Rounds- We be transitioning to Virginia within the next week just as our South Carolina coastal crop winds down. Tennessee and North Carolina are looking to start their full production harvest in about two weeks. FOB prices are flat with no change at all. The fields continue to produce good quality, but we are keeping a close eye on shelf life due to the rainfall.
Romas- Supplies are slightly improving on medium and large size romas while extra large remain tight. With that, large size are down about $2.00 and medium size down about $4.00
Grapes- Although the crop continues to produce a good amount, FOB prices are up a few dollars. Just like rounds, quality remains good, however, due to rains we still advise to keep inventory close.
Cherries- Demand is steady while FOB prices are slightly up for next week. Quality is still proving to be good.
Rounds- All growers in California are harvesting and supplies are ample. FOB prices for all sizes have slightly moved somewhat downward. The heat, however, is proving itself within the quality of the fruit. We are seeing soft and tender tomatoes. Tight inventory is highly suggested as Mother Nature pushes the limits. See the forecast below for the continuous hot temperatures moving through the region.
Romas- The roma market in the west is finally slipping downward. Prices from Baja and McAllen are down about $2.00
for large and $1.00 for medium. Supplies are looking better as we move into next week.
Grapes- FOB prices remain unchanged, but continue to have a wide range which is reflective of the range in quality coming from the Baja growing area. Quality is continues to be suspect even though volume is good. Tight inventory is recommended.
Cherries- Market prices are falling a few dollars moving into next week. Supplies remain healthy coming from the region.
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- North Carolina supplies are still producing a steady volume. FOB prices remain relatively flat as we head into next week and quality is still generally good. Georgia is still harvesting with a lower quality product than other regions due to rain, bringing a lower FOB market for this area.
West- FOB prices are down slightly on large and medium grades. Extra-large and choice remain relatively stable as
California pushes through their crop. Quality remains good from this area.
Red Bell Pepper
West- Pepper from the west is still in very short supply. Due to this supply gap, FOB prices are up again going into next
East- FOB prices have fallen a few dollars again as NJ, SC, and NC produce good supplies. MI is just starting their crop. West- Western growers have great supplies. FOB prices are down around $3 dollars and quality continues to be good.
East- Medium FOB prices are slightly up while the price of large remains flat. Supplies are improving from the region. Quality is still suspect due to the ample rainfall in the region. We advise to keep inventory tight.
West-. Quality is still looking good from the western regions. Supplies are coming in strong and FOB prices are down.
East- NC supplies remain short and quality is unstable. Therefore, the east continues to turn to NJ and MI to fill the already dry pipeline. Quality from MI is looking good so far. Due to the short supply gap, FOB prices are up
West- Supplies in the west are very light, driving FOB prices up significantly for carton, super select and select grades.
East- SC is producing a good supply of eggplant, however, FOB prices are slightly up.
West- Fresno has begun their harvest, but supplies are not plentiful enough to drive prices down. FOB prices are up a few dollars heading into next week. Stockton is about a week out from beginning their summer harvest.
East- FOB prices remain steady, yet we are seeing a slight upward pressure.
West- Light plantings in the west have resulted in limited supplies. FOB prices are significantly up.
East- Supplies and FOB prices are easing up slightly but volume is still very short.
West- Eastern Washington has just started which is putting downward pressure on FOB prices.
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.