Price of raw materials is anticipated to increase. With over 1 month left before the new harvest, available quantities are declining. We will continue to keep you updated.
 
PEACHES
Greek harvest turned out to be lower than expected by 30% of previous year.
 
PINEAPPLES
Prices continue to increase due to El Niño’s drought effects in Asia, causing low volume in current crops. The winter crop will be delayed into Q1. We anticipate the harvest will continue to be short with no improvement until at least December 2016. 
 
TOMATOES (PLUM)
Prices have declined due to Italy’s strong harvest this year.
 
BEANS (CANNELLINI)
Due to the weaker Euro, prices are more competitive for product coming out of Europe. 
 
 
 
 
 
 
Understanding the Market: Tuna
 
Skipjack: Status remains the same. Raw material continues trading between $1500-$1520 per metric ton CFR Bangkok for 1.8kg size fish. Expectations are that raw material will remain at these levels.
 
Albacore: Albacore continues to trade at levels ranging between $3100 and $3200 per mt for the limited long line supply that is available. Expectation is for pricing to remain fairly steady.

The overwhelming majority of fish harvested in Indonesian waters continues to be small sized, (averaging only between 9-12 kg in size) which is fine for chunk pack production, but is too small for good quality solid pack production (food service wise). This is limiting packers from offering both double layer solid pack as well as single layer solid pack product.
The next major long line season will not start up again until the end of the year. There is not much change to be expected in supply with the 4th quarter.
 
Yellowfin: Yellowfin continues trading at levels ranging between $1830 and $1870 mt and is slowly following the upward movement of skipjack. Anticipate some further strengthening of Yellowfin raw material prices in the coming month.
 
Supply from the Philippines continues to be extremely slow / poor due to weather conditions and poor catching in the region. The market will continue with firm conditions.
 
Tongol:  Supply out of all major source areas (Thailand, Vietnam, Indonesia) continues to be very limited, and there is no sign of improvement.

Thailand continues to struggle with fish supply as they have lost access to the once available supply out of Indonesian waters. Supply out of Vietnam has yet to show any sign of improvement and is starting to become a concern. Usually one would see some tongol landings take place during August, but, so far, virtually no consistent landings have been reported.
 Outlook: Very tight supply conditions are expected to continue. Higher price levels expected into the 4th quarter of the year. 
 
 
   
 
 
atlanta Tastes
 
 
 
 
 
WHITE BEAN - TOMATO RISOTTO
 
 
 
Red Pepper & Artichoke with Allioli Hamburger
 
 
Ingredients:
1/4 cup Del Destino® Extra Virgin Olive Oil
1/2 cup minced onion
1 teaspoon salt
2 cups Primio d’oro™ Arborio rice 
1 cup white wine
7 cups chicken or vegetable stock
3/4 cup grated ZERTO® Parmigiano Reggiano cheese 
1 can Primio d`Oro™ Cherry Tomatoes
1 can Primio d`Oro™ Cannellini Beans
 
Directions:
Heat Extra Virgin Olive Oil in stockpot over medium high heat.  Add minced onion and salt.  When onions are translucent, add rice and stir.  Add the wine and 1/3 of the stock and stir.  Reduce heat to medium low and continue to add water as needed.  It is not necessary to continually stir, just keep coming back to the pot and checking the liquid level occasionally.  When most of the liquid is incorporated, about 20 minutes, add the rest of the liquid.  When the rice is al dente, meaning that you can feel the tiniest crunch in the center of the grain, add the cheese, tomatoes, beans and basil.
 
 
 
 
 
 
Why You Should Be Salting Your Pineapple... And Most Of Your Fruit
 
It's a mantra we swear by: Just add salt. You'd be surprised how much a dash or a sprinkle can totally transform the taste of the fruits you eat every day.
 
Here are nine fruits that prove the deliciousness of this salty-sweet combo.
 
Pineapple
It may seem counterintuitive, but salt actually makes pineapple taste even sweeter.
Grapefruit
Sub in salt for sugar. Mind blown.
Avocado
Nothing brings out the creamy goodness of avocado more than a sprinkle of salt.
Peaches
Sure, regular salt will do, but smoked salt on peaches? Even better.
Tomatoes
Heirloom or not--salt (and a little pepper, too) turns these guys into the perfect summer snack.
Green Apples
Granny Smiths (and flaky kosher salt) required.
Watermelon
Bold flavor rush.
Cantaloupe
Salt draws the sweetness out of this typically musky fruit.
Strawberries
Sophistication in berry form.
 
 
 
 
 
 
Flavors of the past: blowing dust off exciting historical recipes 
 
Thousands of ancient recipes are completely forgotten, only to be kept in dusty archives. However, just think of sinking your teeth in a medieval lasagna flavoured with saffron and cloves or an early modern fish sauce with strawberries, innovation for the future also lies in the past! Together, with Historian Annelies Van Wittenberghe, we travel through historical cookbooks and re-create some delicious historical pairings! 
 
Deer stew with Coriander from the Oldest Cookbook in history (2000 BC)
This autumnal venison stew recipe was found on clay tablets, written during the First Babylonian dynasty in modern-day Iraq. Enjoy this sophisticated sample of Mesopotamian cuisine!
 
Time to bring Peruvian ingredients into your kitchen 
When thinking of Peruvian foods, ceviche, pisco, avocados and the superfood quinoa will come to mind. With more than 300 varieties of chilis and 3800 different potatoes, Peru is home to an extremely rich variety of local ingredients. At food festival, Mistura '15 in Lima, Foodpairing pairs up with Astrid y Gastón to highlight the Cuisine's key ingredients.
 
Profiteroles with balsamic vinegar -pistachios - chocolate - rose pepper
Would you guess that balsamic vinegar works in a sweet treat? Well, it does so extremely well – especially with pistachios. Chocolate and rose pepper also are a true match as well. By combining these two pairs we can create unique and delicious profiteroles.
 
Click here for full article and recipes! 
 
 
 
 
Contact Us: 908-351-8000   www.atalantacorp.com
 
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