Sweet potato markets are rising. Strong demand and limited storage supplies are pushing up pricing. Expect low volume and higher markets over the next six to eight weeks until late summer/early fall harvests start.
North Carolina
- Current storage supplies are extremely limited with unprecedented demand
- Remaining quality is good; suppliers are managing pack-outs closely
- Markets are rising as storage inventory is depleted
- An estimated 15% increase in acreage is expected for the next season, starting in late September/early October
- Fresh run/uncured supplies will be available late August
- Favorable growing conditions are expected to yield ample supplies and consistent quality this fall
Mississippi
- Supplies are limited; demand is strong
- Quality is good; defects are minimal
- Prices are rising across all sizes
- New crop stocks are expected to hit the market in early September
- Acreage is estimated to increase 10% next year
- Planting is complete; current weather is ideal for growing
Louisiana
- New crop supplies will start shipping in September
- Initial reports indicate a 10-15% increase in acreage this coming fall
California
- Remaining storage supplies are very tight
- Quality is good; some lots are exhibiting pitting due to dehydration in late storage
- Prices are due to limited supplies and active demand
- The new crop season will begin as early as late July/early August
- Overall acreage is expected to be two to three percent higher next year
- Some growers have planted up to 20% more, but most of those are specialty varieties such as white or Japanese
Please contact your Markon Account Manager for more information.
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