Market Trends: Week of 07 Nov 2016

Tomatoes

East

• Rounds- The good news is that all three regions of FL are now harvesting tomatoes. The bad news is volume from all three regions is extremely light. The Quincy region is winding down and are on 2nd and 3rd pickings. Yields are light and quality from this region continues to be variable with suspect shelf-life. Yields also continue to be light out of the Palmetto/Ruskin area. Quality from these fields continue to be very good. A few growers in the southern region have begun to pick this week. Quality is very good but volume is extremely light here at start-up. Sizing from all three regions are on the small side with very few 4x5s available. FOB prices continue to fall on all three sizes. Quality should continue to improve as volume increases out of the central and southern regions.

• Romas- Additional supplies and continued weak demand has caused FOB prices to fall slightly again this week. Quality continues to improve.

• Grapes- More available supplies have caused FOB prices to fall again from last week. Quality is improving.

• Cherries- Supplies continue to be very light. FOB prices steady to up slightly from last week. Quality and shelf-life continue to be variable.

• Weather forecasts- Quincy, FL: Cloudy tomorrow but mostly sunny for the remainder of the week and through the weekend. Highs will be in the low 80s tomorrow and Thursday but turning cooler with highs in the low 70s by Saturday. Ruskin, FL: Partly to mostly sunny through this weekend and a little cooler. Highs will be in the low to mid 80s. Little chance of rain into next week.

West/Mexico

• Rounds-The CA growing regions received rain last Friday and Saturday putting an end to harvesting in this region for the season. A few growers are cleaning up and running a few but not near enough to meet demand and most repackers are going to MX to meet their needs. Like the east, demand continues to be sluggish. As predicted last week, prices have rebounded this week as the CA crop has come to its end and repackers are having to repack out of 2- layer MX product. More supplies should be crossing in the next several weeks but we expect volume to be below average out of MX until January when the Culiacon crop begins.

• Romas-The CA crop is over for the season. Baja and new product crossings at Nogales continue. FOB prices for all sizes are generally steady this week. Quality continues to be variable.

• Grapes- Sourcing primarily from Baja and Fresno. Quality is not as variable this week but we continue to see a wide range in FOB prices. FOB prices are down compared to last week.

• Cherries- Like grape tomatoes, the supply of cherries has improved slightly causing FOB prices to fall compared to last week. There is a wide range in quality causing for a wide range in FOB prices.

Note: Weak demand and ample supplies with good quality is the story on most all dry-veg commodities for next week.

Green Bell Pepper

East- Product remains plentiful this week with the southern GA and FL crops in full production. Demand is weak. FOB prices continue to see downward pressures. Quality is good.

West- FOB prices are lower again this week.

Yellow Squash

East- Weak demand and good supplies are causing FOB prices to continue to fall. Supplies are fragmented all up and down the eastern seaboard. Quality is generally good.

West- Crossings have increased at Nogales causing FOB prices to be lower again this week. Quality is good.

Green Squash

East- FOB prices are steady to slightly lower this week. Quality continues to be good.

West- FOB prices are lower again this week on all grades and sizes. Crossings at Baja and Nogales. Quality is good.

Cucumbers

East- Harvesting continues in the south GA and FL fields and FOB prices are down from last week. Quality is improving.

West- Increased crossings again this week at Baja and Nogales. Prices are down again on all grades and sizes.

Eggplant

East- FOB prices are generally steady to slightly down this week. Quality is good.

West- FOB prices are seeing downward pressure again this week. Nogales crossings have begun.

Jalapenos

East- FOB prices are steady this week. Quality is good.

West- FOB price are generally steady this week. Quality is good.

Beans

East- A few more supplies and weak demand has caused the FOB prices for beans to fall around $10 from last week.

West- The growing region received a little rain recently. Supplies remain extremely tight and FOB prices are higher again this week. Supplies in the west will continue to be tight until around the middle of November at which time new MX fields should start harvesting.