Bondi Produce Market Report May 23rd 2023

WHAT YOU NEED TO KNOW THIS WEEK
Overview:

Markets are stronger on tomatoes out of Mexico and Florida as we are transitioning in both regions. Over the next few weeks we will see more transitions to Otay/Baja, Coachella, Quincy and Carolinas. We expect to see active markets through the rest of May on and possibly June rounds and romas.

Supplies are stable on pepper, cucumber, squash, and corn. The hot pepper market continues to improve, but serrano, shishito and anaheim the highest priced and shortest available, minis are also short this week. Offshore melons are sung while crossings from Nogales are ramping up in the desert and will most likely start in 3 weeks.

Market is extremely tight this week as the volume of offshore season comes to an end. Fortunately, we may see new crop fruit crossing from Mexico this week but very few. We expect an extremely volatile and short market for the next few weeks. We feel this next ten days might be the roughest on supply then gradually improve. Over the next two weeks, shorts will occur and substitutions to alternate items such as mixed melons will be necessary to keep the supply chain constant.

Supplies continue to improve in the Salinas Valley and markets continue to settle at lower levels and lettuce, romaine, leaf items, broccoli, and cauliflower. We will still see some growers continue to have unstable supplies through the balance of the month of May and into June, but we are not anticipating and major shortages over the next few weeks. In the next few weeks, the avocado market will likely adjust by a few dollars as several transitions occur. Mexico’s current crop is winding down, but it will overlap with the beginning of the Loca harvest.