Nestle expects to fall short on canned pumpkin supply

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Glendale-based Nestle USA expects to run out of its popular Libby’s canned pumpkin product ahead of Thanksgiving because of flooding that devastated farms in Morton, Illinois, the “pumpkin capital of the world,” the company said in a statement.

Nestle, which dominates sales for the canned goods, controlling about 85% of the market by most estimates, will fall short of meeting its delivery goals in time for meeting Thanksgiving demand for the key ingredient used in pumpkin pies, the company said.

Heavy rains during the 13-week harvest were to blame for the shortage, the company said.

“If only we could have changed the weather,” Paul Bakus, vice president and general manager of Nestle baking, said in a statement.

Although Nestle expanded its farms in 2008, “this year, heavy rains saturated the pumpkin fields, making it nearly impossible for tractors and other equipment to operate,” the company said.

From the Nestle statement:

As a result of the weather and the company’s commitment to picking and packing only quality fruit, the 2009 inventory of canned pumpkin will be smaller than planned. Nestle is continuing to ship the last of the already canned inventory. When it is gone, there will be no more pumpkin available until the 2010 harvest.  This is why the company believes a shortage of Libby’s pumpkin is likely.

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Written by Zain Shauk

November 24, 2009 at 9:26 am

Posted in business

Tagged with , ,

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