Market News: Week of 29 May 2017

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Tomatoes

East

• Rounds- Supplies in the east remain extremely tight. FOB prices continue to get stronger and

are up $2 to $3 on all sizes. Trigger price points of contracts remain exceeded and will be in

effect again next week. We are toward the end of production out of the central FL fields.

Quincy is still on schedule to start harvesting next week and our SC fields should start to

produce sometime over the following weekend (6/3). As we await the new fields to begin, the

tight supplies continue to put slight upward pressures on FOB prices and we are seeing a wide

range in quality. We should begin to see some relief in these high FOB prices (barring a

weather event) when the SC crop gets ramped up during the 1st or 2nd full week of June.

• Romas- Supplies are short again this week. FOB prices are generally steady to slightly higher

compared to last week. We expect a higher market will continue on romas as the higher round

prices put pressure on the roma prices. This will probably continue into June when new

supplies should start up. Quality has become variable.

• Grapes- Supplies are tighter this week and demand is good. FOB prices are up in the $8

range for the 25# bulk and up $2 to $4 dollars for the 12/1 pt. clamshells. Trigger price points

remain exceeded for all contracts.

• Cherries- Supplies remain tight and product is difficult to procure. FOB prices are generally

steady at last week’s prices.

West/Mexico

• Rounds-The FOB prices in the west are mirroring those in the east. However, weak demand is

putting some downward pressures on prices in the west. We are expecting to see increased

crossings at Baja next week. It has been extremely hot in the CA growing region with days well

into the 100s over the weekend. We expect FOB prices to moderate over the next couple of

weeks as more supplies become available. There is enough mature greens in the west to

meet more of the demand which will allow for freight savings in the wet.

• Romas- Baja crossings continue to get ramped up. FOB prices are generally steady from last

week but we expect the prices to fall after next week as more supplies become available and

demand slackens off after the holidays. The quality of fruit crossing at Baja is generally good.

• Grapes- Supplies continue to be tight at Baja but have eased up to the point that more western

repackers can source from here and save on freight costs. Also, FOB costs are lower this

week.

• Cherries- Supplies continue to be tight and FOB prices remain high but more western

repackers are able to meet their supply needs from the west. FOB prices are higher in the

west this week but freight savings will help offset the higher FOB prices.

Green Bell Pepper

East- Heavy rains in the GA growing regions today and tomorrow are making for a dicey

market. FOB prices are currently down from last week but the weather could cause rapid and sudden

fluctuations in FOB prices.

West- Market remains active due to light supplies but price levels are currently close to where

they were last week.

Red Bell Pepper

West- Good volume available. Pricing remains in a narrow range with some downward

pressures.

Yellow Squash

East- Supplies continue out of central FL and GA. FL supplies rapidly winding down. FOB

prices are generally steady on both fancy and medium. Quality is better out of GA.

West- Supplies remain tight this week. FOB prices remain generally steady at last week’s high

levels.

Green Squash

East- FOB prices generally steady. GA is primary growing region.

West- FOB prices are down moderately this week. Santa Maria product will be harvested

soon.

Cucumbers

East- GA is now primary growing region. Prices are generally steady for supers and down

slightly for the select.

West- FOB prices are steady with downward pressure. Baja continues to get ramped up.

Eggplant

East- Supplies remain tight and FOB prices are generally steady with upward pressure.

West- Nogales crossings and the desert continue. We are seeing a wider range of pricing for

product but prices are generally steady from last week for quality product.

Jalapenos

East- Supplies remain tight. FOB prices are generally steady with upward pressure. Quality is

variable.

West- No report

Beans

East- Good supplies out of GA has caused FOB prices to fall slightly again this week.

West- Supplies continue to be tight. Prices remain high but are down $4-$5 dollars from last

week.

• Eastern Growing Region(s) Weather Forecast:

• Western Growing Region(s) Weather Forecast:

Code to Color Alerts:

Market generally with-in normal ranges and steady from last week for both pricing and quality. Any price changes

can be expected to be $1.50 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 $1.50 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.