Markon Cooperative BB #:123315 released this grape market update this week:
Grape markets remain elevated. The California grape crop will be lighter this year due to quality challenges caused by rain from Tropical Storm Hilary.
California
California-grown Markon First Crop (MFC) Lunch Bunch Grapes and Markon Essentials (ESS) Grapes are available
Red and green seedless grape prices remain elevated; expect markets to continue rising in November
Tropical Storm Hilary’s rain damaged crops; California’s crop is estimated to incur a 20-25% loss
Quality issues include bursting skins and fungus within the clusters, causing grapes to rot and decreasing available supply dramatically
Markets are expected to be steady in October; extremely low volume is anticipated in November which will elevate pricing once again
Chile/Peru
Offshore grapes are expected to arrive in the U.S. by early December
Export demand will be higher than past years due to limited supply from California
Markets are expected to be higher than previous seasons
Please contact your Markon customer service representative for more information.
Markon Cooperative BB #:123315 released this grape market update this week:
Grape markets remain elevated. The California grape crop will be lighter this year due to quality challenges caused by rain from Tropical Storm Hilary.
California
California-grown Markon First Crop (MFC) Lunch Bunch Grapes and Markon Essentials (ESS) Grapes are available
Red and green seedless grape prices remain elevated; expect markets to continue rising in November
Tropical Storm Hilary’s rain damaged crops; California’s crop is estimated to incur a 20-25% loss
Quality issues include bursting skins and fungus within the clusters, causing grapes to rot and decreasing available supply dramatically
Markets are expected to be steady in October; extremely low volume is anticipated in November which will elevate pricing once again
Chile/Peru
Offshore grapes are expected to arrive in the U.S. by early December
Export demand will be higher than past years due to limited supply from California
Markets are expected to be higher than previous seasons
Please contact your Markon customer service representative for more information.