News and Stories
UPDATE: Garlic
February 07, 2020
Prices for domestic and imported garlic are rising, especially Chinese supplies. Volume is low; expect active markets for the coming months.
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Chinese shipments to the U.S. are down significantly due to several factors:
- Chinese New Year
- Trade tariffs
- Coronavirus
- Demand has increased for other imported garlic (Mexico, Spain, and Argentina); overall import supplies are extremely tight
- California‘s 2019 storage crop yield is below normal levels; stocks are adequate to cover normal demand but not significant increases
- Supplies will continue to tighten over the next several weeks
- Open-market prices will rise
Please contact your Markon customer service representative for more information.
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