UPDATE SUMMARY: Week of March 21, 2016
March 24, 2016
Asparagus production is winding down in Northern Mexico and will transition to California soon. Peruvian supplies (into Florida) will increase as the Mexican season wraps up. Expect the market to maintain near-current levels for the next two weeks. Supplies of Idaho Burbank and Norkotah storage potatoes are adequate; remaining stocks are dominated by small potatoes (70- through 100-count sizes). Heavy rain in Florida during their planting and growing season will affect spring tomato crops; estimates indicate production will decrease 35% for the month of April and May.
- Production is winding down in Northern Mexico; most growers will finish harvesting by the first week of April
- California supplies will reach peak volume in early April
- Markon First Crop Asparagus is available
- The market is expected to remain steady for the next two weeks, then spike the first week of April as California becomes the main production region
- Supplies of Idaho Burbank and Norkotah storage potatoes are adequate
- Prices are expected to remain relatively steady
- Remaining stocks are dominated by small potatoes (70- through 100-count sizes); large sizes (40- through 60-count potatoes) are not as plentiful
- Norkotah volume will start to diminish over the next several weeks; expect the storage crop to be depleted by the first week of May
- The Northwest onion season in Idaho, Oregon, Utah, and Washington will run through April; sporadic stocks from Mexico are crossing into Texas
- The Texas onion crop has begun in a limited capacity as well, but rainy conditions and lower overall acreage will prevent stocks from reaching ample levels
- Fresh-run onions that are grown in California, New Mexico, and Texas possess flakier skins, spongier texture, and lighter color compared to Northwest storage onions
- Expect prices for all colors to inch up slightly by early April
- Heavy rains during Florida’s planting and growing season will affect the availability of spring tomatoes; Mexico’s open field season is expected to end a month earlier than normal
- Prices for mature green and grape tomatoes are elevated in Florida; Roma markets are steady
- Current quality is good, however cloudy skies and rain storms are expected over the next 7 to 10 days, which will further limit production and impact quality
- The new crop mature green tomato season will ramp up in the Ruskin and Palmetto regions by mid-April, bolstering volume through spring
Please contact your Markon customer service representative for more information.
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