Canned pumpkin shortage is finally over

September 28th, 2010 - 8:28 pm ICT by Aishwarya Bhatt  

Sep 28 (THAINDIAN NEWS) Two retail giants have confirmed through their representatives that people who want to prepare desserts during the festive season may be able to get access to as much canned pumpkin, as they may require.

Frank Guglielmi, Meijer’s representative stated that the pumpkin industry has sort of recovered from the shortages experienced last year. However he did add that even though there is no evidence of shortage now, the situation may change in a month.

It may be recalled that last year, canned pumpkins became very scarce around Thanksgiving and the shortage pushed its price to about $6 of $7 per can, which is way over its original price.

Nestle, the number one manufacturer of canned pumpkins stated that consumers have been bombarding their customer service lines with call enquiries ever since last year’s shortages. Studies by IBIS World indicate that about $141 million worth of canned pumpkins are sold in the US annually and 80 percent of that amount is sold from October to December.

In the past, Nestle used to harvest enough pumpkins to cater for the demand but last year, most of the harvested crops in its farm at Morton, Illinois experienced twice as much rain and many of the plants rotted in the farm.

Tags: , , , , , , , , , , , , , ,

Posted in World News |