Bondi Produce Market Report July 5th 2023

Overview:

Showers and severe weather in the southeast have harmed a lot of the corps in South Georgia. We are seeing some shorts and pro-rates on a few categories due to delays etc., with the most severe being corn. Markets on bell pepper, cucumber and squash are moderate in general. We are in the middle of another transition as South Georgia wraps up to North Carolina and Tennessee.

Hot pepper market is very active this week as Sinaloa wraps up and Baja is late to start, and this is driving prices higher with strong demand on the Mexican national market keeping a majority of the Mexican crop in Mexico. Tomatoes in the east are short as Florida and South Carolina wrap up for the season and transition is underway to Tennessee and North Carolina. Melons in the desert will wrap up this week in the desert and we should start the to transition to the California Central Valley next week. Honeydew remains very snug.

Supply continues to improve in the Salinas Valley and markets continue to settle and we will still see some growers continue to have unstable supplies as navigate through June, but we are not anticipating and major shortages over the next few weeks. Celery supplies are slowly improving although market is still very active. Salinas will be starting in a light way with improved volume by the end of the month.

Despite Mexico’s new avocado crop (Loca) opening this week, limited volume remains available. Mexico’s rainy season is delayed, and many orchards are not ready to harvest. The dry matter has to reach a minimum of 22% for import into the U.S. Weekly volumes from Mexico are expected to remain around 30M pounds per week, which is low enough.