News and Stories

UPDATE: Asparagus

December 10, 2015

 

Asparagus prices are rising fast as supplies are tight in Mexico and Peru. Growers are transitioning from the Baja peninsula to growing regions in mainland Mexico.

  • Markon First Crop Asparagus is expected to be available by the week of December 21
  • Last week’s freezing temperatures have caused a slight gap between Mexican growing areas; more cold weather is expected next week, further limiting stocks
  • Peruvian supplies are also tight; El Nino is causing abnormally warm weather and pushing harvesting ahead of schedule; demand is also shifting to Peruvian supplies due to extremely low Mexican volume
  • Large sizes are especially limited (jumbo, large, and extra-large); small sizes (standard and small) are more plentiful
  • The market is expected to remain at elevated levels for the next several weeks due to strong holiday demand and tight supplies
  • Industry stocks will increase by mid-January; 28-pound pack sizes will be available by that time

Please contact your Markon customer support representative for more information.

 

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