Tag: produceiq
ProduceIQ: Prices dropping despite weather problems
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The U.S. has a nearly 90 percent chance of seeing El Nino weather trends persist this summer. So what does that mean for fresh produce? In general, this means the South can expect cooler and wetter than average weather (welcome news for non-snowbird Florida residents), and the North can expect dryer and warmer than average weather.
ProduceIQ: Demand softens as summer heat kicks on
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Overall produce prices are running below average. Down another -5 percent, prices are contradicting historical norms for week #19
ProduceIQ: Eastern produce markets transition to Georgia
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Big news this week. Green beans are extremely tight on both coasts, and prices are being pushed to a ten-year high. The Mother’s Day pull is keeping the demand up.
ProduceIQ: Prices begin decline as new crops warm-up
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Lots of insane weather in Florida and throughout the Southeast this past week. Heavy rain, golf ball-sized hail, severe wind, and even a few tornadoes in Palm Beach County caused damage to the homes, cars, and the remaining crops of producers in the state.
ProduceIQ: Spring showers now affecting East Coast harvests
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More wet Southeast weather is in the forecast this week—welcome news for drought-weary Florida, but not as joyful news for tomato lovers. Showers are forecasted to barrel through the state beginning Monday afternoon and continue through the week.
ProduceIQ: Markets bracing for volatile transitions
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March inflation reports are inspiring cautious optimism.
ProduceIQ: Prices rise again in anticipation of Western supply challenges
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Up for the third week, overall produce prices are still technically following typical week #14 trends. Although, the storms that drenched California and filled the Sierras with snow will likely unfold as higher-than-normal produce prices over the next few months.
ProduceIQ: Easter demand strengthens prices
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It’s Easter week, and produce markets are reacting strongly to the jump in holiday demand and decrease in the supply of heavily weighted commodities like grapes and berries. Overall prices are up +10 percent over the previous week.
ProduceIQ: With Salinas transition behind schedule, growers work to extend harvest
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The annual transition northward from areas such as Brawley, CA, back to Salinas, CA, is behind schedule. Growers in the South will attempt to prevent a gap in production by extending the harvest.
ProduceIQ: Cold front pushes off Spring demand
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Spring has sprung, but the cold weather missed its exit cue. A cold front is sweeping the U.S. early this week, bringing rain and unseasonably chilly temperatures.