Asparagus markets have risen in the month of June, especially prices for larger sizes (extra-large and jumbo). Supplies are tightening as the domestic season winds down. New crop production has not reached full capacity in Central Mexico.
- The Washington and Michigan seasons are ending; a limited quantity of California product will remain available through the end of June
- Peruvian asparagus (shipped into Florida) is supplementing the market on the East Coast, but volume isn’t high enough to hold prices steady industrywide
- Peruvian quality is average but limited to East Coast distribution
- Production continues to ramp up in Central Mexico, although periodic rain events and Tropical Storm Celia will impede harvesting and impact crop maturation
- Mexican supplies have the strongest quality; product is exhibiting straight spears with firm tips and grassy flavor
- Expect industry quality to remain challenged for the next 7-10 days, and to improve in early July
- Prices will remain elevated through early July; with market is anticipated to stabilize following strong demand for the Fourth of July holiday
Please contact your Markon customer service representative for more information.
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