UPDATE SUMMARY: Week of October 26. 2015
October 29, 2015
High bell pepper prices persist. The green bell pepper market will ease over the next two weeks; red and yellow bell pepper prices will remain elevated for several months. Prices for iceberg lettuce continue to rise as the Salinas Valley season concludes; tight supplies and elevated markets are expected through November.
- California’s San Joaquin Valley and coastal red bell pepper crops are winding down; harvests are ending sooner than normal due to early season heat and rain
- High bell pepper prices will persist, especially the market for reds and yellows; green bell pepper prices will start easing over the next two weeks as production increases in Coachella, California and Georgia
- Markon First Crop (MFC) Green Bell Peppers are available to load in California and Georgia
- MFC Red Bell Peppers are available in California, but supplies will be sporadic until production increases
- Red and yellow bell pepper markets will remain elevated for several months
- Adequate supplies of new crop Arizona/California desert grapefruit are on the market
- Florida and Texas grapefruit growers have started limited harvesting; small sizes dominate the crop
- Quality is good
- Fresh-cut grapefruit products will transition to the Texas Rio variety within the next two weeks
Green Onion Triggers
- Prices continue to rise due to tight supplies and strong demand
- Small sizes dominate most fields; large sizes are limited
- The market will remain high through Thanksgiving
- Industry supplies are very tight this week and will become even more limited by early next week
- Prices for iceberg lettuce continue to rise as the Salinas Valley season concludes and production starts in Huron, California and Yuma, Arizona
- Tight supplies and elevated prices are expected through November
Please contact your Markon customer service representative for more information.
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