After complementing its purchase of Peru’s Agricole Don Ricardo in 2021 with an acquisition of Chile's Subsole, Frutura CEO David Krause spoke with The Grape Reporter about this strategic move and the synergies it brings.
Chile’s table grape season harvest has not suffered from weather issues like last year, but supply chain logistics have dashed hopes of a successful recovery and delayed arrivals to key markets.
Frutura adds another acquisition to its portfolio, this time Chile's largest supplier of table grapes to the U.S., Europe, and Asia, Subsole.
Table grape shipments are particularly affected in the height of the export season.
Chilean growers will have a new early and mid-season red seedless table grape variety developed in the South American country.
The last couple of months saw low volumes of all varietal groups, especially in white seedless and red seedless, which kept prices climbing throughout the period, with peak prices at $31.70.
The USDA published a report containing more details on the parameters for implementing a Systems Approach protocol following a visit from U.S. officials to inspect crops in Northern Chile.
The Peruvian table grape industry is forecast to export a record volume of fruit in the upcoming season, with the first estimate pegging shipments at 62.5 million boxes.
Rain and snow fell in the Atacama desert region in Chile last week, which affected an area that produces 10 percent of the country's table grapes.
Industry members are working together for system approach protocols to be allowed for shipments of the fruit into the U.S. this season.