News and Stories
UPDATE SUMMARY: WEEK OF SEPTEMBER 11, 2017
September 14, 2017
Broccoli
- Heat in the Salinas Valley and rain in Mexico continue to decrease yields; supplies are limited
- Markon First Crop (MFC) Broccoli Crowns are sporadic; Markon Best Available and packer label are being substituted as necessary
- Commodity and value-added packs may exhibit decreased shelf-life over the next several weeks
- Prices are escalating; trigger levels may be met by next week
Hurricane Irma’s Impact on Fall Crops
- Southern Florida serves as a primary winter production region for commodities that include bell peppers, citrus, cucumbers, squash, strawberries, and tomatoes
- Growers are estimating a four to six week minimum recovery time in the region; Significant supply gaps are forecast by early November
- Short-term freight costs are expected to rise
- Mainland Mexican growing regions will become a key supply source this winter as growers in Florida struggle to rebuild
Green Onions
- The market remains active due to tight supplies
- Warmer-than-normal temperatures in Mexico’s Mexicali Valley during late June dramatically reduced plant populations
- Effective Monday, September 18, prices for Markon’s Ready-Set-Serve Green Onion pricing will trigger upward
Oranges
- MFC and Markon Essentials Valencia Oranges are sporadic; packer label supplies are being substituted as needed
- The California Valencia season is coming to an early end; small-size offshore Navel oranges are tight as a result
- The Texas Navel season is getting an early start; limited stocks will be available for loading in South Texas this week
- The Texas market is lower than prices for offshore supplies, yet comparable to the California market
Please contact your Markon customer service representative for more information.
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