Your weekly Market News report is here! For an update on the produce industry, continue reading:
LETTUCE: Supplies will be heavy the next two weeks. Now is a good time to increase your ten-week average. Quality has been very good, and the market is steady to slightly softer. Forecast is for prices to be steady at current levels for the next week or two.
ASPARAGUS: The market is active. Mexican volume is tight due to cold weather, and Peru’s volume is declining. Quality is good.
ONIONS: Prices on onions are holding or pushing up. Tighter supplies have led to stronger pricing on onions and higher freight rates also factor into that pricing.
GREEN BEANS: Florida quality is erratic with sluggish demand. The market is high on good quality beans. Mexican volume is steady with moderate demand. The market is expected to get stronger.
WATERMELON: Seedless watermelons are steady and will include the offshore supply, which will raise availability. Quality of the new crop from Mexico is looking very good as well.
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