MARKET UPDATE NOV 2-6, 2020

Good Afternoon,

We received news that another phase of the USDA Farmers to Families program is slated to run from November through the end of the year. Several commodities will see a spike in demand because of the continuation; APPLES, CARROTS, POTATOES, and ONIONS, to name a few. Look for demand to increase on smaller sizes and bagged skews over the next few weeks.

HALLOWEEN is here and aside from tricks and treats, that also means we are approaching TRANSITION! We are a few weeks out from supplies starting down in YUMA, ARIZONA. This change could not come at a better time, as we have had terrible quality issues out of California. The silver lining here is that temps have recently dropped, giving us a good line on some quality product to finish out the California deal.

Speaking of Holidays, we are starting to see EGGNOG, CRANBERRIES and other seasonal fixtures become available. Give us a call to secure your seasonal items early!

Although this holiday season is unlike any other, we still anticipate a demand bump from Thanksgiving. We anticipate things to get a bit tighter overall the week of November 16-22. MUSHROOMS, EGGS, BUTTER, DAIRY, YAMS, FRUITS, and VEGGIES will all see an increased level of activity for the holiday.

Offshore MANDARIN supplies are winding down this week. Peru, Chile, and Uruguay are all finished for the season. We are onw to two weeks out from Moroccan arrivals.

MELONS look to hold on through the switch from domestic supplies to imports. CANTALOUPES and HONEYDEWS can get active this time of year, but it looks like we are in for a smooth transition thanks to a solid supply out West and a timely start to import fruit.

PLUMS are the last STONEFRUIT standing! Peaches, Nectarines, Apricots etc..., are all finished up for the season. We expect there to be availability on BLACK PLUMS for another month or so. Prices should slowly rise as supply diminishes.

Production out of Florida and Georgia has been strong on YELLOW SQUASH and ZUCCHINI. We are seeing loads of volume available in the south and because of that, market prices have been lower.

More as it happens,
Parker Tannehill