Diminishing demand for Californian Raisin
There’s enough supply to meet the demand for raisins grown within the 50-mile radius of Fresno, California. “Our 2016 production in September was excellent,” said Kalem Barserian, CEO of the Raisin Bargaining Association in California. Quality was also good and with the larger world supply Barserian says price has come down 31 per cent or roughly 0.25/lb. “That’s helped the movement domestically as well as exports. We’re seeing an increase in the domestic market by about four percent and the export market we’re up 10 percent.” The price has allowed California’s raisins to stay competitive with other producing countries like Turkey, Chile, Argentina and Australia. “We used to be about 50 percent of the world production. Now we’re about 25 percent. I’ve been in the raisin business for 52 years so I’ve seen quite a bit of change in the world situation.”
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