DLJ Produce - Marketing Report Week of September 28th – October 4th 13260 Daum Drive City of Industry, CA 91746 626 330 – 6849 This will be the last week of harvest for most stone fruit growers. Supplies of yellow peach and yellow nectarine will carry into October in moderate numbers. Plum growers will finish harvesting the last of their Angelino black plum crop and work off of inventory. As stone fruit begins to wind down, new Fall items will start to be harvested. The CA apple crop will roll along steadily, with growers approaching their first harvest of Fuji and Granny Smith. Last week saw increased availability on Early Foothill pomegranates, with heavy volume right around the corner in October. As soon as we reach the cooler temperatures next month, persimmons and quince are expected to start breaking color and be ready for harvest. Crimson red seedless grapes will continue to see increased production as volume has hit its stride for the season. Some Scarlet Royale and Vintage Red varieties will remain on inventories. FOB prices will largely remain the same as growers try to continue to push volume, with only a small increase seen on premium XL fruit. The green grape crop will roll along steadily as growers have finished harvesting the last of their Thompson crop. Shippers are expected to break into their 16 lb. storage green grapes by the mid- October. Red Globe availability will remain consistent all the way through the end of October and Autumn Royal black seedless will continue to pick up steam as more growers harvest their first run of the field, roughly 2 weeks later than a normal season. CA STONE FRUIT PEACHES We will see the end of the yellow peach season come near as growers will finish harvesting Autumn Flame variety by the end of the week. Availability will carry us through the first couple weeks of October, with other specialty varieties like Last Tango being added to the mix. Volume fill sizes will remain very limited for the remainder of the season thanks to the fruit large size. Quality will remain strong as we finish the season. The last of the September Snow white peach will clean up on inventories this week, with only limited tray packs remaining to ship. Overall, the 2010 season was a battle for the CA peach farmer as he fought heavy supplies of local peaches on the East Coast. Demand is expected to increase as growers start limiting unnecessary production by digging out orchards. NECTARINES The last of the yellow nectarine crop will be harvested this week, with good volume remaining on inventories. Supplies of September Bright will remain available through the week and is expected to carry supplies into October. Small volume fills will slowly start to disappear and will leave large size tray packs behind. Quality will remain fantastic and supplies are expected to hold through October 8th. This will be one of the latest yellow nectarine seasons to date thanks to the 8 – 10 day late start we experienced this season. The last of the white nectarine crop has been harvested and inventories are expected to be clean up by the end of the week, signaling an end to the 2010 season. PLUMS Black plum availability will remain considerably higher than expected for an average season. Increased volume on varieties leading up to the Angelino harvest has created a glut of supplies in late September compared to an average season. This has helped to fill the natural gap that always occurs between these varieties and will help keep FOB prices at a reasonable level. Expect FOB prices to slowly increase as we approach October, but not to the original level anticipated. Currently, supplies of large size tray packs are available in good numbers. Smaller fruit has become very limited, with growers peaking on larger sizes. Good supplies of black plum are expected to carry all the way through most of September into the first couple weeks of October. Growers will continue to harvest their Holiday and September Yummy varieties of red plums. Expect FOB prices for red plums to remain just slightly higher than their black counterpart due to limited volume on the horizon. Supplies will remain available leading into October, but are expected to finish earlier than the late season Angelino crop. Quality will be very strong on what remains of the crop thanks to mild weather so far in September. This will be a good week to promote both colors of plums before the end of the season. POMEGRANATES Volume will finally start to arrive on the 2010 pomegranate crop. Supplies of pomegranates have become more readily available thanks to increased acreage coming into production. Size was a struggle at the onset, but more 36 size tray packs are starting to be harvested. Early Wonderful variety is expected to start by the end of the week and the heaviest volume of the season is not expected until mid-October once the Wonderful harvest gets going. Quality and crop volume is expected to be fantastic this season with an increased demand at the consumer level as more people become proponents of the pomo’s antioxidant power. CENTRAL VALLEY GRAPES As more Crimson red seedless start to break full color, volume will reach its peak during the middle of the week. Vintage Red and Scarlet Royale will continue to be harvested / shipped in small numbers as we reach their last week of promotions. FOB prices will remain consistent until the end of the week and the market is expected to slowly increase on quality fruit. Growers will harvest fresh into 19 lb. cartons as well as stash fruit away in pick totes for late later house pack use in November. Overall quality is expected to be remain strong this season, but growers are waiting to see if they see the same 2nd and 3rd pick quality issues they fought in the Flame crop. The Thompson crop will see its last harvest of the season as shippers clean up their 19 lb. crop and get ready to break into storage grapes. Expect FOB prices on green grapes to remain lower than the red, at least for the time being, as volume is more prevalent. Once shippers break into their storage Thompson crop, expect FOB prices to increase and reach an equilibrium point. Less 16 lb. Thompsons have been harvested this season compared to years past due to the increased volume of the Autumn King and Luisco crops. Autumn King will begin harvest by the end of the week and the grapes naturally large size is very impressive. The first pick of the Luisco variety is not expected until the end of the month. The Autumn Royale crop will be in full swing by the end of the week, with good size and color starting to arrive. Growers will slowly transition into volume on Autumn Royals as we progress through October. FOB prices will remain consistent as blacks do not see the same kind of demand as their red / green counterparts. The upcoming Autumn Royal crop looks to be outstanding in size and quality once the volume starts to arrive from the field. Expect supplies to carry the crop all the way through mid-November or possibly even December since the season saw a 10 – 14 day late start. CHILEAN CITRUS October will see the last promotable month for Chilean Navels. All fruit being imported after the marketing order are inspected for quality and sugar levels, and the fruit has proved to be outstanding. The last arrivals of the season will hit by the end of the week and shippers will work off of inventory. Supplies are expected to carry into November, when the CA navel crop begins. Quality will remain outstanding in the time being as should create a fluid transition in growing regions. Now is your last chance to promote!