News and Stories

UPDATE SUMMARY: Week of July 4, 2016

July 07, 2016

Avocado supplies are extremely limited due to transitioning crops in Mexico, labor strikes, and grower-delayed harvests. Iceberg lettuce prices will continue to inch up next week as low weights and strong processor demand put upward pressure on markets.   


Avocados

  • Supplies will continue to decrease for the next two weeks
  • Mexican growers are currently not harvesting fruit in an effort to generate higher prices; other reports indicate labor protests as well as growers unifying to delay harvests
  • California stocks are available, but the season has peaked and supplies will diminish over the next several weeks
  • The current market is elevated at historically high levels and expected to hold for the next few weeks until Mexican fruit begins crossing into the United States

Iceberg Lettuce

  • Markon First Crop Premium Iceberg is sporadic due to inconsistent weights; Markon Best Available will be substituted as needed
  • Low weights are strengthening processor demand and tightening supplies throughout the industry
  • Quality problems such as growth cracking, insect pressure, small heads, and wind damage are reducing yields
  • Expect limited stocks and rising markets into next week

Please contact your Markon customer service representative for more information.


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