Where Great Meals Begin

Market Report for Week of December 9th

By on Dec 10, 2019 in MARKET REPORT | 0 comments

 

  • The Asparagus market remains steady this week. Good volume coming in from Peru and Mexico. Quality is good from both regions. Expect the market to remain steady going into next week.
  • Avocado markets are stable and supplies are plentiful. 48’s and larger continue to be stronger than 60’s and smaller. Expect to see this trend hold over the coming weeks. Demand remains steady but should begin increasing as we move closer to the holidays.
  • Plenty of Banana supplies from now until mid-month, then we might be in a situation where supplies will be tougher to come by. This situation may remain until week 6-7 of 2020. Good supplies on organics, no major issues for the balance of the year. Finally, plantains still remain super tight and expected to remain tight until later this month.
  • Blackberry supply is on the rebound and is expected to improve as weather in the growing region continues to improve. Supplies from other regions is light but steady and will continue to increase throughout December. Expect to see a more balanced position within two weeks. Blueberry production from multiple growing regions has been solid. Expect volume to stay steady in December. Raspberry production from the South was impacted last week with recent rains, but supply is still steady and should remain that way with current weather patterns holding.
  • Broccoli supply and quality continue to be solid as desert harvested product is in full swing. Expect to see no escalation and a steady supply to match steady demand. Quality has been reported as great.
  • Brussels Sprout supplies are holding steady for this week. Growers are anticipating a very good Holiday pull, the market will remain active as we move through December leading up to Christmas.
  • Cabbage supplies and quality have been reported as steady and fair to good on both red and green cabbage.
  • Good quality on Cauliflower has been reported by multiple growers and market pressure has fully released. Supply has reached volume and good weather reports next week should add to excellent supply and quality.
  • We have finally seen some relief on the Cantaloupe front. Supplies have started to build up on the east coast following the holiday week which has allowed the market to settle. Sizing has been primarily in the 9/12 range with some larger fruit. Quality remains very consistent with brix levels holding steady in the 11-14% range. Just like cantaloupes, Honeydew availability will finally begin to step up by the end of this week. Relief from a limited market is finally around the corner and everyone’s patience and flexibility is appreciated. Quality is strong with solid brix levels in the 11-15% range.
  • Celery supplies are limited this week. Production will be going through a transition in about 3-4 weeks’ time. We expect volumes to improve at that time. Prices are still escalated.
  • Corn supplies are tight and pricing is higher this week. Cold weather in the growing areas have created a gap out East. In the West, production is winding down due to the weather. Expect limited supplies for the next week or so.
  • ON THE RADAR: Rain has kept harvesters out of the Cucumber fields for 3-7 days which created a large supply gap. Some areas are finishing up production and we’re still 3-4 weeks from import new crop. Expectations on yield are down to about 50 percent due to the wind and rain leading to potential scarring and quality concerns. Expect to see an increase in market pricing due to lack of supply for the rest of December and leading into January.
  • The Eggplant market is somewhat steady this week. Higher out East due to production winding down and the South just starting up. Western supplies have fair quality, and they should wrap up over the next week or so. Import supplies are steady with decent quality.
  • Domestic Red Seedless Grapes quality and condition are good as they are getting packed to order on most cases. Supplies should be available until shipping the week of Dec 16th. Import Green Seedless Grapes have higher market pricing and are climbing as demand exceeds supply in the coming weeks.
  • ALERT! Green Bean prices have remained escalated even after the Thanksgiving holiday. Demand has dropped off some. Due to limited supply, the green bean market is still on alert, but an increase in harvesting will release some of this pressure moving forward. Expect this to stabilize as we continue to move through the month of December. Quality has been reported as good to excellent.
  • Chervil & Tarragon are limited this week due to quality issues. All other herbs are expected to remain steady with good quality. Cilantro supply has improved and product quality is fair-good. The move south has allowed supply to meet demand and hold the market steady. Expect this to stay steady in the coming weeks.
  • Kale supplies have remained steady. Good quality reported with multiple growers. Expect market to remain steady for the next few weeks.
  •  ALERT! Iceberg Lettuce supply has picked up but is still on watch due to rain. Growers are showing better harvest numbers and expect for this to continue as the forecast looks sunny next week. Head size is running on the smaller size in order to avoid quality issues from rainfall. Plan for markets to release some in the coming weeks.
  • ON THE RADAR- Romaine has begun to rebound and has seen good supply this week. We’re expecting good supply in the coming weeks. With the slightly colder temps and some rain last week, there has been some slight fringe burn and peel on romaine. As weather continues to look solid, we anticipate better numbers in the coming weeks. We will keep our eye on romaine until a full rebound from recent supply issues.
  • Green Leaf and Red Leaf Lettuce production transition to Yuma is complete. Product volumes have been in good supply and also good quality. With better weather on the 10-day forecast, we expect to continue to see good volumes in the coming weeks.
  • The Lime market and supply is currently steady but we can expect to see a rise in the coming weeks with a slight increase in pricing and possible reduction in supply while demand will continue to stay steady. We have seen the 200’s market price increase in relation to other sizes. Lemons are steady this week. Very little fluctuation from last week with pricing in multiple markets. Smaller fruit remains more readily available; however, no supply issues have been reported and quality has been solid.
  • The Onion market remains steady and has slightly lower markets than what suppliers were anticipating. Medium size is a soft spot in the market with heavy volume available. Nothing is indicating a sudden shift with the current trend on onions. We have Red Onions, Jumbo Yellow and Red Onions available with good volumes. Green Onion supplies are steady this week, growers are anticipating a bigger demand for Green Onions as we continue through the Holiday. Expect the market to remain steady or increase slightly due to higher demand.
  • California Navel Oranges are in full swing and showing volume across the board. All sizes are in excellent supply but mostly peaking on 56s and 64s. Market price has remained consistent over the past two weeks. Florida has seen cooler evenings recently which has helped with color and flavor as the season moves forward.
  • Green Bell Pepper market is steady this week. Steady supplies and good quality from both areas. The market on Red, Orange and Yellow Bells is higher this week. Supplies are tight due to transitioning in the West coast. East coast production continues but quality reports of some bruising. Southern growers are slowly starting with volume and quality is good. The pepper market has remained steady even with supplies being lessened due to recent rain. Chili Pepper supplies out of the East remain steady, with good quality. Supplies out of the west remain lighter this week due to higher demand and a transition in harvesting fields. Jalapenos, Poblano, and Anaheim Peppers out west remain light. While Serrano and Tomatillos both have steady supplies. Expect supplies to improve in a couple of weeks.
  • ineapple volumes are expected to improve along with demand in order to cover holiday pulls. We are expecting volumes to remain healthy until the end of the year with the fruit trending large.
  • EXTREME ALERT! Fresh Potato shipments from the 2019 crop are likely to fall 11.19 million cwt short of 2018 movement. Expected shipments would be the lowest in modern history. Russet table potato prices have exceeded year-earlier values by an average of 70.6% in past years when fresh shipments have fallen more than 5% short of year-earlier movement. The potato market is steady from last week but still on EXTREME alert. 40-70 count Russets are extremely limited. This is a tough time with holiday pulls, not only on supply but also on trucks as freight is up as well. We recommend flexibility on sizing to get through the holidays and we will continue to monitor the situation and keep you updated on this unprecedented market.
  • The Squash market is steady to higher this week. Supplies are tight both out of the east and west. Southern growers are producing fairly good supplies with good quality, but pricing is higher due to the weather and seasonal decline. Reports of some quality issues like wind scarring. Import pricing is higher this week as well, due to the weather issues. Expect to see a tightened market with scarring and scuffing due to heavy rain and wind.
  • Historically (7-year USDA data) late fall and early winter produces the lowest Strawberry yields and production due to sporadic weather and transitioning growing regions. On top of historically low production, heavy rain last week and showers over the weekend have quickly halted normal Western production and will leave the market empty until new crop begins in late December or early January. With Western production ending early, the demand will lean on Southern production but will enter a demand exceeds supply situation. Production is a week or two behind normal schedule, leaving volumes light. Import production has been small and overall quality has been only fair due to rain and humidity over the past few weeks.
  • Tomatoes are on alert due to rain in the growing region. Major rain has caused state of emergencies in most regions where this crop is currently being harvested. This combined with abnormally hot fall growers have lower yields for December harvest on East Coast programs. East Coast Round Slicing Tomatoes and Roma Tomato yields were significantly lowered due to fall heat. Both are struggling moving into next week due to lower yields and storms cutting production. Grape Tomato programs are stable but leaning towards the lighter end and will continue into the coming week.