UPDATE: Tropical Storm Patricia
October 21, 2015
Tropical Storm Patricia is expected to strengthen into a hurricane Thursday, October 22 before making landfall on the West Coast of Mexico on Friday, October 23. Wind damage and heavy rain totaling 6-12 inches (up to 20 inches in higher elevations) is forecast for the states of Jalisco, Colima, Michoacán, and Guerrero.
- Jalisco, Mexico is the main winter growing region of chile peppers, hard squash, and watermelon; neighboring Colima produces almost half of Mexico’s key lime crop
- Damage to young plants may cause shortages and high prices for December and January
- Moisture may get pulled into the south-central U.S. this weekend and add to heavy rain forecasts for Texas and nearby states
- Expect higher prices for commodities loading in South Texas next week
- Markon will continue to monitor the storm’s development and report any new activity
Please contact your Markon customer service representative for more information.
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