News and Stories

Green Bell Peppers

• Overall demand is weak
• Ideal growing conditions and increased harvesting schedules are yielding higher supply levels
• Mexican stocks (into South Texas) are ample for this time of year
  • This market has fallen
  • Stocks are increasing
• Production is also underway in Canada, Michigan, and New Jersey
• California harvesting is ramping up
• Expect lower prices as East Coast volume rises

Iceberg and Romaine

• Foodservice demand started to increase last week and will continue to get stronger this week  
• Demand is focused in the Salinas Valley, although some orders are shifting to regional harvesting areas such as Canada, the East Coast, and the Midwest  
• Quality is excellent; however, field weights are lighter, lowering overall yields
• Markets were previously forecast to remain flat, but these recent circumstances have caused an uptick that will persist into August, barring any significant COVID developments

Limes

• Mexican prices are rising
  • Yields have been impacted by rain
  • Suppliers are culling more damaged fruit than normal
  • Volume has decreased
• Overall availability is meeting demand despite a decrease in stocks
• Expect the market to continue inching up through early to mid-August

Red Bell Peppers

• The market is much lower; volume is higher
  • Red and yellow production is ramping up in California’s San Joaquin Valley
  • Supplies are tightening on the East Coast and in Mexico; the West Coast is the primary growing region at this time of year
  • Prices are forecast to continue easing into next week

Please contact your Markon customer service representative for more information.

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