News and Stories
UPDATE: Tomatoes
Ample supplies in Florida and Mexico have pushed down prices for mature-green, Roma, and vine-ripe tomatoes; quality is excellent. Snow and freezing temperatures across the Midwest and Northeast have weakened demand.
Florida
• The winter harvest is underway in the Immokalee and Homestead areas
• Mature-green plantings are typically lighter in the winter due to increased Mexican production, but weak demand is keeping supplies plentiful
• Florida-grown cherry, grape, and Roma volume is meeting East Coast demand
• Weather conditions should remain optimal through the weekend; cooler temperatures are forecast for next week
• Cold nighttime temperatures could slow production by the middle of next week and push up prices
• Growers will continue to harvest fields with fewer winter plantings; volume will greatly depend on weather conditions
Mexico
• Production from the main area of Culiacan, Mexico (into Nogales, Arizona and South Texas) is in full swing
• All varieties are plentiful including cherry, grape, mature-green, Roma, and vine-ripe tomatoes
• Quality is excellent, but some shippers are struggling to turn inventories, resulting in some over-ripe fruit on the market
• Because prices are low, Mexican growers will decrease the quantity of fruit being freighted into the U.S.
o This allows growers to move current inventory and assure that quality is kept at optimum levels
o If this becomes the trend over the next several weeks, prices will rise and fewer supplies will be available on the U.S. market
• The outlook for the next several weeks includes optimal weather conditions and an abundance of product
Please contact your Markon customer service representative for more information.
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