Market Report June 27th, 2022
This Weeks Market Updates
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 in the Southeast. We hope to see this improve over the next 2-3 weeks as newer regions ramp up production.
In the west we are transitioning from the desert to the Central Valley on pepper, corn, beans, and squash. Local tomatoes are ramping up in the southeast from South Georgia, and South Carolina to Alabama. Bananas will be tighter than normal due to a tropical storm affecting harvest and damaging infrastructure in Guatemala; we do not expect shortages at this time and are evaluating with our partners daily.
In the Salinas Valley we continue to monitor the INSV virus, which is showing in some fields throughout the valley, which could cause some decrease in available supplies from certain shippers.
CARROTS (JUMBO) – ESCALATED
AVOCADOS – ESCALATED
There is currently roughly a 4% decrease in overall supplies from all countries of origin. The continued decrease in supply has caused markets to uptrend week over week. The market participation between CA, MX, and PR is quite even.
ORANGES – ESCALATED