The volumes of Chilean cherries shipped to the United States represents only 7% of Chile's shipments since cherry exports began in October. The largest volume (88%) was shipped to China (including Hong Kong).
Last week, the first prices of Chilean cherries were recorded in the US market, averaging $12,10 per kilo, being recorded almost two weeks earlier than last season. The almost zero supply of cherries in the US market allowed opening prices of almost $2 per kilo higher than those registered at the beginning of the 2021 season. Currently, movement is expected to increase, while trading is very active.
During the closing of week 45, rains were recorded in Chile, from Valparaíso to the Los Lagos region, which damaged some crops in production, including cherries. According to Iván Marambio, president of the Chilean Fruit Exporters Association (ASOEX), and Jorge Valenzuela, president of the National Federation of Fruit Producers (Fedefruta), the damage recorded so far is limited.
According to Valenzuela, the preliminary estimates of damage in the affected orchards do not exceed 10% of the early varieties.
Source: blueberriesconsulting.com