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Growing interest for Argentinian fruit in Russia and Asia

Growing interest for Argentinian fruit in Russia and Asia

Salixfruits, a fruit trader based in Argentina, has truly taken off this year with the opening of offices in the United States, Mexico, and soon also in Peru, intended to carry out a double importer-exporter role. The company’s main products include pears, apples, grapes and stone fruit.

Juan Martín González Pita, founder of Salixfruits, affirms that “the firm pursues to add substantial value to the producers and help them maximise their results. We provide medium and small producers with a professionalised commercial structure with over 10 years’ experience.” 

According to González, despite the reduction of demand in absolute terms, fruit consumption levels are the same. “The difference is that people are now more careful to avoid wasting food. Supermarkets, by adopting pre-packaged formats, also contribute to this change in consumption habits.”

As for markets, Salixfruits works mainly with the Middle East, Russia and South East Asia. González explains that “these markets pay well, with fixed prices and are good to do business with. They do not ask for certificates or demand high import taxes. The only problem is that there are no logistic infrastructures or cold storage services to make large shipments.”

In Europe, the firm only makes occasional small deals with Spain and Italy. The current strategy is to close deals at fixed prices and with more guarantees, something which, according to González, the European market is not offering.

“I would be interested in developing South Africa as origin, as our clients demand South African products. Another interesting market is India, which despite not being logistically advantageous, offers a potential market of 10 million willing to pay Premium prices,” concludes Juan Martín González Pita.

For more information:
Salixfruits                                                                                         
Argentina
Juan Martín González Pita
Skype: jmgpita
[email protected]
Tel. +54 11 3221 3649
Mob. +54 911 5039 7981

Publication date: 6/27/2013


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International Interest at China FVF 2014

Photo report
International Interest at China FVF 2014

The China Fruit and Vegetable Fair took place this year in the China National Convention Center in Beijing. There were international, as well as local exhibitors present as well as a wide range of visitors.

Click here for the photo report

New Zealand, Australia, South America, Europe and South Africa were among the countries promoting their fruit to the growing Chinese market which is seeing a great increase in demand for imported fruit and vegetables.

Click here for the photo report

There was a very positive feeling among those present about the potential of the Chinese market growth. Some countries already have access for some of their produce while others are going through the process of gaining it.

Lisa Pang, Director of the China FVF Organising Committe felt the fair had been a sucess and is looking forward to growing the eveny in the coming years.

FreshPlaza was present at the event and you can see the photo report:
Click here for the photo report

We will also publish a series of interviews with those present over the coming days.

Publication date: 11/17/2014
Author: Nichola Watson
Copyright: www.freshplaza.com


FreshPlaza.com

International Interest at China FVF 2014

Photo report
International Interest at China FVF 2014

The China Fruit and Vegetable Fair took place this year in the China National Convention Center in Beijing. There were international, as well as local exhibitors present as well as a wide range of visitors.

Click here for the photo report

New Zealand, Australia, South America, Europe and South Africa were among the countries promoting their fruit to the growing Chinese market which is seeing a great increase in demand for imported fruit and vegetables.

Click here for the photo report

There was a very positive feeling among those present about the potential of the Chinese market growth. Some countries already have access for some of their produce while others are going through the process of gaining it.

Lisa Pang, Director of the China FVF Organising Committe felt the fair had been a sucess and is looking forward to growing the eveny in the coming years.

FreshPlaza was present at the event and you can see the photo report:
Click here for the photo report

We will also publish a series of interviews with those present over the coming days.

Publication date: 11/17/2014
Author: Nichola Watson
Copyright: www.freshplaza.com


FreshPlaza.com

International Interest at China FVF 2014

Photo report
International Interest at China FVF 2014

The China Fruit and Vegetable Fair took place this year in the China National Convention Center in Beijing. There were international, as well as local exhibitors present as well as a wide range of visitors.

Click here for the photo report

New Zealand, Australia, South America, Europe and South Africa were among the countries promoting their fruit to the growing Chinese market which is seeing a great increase in demand for imported fruit and vegetables.

Click here for the photo report

There was a very positive feeling among those present about the potential of the Chinese market growth. Some countries already have access for some of their produce while others are going through the process of gaining it.

Lisa Pang, Director of the China FVF Organising Committe felt the fair had been a sucess and is looking forward to growing the eveny in the coming years.

FreshPlaza was present at the event and you can see the photo report:
Click here for the photo report

We will also publish a series of interviews with those present over the coming days.

Publication date: 11/17/2014
Author: Nichola Watson
Copyright: www.freshplaza.com


FreshPlaza.com

International Interest at China FVF 2014

Photo report
International Interest at China FVF 2014

The China Fruit and Vegetable Fair took place this year in the China National Convention Center in Beijing. There were international, as well as local exhibitors present as well as a wide range of visitors.

Click here for the photo report

New Zealand, Australia, South America, Europe and South Africa were among the countries promoting their fruit to the growing Chinese market which is seeing a great increase in demand for imported fruit and vegetables.

Click here for the photo report

There was a very positive feeling among those present about the potential of the Chinese market growth. Some countries already have access for some of their produce while others are going through the process of gaining it.

Lisa Pang, Director of the China FVF Organising Committe felt the fair had been a sucess and is looking forward to growing the eveny in the coming years.

FreshPlaza was present at the event and you can see the photo report:
Click here for the photo report

We will also publish a series of interviews with those present over the coming days.

Publication date: 11/17/2014
Author: Nichola Watson
Copyright: www.freshplaza.com


FreshPlaza.com

International Interest at China FVF 2014

Photo report
International Interest at China FVF 2014

The China Fruit and Vegetable Fair took place this year in the China National Convention Center in Beijing. There were international, as well as local exhibitors present as well as a wide range of visitors.

Click here for the photo report

New Zealand, Australia, South America, Europe and South Africa were among the countries promoting their fruit to the growing Chinese market which is seeing a great increase in demand for imported fruit and vegetables.

Click here for the photo report

There was a very positive feeling among those present about the potential of the Chinese market growth. Some countries already have access for some of their produce while others are going through the process of gaining it.

Lisa Pang, Director of the China FVF Organising Committe felt the fair had been a sucess and is looking forward to growing the eveny in the coming years.

FreshPlaza was present at the event and you can see the photo report:
Click here for the photo report

We will also publish a series of interviews with those present over the coming days.

Publication date: 11/17/2014
Author: Nichola Watson
Copyright: www.freshplaza.com


FreshPlaza.com

International Interest at China FVF 2014

Photo report
International Interest at China FVF 2014

The China Fruit and Vegetable Fair took place this year in the China National Convention Center in Beijing. There were international, as well as local exhibitors present as well as a wide range of visitors.

Click here for the photo report

New Zealand, Australia, South America, Europe and South Africa were among the countries promoting their fruit to the growing Chinese market which is seeing a great increase in demand for imported fruit and vegetables.

Click here for the photo report

There was a very positive feeling among those present about the potential of the Chinese market growth. Some countries already have access for some of their produce while others are going through the process of gaining it.

Lisa Pang, Director of the China FVF Organising Committe felt the fair had been a sucess and is looking forward to growing the eveny in the coming years.

FreshPlaza was present at the event and you can see the photo report:
Click here for the photo report

We will also publish a series of interviews with those present over the coming days.

Publication date: 11/17/2014
Author: Nichola Watson
Copyright: www.freshplaza.com


FreshPlaza.com

International Interest at China FVF 2014

Photo report
International Interest at China FVF 2014

The China Fruit and Vegetable Fair took place this year in the China National Convention Center in Beijing. There were international, as well as local exhibitors present as well as a wide range of visitors.

Click here for the photo report

New Zealand, Australia, South America, Europe and South Africa were among the countries promoting their fruit to the growing Chinese market which is seeing a great increase in demand for imported fruit and vegetables.

Click here for the photo report

There was a very positive feeling among those present about the potential of the Chinese market growth. Some countries already have access for some of their produce while others are going through the process of gaining it.

Lisa Pang, Director of the China FVF Organising Committe felt the fair had been a sucess and is looking forward to growing the eveny in the coming years.

FreshPlaza was present at the event and you can see the photo report:
Click here for the photo report

We will also publish a series of interviews with those present over the coming days.

Publication date: 11/17/2014
Author: Nichola Watson
Copyright: www.freshplaza.com


FreshPlaza.com

International Interest at China FVF 2014

Photo report
International Interest at China FVF 2014

The China Fruit and Vegetable Fair took place this year in the China National Convention Center in Beijing. There were international, as well as local exhibitors present as well as a wide range of visitors.

Click here for the photo report

New Zealand, Australia, South America, Europe and South Africa were among the countries promoting their fruit to the growing Chinese market which is seeing a great increase in demand for imported fruit and vegetables.

Click here for the photo report

There was a very positive feeling among those present about the potential of the Chinese market growth. Some countries already have access for some of their produce while others are going through the process of gaining it.

Lisa Pang, Director of the China FVF Organising Committe felt the fair had been a sucess and is looking forward to growing the eveny in the coming years.

FreshPlaza was present at the event and you can see the photo report:
Click here for the photo report

We will also publish a series of interviews with those present over the coming days.

Publication date: 11/17/2014
Author: Nichola Watson
Copyright: www.freshplaza.com


FreshPlaza.com

International Interest at China FVF 2014

Photo report
International Interest at China FVF 2014

The China Fruit and Vegetable Fair took place this year in the China National Convention Center in Beijing. There were international, as well as local exhibitors present as well as a wide range of visitors.

Click here for the photo report

New Zealand, Australia, South America, Europe and South Africa were among the countries promoting their fruit to the growing Chinese market which is seeing a great increase in demand for imported fruit and vegetables.

Click here for the photo report

There was a very positive feeling among those present about the potential of the Chinese market growth. Some countries already have access for some of their produce while others are going through the process of gaining it.

Lisa Pang, Director of the China FVF Organising Committe felt the fair had been a sucess and is looking forward to growing the eveny in the coming years.

FreshPlaza was present at the event and you can see the photo report:
Click here for the photo report

We will also publish a series of interviews with those present over the coming days.

Publication date: 11/17/2014
Author: Nichola Watson
Copyright: www.freshplaza.com


FreshPlaza.com

This Week’s Indoor Ag Conference Reflects Growing Global Interest

Interest is growing in indoor agriculture as consumers seek fresh food sources closer to home raised with fewer (or no) pesticides and herbicides and their concerns increase about the effects of climate change and environmental degradation on food safety and availability.

Reflecting this growing interest is the second-annual Indoor Agriculture Conference being held this week in Las Vegas (last year’s inaugural event drew attendees from around the world and sold out). Organizers say that some “new tech” advances in farming to be introduced on Wednesday and Thursday include lighting, temperature controls and nutrient-transporting systems, along with related food-safety subjects.

Pam Marrone

One of the scheduled speakers is Pam Marrone, Ph.D., an entomologist who launched a company in Davis, CA, in 2006 to create and sell bio-pesticides, or biologically derived products, that kill pests and fertilize plants without the problems associated with chemical pesticides.

“The big food-safety aspect is that they’re exempt from levels. You can spray right up until harvest and don’t have to worry about residues,” she told Food Safety News, adding, “We’re exempt from Codex rules as well.”

Marrone has an extensive resume involving plant health and pest management. She founded the AgraQuest biotechnology company in 1995 and was its CEO, chairman and president until 2006. Before that, she founded Entotech Inc., a biopesticide subsidiary of Novo Nordisk, the Danish global healthcare company. She started out her career leading the Insect Biology group at Monsanto and developing projects by using natural products and plant biotechnology.

Currently, Marrone Bio Innovations Inc. has three products on the market: Grandevo, a bioinsecticide; Regalia, a biofungicide, and Zequanox, which kills invasive mussels in rivers, lakes and water systems.

“They are very biodegradable and generally very safe to mammals and other animals, and plant don’t develop resistance. You can spray in the morning and be back in the fields by the afternoon,” Marrone said.

The company’s products boost a plant’s immune system and can get a “bump” in yields, particularly with soybeans and corn, she noted.

“All of our products are listed organic as long as the active ingredients, microbes and such, are not modified and as long as we use inert products,” Marrone said.

Her company has a group of 70 scientists working on research and development of new products. One is a biofumigant that kills foodborne pathogens and is “something we would partner out,” Marrone said. That product, currently without a formal name, is called “MBI 601″ and has been submitted to the U.S. Food and Drug Administration for approval.

In the U.S., she noted, “We still produce strawberries using toxic fumigants; in Europe, they have started moving toward growing things indoors using strawberries.”

Marrone indicated that her attendance at this week’s Indoor Ag Conference reflects the growing international interest in hydroponics (growing plants without soil) and aeroponics (growing plants in an air or mist environment).

The conference is being co-hosted by Newbean Capital and the Black Emerald Group and sponsored by Hort Americas.

Food Safety News

This Week’s Indoor Ag Conference Reflects Growing Global Interest

Interest is growing in indoor agriculture as consumers seek fresh food sources closer to home raised with fewer (or no) pesticides and herbicides and their concerns increase about the effects of climate change and environmental degradation on food safety and availability.

Reflecting this growing interest is the second-annual Indoor Agriculture Conference being held this week in Las Vegas (last year’s inaugural event drew attendees from around the world and sold out). Organizers say that some “new tech” advances in farming to be introduced on Wednesday and Thursday include lighting, temperature controls and nutrient-transporting systems, along with related food-safety subjects.

Pam Marrone

One of the scheduled speakers is Pam Marrone, Ph.D., an entomologist who launched a company in Davis, CA, in 2006 to create and sell bio-pesticides, or biologically derived products, that kill pests and fertilize plants without the problems associated with chemical pesticides.

“The big food-safety aspect is that they’re exempt from levels. You can spray right up until harvest and don’t have to worry about residues,” she told Food Safety News, adding, “We’re exempt from Codex rules as well.”

Marrone has an extensive resume involving plant health and pest management. She founded the AgraQuest biotechnology company in 1995 and was its CEO, chairman and president until 2006. Before that, she founded Entotech Inc., a biopesticide subsidiary of Novo Nordisk, the Danish global healthcare company. She started out her career leading the Insect Biology group at Monsanto and developing projects by using natural products and plant biotechnology.

Currently, Marrone Bio Innovations Inc. has three products on the market: Grandevo, a bioinsecticide; Regalia, a biofungicide, and Zequanox, which kills invasive mussels in rivers, lakes and water systems.

“They are very biodegradable and generally very safe to mammals and other animals, and plant don’t develop resistance. You can spray in the morning and be back in the fields by the afternoon,” Marrone said.

The company’s products boost a plant’s immune system and can get a “bump” in yields, particularly with soybeans and corn, she noted.

“All of our products are listed organic as long as the active ingredients, microbes and such, are not modified and as long as we use inert products,” Marrone said.

Her company has a group of 70 scientists working on research and development of new products. One is a biofumigant that kills foodborne pathogens and is “something we would partner out,” Marrone said. That product, currently without a formal name, is called “MBI 601″ and has been submitted to the U.S. Food and Drug Administration for approval.

In the U.S., she noted, “We still produce strawberries using toxic fumigants; in Europe, they have started moving toward growing things indoors using strawberries.”

Marrone indicated that her attendance at this week’s Indoor Ag Conference reflects the growing international interest in hydroponics (growing plants without soil) and aeroponics (growing plants in an air or mist environment).

The conference is being co-hosted by Newbean Capital and the Black Emerald Group and sponsored by Hort Americas.

Food Safety News

RBI revises Bank Rates

RBI/2013-14/468
DBOD.No.Ret.BC.88/12.01.001/2013-14

January 28, 2014

All Scheduled Commercial Banks
& Local Area Banks

Dear Sir,

Bank Rate

Please refer to our circular DBOD.No.Ret.BC.64/12.01.001/2013-14 dated October 29, 2013 on the subject.

2. Consequent to the increase in the policy repo rate under the Liquidity Adjustment Facility (LAF) as announced in the Third Quarter Review of Monetary Policy 2013-14 dated January 28, 2014, the Bank Rate stands adjusted by 25 basis points from 8.75 per cent to 9.0 per cent  with effect from January 28, 2014.

3. All penal interest rates on shortfall in reserve requirements, which are specifically linked to the Bank Rate, also stand revised as indicated in Annex.

4. Please acknowledge receipt.

Yours faithfully

(Sudha Damodar)
Chief General Manager

Encl: as above

—————————————–

Annex

Penal Interest Rates which are linked to the Bank Rate

Item

Existing Rate

Revised Rate
(Effective from January 28, 2014)

Penal interest rates on shortfalls in reserve requirements (depending on duration of shortfalls). Bank Rate plus 3.0 percentage points (11.75 per cent) or Bank Rate plus 5.0 percentage points (13.75 per cent). Bank Rate plus 3.0 percentage points (12.00 per cent) or Bank Rate plus 5.0 percentage points (14.00 per cent).

The post RBI revises Bank Rates .

Union Budget – 2013-14 Interest Subvention Scheme

RBI/2013-14/398 RPCD.No.FSD.BC.71/05.04.02/2013-14 December 4, 2013 To, The Chairman / Managing Director All Public & Private Sector Scheduled Commercial Banks Dear Sir Union Budget – 2013-14 Interest Subvention Scheme As directed by the Government of India and in pursuance of the budget announcement made by the Finance Minister relating to the Interest Subvention Scheme 2013-14, Interest subvention [...]

The post Union Budget – 2013-14 Interest Subvention Scheme .

Safeway Cites ‘Significant Interest’ in Dominick’s

PLEASANTON, Calif. — Safeway here said several parties have expressed interest in its Dominick’s stores as the company seeks to exit the Chicago market by early next year.

Speaking with analysts, Robert Edwards, president and chief executive officer, said the decision to dispose of the 72 Dominick’s locations was made only recently, “but we have begun the process of marketing assets and have received significant interest, so we’re continuing to work on that in earnest with a number of parties, and we’re pleased with what we’re seeing.  We hope to sell as many of the stores as quickly as we can.”


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He said the decision to exit Chicago came “after we looked at our sales, losses, market share and the resources we were allocating to support the business there and realized we were just not able to make as much progress as we would have liked, and we decided that reallocating our assets would provide better value to shareholders. “The disposition of assets in the Chicago market will eliminate a noticeable drag on our financial results and a significant gain on our resources.”

In prepared remarks, Edwards said, “The decision to sell Canada Safeway and to exit the Chicago market is consistent with Safeway’s priority of maximizing shareholder value. These actions will allow us to focus on improving and strengthening our core grocery business. We are continuing to review all of our businesses to optimize our allocation of resources, improve sales and grow operating profits.”

Read more: Activist Investor Pushes for More Asset Sales at Safeway

Asked by an analyst to define what Safeway regarded as core markets, Edwards demurred.  

“In deciding to exit Chicago, we took action in our lowest-performing division, but past that, I’m not willing to offer any detail,” he said. “Everything we do is designed to maximize shareholder value, and the sale of Canada, the partial IPO of Blackhawk and now the decision to leave Chicago demonstrates that commitment.

“We believe our strategy will work in our core business, and we are continuing to invest in that business, but we will continue to review our assets.”

Edwards made his remarks during a conference call to discuss financial results for the third quarter, which ended Sept. 7 — a period that excluded Safeway Canada, which the company lists as a discontinued asset, but that included Dominick’s, which will become a discontinued asset in the fourth quarter.

Overall net income for the 12-week quarter fell 58.1% to $ 65.8 million, while sales for the quarter increased 1.1% to $ 8.6 billion and identical store sales, excluding fuel, rose 1.9%.

For the 36-week, year-to-date period, net income declined 45.2% to $ 193.1 million, while sales fell 0.2% to $ 25.8 billion and IDs rose 1.6%. Non-fuel IDs during the first four weeks of the fourth quarter are running at 2.2%, Edwards noted.

The company said Dominick’s incurred a loss of $ 8.4 million for the quarter, compared with a loss of $ 6.2 million a year ago; and a loss of $ 21.5 million for the year to date, compared with a loss of $ 16.8 million for the 36-week period a year ago. For fiscal 2012 Dominick’s had a net loss of $ 31.5 million.

Safeway said its exit from Chicago will result in a cash-tax benefit of between $ 400 million and $ 450 million that it will use to offset cash tax expenses from the sale of its Canadian assets. Any other cash proceeds will be used to buy back stock and invest in growth opportunities, the company said.

The sale of Safeway’s Canadian assets to Empire Co., corporate parent of Sobeys, was announced in June and is expected to close during the fourth quarter.

Read more: Safeway Cashes Out of Canada

In other remarks during the call with analysts, Edwards said Safeway will seek to increase sales and enhance profitability by focusing on meaningful differentiation strategies to better serve its diverse shopper base, including efforts already underway to cluster center-store assortments to appeal to different demographics, including premium and Hispanic customers, “and [at stores where those changes have been made] we’re seeing sales increases significantly above the company’s average non-fuel IDs.”

He also acknowledged that a new strategy implemented in the third quarter — designed to focus on improving sales with less emphasis on controlling shrink — resulted in an unplanned increase in shrink levels in certain divisions.

“We have modified our shrink targets to support stronger core sales growth and to support improvements in merchandising assortment,” Edwards said, “and we believe excess shrink is no longer going to be an issue. Shrink results in the first four weeks of the fourth quarter have improved and are back in line with the targets we have established.”

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Pernicious practices of select banks deterring customer protection and accounting integrity

RBI/2013-14/292 DBS.CO.PPD No. 3578 /11.01.005/2013-14 September 17, 2013 The Chairman/Chief Executive All Scheduled Commercial Banks (Excluding RRBs) / Local Area Banks Madam/Dear Sir, Pernicious practices of select banks deterring customer protection and accounting integrity Please refer to our circular DBS.CO.PPD No. 17882/11.01.005/2012-13 dated June 19, 2013, wherein we had observed certain disquieting features in certain practices/products [...]

The post Pernicious practices of select banks deterring customer protection and accounting integrity appeared first on Corporate Law Reporter.

Italy: Low demand for garlic and scarce interest for the Chinese product

“Between the end of July and August 2013, Chinese garlic arrived in Italy but was met with scarce enthusiasm because prices, despite being lower than those of the domestic and Spanish product, are not much different,” explains Antonio Tuccillo, manager of Agrimpex Farming Srl, a company specialised in the distribution of garlic on the Italian market.

“In addition, we have noticed consumers are less keen on Chinese garlic despite lower prices. They tend in fact to prefer Italian and Spanish produce. Now, the biggest consumers of Chinese garlic are North European countries, and mainly Great Britain.”

The main country from which Italy imports is Spain, which during this season grew high-quality Spring garlic with good grades. Tuccillo adds that, “traditional white garlic has been having drying problems once again because of ‘Waxy Breakdown’ caused by the Fusarium Proliferatum infection which affects all three producer countries (Spain, France, Italy). This rot only affects white garlic and not the red or pink one.”

The Morado variety in Spain has also experienced quality problems as bulbs were rather irregular/misshapen with little peel, which had a faded almost-white colour. “Practically speaking, those characteristics that usually differentiate this variety from white garlic are less evident this year and therefore prices are lower and demand is scarce.” 

The average import price in 2013 varies around €1.00/1.50/kg, depending on the grade and on quality. Demand is scarce nonetheless and there is little interest.

 

Future perspectives
“Future perspectives are the real problem and matter of uncertainty,” says Tuccillo. “First of all, this year there is going to be a lot of unsold produce and many growers are going to be tempted to re-plant it, so production in Europe will increase, as it will do in China, which this year had the same problems as us.”


“Secondly, the diffusion of ‘Waxy Breakdown’ means growers are choosing early varieties more and more and are not keen on buying seeds certified as ‘virus-free’, as they do not guarantee a safe production. We are now in September and garlic from the previous campaign from both Spain and Argentina is still available. It’s going to be a vicious circle: in order to sell old stocks, prices will drop at the expense of the new produce.” There is going to be excessive produce but, if stored correctly in cold storage units, they can be sold next year. 

Finally, new produce from South America is going to be available already before the end of the year. “Will the European market be able to absorb this product or shall we not even import it? Operators who imported garlic from Argentina last year had to deal with big losses. Will they risk again?” Tuccillo asks himself.


Contacts:
Antonio Tuccillo
Agrimpex Farming Srl
S.P. Caivano – Cancello
Contrada Sannereto
80011 Acerra (Napoli)
Tel.: (+39) 081 3195185
Fax.: (+39) 081 5207510
Cell.: (+39) 335 7746265
Email1: [email protected]
Email2: [email protected]
Web: www.agrimpexfarming.it

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