Where Great Meals Begin

Market Report for Week of January 6th

By on Jan 8, 2020 in MARKET REPORT | 0 comments

 

  • ON THE RADAR— Asparagus is going through a transition in growing regions. The market continues to tighten up and we anticipate this trend to continue for a couple weeks. West Coast imports are struggling in comparison to import product landing on the East Coast. Markets are beginning to spike and supply is becoming short, especially on the West Coast.
  • Avocado markets are stable and supplies are plentiful but the market will begin to see activity leading up to the Big Bowl Game. Additionally, a truck shortage has led to some instability in the avocado market.
  • Banana and Plantain supplies are tight and are expected to remain so until mid-February.
  • Blackberry production has been and will continue to be strong for the next two weeks. As we reach the end of January, supply will decrease and markets will become more active. Blueberry production is going through a growing region transition. Expect volumes to remain steady in the coming weeks. Raspberry supply is steady and should remain that way with current weather patterns holding. Production should increase as we move away from the holidays.
  • ALERT! Broccoli supply has been light this week due to cooler temperatures. Harvest schedules have been impacted and delayed due to plants not maturing on time. Markets are currently escalated but will loosen up over next week.
  • Brussels Sprout supplies are holding steady and production has been good. With holiday pulls over and good weather on the forecast, we expect to see a steady brussels market.
  • Red and Green Cabbage are plentiful. We anticipate this to remain moving forward over the next couple of weeks with good weather on the forecast.
  • Jumbo Carrots have continued to be tight nationwide. Overall sizing has slowed leaving supply somewhat limited due to colder weather. We will keep a close eye on how supply progresses in the coming weeks. We have seen a limited market but overall a release as the new year has begun.
  • Good quality is reported by multiple Cauliflower growers and market pressure has fully released. Supply has been steady with a slight hiccup with colder temperatures last week. With good weather on the forecast, we expect this category to continue to improve.
  • Cantaloupe import product has continued to show good sizing and quality remains very consistent with solid brix levels and good supply. Start of the import season has shown larger sizing with good volume in. Expect a stable and solid few weeks ahead. The Honeydew market will remain active next week as growing conditions are limiting availability.
  • Celery supply continues to be steady and is increasing with the growing region in full swing. New crop celery will begin next week which should help to keep supply and demand balanced. Growers are expecting some release as volumes continue to increase. Sizing has been slightly smaller.
  • Corn supplies are still limited this week as suppliers attempt to catch up from the recent shortage. Expect high markets for the next two weeks or more. Quality is good to fair.
  • Cucumber supplies are on the tighter side due to previous rains in all growing areas. Cucumbers are rebounding but product will remain on watch until supply and quality can catch up and stabilize after continued rain in growing regions over the past month. New crop production has begun and will continue to help with short supply in the coming weeks.
  • Eggplant supplies and prices remain steady. Solid production from multiple growing regions.
  • Grapes markets are still high. Red Seedless Grape market is up on import product with limited but increasing supplies. Green Seedless Grapes are available but overall supply is limited.
  • Beautiful weather in the growing region has brought more Green Bean harvesting with quality being good to excellent. The green bean market is on pace to return to normal over the next week.
  • Chervil & Basil are limited this week due to weather issues in the growing areas. Supplies are expected to improve next week. All other herbs are expected to remain steady with good quality.
  • Kale supplies have remained steady and are looking good with numbers in the coming weeks. Good quality reported by multiple growers.
  • Iceberg Lettuce is on the radar. Growers have been keeping an eye on the colder temperatures over the past week. Production crews are cleaning heads at field level to help with consistent quality and yields. No supply issues yet with filling orders but markets will continue to be escalated until field level quality issues are worked through. Romaine has rebounded but is also still heavily on watch due to colder temperatures leading to possible discoloration and quality issues. Field QA teams are heavily monitoring harvests until warmer weather arrives this coming week. Green Leaf and Red Leaf Lettuce has had good supply and also good quality. Product was not as affected by colder temperatures like romaine was this past week. With good weather on the 10-day forecast, we expect to continue to see good volume on green and red leaf in the coming weeks. Arugula production has been impacted by rains and cooler than normal weather. Holiday demands and reduced labor hours have created for a more active market. Processors are reporting that they are focusing on quality as they work though product impacted by weather.
  • Lime market and supply has continued to climb and will remain active, especially on smaller sizes. Limited harvest over the holiday and overall instability have led to tighter supply and increased pricing. We anticipate the market to stabilize in the coming weeks. Lemons are steady this week. Very little fluctuation from last week. Peak sizing on smaller fruit with tighter supply on 95s and 115s.
  • This week showed an increase on Yellow Super Colossal Onions and Colossal Onions. Smaller sized product also saw increases. The increase happens as pack houses take time off during the holiday breaks. As the month of January unfolds, we anticipate further increases in pricing as pack houses work through previously harvested product and cull through product. Green Onion supply has dropped due to decrease in labor over the holidays. There is an expectation for the market to rebound in the coming weeks with the holidays behind us, but for now green onions are ON ALERT.
  • The Orange market is still flush and seeing low prices across the board. Better pricing on smaller sized fruit, with choice and premium garnering the higher end of the market. No signs of immediate change in the orange market in the upcoming weeks.
  • Bell Pepper production has been hampered by heavy rains and flooding. Growers have noted that it will take another 2 to 3 weeks to recover. New Crop supplies should ramp up in the weeks to come. Additionally, production has been impacted by labor shortages associated with the holidays. The Chili Pepper market is steady this week with good supplies in the east and west. Jalapeno, Anaheim, Poblano Peppers, and Tomatillos are in good supply with good quality. Good demand and good quality. Expect the markets to remain steady into next week.
  • No market concerns for Pineapple and product quality has been great. Expectation is for this to continue into the new year with fruit sizing up on the larger size.
  • EXTREME ALERT: The Potato market remains extreme, the only change is a release from holiday demand. Most of the market remains steady on pricing but with very limited volumes. Seeing quality concerns in certain areas based on conditions during harvest. We have a long road to go this season. We recommend flexibility on sizing to get through this extreme situation and we will keep you updated on this unprecedented market.
  • Squash production has decreased over the past week. Overall, quality has improved this week and has been decent on Zucchini and Yellow Squash, outside of some minor scarring. In the West, there has been consistent production on all soft squashes. With some better weather patterns in the forecast and holiday labor issues in the past, we hope to see a slight increase in the numbers over the next few weeks.
  • ALERT! Winter time Strawberry supplies are still tight. Growers are expecting production increases now that the holidays have passed. Multiple growing areas have experienced rain and more is in the forecast for this week. This has resulted in lower than normal production and production volumes will remain spotty. Production is increasing along with improved quality.
  • EXTREME ALERT! Tomato Supplies are tight out across the board. Production has been impacted by rain and cooler than normal temperatures in multiple regions. Supplies and pricing will slowly come down as production increases during the next few weeks.