Execulytics Consulting has released its fourth edition of Produce Almanac. This fourth edition adds a five-year rate history for the key U.S. produce freight lanes. 

“2021 was a year like no other,” said Mike Mauti, managing partner of Execulytics. “Freight has become such a big part of the overall produce cost structure that the Produce Almanac had to include it. And it wouldn't be the Produce Almanac if it didn't include weekly predictions for those costs.” 

Some of the key features of the 2022 Produce Almanac are: 

• Exclusive 52-week product cost and freight rate predictions for 2022/23 

• Five-year weekly cost and freight rate histories

• Organic premium costs relative to conventional

Year over year retail prices by week

• More than 1,000 colourful graphs and charts

• Easy to read sourcing details

• Useful tips to drive sales and consumption

With logistics costs being one of the hot button issues for 2021, the Produce Almanac has responded by including weekly rate histories spanning five years for big U.S. market destinations on loads originating in California, Texas and Florida. The Produce Moneyball algorithm then determines 52 weekly projections for each of the 18 focus freight lanes.

“People often ask me how they can use the Almanac to up their game”, said Mauti. “My answer is always - use it to gain an information and planning advantage on your competitors. Take strawberries for example, costs have been on an upward trajectory for the last five years. Not only is that immediately evident by reading the Almanac, one can also obtain a week 20 cost prediction of $10.90 FOB. Advanced knowledge of this information for the May long weekend business can be vital in getting an edge on your competitors. Plus, the rate for a California truck to New York is predicted to be approximately $9,500 that week, knowing this allows professionals from all walks of the produce industry to plan their programs weeks or months in advance. Talk about taking it to your competitors.” 

Analytics-savvy organizations can purchase the 2022 Produce Almanac by visiting www.execulytics.ca/Produce-Almanac.

Source:   Execulytics Consulting January 24, 2022 news release