News and Stories
UPDATE SUMMARY: WEEK OF AUGUST 21, 2017
August 24, 2017
Avocados
- FOB prices reached record-high levels this week, but they are finally beginning to ease
- Mexican volume (into the U.S.) is up; however, supplies from California and Peru continue to downtrend, keeping stocks tight
- Mexican supplies are dominated by 60-count and smaller sizes; these prices will fall first
- Expect elevated markets and limited supplies through mid-September, when Mexico’s fall crop gets underway
Grapes
Green & Red Seedless
- Markon Essentials (ESS) Red Seedless Grapes are available from California
- Green and red seedless supplies are ample
- Both markets should remain steady until mid-October
Lunch Bunch
- Markon First Crop (MFC) Red Lunch Bunch Grapes are available from California
- Limited time packer label green Lunch Bunch supplies will be on the market until late November
- Prices are expected to remain steady until mid-October
Labor Day Schedule 2017
- Markon’s buying office will be closed for Labor Day (Monday, September 4); many processors will adjust loading and production schedules due to the holiday
- Markon’s Gonzales consolidation dock will be open on a limited basis; orders loading on Labor Day (Monday, September 4) will be harvested the previous Friday, September 1 or Saturday, September 2
- Taylor Farms’ loading docks will be open on a limited basis
o Trucks are urged to call by 8:00 a.m. PDT to schedule appointments
o Loading is available on Sunday, September 3, on a first come, first served basis
- 4Earth consolidation dock will load trucks on Labor Day (Monday, September 4)
o The Los Angeles Produce Market will be closed
o 4Earth will not be able to purchase off the market
- Most Northwest shippers’ sales offices and loading docks will be closed Labor Day (Monday, September 4); a few will load by appointment only, but product will not be packed
Limes
- MFC Limes are available from Mexico (loading in McAllen, Texas)
- Remnants of Tropical Strom Harvey will move into the southwest Gulf of Mexico over the next three days
- Heavy rain is expected in Veracruz, Mexico, further compounding the impact of Hurricane Franklin
- Expect fewer supplies and higher prices over the next two weeks as growers continue to face challenging conditions
Onions
- Limited supplies of California MFC Yellow Onions remain available; red and white onions have been depleted
- MFC Yellow Onions are still being shipped out of New Mexico; red onions are limited, while white onions are finished for the season
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New crop MFC Onions in Idaho, Utah and Washington are ramping up; yellow, red and white onions are available
- Size profile is small to start the season; heavy to medium and jumbo sizes
Oranges
- Quality issues are a concern, as the Valencia season begins to wind down
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Supplies are limited
- Current stocks favor fancy grade as well as 88-count and larger sizing
- Choice grade and 113-count and smaller sizes are extremely limited
- 72-hour order lead-time is recommended due to tight supplies and reduced packing hours
- The market continues to rise
Tropical Storm Harvey
- Tropical Storm Harvey is currently located in the western Gulf of Mexico and is expected to make landfall on the Texas coast by early Saturday morning
- Harvey is forecast to intensify before making landfall, likely reaching hurricane status by Friday
- The storm is expected to stall over the Texas coast, leading to multiple days of rain in the region
- Potential power outages, road closures, and delays may affect trucks loading in South Texas
Please contact your Markon customer service representative for more information.
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