April 2017
Del Destino's New Branding Rolls Out 
Del Destino is Atalanta’s line of Premium Mediterranean products, including various vegetables, condiments, and grains.  In late 2016 the look of the brand was updated into a uniform, clean identity that communicates the authentic taste and its long heritage.  Now in 2017, the new look will start to hit the shelves. The line is primarily sold in food service but also has retail and club distribution.
Kalamata Prices Continue Rising

In Greece, the Kalamata harvest declined by 30%; extreme weather conditions led to fungal and fruit fly infestations which severely affected the crop. Both farmers and producers are struggling to meet the demands of the market. Because of this, prices have increased by 25% and predictions are that they will continue to grow to  40%.  Because of these poor market conditions, Atalanta has no choice but to increase Kalamata costs.
  Market Report    

The National Industry Society (SNI) has urged the Ministry of Production (PRODUCE) to expand the anchovy fishing area authorized to small-scale purse seiners in Tacna, citing problems of resource availability affecting around a dozen plants.

Back in 2015, PRODUCE decreed a reserve area for the anchovy and white anchovy fishing for direct human consumption in southern Peru, to ensure its sustainability. The area is exclusive to artisanal and small-scale vessels. The measure is now being criticized by Alfonso Miranda, the president of the Committee of Fisheries and Aquaculture of the SNI. He argues that because of the differences between the northern and southern coasts, artisanal fishing is more difficult. Miranda claimed that anchovy landings in Tacna halted since the regulation was passed, leaving a dozen plants with no raw material to process.


The cold winter means that the harvest may be slightly delayed this year.  Given the hard winter, Greek peach farmers will not be able to breathe easily until the frost risk has passed, which means after mid-April, although the killer frost of 2007 struck even later than that. 


The pineapple market has returned to normal in Thailand with 10,000 MT raw material coming into Thailand daily. Factories are catching up with their backlog of orders,  for both foodservice and retail. 
Raw material prices have come down from Thai Baht 11.50/kg to TBT8.00/kg. Major flooding has helped the pineapple plantations, and if no other weather phenomenon happens, the summer crop should be average. The expectation is that prices will decrease within 3-6 months.
Around the Industry: Trends & Forecasts
A Snapshot of Today’s Natural/Organic Shopper

While natural and organic products have seen significant growth, the profiles and motives of today’s shoppers in the category are drastically different from less than a decade ago.

The latest Hot Topic report, "Back to Our Roots: The Rise of the Natural/Organic Shopper," from Jacksonville, Fla.-based CPG marketing agency Acosta, explores modern-day natural/organic shoppers, including what they’re buying and from where, why they purchase these foods, and how they get information about the products’ ingredients and processes.

Perhaps most significant for retailers is that most age groups favor purchasing natural and organic products at traditional grocery stores, although Millennials have shown an affinity for the value channel.

“Not so long ago, shoppers interested in natural and organic food had to seek out specialty stores to find the items they wanted,” said Colin Stewart, Acosta SVP. “Now, not only has the growing popularity of non- or minimally processed food fed the rise of major specialty retailers, it is also transforming product development and grocery retail across various channels as the profiles of natural and organic shoppers evolve.”
Source: Gourmet Retailer Magazine 
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Papua New Guinea continues to move forward with its Pacific Marine Industrial Zone (PMIZ) which is expected to open sometime in April 2017. The government has indicated it no longer will allow Philippine fishing vessels to continue operating in its waters  If the PNG government does enforce tonnage from being shipped out of its country, the Philippines will significantly impact and force factories to become much more reliant on international fish from the major traders. 

There continues to be a limited supply of quality long line albacore from the Pacific region. Limited inventories are from packers cold storage. The outlook is a relatively stable market through the first half of March. 

Yellowfin raw material prices have leveled off for “un-segregated fish” For FAD Free Yellowfin raw material prices have been trading around $180.00 to $200.00 per metric ton higher and even more for MSC certified pole and line fish which is now pushing close to Albacore levels. 

Conditions are gradually improving out of both the Indian Ocean and Western and Central Pacific. There is a high demand for Yellowfin from Spain and France. 

Tongol supply is expected to continue being extremely short/challenging throughout much of this year and may create spot stock issues. Outlook is for very firm market conditions.
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