2017 Tomato Paste and Processed Tomato Statistics · Exhibit 2 Annual U.S. Processing Tomato...
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2017 Tomato Paste and Processed Tomato Statistics
Transcript of 2017 Tomato Paste and Processed Tomato Statistics · Exhibit 2 Annual U.S. Processing Tomato...
2017 Tomato Paste and Processed
Tomato Statistics
Exhibit 1 California Tomato Paste Processing Capacity Comparison of estimated hourly volumes of tomato paste by packer Date: 2017
Exhibit 1a Annual Tomato Paste Processing Capacity (short tons/hour) Separates the information shown in Exhibit 1 by ownership structure Date range: 1991-2016
Exhibit 2 Annual U.S. Processing Tomato Production History Short tons of processing tomatoes produced in the U.S. Date range: 1918-2016
Exhibit 3 Paste as Percent of Total California Processing Tomato Crop Volume of Bulk Tomato Paste produced as a percent of California pack Date Range: 1972-2016
Exhibit 4 U.S. Tomato Paste Consumption Pounds of tomato paste consumed in the United States Date Range: 1962-2016
Exhibit 5 U.S. Tomato Paste Imports and Exports Pounds of paste in 31% NTSS equivalents imported and exported Date Range: 1970-2016
Exhibit 6 Industry Average Tomato Paste Production Cost Percent of costs spent on different parts of tomato paste production Date: 2016
Exhibit 7 Annual Historical Price of Tomato Paste Real and Nominal price per pound of 31% NTSS tomato paste Date Range: 1965-2016
Exhibit 7a Monthly Actual and Real Tomato Paste Prices Real and Nominal price per pound of 31% NTSS tomato paste Date Range: 1965-2016
Exhibit 8 Tomato Paste Price, Costs, and Processor Margins Inflation-adjusted prices for paste, tomatoes, hauling, and processing margins Date Range: 1985-2016
Exhibit 8a Graph of Tomato Paste Price, Costs, and Processor Margins Graph of information in Exhibit 8 Date Range: 1965-2016
Table of Contents
Exhibit 1
2017 California Tomato Paste Processing CapacityCalifornia produces 95% of the total U.S. processed tomatoes and represents
25% of the world’s total production.
Copyright 2017 by The Morning Star Packing Company
*Grower owned and controlled processorDefinitions: Marketers: plants making paste for the main purpose of selling it to another party Remanufacturers: make paste for use internally
Annual Tomato Paste Processing Capacity(short tons/hour)
TOTAL
SELF-MANUFACTURERS
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
Sh
ort
To
ns
per
Ho
ur
of
To
mato
es
Definitions: Self-Manufacturers: Companies that make paste predominantly for internal uses Private: Privately held companies that sell paste on the open market Grower: Grower-owned companies that sell paste on the open market
Total
Private
Grower
Self-Manufacturers
Copyright 2017 by The Morning Star Packing Company
Exhibit 1a
Copyright 2017 by The Morning Star Packing Company
0
2,000,000
4,000,000
6,000,000
8,000,000
10,000,000
12,000,000
14,000,000
16,000,000
19
18
1
92
0
19
22
1
92
4
19
26
1
92
8
19
30
1
93
2
19
34
1
93
6
19
38
1
94
0
19
42
1
94
4
19
46
1
94
8
19
50
1
95
2
19
54
1
95
6
19
58
1
96
0
19
62
1
96
4
19
66
1
96
8
19
70
1
97
2
19
74
1
97
6
19
78
1
98
0
19
82
1
98
4
19
86
1
98
8
19
90
1
99
2
19
94
1
99
6
19
98
2
00
0
20
02
2
00
4
20
06
2
00
8
20
10
2
01
2
20
14
2
01
6
Sho
rt T
ons
of
Tom
ato
es
U.S. Processing Tomato Production History(Crop Projection for 2016)
Exhibit 2
Copyright 2017 by The Morning Star Packing Company
R² = 0.9849
0
0.1
0.2
0.3
0.4
0.5
0.6
0.7
0.8
0.9
1972 1974 1976 1978 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016
Percent of Total California Processing Tomato Crop Packed as Bulk Tomato Paste
Exhibit 3
Copyright 2017 by The Morning Star Packing Company
R² = 0.98137
0
500,0
00,00
0
1,000
,000,0
00
1,500
,000,0
00
2,000
,000,0
00
2,500
,000,0
00
3,000
,000,0
00
1962 1965 1968 1971 1974 1977 1980 1983 1986 1989 1992 1995 1998 2001 2004 2007 2010 2013 2016
Po
un
ds
of
Tom
ato
Pas
te
U.S. Tomato Paste Consumption
Exhibit 4
Copyright 2017 by The Morning Star Packing Company
0
200,000,000
400,000,000
600,000,000
800,000,000
1,000,000,000
1970 1972 1974 1976 1978 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016
Po
und
s o
f To
mato
Past
e
U. S. Imports
U. S. Exports
U. S. Imports
U. S. Exports
U. S. Imports
U. S. Exports
U.S. Tomato Paste Imports and Exports(pounds 31% NTSS)
Exhibit 5
Copyright 2017 by The Morning Star Packing Company
2016 Estimated Industry AverageTomato Paste Production Cost
Exhibit 6
Copyright 2017 by The Morning Star Packing Company
0
50
100
150
200
Yea
r
196
5
196
7
196
9
197
1
197
3
197
5
197
7
197
9
198
1
198
3
198
5
198
7
198
9
199
1
199
3
199
5
199
7
199
9
200
1
200
3
200
5
200
7
200
9
201
1
201
3
201
5
Cen
ts P
er P
oun
d
Nominal (actual) Price of Tomato Paste
Real (Inflation Adjusted)* Price of Tomato Paste
*inflation adjusted to April 2014 CPI levels
Nominal (actual) Price of Tomato Paste
Real (Inflation Adjusted)* Price of Tomato Paste
*inflation adjusted to April 2014 CPI levels
Annual Historical Price of Tomato Paste(cents per pound of 31% NTSS)
Exhibit 7
*Inflation adjusted to April 2016 CPI Levels
Copyright 2017 by The Morning Star Packing Company
Monthly Actual and Real Tomato Prices (cents per pound of 31% NTSS)
Exhibit 7a
Copyright 2017 by The Morning Star Packing Company
Tomato Paste Price, Costs, and Processor Margins(in 2016 Prices)
Exhibit 8
Copyright 2017 by The Morning Star Packing Company
0
50
100
150
200
1965
1967
1969
1971
1973
1975
1977
1979
1981
1983
1985
1987
1989
1991
1993
1995
1997
1999
2001
2003
2005
2007
2009
2011
2013
2015
Re
al P
rice
Pe
r P
ou
nd
Tomato PasteTomato Paste
Tomatoes
Tomato Paste Processing Margin
Hauling
Real Prices to Processors, Growers, Truckers, and Tomato Paste(per pound of tomato paste equivalent)
Exhibit 8a
Copyright 2017 by The Morning Star Packing Company
Williams, California
Year Built: 1995Tomato Processing Capacity: 1350 Tons per Hour31% Equivalent Tomato Paste 450,000 Pounds per HourAnnual Potential Production of Paste Approximately 800 million pounds
Los Banos, California
Year Built: 1990Tomato Processing Capacity: 666 Tons per Hour31% Equivalent Tomato Paste 220,000 Pounds per HourAnnual Potential Production of Paste Approximately 440 million pounds
Santa Nella, CaliforniaLiberty Packing CompanyOrganic production all season long
Year Built: 1975, rebuilt 2002Tomato Processing Capacity: 1130 Tons per Hour (870 Paste/260 Diced)31% Equivalent Tomato Paste 300,000 Pounds per HourAnnual Potential Production of Paste Approximately 600 million poundsAnnual Potential Production of Diced Approximately 500 million pounds
Morning Star Tomato
Sourcing Areas
Our Products•Hot Break Tomato Paste (31% NTSS)•Cold Break Tomato Paste (31% and 37% NTSS)•Concentrated Crushed Tomatoes (26% and 28% NTSS)•Diced Tomatoes (3/8" to 1" cut)•Ground Tomatoes in Puree•Fire Roasted Diced Tomatoes (1/2" to 3/4" cut)•Custom Formulated Bulk Products
•Organic Hot Break Tomato Paste (31% NTSS)•Organic Cold Break Tomato Paste (31% NTSS)•Organic Diced Tomatoes (1/2" and 3/4" cut)•Tomato Puree (1.07)•Chili Sauce•Ketchup•Sun Dried Tomatoes
The Morning Star Company was founded in 1970 by Chris Rufer. At the time, Rufer was a truck driver, hauling tomatoes as a one truck
owner-operator. Since 1970, Morning Star has grown into the largest tomato
processor in the world, processing around 30% of California’s processed tomato tonnage. Years of dedication
to quality, customer service, and technology innovations has allowed us to become the industry leader in the
processed tomato market.
