After only a moment of record high prices, markets begin descending. The overall industry’s price decline has two major drivers: supply volume increased in both vegetables in South Georgia and stone fruit from the Northwest.
Magic Sun, a leading hydroponic grower in Mexico, is seeing continued growth and demand in its original tomato product line.
Prices are on the upswing, climbing another 7 percent on an industry-wide basis.
Despite valiant surges by bell pepper and cauliflower, the produce industry needs an increase in demand to drive up struggling prices.
Ark Foods has set out to challenge what grocery shoppers think when they hear “Bell Peppers.”
The tropical storm that hit Florida in November and damaged crops could have lasting effects on vegetable markets.
Despite the turbulence in the economy this year, the bell pepper continues to be a strong crop in multiple regions. However, as a side effect of the pandemic, this year the market share changed dramatically, and two regions specifically felt this effect.
Somewhere in Mexico there has to be a billboard that says, Bienvenido a la tierra de los pimientos. Welcome to the land of peppers.
Our comment last week that Iceberg Lettuce “is poised to climb higher” proved to be an understatement.
Unique events dominate the headlines this week, though fortunately having only a slight impact on prices.