Today's Pricing

WATERMELON — F.O.B.S AS OF MAY 13

MEXICO CROSSINGS THROUGH NOGALES, ARIZ. — Crossings (705-766-766, seedless 683-751-759, seeded 22-15-7) — Movement expected about the same. Trading seeded slow, others moderate. Prices seedless 35-60 counts lower, others generally unchanged. Red-flesh seedless-type per pound 24-inch bins approximately 35-60 counts mostly 20 cents, 75-80s 14-16 cents; red-flesh seeded-type approximately 35-55 counts 12-14 cents. Flat cartons red-flesh seedless miniature 6-9s $7-9. Quality variable. Many present shipments from prior bookings and/or previous commitments.

LOWER RIO GRANDE VALLEY, TEXAS — Shipments (29-96-255, seedless 26-83-223, seeded 3-13-32) — Movement expected to decrease slightly. Trading very active at slightly lower prices. Prices 24-inch bins per-pound red-flesh seedless-type approximately 35-60 counts 28 cents, seeded-type approximately 28-35 counts mostly 21-22 cents. Quality generally good. Most present shipments from prior bookings and/or previous commitments at lower prices.

FLORIDA — Shipments (124-159-233, red-flesh seeded 16-29-53, red-flesh seedless 51-130-180) — Movement expected to increase as more growers start the season in central Florida. Harvesting slowed. Trading very active. Prices generally unchanged. 24-inch bins per-pound red-flesh seeded-type 35s 24-25 cents; red-flesh seedless-type 45 count 29-30 cents, 60 count 29-30 cents. Quality generally good.

IMPERIAL AND COACHELLA VALLEYS, CALIF., AND CENTRAL AND WESTERN ARIZONA — Shipments (AZ seedless 0-23-16, CA 0-26-78, seedless 0-24-73, seeded 0-2-5) — Movement from western Arizona, Imperial and Coachella valleys expected to increase seasonally. Trading fairly active at slightly lower prices. Prices slightly lower. Red-flesh seedless-type per pound 24-inch bins approximately 35 and 45 counts mostly 22 cents. Organic red-flesh seedless 24-inch bins per pound approximately 35 and 45 counts 35 cents; miniature carton 6s and 8s $20.50. Quality generally good. Harvest central Arizona expected to begin the week of May 27.



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News

PACA creditors can still file against EuroFresh

EuroFresh Produce suppliers who believe they are owed money from bankrupt EuroFresh Inc. under the Perishable Agricultural Commodities Act still have time to file claims.

EuroFresh attorney Fred Petersen said PACA creditors who billed the Willcox, Ariz.-based greenhouse grower before it filed for bankruptcy on Jan. 27 have until 30 days after the payment deadline on their invoices to file claims.

Peterson said there are less than 10 PACA creditors with total PACA debts of about $600,000.

Anyone who has objections to the PACA payment procedure OK’d by the judge in the Chapter 11 bankruptcy case must file by Feb. 22. The case is in the U.S. Bankruptcy Court in Arizona.

EuroFresh continues to operate despite the bankruptcy because of special permission granted by the NatureSweet judge. EuroFresh officials said in court documents they wanted to maintain operations pending the sale of the company to competitor NatureSweet Ltd., San Antonio.

A hearing on the bidding and auction process for the $51.1 million sale is set for Feb. 22.

Total claims against EuroFresh, according to court documents, are $69.5 million. Unsecured, non-priority claims total $10.7 million. Secured claims total $58.3 million.

An unsecured creditors’ committee is in place, composed of six creditors with the largest unsecured claims.

Those creditors are:

  • International Paper Co., Memphis, Tenn.;
  • Kent H. Landsberg Co., Buena Park, Calif.;
  • John Christner Trucking, Sapulpa, Okla.;
  • IFCO Systems US LLC, Tampa, Fla.;
  • Peter Dekker Installaties BV, The Netherlands; and
  • Southwest Gas Corp., Las Vegas.

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Julian De La Cruz    
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Nogales Az.  |  February, 14, 2013 at 11:59 AM

Explain non priority again?

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