Market Report: Week of August 17, 2017

Tomatoes

East

• Rounds- Supplies from VA, NC, & TN are lighter than usual, however, FOB prices remain

steady on all sizes. Note in the weather forecast, more rain showers are expected in the east.

Quality is generally good considering the amount of rain, but we are still seeing a few issues in

the form of short shelf life. Therefore, we continue to recommend keeping inventory tight.

• Romas- Demand is fairly moderate and supplies coming from NC, VA, TN & MI are steady.

Prices are down slightly, about $1.00 on all sizes. Quality is still spotty coming from all growing

areas due to rainy conditions and warm temperatures.

• Grapes- FOB prices are stable as supply and demand remain in equilibrium. There is a slight

spread in prices, especially in bulk, which correlates to the quality available in the market

place. Better quality is demanding a higher FOB.

• Cherries- Steady supply, demand coming from the east are resulting in a steady FOB price.

Quality overall is good, however, at times can show a little shorter shelf life than expected due

to rain.

West/Mexico

• Rounds- The western market is proving to be active this week due to less volume available.

Because eastern supplies are limited as well, some eastern demand is turning to the west to fill

the void, putting pressure on the western supplies and prices. Jumbo and XL supplies are very

short, large size supply is a little tight, and medium supplies are moderately available. Jumbo

and extra-large sizes are up about $2.00, large is up about $1.00 and mediums stay relatively

flat. Note temperatures remain high which is resulting in quality concerns in the form of soft

and tender fruit. We recommend to keep inventory tight as shelf life is very suspect.

• Romas- FOB prices push back up a few dollars as supplies remain short from the west. Four

CA shippers are not harvesting fruit, putting high pressure on Baja, with already light volume,

to fill the supply chain. There is a extensive spread in FOB prices due to the wide range in

quality coming from the region. Expect to pay a higher price for the better quality.

• Grapes- Bulk FOBs are seeing upward pressure as supplies tighten up, while pints are

relatively flat. Expect the market to strengthen again over the next 7 days due to less volume

available. Quality is good considering the heat in the growing regions, however, shelf life is still

questionable. Therefore, we recommend keeping a close inventory.

• Cherries- FOBs are slightly up again, about $1.00. Supply from the west is light, therefore,

some western and central area demand is turning to the east to fill needs.

NOTE: All the eastern growing regions continue to experience rain in the form of heavy

afternoon thunderstorms. The weather forecast calls for additional rains this week for all

growing regions. This type of weather almost always causes less than ideal quality and

suspect shelf-life. Therefore, we suggest that dry vegetable inventories be kept as tight as

possible until we work through this product.

Green Bell Pepper

East- Steady FOBs on all sizes as NC, NJ, and MI all are harvesting good supplies. Quality is

generally good, however, some concerns still due to rain and heat.

West- Steady FOBs on all sizes as good supplies come from the Stockton and coastal region.

Quality is good.

Red Bell Pepper

West- No change in FOBs as the transition continues for about another 7-10 days. Overall

quality is good, however, some green coloring can be apparent on the pepper at times.

Yellow Squash

East- Quality is fair from all regions in the east. Scarring and short shelf life are a serious

struggle due to the heavy rains. As supplies are tightening up, we are seeing some upward pressure on FOBs.

West- Quality is fair to good in the west. Scarring is the biggest concern with some bruising

apparent. FOBs are slightly up.

Green Squash

East- Weather concerns are driving FOBs upward subtly. Supply is a little more available than

yellow squash and quality is fair to good.

West- We are seeing some upward pressure on prices as the supply tightens up slightly.

Quality is generally good, however some issues are present in the form of scarring and shelf life.

Cucumbers

East- MI & NC are still harvesting good supplies, however, the market has slightly

strengthened. Quality is good, but we still highly recommend a tight inventory due to rainfall.

West- Slight upward pressure on FOBs is evident, but overall quality and supplies are steady.

Eggplant

East- MI is producing good supplies and quality which is resulting in a steady market.

West-The market is steady from Stockton and Fresno. Some quality issues are showing from

heat.

Jalapenos

East- Steady pricing and quality from the east.

West- FOB prices are slightly down as supplies increase a bit. Quality overall is good.

Beans

East- No changes to pricing as good supplies continue to come from MI, IN, & NY. Some

quality problems might show due to rainfall, but overall quality is good.

 

 

Market Report: Week of August 11, 2017

East

• Rounds- NC, SC, TN, AL, VA, MI & NJ are all seeing better supplies as growers dig into fields.

Both supply and demand are steady. FOB prices are unwavering on extra large and large

sizes. Medium FOBs are slightly down. There is a wide range in quality, resulting in a wide

range in price quotes from all regions. We recommend to continue to keep a close eye on

inventory levels due to the large inconsistency in quality.

• Romas- A higher than usual market will stay steady moving into next week. FOB prices remain

relatively unchanged despite supplies still being very limited. Quality is varying from all growing

regions.

• Grapes- Following suit of rounds and romas, again, a very wide range in quality directly

corresponds with the wide range in FOB prices. There is slight downward pressure on FOB

prices as supply is expected to be more readily available. Due to the sporadic rains, quality

can be slippery at times so we still recommend keeping a tighter than usual inventory.

• Cherries- FOB prices are steady as well as both supply and demand.

 

West/Mexico

• Rounds- No changes in the weather forecast moving into next week means no changes in the

overall quality of tomatoes. FOB prices are somewhat stable for jumbo, extra large and large.

Medium prices are up about a dollar due to a little less supply than usual. Vine Ripes are

mirroring the same pattern with more volume in the 4x4 and 4x5 size. 5x5 and 5x6 are in lower

supply. We still suggest to keep inventory tight due to the hot temperatures affecting the

integrity of the fruit.

• Romas- A very wide range in FOB prices is reflective of the wide range in quality. There is still

a lack of volume in the supply chain due to too much heat and rain in both Baja and MX

crossing through TX regions. Supplies are not expected to increase until at least the beginning

of September. Even though volume is still limited, FOB prices are down a few dollars.

• Grapes- No changes in both supply and demand. Pricing remains stable as supplies continue

to come from the Baja region. Overall quality is good considering the heat conditions.

• Cherries- Prices are generally stable as supply and demand remain in equilibrium. Quality is

mostly good.

 

NOTE: All the eastern growing regions continue to experience rain in the form of heavy

afternoon thunderstorms. The weather forecast calls for additional rains this week for all

growing regions. This type of weather almost always causes less than ideal quality and

suspect shelf-life. Therefore, we suggest that dry vegetable inventories be kept as tight as

possible until we work through this product.

Green Bell Pepper

East- NC, NJ and MI are all harvesting a good amount of pepper. FOB prices are moving down

as a result. Quality is improving, but there is still some suspect product appearing in the marketplace.

West- FOB prices are down a few dollars across all sizes as Stockton and coastal areas

increase production. Quality is improving from the region, but some issues can still be seen from

heat.

Red Bell Pepper

West- FOB prices are firming up as the market previously hit a low. Supply and demand are

steady.

Yellow Squash

East- Quality continues to be a struggle due to the intermittent rain showers. Volume from NJ,

MI, NC, & SC is good while pricing remains fairly stable.

West- FOBs are steady as volume continues to come from multiple growing regions. Quality

has slightly improved but is not out of the weeds yet.

Green Squash

East- Supply and FOBs are steady moving into next week. Quality concerns shown in mostly

the form of short shelf life is continuously a struggle due to the ample rain.

West-.Quality is slightly below par due to winds and heat in the growing regions. FOB prices

and volume are steady.

Cucumbers

East- A lack of supply is putting slight upward pressure on FOBs. It is recommended to keep

inventory tight as we push through the adverse effects of abundant rain water in fields.

West- The low market is expected to firm up within the next 7-10 days. Quality is improving but

shelf life is still very suspicious. Therefore, we suggest keep a tight inventory.

Eggplant

East- Little to no change in supply, demand and pricing. NC, SC, and NJ are all producing

good quality and volume.

West- Look for slight upward pressure on FOB prices as quality from Fresno and Stockton

scuffles with the heat.

Jalapenos

East- Stable FOB prices with good quality and decent supply.

West- Quality is proving to be good with steady supplies. FOB prices are steady as well.

Beans

East- Expect FOBs to decline once again as supplies are plentiful from multiple areas.

West- Brentwood and Watsonville are still struggling slightly with quality due to heat. FOB

prices and volume are both steady.

 Important note: This market report is only a snapshot of the various commodity markets as of the morning of the date of the report. When we expect a trend to develop, we will express that expectation. However, commodity markets are subject to actual supply and demand levels and can change quickly due to weather and other unforeseen factors. Therefore, please be aware that markets may change from the time this report is published and the time prices are set for the following week. If such changes are dramatic, we will publish a revised market report.

Market Report: Week of August 1, 2017

DRY VEGETABLE MARKET REPORT

(Note: See end of report for explanation to the color codes)

 

Tomatoes

 

East

 •    Rounds- VA continues to push through their harvest, however there is not enough supply to support demand. TN, NC, and AL are anticipating a slight volume increase as growers dig further into fields. With the lack of overall volume, FOB prices rise across the board. Extra large and large are slightly up while mediums make the biggest increase for next week. While quality is generally good, we still recommend to keep inventory on the tighter side as the sporadic showers continue to pop up on the east coast.

 •   Romas- The market remains active with FOB prices moving up a few dollars on all sizes. Growers are still experiencing a sluggish harvest resulting in less yield for the marketplace. Quality is fairly good considering the abnormally rainy weather patterns the region has seen this season.

 •   Grapes- Although supplies are steadily coming from VA & NC as well as a few other regions, both bulk and pint prices move gently upwards as the demand strengthens for good quality tomatoes..

 •    Cherries- Despite supply and demand staying steady, the FOB market is increase a few dollars moving into next week.

West/Mexico

 •   Rounds- It might sound like a broken record, but the fact is temps in CA are still pushing over 100 degrees day after day. The winter rain a few months ago forced lighter plantings in some areas. The results of this are showing with less fruit to harvest for the next 10-14 days. Thus, FOB prices are higher as demand exceeds supply. Please note the wide range in quality due to the heat. Tomatoes are very tender and shelf life is shorter than typically expected. We continue to highly recommend to keep a very tight inventory.

  •   Romas- CA romas are extremely tight and quality is fair at best. Most demand is turning to Baja to fill their needs. FOB prices have an exceptionally wide range which directly corresponds to the quality available. Quality is very suspect due to the 100+ degree temperatures in the area. Supply improvement is not expected for another 4-6 weeks.

  •   Grapes- Steady supplies trickle in from the Baja region. Demand is slightly up which is putting some small upward force on FOB prices.

  •   Cherries- Supplies and demand remain in balance. Prices somewhat move up as the better quality demands a higher price point.

NOTE: All the eastern growing regions continue to experience rain in the form of heavy afternoon thunderstorms. The weather forecast calls for additional rains this week for all growing regions.  This type of weather almost always causes less than ideal quality and

 

suspect shelf-life. Therefore, we suggest that dry vegetable inventories be kept as tight as possible until we work through this product.

 

Green Bell Pepper

         East- NC & NJ have steady supplies. MI has finally started to have a little product trickle into the market which is gently easing up FOB prices across all sizes. Quality is still suspect coming from the southern states due to the intermittent showers.

         West- Supply finally is improving therefore prices are slightly moving downward. However, quality is questionable. As reported previously, harvesting hours are limited due to the high temps. Pepper is staying in the fields and sun too long resulting in quality concerns at the time of harvest.

.

 

Red Bell Pepper

         West- FOB prices move down once again as supplies look much better.

 

Yellow Squash

         East- Good volume is coming from NJ, MI, NC & SC and steady pricing moving into next week. However, some challenges are faced with the quality because of the rainy weather patterns.

         West- Slight upward pressure coming from the central area of CA. Quality has been somewhat challenging due to the temperatures out west.

 

Green Squash

         East- Look for stable FOB prices from the eastern region. Quality at times can show a few challenges from rains, however, it is generally good.

         West-. Prices and volume are stable. The external appearance is proving to be a little better than the yellow squash and overall quality is good.

 

Cucumbers

         East- Cooler weather in MI could put a little pressure on supply, however, overall prices, supply and demand are all steady. We still suggest to keep inventory tight due to quality defects resulting from the rainy season.

         West- FOB prices are steady from the Baja region with good supplies being harvested.

 

Eggplant

         East- Better supplies have pushed FOB prices back down from the NC, SC, and NJ areas. . Quality remains good from the region.

         West- Prices are steady, however, quality continues to be a struggle from the region. There is a split FOB market in which the less favorable quality directly corresponds to the lower prices.

.

Jalapenos

East- Although supply is still a little weak, FOB prices are steady.

West- As Santa Maria volume increases, FOB prices are very slightly down. Quality is looking fairly good from the region.

 

Beans

         East- MI & TN are starting their season harvest in addition to NC & SC. FOB prices are down slightly.

         West- The heat is resulting in quality trouble, however, beans are still coming from the Brentwood and Watsonville area. FOB prices are steady moving into next week.         Market generally with-in normal ranges and steady from last week for both pricing and quality. Any price changes can be expected to be $2.50 or less with no major changes in quality. Also, no change in the growing region(s) and no news that could drastically affect pricing in the future.

 

         Some news included concerning the market that may indicate a moderate change in pricing and/or quality. FOB pricing is generally up or down between $2.50 and $5.00 from the previous week.  It will also be used to indicate news that may have a drastic impact on the price, quality and/or availability in future weeks (versus the following week). Finally, this color will also be used to indicate a commodity that continues to be outside the normal range as far as price, quality and/or availability.

 

         News included that indicates a major change in the market from the previous week as far as pricing, quality and/ or availability. May see price changes, up or down, in excess of $5.00 per case. This color will only be used to indicate a major change from the previous week.

 

Important note: This market report is only a snapshot of the various commodity markets as of the morning of the date of the report. When we expect a trend to develop, we will express that expectation.  However, commodity markets are subject to actual supply and demand levels and can change quickly due to weather and other unforeseen factors.

Therefore, please be aware that markets may change from the time this report is published and the time prices are set for the following week.  If such changes are dramatic, we will publish a revised market

Market Report: July 25, 2017

DRY VEGETABLE MARKET REPORT

(Note: See end of report for explanation to the color codes)

 

Tomatoes

 

East

 •    Rounds- VA continues to push through their harvest, however there is not enough supply to support demand. TN, NC, and AL are anticipating a slight volume increase as growers dig further into fields. With the lack of overall volume, FOB prices rise across the board. Extra large and large are slightly up while mediums make the biggest increase for next week. While quality is generally good, we still recommend to keep inventory on the tighter side as the sporadic showers continue to pop up on the east coast.

 •   Romas- The market remains active with FOB prices moving up a few dollars on all sizes. Growers are still experiencing a sluggish harvest resulting in less yield for the marketplace. Quality is fairly good considering the abnormally rainy weather patterns the region has seen this season.

 •   Grapes- Although supplies are steadily coming from VA & NC as well as a few other regions, both bulk and pint prices move gently upwards as the demand strengthens for good quality tomatoes..

 •    Cherries- Despite supply and demand staying steady, the FOB market is increase a few dollars moving into next week.

West/Mexico

 •   Rounds- It might sound like a broken record, but the fact is temps in CA are still pushing over 100 degrees day after day. The winter rain a few months ago forced lighter plantings in some areas. The results of this are showing with less fruit to harvest for the next 10-14 days. Thus, FOB prices are higher as demand exceeds supply. Please note the wide range in quality due to the heat. Tomatoes are very tender and shelf life is shorter than typically expected. We continue to highly recommend to keep a very tight inventory.

  •   Romas- CA romas are extremely tight and quality is fair at best. Most demand is turning to Baja to fill their needs. FOB prices have an exceptionally wide range which directly corresponds to the quality available. Quality is very suspect due to the 100+ degree temperatures in the area. Supply improvement is not expected for another 4-6 weeks.

  •   Grapes- Steady supplies trickle in from the Baja region. Demand is slightly up which is putting some small upward force on FOB prices.

  •   Cherries- Supplies and demand remain in balance. Prices somewhat move up as the better quality demands a higher price point.

NOTE: All the eastern growing regions continue to experience rain in the form of heavy afternoon thunderstorms. The weather forecast calls for additional rains this week for all growing regions.  This type of weather almost always causes less than ideal quality and

 

suspect shelf-life. Therefore, we suggest that dry vegetable inventories be kept as tight as possible until we work through this product.

 

Green Bell Pepper

         East- NC & NJ have steady supplies. MI has finally started to have a little product trickle into the market which is gently easing up FOB prices across all sizes. Quality is still suspect coming from the southern states due to the intermittent showers.

         West- Supply finally is improving therefore prices are slightly moving downward. However, quality is questionable. As reported previously, harvesting hours are limited due to the high temps. Pepper is staying in the fields and sun too long resulting in quality concerns at the time of harvest.

Red Bell Pepper

         West- FOB prices move down once again as supplies look much better.

 

Yellow Squash

         East- Good volume is coming from NJ, MI, NC & SC and steady pricing moving into next week. However, some challenges are faced with the quality because of the rainy weather patterns.

         West- Slight upward pressure coming from the central area of CA. Quality has been somewhat challenging due to the temperatures out west.

 

Green Squash

         East- Look for stable FOB prices from the eastern region. Quality at times can show a few challenges from rains, however, it is generally good.

         West-. Prices and volume are stable. The external appearance is proving to be a little better than the yellow squash and overall quality is good.

 

Cucumbers

         East- Cooler weather in MI could put a little pressure on supply, however, overall prices, supply and demand are all steady. We still suggest to keep inventory tight due to quality defects resulting from the rainy season.

         West- FOB prices are steady from the Baja region with good supplies being harvested.

 

Eggplant

         East- Better supplies have pushed FOB prices back down from the NC, SC, and NJ areas. . Quality remains good from the region.

         West- Prices are steady, however, quality continues to be a struggle from the region. There is a split FOB market in which the less favorable quality directly corresponds to the lower prices.

.

Jalapenos

East- Although supply is still a little weak, FOB prices are steady.

West- As Santa Maria volume increases, FOB prices are very slightly down. Quality is looking fairly good from the region.

 

Beans

         East- MI & TN are starting their season harvest in addition to NC & SC. FOB prices are down slightly.

         West- The heat is resulting in quality trouble, however, beans are still coming from the Brentwood and Watsonville area. FOB prices are steady moving into next week.

         Market generally with-in normal ranges and steady from last week for both pricing and quality. Any price changes can be expected to be $2.50 or less with no major changes in quality. Also, no change in the growing region(s) and no news that could drastically affect pricing in the future.

 

         Some news included concerning the market that may indicate a moderate change in pricing and/or quality. FOB pricing is generally up or down between $2.50 and $5.00 from the previous week.  It will also be used to indicate news that may have a drastic impact on the price, quality and/or availability in future weeks (versus the following week). Finally, this color will also be used to indicate a commodity that continues to be outside the normal range as far as price, quality and/or availability.

 

         News included that indicates a major change in the market from the previous week as far as pricing, quality and/ or availability. May see price changes, up or down, in excess of $5.00 per case. This color will only be used to indicate a major change from the previous week.

 

Important note: This market report is only a snapshot of the various commodity markets as of the morning of the date of the report. When we expect a trend to develop, we will express that expectation.  However, commodity markets are subject to actual supply and demand levels and can change quickly due to weather and other unforeseen factors.

Therefore, please be aware that markets may change from the time this report is published and the time prices are set for the following week.  If such changes are dramatic, we will publish a revised market

Market Report: July 18, 2017

DRY VEGETABLE MARKET REPORT July 18, 2017

(Note: See end of report for explanation to the color codes)

 Tomatoes

East

 •    Rounds- Virginia tomato product is producing a fairly good quality product considering the weather and a decent volume for the area. TN, NC, and AL are having a sluggish start due to weather conditions. Demand is still strong which is putting upward pressure on FOB prices. Quality at times can be sparing. For that reason, we continue to recommend keeping your inventory on the tight side.

 

 •   Romas- Romas are extremely active this week as well as moving into next week. As we are seeing with the rounds, roma production is very unhurried to start this season. Thus resulting in an upward spike in FOB prices. We advise to err on the cautious side with inventory as quality can be questionable at times due to the frequent showers.

 

 •   Grapes- NC and VA crops are not quite at full harvest, however, supplies are improving. There is a quality spread in the marketplace. Although pricing remains somewhat stable, the better quality product results in having to pay a higher FOB.

 

 •    Cherries- There is a small amount of upward pressure on FOB prices, however, supply and demand remain in symmetry.

 

 

West/Mexico

 •   Rounds- Week after week, western tomatoes remain in battle with the tremendously hot temperatures. Growers are walking away from fields due to not being able to pick them in the heat before the fruit ripens. Though supply is steady for now, there is potential for a slight gap due to not having enough time in the day to harvest before temps reach 100+. In addition, there is a significant range in quality, resulting in a range in FOB prices. We still highly recommend to keep inventories tight due to the tenderness and shorter shelf life.

 

  •   Romas- Volume from eastern MX and Baja is moderate as best. There is a significant range in quality due to the extreme heat, which directly corresponds with the wide spread in FOB prices. The higher quality fruit is costing a few dollars more on the FOB side.

 

  •   Grapes- Prices are fairly stable, however, better quality will result in a slightly higher than average FOB price. Volume is steady coming from the Baja region.

 

•      Cherries- Western supplies and FOB prices remain secure moving into next week.

 

NOTE: All the eastern growing regions continue to experience rain in the form of heavy afternoon thunderstorms. The weather forecast calls for additional rains this week for all growing regions. This type of weather almost always causes less than ideal quality and suspect shelf-life. Therefore, we suggest that dry vegetable inventories be kept as tight as possible until we work through this product.

 

Green Bell Pepper

         East- The NC and NJ crops continue to produce a fair volume, but not enough to meet demand. MI is looking to start in 10-14 days which should give much needed relief. FOB prices for extra large and choice are up while large remains steady. Quality is decent despite the spotty rain.        West- Supplies remain short and quality is showing to be subpar. The heat is limiting harvest hours which means more pepper staying in the fields. Thurs, a quality concern when it comes time to pick. Look for higher FOBs from the west.

 

Red Bell Pepper

         West- As supplies improve, FOB prices are showing downward pressure.

 

Yellow Squash

         East- All eastern growing regions, NJ, MI, NC, and SC, are producing a good volume with FOB prices slightly lower. However, quality challenges are present due to the pop up showers.

         West- FOB prices remain weak as the west harvests good volume from Santa Maria, Watsonville, and Fresno. Quality is good coming from these areas despite the heat.

 

Green Squash

         East- FOB prices are expected to remain steady. Quality is proving to be good despite the rainy weather pattern.

         West-. Stable quality and pricing is reflective of the good volume harvested in the central area.

 

Cucumbers

         East- MI and NJ have good supplies and FOB prices are fairly stable with a possible slight decrease. Quality is generally good from both regions, however, there is still questionable product in the marketplace. We continue to recommend to keep inventory tight.

         West- Supply from Baja is plentiful with improvement in quality. Look for a gentle decline in FOB prices.

 

Eggplant

         East- FOB prices are active and moving up as volume has declined in NC, SC, and NJ. Quality remains good from the region.

         West- Fresno is in production, however, the heat is showing less favorable quality. Look for Brentwood to begin in the next week which should give relief to pricing and quality.

 

Jalapenos

East- Prices are steady despite the lower supply from the east this time of year.

West- Santa Maria is starting to pick up their volume which is helping maintain steady market prices. Despite this, overall supplies are still fairly limited for another week or two.

 

Beans

East- The market continues to gently fall as production increases from NC & SC.

West- Light supplies from Brentwood and Watsonville are keeping the FOB price high from the region. Quality is showing some indications of trouble due the high temperatures.

         Market generally with-in normal ranges and steady from last week for both pricing and quality. Any price changes can be expected to be $2.50 or less with no major changes in quality. Also, no change in the growing region(s) and no news that could drastically affect pricing in the future.

 

         Some news included concerning the market that may indicate a moderate change in pricing and/or quality. FOB pricing is generally up or down between $2.50 and $5.00 from the previous week.  It will also be used to indicate news that may have a drastic impact on the price, quality and/or availability in future weeks (versus the following week). Finally, this color will also be used to indicate a commodity that continues to be outside the normal range as far as price, quality and/or availability.

 

         News included that indicates a major change in the market from the previous week as far as pricing, quality and/ or availability. May see price changes, up or down, in excess of $5.00 per case. This color will only be used to indicate a major change from the previous week.

 

Important note: This market report is only a snapshot of the various commodity markets as of the morning of the date of the report. When we expect a trend to develop, we will express that expectation.  However, commodity markets are subject to actual supply and demand levels and can change quickly due to weather and other unforeseen factors.

Therefore, please be aware that markets may change from the time this report is published and the time prices are set for the following week.  If such changes are dramatic, we will publish a revised market report.

Market Report: July 10, 2017

Tomatoes

 

East

 •    Rounds- TN, NC, and VA are just getting started with their seasonal production. FOB prices for medium size remains stable while large and extra-large sizes are up slightly due to a shortage in supply. Quality overall remains sound, however, the east is still experiencing sporadic rain showers. Therefore, a close eye is being kept on shelf life.

 

 •   Romas- FOB prices are down substantially with good supplies harvesting in the east.

 •   Grapes- NC and VA are beginning to produce good supplies while SC winds down their season. Prices remain steady. Quality is generally good despite the recent rains.

 

 •    Cherries- Both supply and demand are steady while FOB prices are down about a dollar. Quality is consistent from the region.

 

West/Mexico

 •   Rounds- As previously reported, extreme temperatures are taking a toll on the CA crop (see weather forecast at end of report). Growers have seen 5+ days straight of temperatures over 100 degrees, which results in shorter days for picking. We are also seeing a large variance in quality, resulting in a wide range of FOB prices. Extra-large size fruit is in short supply while medium size fruit is more readily available at this time. It is recommended to keep inventories tight as product is showing tenderness.

 

  •   Romas- The western roma market has become a little slippery as we move forward in production. Although prices are showing slight downward pressure, quality issues are very apparent due to the extreme heat to the point that one Baja grower suffered a complete crop failure. The wide range in FOB prices corresponds with the wide range in quality.

 

  •   Grapes- FOB prices and availability are steady from the Baja region, yet quality continues to be monitored closely due to heat.

 

•            Cherries- A slight decrease in pricing is reflective of the good supplies produced in the West.

 

NOTE: All the eastern growing regions continue to experience rain in the form of heavy afternoon thunderstorms. The weather forecast calls for additional rains this week for all growing regions. This type of weather almost always causes less than ideal quality and suspect shelf-life. Therefore, we suggest that dry vegetable inventories be kept as tight as possible until we work through this product.

 

Green Bell Pepper

         East- the NC crop continues to produce, however, supplies are fairly light from the region. NJ is expected to get into their fields in about a week and MI is about 10-14 days from harvest. FOB prices remain somewhat flat. Quality looks good despite the periodic showers.

         West- Supplies are tight coming from the region and FOB prices are on the rise. The yields from Bakersfield are showing signs of quality trouble while Fresno and surrounding growing regions have good quality but do not have enough volume to support the crop transition.

 

Red Bell Pepper

         West- Relief is in sight. FOB prices are beginning to fall as supplies steadily improve.

 

Yellow Squash

         East- NJ, MI, NC, and SC are each producing fairly sound product. Some quality issues present themselves in older fields. FOB prices are generally stable.

         West- The harvest from the west is showing good yield and quality. Prices have slight downward pressure going into next week.

 

Green Squash

         East- Following suit of yellow squash, NJ, MI, NC and SC crops have good volume. FOB prices are slightly down for medium and fancy. Large remains stable.

         West-. Quality remains good as supplies are coming in strong. FOB prices slightly down moving into next week.

 

Cucumbers

         East- Volume is improving from MI and NJ is producing a dependable crop. FOB prices are beginning to fall as more supplies from MI fill the void. We have seen slight improvement in quality, however, until this is consistent we recommend inventory be kept tight.

         West- FOB prices are easing up in the west as Baja’s supplies improve in both volume and quality for all grades.

 

Eggplant

         East- There is a variance in price as GA continues to harvest less favorable quality while NC and SC have a strong supply. FOB prices remain relatively stable.

         West- FOB prices are steady despite Fresno having a slow start. Look for Stockton to begin their harvest in the next two weeks to help fill the pipeline.

 

Jalapenos

         East- Light supplies are coming from the east as we wait for the new crops to come on board in 10-14 days. Despite limited volume, FOB prices remain fairly stable.

         West- Very limited supplies are expected for another 2-3 weeks due to light plantings. FOB prices are steady.

 

Beans

East- NC & SC are producing light supplies, however, FOBs are down subtly.

         West- Still fairly light supplies from the west, but improvement is expected in a week. FOB prices are steady.

         Market generally with-in normal ranges and steady from last week for both pricing and quality. Any price changes can be expected to be $2.50 or less with no major changes in quality. Also, no change in the growing region(s) and no news that could drastically affect pricing in the future.

 

         Some news included concerning the market that may indicate a moderate change in pricing and/or quality. FOB pricing is generally up or down between $2.50 and $5.00 from the previous week.  It will also be used to indicate news that may have a drastic impact on the price, quality and/or availability in future weeks (versus the following week). Finally, this color will also be used to indicate a commodity that continues to be outside the normal range as far as price, quality and/or availability.

 

         News included that indicates a major change in the market from the previous week as far as pricing, quality and/ or availability. May see price changes, up or down, in excess of $5.00 per case. This color will only be used to indicate a major change from the previous week.

 

Important note: This market report is only a snapshot of the various commodity markets as of the morning of the date of the report. When we expect a trend to develop, we will express that expectation.  However, commodity markets are subject to actual supply and demand levels and can change quickly due to weather and other unforeseen factors.

Therefore, please be aware that markets may change from the time this report is published and the time prices are set for the following week.  If such changes are dramatic, we will publish a revised market report.