Just in time for Valentine’s Day, Church Brothers Farms is offering foodservice customers a new premium pack of Little Gem lettuce under the SweetHearts brand.
Far surpassing prior years, corn continues to soar at historic prices. Since this extreme price event is caused by low yields, corn farmers aren’t necessarily realizing big profits.
A look at iceberg lettuce volume and pricing over the past several years shows a similar winter pattern.
With the transition from Salinas and Huron, CA, to desert regions complete, growers report excellent lettuce quality, but prices will likely remain high until after Thanksgiving.
Out of an abundance of caution, Tanimura & Antle Inc. is voluntarily recalling its packaged single head romaine lettuce under the Tanimura & Antle brand, labeled with a packed on date of 10/15/2020 or 10/16/2020, due to possible contamination with E. Coli O157:H7.
Predictably, industry prices fell further. The downward trend will likely continue this week as demand remains low. We have a bit more time before the Thanksgiving pull typically impacts demand.
Though prices dipped slightly from last week, industry prices remain the highest seen for this week No. 41 over the last 15 years.
Week 40 prices have only reached the high of $0.85/pound once before in the last 15 years. Historically, prices decline through October until the Thanksgiving demand pulls them back up again at the beginning of November.
Our comment last week that Iceberg Lettuce “is poised to climb higher” proved to be an understatement.
Fire provides the drama, but the erratic weather the past month in the Salinas, CA, region takes the blame for market problems now. Prices for many leaf items are rising rapidly as growers report lighter yields and disease problems.