Lime supplies are extremely limited; prices continue to rise. This week and next week will mark the tightest two weeks of the year. Stocks will slowly begin to increase in March. High prices will persist through late March. Markon First Crop and Markon Essentials Limes are limited; packer label will be substituted as needed.
- Mexican lime supplies (crossing into Arizona, California, and South Texas) are well below normal levels
- Limited supplies of offshore limes are in the Canadian and U.S. marketplace due to the high prices out of Mexico
- Stocks from countries such as Brazil, Colombia, Guatemala, Honduras, and Peru are more prevalent during this time
- Processors who are juicing will source from all regions to ensure a steady supply of lime juice; no shortages are expected at this time
- Quality is fairly good with scarring, skin breakdown, and oil spotting being the primary concerns; Markon orders are being culled prior to shipping
- The current crop is dominated by 150- and 175- count sizes; small sizes (230- and 250-count) will become more prevalent in March while larger sizes (110- and 150-count) will tighten
- Expect higher prices over the next one to two weeks before the market peaks then begins to inch down in mid- to late March
Please contact your Markon customer service representative for more information.
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