News and Stories

UPDATE SUMMARY: Week of June 22, 2015

June 25, 2015

 

Seasonal transitions, high temperatures, and strong demand have resulted in rising bell pepper prices on both coasts; expect elevated markets for several weeks. Green leaf and romaine supplies continue to increase in the California growing regions; prices are easing. Cooler-than-normal temperatures have prevented typical iceberg growth and resulted in lower carton weights throughout the industry; expect steady prices into next week. Raspberry stocks are tightening due to harvesting transitions and inconsistent weather patterns.

 

Bell Peppers

  • Seasonal transitions, high temperatures, and strong demand for the Fourth of July holiday are resulting in limited supplies of green, red, and yellow bell peppers
  • Prices are rising on both coasts
  • Markon First Crop (MFC) Green Bell Peppers are available in California, Georgia, and South Texas; MFC Red and Yellow Bell Peppers are available in California
  • Expect elevated markets until supplies increase from new growing areas

Green Leaf, Iceberg, and Romaine

  • Iceberg prices have inched down over the last several days and should remain at current levels through the middle of next week
  • Inconsistent temperatures over the past 10 days have delayed growth in summer lettuce varieties, creating inconsistent size and density as well as lowered carton weights throughout the industry
  • Strong holiday demand could also impact supply levels
  • Green leaf and romaine stocks continue to increase in Salinas and Santa Maria, California as well as regional areas; prices are easing
  • Expect varying levels of quality over the next 10 days; mildew and insect pressure will keep green leaf supplies at average levels

 

Raspberries

  • Raspberry stocks are extremely limited due to harvesting transitions and unfavorable weather conditions
  • The market has been stable, but should rise over the next few weeks
  • Demand exceeds supply; expect limited stocks through mid-July

 

Please contact your Markon customer service representative for more information.

 

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