News and Stories
UPDATE SUMMARY: Week of September 28, 2015
October 01, 2015
Prices for iceberg lettuce have eased over the last 10 days, but are expected to be elevated next week; carton weights and total yields remain low due to quality issues. The California Valencia orange season is ending; new crop California Navel supplies will be available the week of October 19. Demand exceeds supply in California; offshore and Texas oranges are being substituted as needed. Strawberry prices are rising due to strong demand and tighter overall supplies; quality issues persist.
Iceberg Lettuce
- Quality issues persist, reducing yields and lowering carton weights
- East Coast regional growing seasons are winding down, shifting demand to the West Coast
- Prices have eased, but are expected to be elevated through next week
- Effective September 30, prices for Ready-Set-Serve (RSS) salad items returned to normal levels
- Quality is good, however issues such as seeder and uneven texture are keeping carton weights low
- The market is expected to rise by the second week of October as some growers wrap up in Salinas and transition to Huron, California
Idaho Potatoes
- Large size (40- through 70-count) Idaho Norkotahs continue to dominate the crop; small sizes (90- through 100-count stocks) are scarce
- Limited quantities of new crop, fresh-run Burbank supplies are available; volume will increase through October
- Markon First Crop (MFC) Norkotah Potatoes are available; MFC Burbank Potatoes will begin shipping in late October/early November
Melons
- California’s San Joaquin Valley season will wrap up by mid-October; the Central Arizona season is starting, but supplies are limited
- Melon prices are rising due to seasonal harvesting transitions
- Domestic MFC Cantaloupe is available, but stocks will be sporadic after San Joaquin Valley melons are depleted
- Domestic MFC Honeydew is available, yet supplies will be become sporadic over the coming months
- Stocks will be tight until mid-November (when imported fruit becomes available)
Oranges
- The California Valencia season is ending; remaining stocks will be depleted by next week
- Demand exceeds supply; Texas oranges are being substituted as needed
- Offshore oranges are limited; expect supplies to be available through next week
- Stocks from South Texas are on the market, however they are tight due to last week’s rain
- Prices remain active at high levels
- New crop California Navel harvesting will start the week of October 12; fruit will be available for shipping the week of October 19
Romaine
- Cooler temperatures have increased yields, improving industry supplies and easing market prices
- Fringe burn, insect damage, mildew, seeder (up to three inches), and sunscald are sporadic quality problems
- Internal burn and light core may be present in RSS value-added and washed and trimmed romaine packs
- More plentiful supplies and a wide range in quality will keep romaine pricing stable through early next week
Strawberries
- The market is climbing due to an increase in demand and tighter overall supplies
- Quality issues such as bruising, mildew, overripe berries, and soft texture persist following last week’s high temperatures
- MFC Strawberries are not available in the Salinas/Watsonville growing region; Markon Best Available (MBA) is being substituted
- MFC Strawberries are sporadic in Santa Maria; MBA is being substituted
- Expect prices to continue rising over the next several weeks while crops transition south for the winter months
Please contact your Markon customer service representative for more information.
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