Markets are elevated; industry volume is down 25-40% from the same time last year.

Mexico

• Central Mexico is the primary growing region at this time
  • Full production out of Central Mexico is expected slightly later than normal (late July)
  • Recent rains followed by a warming trend pushed spear production ahead of schedule
• Harvesting has wrapped up in Southern Baja
• Northern Baja (regarded as the premium asparagus growing region) will begin to open fields this weekend, easing supply pressure

Peru

• Volume is increasing week over week but remains lower than normal due to an early onset of El Nino weather patterns
• FOB pricing in Florida is comparable to that of Mexican product (crossing southern border)

Expect higher markets to continue through the summer months.

Please contact your Markon customer service representative for more information.

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