What do fresh produce markets and college basketball have in common? They're both impossible to predict in March. Like skyrocketing lime prices and a 15-seed team that knocks out a 2-seed team in the first round, some things are unpredictable.
Winter Olympians and Ottawa truckers weren't the only ones shivering in the bitter cold this week. Across the country, temperatures plunged as two massive storms battered much of the U.S.
After four weeks of descent, the ProduceIQ Index rebounded by +2 percent. Overall, produce prices tend to increase from the increased demand of the December holiday season and slightly due to the import of cherries.
The Guatemalan Produce Trade Association reports fresh vegetable imports from Guatemala have increased year-over-year. According to USDA/FAS statistics significant volumes in several key vegetable categories have risen over the past year.
Air-conditioned grocery stores won’t save Americans from price heat on this Independence Day. Prices are up +7.9 percent over the previous week.
In keeping with their core strengths of top quality product and first rate service, Rouge River Farms is thrilled to announce the acquisition of all assets and shares of Magnolia Packing, finalizing today, June 1.
Grape volume falters slightly in the Coachella Valley. In response, prices hurdled upwards, +44 percent.
Although overall markets are down this week vs. last, prices hit record highs, $1.10/pound. The previous record, established in 2016, saw markets cap out at $1.03/pound for this week #17.
The tropical storm that hit Florida in November and damaged crops could have lasting effects on vegetable markets.
Homestead, FL, was directly impacted by Tropical Storm Eta with heavy wind and rain. As a result, Tomatoes, Beans, Cucumbers and Squash, all commodities grown in Homestead, experienced a major jump in price.