Corporate News

Welcome 2015

Dear Colleagues,

It's that time of year when we have hopefully forgotten the problems of the past year and are looking forward to the new crop.

To add some details to the declared Turkish crop expectation of 2.5-2.6 m mt, we are actually expecting 2.9 m mt from about 37,000-38,000 Hectares, at a yield of 75 mt per Hectare. Yields can vary up or down and so this gross figure may well change during the crop. From this we expect 300,000 mt to be used by the sun-dried tomato industry and while some will also go to the fresh market at different times some will come from the fresh market.

While this figure would be one of the higher crop tonnages for Turkey historically, stocks in the country are zero and exports, driven by Iraq and some other neighbouring countries are strong, and this figure will not prove to be excessive.

The first transplanting in the south (Torbali and Aydin) have been delayed slightly by rain and the weather is unseasonably cold, so we hope for a quick correction in the weather. First transplants in the North will not start until the 15th April, again subject to the weather.

Our next update will be when we know what has been transplanted.

Regards - Duncan Blake

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