Market Trends: Week of 14 Nov 2016

Tomatoes

East  

• Rounds- Supplies continue to slowly increase from FL fields.  Because demand continues to be anemic, this small increase in supply is causing FOB prices to fall again this week on all sizes. We expect the Palmetto/Ruskin region not to reach full production until around Thanksgiving.  As we have previously reported, it appears that the overall yields from these fields will be below average.  We have reported in previous weeks that sizing has been on the minimum side but with the recent good growing weather we should start to see sizing in the more normal range within the next week or two. Quality continues to be good.

• Romas- Supplies are generally stable.  FOB prices are generally steady with some slight upward pressure.  Quality continues to be good.

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

• Cherries- Supplies continue to be light but have increased. FOB prices are down from last week. Quality and shelf-life continue are improving.

• Weather forecasts- Ruskin, FL: Partly to mostly sunny into this weekend with highs near 80 and lows in the lower 60s. Little chance of rain into next week.

 

West/Mexico

• Rounds- As reported last week, the CA crop is over for the season.  Any tomatoes coming from that region are clean-up tomatoes whose quality and shelf-life are suspect. Repackers are having to go to MX to meet their needs.  Demand continues to be sluggish.  FOB prices are lower this week compared to last week. 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 again this week. Quality continues to be variable but is improving.

• Grapes- Sourcing primarily from Baja and Fresno. FOB prices are down again this week compared to last week. Supplies are still tight and some western repackers are going east to meet demand.

• Cherries- Like grape tomatoes, the supply of cherries has improved slightly causing FOB prices to fall compared to last week. There continues to be a wide range in quality causing for a wide range in FOB prices. Some western repackers are going east to meet demand.

 

 

 

Green Bell Pepper

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

West- More supplies crossing at Nogales and the desert is still harvesting.  FOB prices are lower again this week. Quality is good.

 

Yellow Squash

East- Demand continues to be weak but supplies are not quite as plentiful this week and quality is not quite as good.  FOB prices are slightly higher compared to last week and we expect upward pressure on prices to continue this week and into next week as some of the more northern growers are finishing up for the season.

West- Like the east, FOB prices are higher this week.  Quality is good.

 

Green Squash

East- FOB prices are steady with upward pressures 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.  However, the GA crop is coming to an end.  Quality is improving.

West- Baja crossings are winding down but Nogales crossing are picking up.  Prices have been active this week adjusting to supplies and demand.  Quality through Nogales is very good.

 

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 continue.

 

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 again this week.

West- FOB prices are generally steady at last week’s high levels. Supplies remain extremely tight but we should begin to some relieve within the next 1-2 weeks when the new MX fields should start harvesting.