Market Report June 20th, 2022
This Weeks Market Updates
This week we are starting to see the seasonal transition begin from South Georgia to Tennessee, the Carolinas, and Alabama on the entire vegetable category. Hot peppers continue to be short at all border crossings, and the southeast. This should improve over the next 2-3 weeks as newer regions ramp up production.
Green beans overall quality form the east has been good, and Georgia production is better this week. Current italian parsley quality is good, fair supply on curly parsley with good demand.
Mushroom quality is good, although supply is down and markets are higher primarily due to a lack of labor, shortages in component of growing such as peat moss and other inflationary pressures.
GREEN BEANS – ESCALATED
Mexico is winding down and Coachella is already wrapped up. Although there are a few stragglers, the heat this week should close the season, and we should see a little bit of availability out of Fresno, and the coast this week.
In the east, overall quality has been good; Georgia production is better this week. The transition north should start in the next week, or two.
HOT PEPPERS – ESCALATED
Volume has transitioned to South Georgia on all varieties and volume will ramp up this week. Cubanelles and Jalapenos are the best value while long hots, poblano, and Hungarians are scratching.
In McAllen and Nogales, prices remain firm this week but much improved availability on Anaheim, jalapeno, serrano, and poblano. Jalapenos and tomatillos are firm but should improve as volume ramps up out of Baja.
ITALIAN PARSLEY – ESCALATED
Quality is good, fair supply on curly parsley with good demand.
A very light supply continues, and the market is escalated with much higher pricing.
MUSHROOMS – ESCALATED
Quality is good, although supply is down, and markets are higher primarily due to a lack of labor, shortages in growing components such as peat moss and other inflationary pressure.
We expect to see this continue to be a challenge until some of the growing costs can get under control of this particularly labor intensive and cost sensitive item.