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in Organic Fresh Produce
OPN Connect Newsletter 120
Produce Mergers, Avocado Shortages, Viva Tierra’s Luis Acuna, Organic Cannibas Update and more…
Over the last few decades, there have been cyclical periods when supermarket mergers and acquisition dominate the news--- with economies of scale usually cited as the driving force. This year, mergers and acquisitions at the supplier level are garnering interest with that same economy of scale concept no doubt a factor. In several of these mergers, however, there has been an organic produce element, leading one to think diversification is also a motivating factor.
Demand continues to exceed supply for organic avocados with no new source of supplies expected until the new Mexican crop begins shipments in earnest in late summer. This week, the most attractive sizes of organic avocados – 48s to 60s – were returning $75-$82 f.o.b. and the market was strengthening.
California state Senate Bill 94 made cannabis products legal for recreational use by adults over the age of 21, and also mandated California Department of Food & Agriculture (CDFA) to create an organic cannabis program by 2021.
1. To Maximize Your Climate Impact, Do This
2. Funding Announcement to Support Organic Trade
3. Illinois Hemp Farmers Face Risks with First Planting of Newly Legal Crop
4. Organic Produce Bonds Father and Son
5. Sym-Agro Markets an Insecticide 'Synergist'