UPDATE: Declining Red Bell Pepper Prices
March 21, 2019
Red bell pepper prices are much lower; overall supplies have increased compared to two weeks ago. Mexico is the primary growing region with the bulk of supplies crossing into Nogales, Arizona.
Temperatures in Mexico are back to normal levels, increasing the maturity of red bell peppers
Yields have increased
Supplies crossing into the U.S. are up
Prices will continue to ease over the next two weeks (barring any major weather events)
Markon recommends keeping tight inventory to avoid holding high-priced product
Please contact your Markon customer service representative for more information.
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