UPDATE SUMMARY: Week of May 11, 2015
May 15, 2015
Harvesting for bell peppers, cucumbers, squash, and several other commodities will move north on both coasts over the next few weeks; expect unstable prices as production shifts from Florida to Georgia and mainland Mexico to California. Salinas Valley commodity prices are active this week; abnormally warm weather in the winter and early spring pushed harvesting ahead of schedule; although growers have made some progress in combating supply gaps, early May’s lower temperatures have prolonged availability challenges.
Bell Peppers, Cucumbers, and Squash
- Cucumber supplies are abundant; prices are low
- Squash supplies are ample; the market is steady
- Markon First Crop (MFC) and Markon Essentials (ESS) Cucumbers are available in Georgia and Mexico (into South Texas)
- Bell pepper supplies are ample in California, but tighter from Florida and Mexico
- MFC and ESS Bell Peppers are available in California and Georgia
- Expect active prices during the transition north over the next several weeks
California Central Coast Showers
- Thunderstorms and hail are forecast California’s Central Coast; rain will range from .25 to .75 inches in the Salinas and Santa Maria, California growing regions
- Growers of lettuces, strawberries, and tender leaf row crop items are packing orders ahead of schedule as much as possible in anticipation of the rain
- Continued harvesting and loading delays can be expected; some growers may cancel production entirely if field conditions remain too difficult
- Weather-related quality issues may develop including: bottom rot, bruising in strawberries, increased mildew pressure, premature pinking, reduced yields, shortened shelf-life, soft texture, and water damage in strawberries
Price and Supply Forecast for Salinas Valley
- An extended period of cool weather has slowed growth and limited commodity supplies in the Salinas Valley
- Ready-Set-Serve (RSS) Green Leaf items will remain at second-tier trigger levels through next Tuesday
- RSS Cauliflower items are expected to reach second-tier trigger levels by Monday, May 18
- Cauliflower prices will remain elevated for two to three weeks; green leaf will remain in a demand-exceeds-supply situation as growers are harvesting new fields as many as 10 to 14 days ahead of schedule
Please contact your Markon customer service representative for more information.
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