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$11,000 Grapes Are a New Milestone for Japanese Ultra-Luxury Fruit One of Japan’s most notable ultra-luxury fruit varieties set a new record on July 9, when a single bunch of Ruby Roman grapes containing 24 individual ping pong ball-sized fruits was auctioned for 1.2 million yen—or more than $11,000. |
July 18, 2019 Dan Siekman |
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Promising New Domestically Bred Apple Varieties Achieve Chinese PVR Protection “Ruiyang” and “Ruixue” are said to be the most significant apple breeds to come out of Northwest Agriculture and Forestry University since it introduced the “Qinguan” variety in the 1970s. |
July 17, 2019 Dan Siekman |
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OECD-FAO Report: Big Potential for Latin American Fruit and Vegetable Exports Over the next decade there will be, “strong growth opportunities in high value fruit and vegetable crops provide opportunities for smallholders” in the region, amidst rising demand from export markets and shifting consumption within the region away from staples and toward meat, fruits and vegetables. |
July 16, 2019 Dan Siekman |
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China 2019/20 Mandarin Season: Lower Volumes, Higher Prices Expected With a month or two to go before China’s mandarin season starts in earnest, it appears that mandarin harvest volumes will be down compared to last season. Traders expect to see domestic prices for mandarins rise in response to the smaller 2019/20 crop. |
July 14, 2019 Dan Siekman |
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Turkish Cherry Exporters Have High Hopes for China The first shipment to China from this year’s Turkish cherry season was reportedly sent out from the city of Afyonkarahisar in western Turkey’s Afyon province on June 27. With recent news that Turkish cherries exported to China will no longer be required to undergo cold treatment, and US-China trade tensions reducing volumes and raising prices of US cherries in China, representatives from the fruit industry and government in Turkey have high expectations for the development of the China market in this and coming seasons. |
July 10, 2019 Dan Siekman |
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Walmart Plans to Invest $1.2b in China Supply Chain Logistics Walmart announced on July 1 that it intended to invest RMB 8 billion ($1.2 billion) in its supply chain logistics in China, including ”building or upgrading more than 10 logistics distribution centers” here over the coming 10- to 20-year period. |
July 09, 2019 Dan Siekman |
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First-Ever Sale of US Rice to China Announced The Sun Valley Rice Company, LLC, a member of the LaGrande Family Foods Group located in California’s Sacramento Valley, has become the first US rice company to finalize a contract to sell rice to China. |
July 08, 2019 Dan Siekman |
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In First Ever Store Closing, YH Super Species Shutters Shanghai Wujiaochang Branch On July 4, Super Species marked an inevitable but inglorious new milestone: the first closing of one of its stores. The Super Species Shanghai Wujiaochang store had originally opened in November of 2017. |
July 07, 2019 Dan Siekman |
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Domestic Air Freight and Hema Bring Fresh Apricots to Chinese Consumers The popularity and success in major Chinese cities of this season’s apricots from northwestern China’s Xinjiang region demonstrates the increasing viability in China of domestic air freight as a means of getting fresh fruit to market. |
July 03, 2019 Dan Siekman |
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China Announces Pilot Tariff Relief Program for Importers of US Goods The Tax Policy Department of China’s Ministry of Finance (MoF) has announced the launch of a trial program that will let Chinese importers of certain American products apply for temporary relief of additional tariffs added to those products by China during the trade conflict that has been ongoing between the US and China since March of last year—as well as to apply for refund of added tariffs the importer has already paid during that period. |
July 02, 2019 Dan Siekman |
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