WAPA, the World Apple and Pear Association, has released the apple and pear stock figures from 1 July 2022. The figures show that in Europe apple stocks increased by 16.5 % compared to 2021 to reach 535,521 T, while pear stocks increased by 27 % to 27,535 T. In the USA, pear stocks reached 10,403 T (75.2 % above 2021).

WAPA, the World Apple and Pear Association, collects every month the stock figures for apples and pears from Europe and the United States. WAPA can reveal that European apple stocks stood at 535,521 T as of 1 July 2022, which is 16.5 % above the figure of 2021. This trend can be explained by the increases concerning Jonagold (108.4 % up from 2021), Gala (+ 29.4 %), Red Jonaprince (+ 25.3 %), and Golden Delicious (+ 13 %), although several varieties reported a decrease compared to 2021, most notably Gloster, which halved its stocks compared to 2021 and Granny Smith (- 33.8 %). Pear stocks stood at 27,535 T on 1 July 2022, 27 % above the volume of 2021 thanks to Rocha (+ 4,060 T compared to 2021) and Conference pears (+ 1,970 T). Pears stocks in the USA stood at 10,403 T (75.2 % above 2021), with Anjou pears reaching 9,223 T and Red Anjou pears also increasing from 2021 ( + 957 T).

WAPA, the World Apple and Pear Association, released the apple and pear stock figures from 1 May 2022. The figures show that in Europe apple stocks increased by 17.7 % compared to 2021 to reach 1,542,655 T, while pear stocks increased by 2.4 % to 155,401 T. In the USA, apple stocks as of 1 May 2022 stood at 785,260 T (+8.5 % compared to 2021), while pear stocks reached 45,758 T (50.5 % above 2021).

WAPA, the World Apple and Pear Association, collects every month the stock figures for apples and pears from Europe and the United States. WAPA can reveal that European apple stocks stood at 1,542,655 T as of 1 May 2022, which is 17.7 % above the figure of 2021. This trend can be explained by the increases concerning Red Jonaprince (65.6 % up from 2021), Gala (+ 56.1 %), Jonagold (+ 40.8 %), and Golden Delicious (+ 27.7 %), although several varieties reported a decrease compared to 2021, most notably Gloster (- 71.3 %) and Granny Smith (- 19.8 %). On the other hand, pear stocks stood at 155,401 T on 1 May 2022, 2.4 % above the volume of 2021. While the Italian varieties were down to zero, Portugal’s Rocha pears increased substantially (+ 30,678 T above 2021’s levels).

In the USA, apple stocks in May stood at 785,260 T (+ 8.5 % compared to 2021). Cosmic Crisp (+ 473.8 % compared to 2021), Granny Smith (+ 60.8 %), and Pink Lady (+ 22.8 %) compensated for the decrease in several major varieties, such as Fuji (- 27.3 %) and Red Delicious (- 9.3 %). Pears stocks in the USA stood at 45,758 T, which is 50.5 % above last year, with Anjou pears increasing by 51.3 %.

WAPA, the World Apple and Pear Association, released the apple and pear stock figures from 1 March 2022. The figures show that in Europe apple stocks increased by 8.6 % compared to 2021 to reach 2,935,962 T, while pear stocks decreased by 14.9 % to 388,495 T. In the USA, apple stocks as of 1 March 2022 stood at 1,275,346 T (+ 1.6 % compared to 2021), while pear stocks reached 111,912 T (37.7 % above 2021).

WAPA, the World Apple and Pear Association, collects every month the stock figures for apples and pears from Europe and the United States. WAPA can reveal that European apple stocks stood at 2,935,962 T as of 1 March 2022, which is 8.6 % above the figure of 2021. This was mainly driven by the increases concerning Red Jonaprince (54 % up from 2021), Jonagold (+ 27.9 %), Golden Delicious (+ 23.3 %), and Gala (+ 18.4 %), and despite the decrease in some major varieties, including Granny Smith (- 20 %) and Cripps Pink (- 14.9 %). On the other hand, pear stocks stood at 388,495 T on 1 March 2022, 14.9 % below the volume of 2021. The decrease in the Italian varieties (Abate Fetel – 97.8 % and Kaiser – 95.2 %) was partially mitigated by the stark increase in Portugal’s Rocha pears (+ 59,614 T compared to March 2021).

In the USA, apple stocks in March stood at 1,275,346 T (+ 1.6 % compared to 2021). The decrease among several large varieties, such as Fuji (- 20.8 %), Red Delicious (- 11.7 %), and Gala (- 9 %) was compensated by the 216.5 % increase in Cosmic Crisp apples, which reached 51.576 T, and the 36.5 % increase in the Granny Smith variety. Pears stocks in the USA stood at 111,912 T, which is 37.7 % above last year.

WAPA, the World Apple and Pear Association, released today the apple and pear stock figures from 1 February 2022. The figures show that in Europe apple stocks increased by 7.2 % compared to 2021 to reach 3,606,980 T, while pear stocks decreased by 30 % to 408,340 T. In the USA, apple stocks as of 1 February 2022 stood at 1,478,180 T (- 0.8 % compared to 2021), while pear stocks reached 149,553 T (31.9 % above 2021).

WAPA, the World Apple and Pear Association, collects every month the stock figures for apples and pears from Europe and the United States. WAPA can reveal that European apple stocks stood at 3,606,980 T as of 1 February 2022, which is 7.2 % above the figure of 2021. This was mainly driven by the increases concerning Red Jonaprince (35.9 % up from 2021), Golden Delicious (+ 22.5 %), Gala (+ 19.9 %), and Jonagold (+ 17.2 %), while several varieties decreased, including Cripps Pink (- 17.3 %) and Granny Smith (- 13.2 %). On the other hand, pear stocks stood at 408,340 on 1 January 2022, 30 % below the volume of 2021, mostly because of the large decrease in Italy (- 83.2 %).

In the USA, apple stocks in January stood at 1,478,180 T (down 0.8 % compared to 2021). The overall stability is due to the fact that Granny Smith’s 26.9 % increase over 2021 compensated for the decrease among several large varieties, such as Fuji (- 19.1 %), Red Delicious (- 12.6 %), and Gala (- 9.3 %). Pears stocks in the USA stood at 149,553 T, which is 31.9 % above last year.

WAPA, the World Apple and Pear Association, released the apple and pear stock figures from 1 February 2022. The figures show that in Europe apple stocks increased by 7.2 % compared to 2021 to reach 3,606,980 T, while pear stocks decreased by 30 % to 408,340 T. In the USA, apple stocks as of 1 February 2022 stood at 1,478,180 T (- 0.8 % compared to 2021), while pear stocks reached 149,553 T (31.9 % above 2021).

WAPA, the World Apple and Pear Association, collects every month the stock figures for apples and pears from Europe and the United States. WAPA can reveal that European apple stocks stood at 3,606,980 T as of 1 February 2022, which is 7.2 % above the figure of 2021. This was mainly driven by the increases concerning Red Jonaprince (35.9 % up from 2021), Golden Delicious (+ 22.5 %), Gala (+ 19.9 %), and Jonagold (+ 17.2 %), while several varieties decreased, including Cripps Pink (- 17.3 %) and Granny Smith (- 13.2 %). On the other hand, pear stocks stood at 408,340 on 1 January 2022, 30 % below the volume of 2021, mostly because of the large decrease in Italy (- 83.2 %).

In the USA, apple stocks in January stood at 1,478,180 T (down 0.8 % compared to 2021). The overall stability is due to the fact that Granny Smith’s 26.9 % increase over 2021 compensated for the decrease among several large varieties, such as Fuji (- 19.1 %), Red Delicious (- 12.6 %), and Gala (- 9.3 %). Pears stocks in the USA stood at 149,553 T, which is 31.9 % above last year.

WAPA, the World Apple and Pear Association, released the first apple and pear stock figures of 2022. The figures show that in Europe apple stocks increased by 5.1 % compared to 2021 to reach 4,308,683 T, while pear stocks decreased by 18.2 % to 661,587 T. In the USA, apple stocks as of 1 January 2022 stood at 1,674,042 T (- 2.7 % compared to 2021), while pear stocks reached 190,192 T (24.8 % above 2021).

WAPA, the World Apple and Pear Association, collects every month the stock figures for apples and pears from Europe and the United States. WAPA can reveal that European apple stocks stood at 4,308,683 T as of 1 January 2022, which is 5.1 % above the figure of 2021. This increase was mainly driven by Golden Delicious (up 19.5 % from 2021), Jonagold (+ 15.8 %), and Gala (+ 15.7 %), which compensated for the decrease in several varieties, most notably Granny Smith (- 12.5 %) and Cripps Pink (- 11 %). On the other hand, pear stocks stood at 661,587 on 1 January 2022, 18.2 % below the volume of 2021, mostly because of the large decrease in Italy.

In the USA, apple stocks in January stood at 1,674,042 T, down 2.7 % compared to 2021. This is due to a decrease among the largest varieties, such as Fuji (- 19.6 %), Honeycrisp (- 15.5 %), Red Delicious (- 12.5 %), and Gala (- 8.3 %), and despite significant increases for Cosmic Crisp (+ 147 %) and Pink Lady (+ 17.4 %). Pears stocks in the USA stood at 190,192 T, which is 24.8 % above last year.

WAPA, the World Apple and Pear Association, released the first apple and pear stock figures of the season. The figures show that in Europe apple stocks increased by 6,8 % compared to 2020 to reach 4,917,891 T, while pear stocks decreased by 27 % to 656,438 T. In the USA, apple stocks as of 1 December 2021 stood at 1,909,045 T (- 2,6 % compared to 2020), while pear stocks reached 224,278 T (21,6 % above 2020).

WAPA, the World Apple and Pear Association, collects every month the stock figures for apples and pears from Europe and the United States. WAPA can reveal that European apple stocks stood at 4,917,891 T as of 1 December 2021, which is 6,8 % above the figure of 2020, which reflects the 11 % increase in the crop. On the other hand, pear stocks stood at 656,438 T on 1 December 2021, 27 % below the volume of 2020, mostly because of the large decrease in Italy. In Europe, the final pear crop is 26 % lower than a year ago. For the USA, apple stocks in December stand at 1,909,045 T, down 2,6 % compared to 2020. This level is reflecting the lower crop in Washington States this year, which stands at just below 3.000,000 T, 4 % less than last year. Pears stocks in the USA stand at 224,278 T, which is 21,6 % above last year.

Amcor Limited and Bemis Company, Inc. announced that their respective Boards of Directors have unanimously approved a definitive agreement under which Amcor will acquire Bemis in an all-stock combination.

Combining these two complementary companies will create the global leader in consumer packaging, with the footprint, scale and capabilities to drive significant value for shareholders, offer customers and employees the most compelling value proposition in the packaging industry and deliver the most sustainable innovations for the environment.

The transaction will be effected at a fixed exchange ratio of 5.1 Amcor shares for each Bemis share, resulting in Amcor and Bemis shareholders owning approximately 71 % and 29 % of the combined company, respectively. This is equivalent to a transaction price of US$ 57.75 per Bemis share based on Amcor’s closing share price of A$ 15.28⁽¹⁾ on August 3, 2018, and represents a premium of 25 % to Bemis’ closing price of US$ 46.31 per share as of August 2, 2018⁽²⁾.

Overview of Amcor
Amcor is a global leader in responsible packaging solutions, supplying a broad range of rigid and flexible packaging products into the food, beverage, healthcare, personal care and other fast moving consumer end markets. Amcor operates around 195 sites in over 40 countries, with approximately 35,000 employees. For the year ended 30 June 2017, Amcor generated revenues of US$9. 1 billion and EBITDA of US$1.4 billion.

Overview of Bemis
Bemis Company, Inc. (“Bemis”) is a supplier of flexible and rigid plastic packaging used by leading food, consumer products, healthcare, and other companies worldwide. Founded in 1858, Bemis reported 2017 net sales of US$4.0 billion. Bemis has a strong technical base in polymer chemistry, film extrusion, coating and laminating, printing, and converting. Headquartered in Neenah, Wisconsin, Bemis employs approximately 16,000 individuals worldwide.

¹⁾ Equivalent to a US dollar share price of US$11.32 based on a AUD:USD exchange rate of 0.7411 as of August 3, 2018.
²⁾ August 2, 2018 being the last trading day prior to market speculation on August 3, 2018 in relation to a transaction between Amcor and Bemis.