News and Stories

UPDATE SUMMARY: Week of January 9, 2017

January 12, 2017

 

Bell Peppers, Cucumbers, Squash:

  • Cooler-than-normal temperatures in Southern Florida are slowing bell pepper, cucumber, and squash growth; supplies are limited
  • East Coast cucumber production will wind down over the next two weeks, while offshore volume ramps up in Central American and Mexico’s Yucatan peninsula
  • Mexican bell peppers and cucumbers are sufficient, but strong demand will push up markets
  • Mexican-grown squash will transition south to Sinaloa over the next 10 days; stocks will be extremely tight over the next two weeks

Broccoli and Cauliflower:

  • Low temperatures and recent rain are affecting broccoli and cauliflower volume
  • Broccoli supplies will be limited through next week
    • Stocks from Central Mexico will remain ample
    • Quality is good, size is adequate, and color is deep green
    • Prices are lowest into South Texas
  • Cauliflower prices are inching down as stocks increase; quality issues include discoloration and ricey texture from recent rain

California Citrus:

  • Markon First Crop (MFC) and Markon Essentials (ESS) Lemons and Oranges are available; packer label may be substituted as needed
  • Prices are inching up
  • Rainfall in California’s Central Valley (also known as the San Joaquin Valley) slowed citrus harvesting earlier this week, causing muddy conditions, wet fruit, and further limiting supplies
  • California is the primary growing region; quality is very good
  • Stocks are extremely limited in Florida and Texas

Green Onions:

  • Rain in the Baja region of Mexico over the past several weeks coupled with cooler-than-normal temperatures have lowered yields; supplies remain limited
  • Volume is forecast to increase next week; prices should stabilize 

Limes:

  • MFC Limes are available from Mexico (loading in McAllen, Texas)
  • Lime prices will inch down slightly over the next week as shipments crossing from Mexico (into South Texas) increase to normal levels
  • Current quality is good and will improve as more stocks become available; occasional skin breakdown and scarring are minor issues
  • The market will remain at above-average levels for another two weeks while inventory ramps up

Onions:

  • Several onion storage and production facilities on the Treasure Valley/Idaho/Oregon border suffered major damage due to the weight of snow collapsing the roofs of sheds
  • Many growers are unable to produce onions at this time as they assess damage, remove snow, and begin repairs
  • Cold weather can create translucent scales on outer layers, causing them to become soft and/or spongy
  • Prices have increased; demand has shifted to other growing regions

Ready-Set-Serve (RSS) Peeled Garlic Price Increase Reminder:

  • Effective January 16, 2017 Markon’s supplier of RSS Peeled Garlic will be implementing a price change on the 1/5- and 4/5-pound whole-peeled garlic items due to increased labor and input costs
  • Limited labor and increasing minimum wage levels are major contributors to supplier costs as the production of peeled garlic is a labor-intensive process
  • The continuing California drought crisis has reduced available acreage

Strawberries:

  • MFC Strawberries are not available; MBA and packer label are being substituted
  • Rain-related quality issues are severe in California, forcing many suppliers to designate fruit for local markets or freezer/processors
  • Stocks in Florida and Mexico are tightening due to California shortages and are expected to remain limited through the Valentine’s Day pull
  • The overall market is rising and expected to remain elevated through Valentine’s Day (Tuesday, February 14)
  • Markon recommends ordering out of Mexico (into South Texas) for best coverage and quality

Please contact your Markon customer service representative for more information.

 

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