News and Stories
UPDATE SUMMARY: Week of February 1, 2016
February 05, 2016
Cold temperatures and strong winds in the growing regions of Sonora, Mexico have slowed production and tightened yellow squash and zucchini supplies; elevated prices and tight stocks are expected through February. Many commodity supplies from the Arizona/California desert growing regions have increased; markets are lower. Industry celery supplies are becoming more plentiful; effective February 4, Ready-Set-Serve (RSS) Celery items decreased to normal levels.
Cold Weather in Mexico
- Low temperatures have slowed production and tightened yellow squash and zucchini supplies
- Limited East Coast stocks continue to strengthen demand for Mexican products loading in Nogales, Arizona
- Strong winds will damage current blooms, causing possible shortages in early March
- Expect elevated prices and tight stocks for most of February, especially for squash
Desert Outlook
- Arizona/California desert supplies are increasing; prices are easing
- Quality is improving due to ideal temperatures
- Expect adequate supplies and normal prices for the next four to six weeks
Idaho Potatoes
- Carton and No. 2 prices will inch down in February, Idaho Potato Lover’s Month
- Most sheds will run full production for retail orders, generating more cartons and No. 2 supplies for foodservice
- Markon First Crop Burbank and Norkotah stocks are readily available
- Norkotah shipments are expected to continue through early April
- Burbank supplies will run through the end of July
- Expect steady to slightly higher prices starting in April through the end of the season
RSS Celery
- Industry supplies continue to increase; ideal temperatures are promoting growth
- Expect the market to continue easing into next week
Strawberries
- Markon Best Available Strawberries are extremely tight; packer label 8/1-pound packs are being substituted
- Supplies remain extremely limited for Valentine’s Day; demand exceeds supply in all areas
- Strong demand and limited stocks are keeping the market elevated
- Availability is not expected to return to normal until the weeks of February 15 or 22, pending weather
Please contact your Markon customer service representative for more information.
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