Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.
Thanks!

Click here for a guide on disabling your adblocker.

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

Italy: Melinda expects good profits for producers

As reported by L'Adige, the general assembly of Consorzio Melinda has approved the budget for 2017/18. 

"The estimated value of €85 million (i.e. €0.72/kg) is excellent, however costs will affect profits more because of the lower production." Due to frost in 2017, harvests were in fact lower than average, with a lot of produce destined to the processing industry.



The average profit for producers is estimated at €0.476 with respect to the total apple production - higher than last year.

As for 2016/17, the total profit for the 16 cooperatives was €0.457 per kg for almost 400 thousand tons in total (398,984.906). Cooperatives paid their partners €0.457/kg, while the average profit for members with respect to the total apple production was €0.433/kg.
Publication date: