We can’t guarantee 2023 will end on a high note, but we can predict it will be an expensive finale for produce buyers.
Heavy rain and cooler weather have plagued growers across the Southeastern US and Mexico for weeks. Produce prices are accelerating as holiday demand swells.
Supply is strong for commodities beginning their winter season in the Western Desert region, and the annual transition from the Salinas Valley, CA, may stick a soft landing (to steal a phrase from the fed) despite El Niño related weather challenges.
The desert is ramping up production, and produce prices are here to tell the story. In line with historical trends for week #48, the ProduceIQ index is down -5 percent over the previous week.
Predictably, post-Thanksgiving green bean prices are falling faster than the snow across the Midwest. Average prices are down -37 percent over the previous week.
This week’s price index is a little misleading. Despite appearances, fresh produce for your Turkey Day menu is a bit more affordable than last year.
Heavy rain is forecasted for the Southeastern U.S. and California this week. This may come as dismal news for growers nearing harvest, but it is a reason to give thanks for off-season growers still fighting the effects of extreme drought.
El Niño turned the chillers on. Now, growers across North America are scrambling to salvage the last bit of their fall season as production shifts to warmer climates.
Buckle up and prepare to see significant fluctuations in the supply and prices of products grown in the Salinas/Watsonville areas.
While we were washing away our last few memories of COVID restrictions at IFPA, Hurricane Norma made landfall on the Southern tip of Baja California, Mexico, as a Category 1 storm and then again in Sinaloa as a tropical storm. Rain from the tropical system will impact growers in North and Central Mexico.