To our valued customers: You have heard about the trade dispute and new tariffs being applied to imports of every kind. Now in effect is a 10% additional tariff on virtually every product from every country we import from, except China. There is currently a 30% additional tariff on Chinese products as of this past…

Coconut Worldwide supply of coconut remains tight due to the heavy rains and flooding caused by La Niña. These severe weather conditions have caused shortages of raw materials in key producing countries including Indonesia, Vietnam, and the Philippines. As global demand continues to increase, supply continues to tighten. Pineapple This year, the Indonesian total raw…

I want to make you aware of how the Tariff increases announced on April 2, 2025 will affect us, and everyone downstream in our supply chain. Prices are increasing commensurate with these new increases in Tariffs. The tariff increases are on the value in the country of origin, and added to all other costs involved…

State of Worldwide Supply Chain Ocean freight rates continue to fluctuate, but have decreased since peak market rates during the summer. Factories in China will be closing for several weeks for Chinese New Year, which is on January 29, 2025 (Year of the Snake), so vessel space will remain tight. Potential new tariffs and the…

Maraschino Cherry Crop Winds Down The Rainier, Imperial Wichita, and Prunus Avium varieties of cherries used to make Maraschino cherries have been harvested in the Pacific Northwest of the United States and Europe. Crop yields are comparable to last year, so supply will remain secure and pricing will be stable. Farro Crop Delayed Due…

The Saffron Market continues to be very strong due to lack of global inventory. Severe droughts substantially hampered the 2023 Saffron harvest. The average annual harvest is estimated at 500,000-600,000 lbs, while this year resulted in less than half the volume (approximately 250,000 lbs). The effects of the short harvest have been punishing on the…

Cherry Harvest Underway The cherry harvest in Europe and the Pacific Northwest of the United States is underway. Early indications are that the crop will be more bountiful compared to recent years, although it’s still too early to know what the yield will be until the crop is successfully completed. Expect new crop pricing…