Eastern green bell pepper prices are expected to increase due to freeze-related supply shortages in Florida. Meanwhile, improved volume from Mexico is likely to shift demand to Western markets. Markon First Crop (MFC) and Markon Essentials (ESS) Green and Red Bell Peppers remain available.

Green Bells

• Florida growers are continuing to assess damages from the recent cold weather and freeze
  • Early estimated losses are 80% of uncovered crops and 20% of covered crops; total loss is estimated around 50%
  • Early plantings set to harvest this spring were impacted but should rebound
  • Expect more off-grade fruit when spring harvest begins
• West Mexican supplies are abundant as they start new fields
  • Nogales volume is helping bridge the gap
  • Low East Coast demand and improved Mexico supply lowered prices to entice buyers this week
• Volume is low/steady in Central Mexico (crossing into South Texas)
• Expect higher markets as demand increases over the next two weeks

Red Bells

• Mexico’s Culiacan growing region has moderate volume; improved weather (90F) will help yields for next week
• Quality is very good; all sizes are available
• Availability is limited in Central Mexico (crossing in South Texas)
• Expect very minimal supplies out of Florida due to the recent freeze
• Prices will remain elevated over the next week

Please contact your Markon Account Manager for more information.