MARKET UPDATE JULY 12-16, 2021

Good afternoon,

The storm formerly known as Hurricane Elsa is drowning out any hope of a late season harvest in Georgia. SQUASH, PEPPER, TOMATOES, CUCUMBERS, EGGPLANT, etc..., will all see an early end to their southern season. As supplies move up further north, we will have to lean on early harvests out of Michigan.

CABBAGE is starting up in Michigan and Canada. Freight costs and the lack of Georgia supply may bring on a price increase in the coming weeks.

ONION supplies out of Bakersfield, California are nearing the end of the season. We received a video from one of our growers down in Mexico showing an entire field of onions submerged underneath flooding rains. Although New Mexico and California are still producing good numbers, the rain event in Mexico will put additional pressure on current supplies.

APPLE production continues to wind down up in Washington. GALA apple supplies are scarce, along with SMALL GRANNY SMITH and GOLD APPPLES. It has been a tough go as far as prices are concerned, but we are only about 4 weeks away from the start of new crop apples in MICHIGAN and WASHINGTON! Once we are into the new crop, we should see prices start to come off.

BERRY prices are on the move. Supplies are seeing challenging growing conditions in Mexico and here on the east coast due to rain and heat. RASP, BLACK, and BLUEBERRIES are all in short supply with raspberries specifically seeing quality issues. STRAWBERRIES are dealing with summer heat in California, but supplies look to have improved in the recent weeks.

Rising costs of doing business are causing shippers to change their prices on a few set priced goods. SPINACH and SPRING MIX from the Salad Farm plus ARTISAN packs from T&A are all going to see a price increase starting next week. They are justifying the rise in price due to higher freight, labor, and pallet costs. If you want to relay any of this information to your customers, please reach out and we can share the appropriate documentation from our suppliers.

More as it happens,

Parker Tannehill