MARKET UPDATE NOVEMBER 3, 2023

Good afternoon,

The BLUEBERRY supply shortage is finally beginning to ease up. Import fruit from Peru and Chile has started to land in the United States by air and sea. The inbound imports will help create some availability and ease markets in the short term but things will really start to turn around when Mexican BLUEBERRIES start up in the next few weeks.

By next week, fresh harvests of LETTUCE, ROMAINE, BROCCOLI, and CAULIFLOWER will be available out of the winter growing region, Yuma, Arizona. We will be one step closer to completing the transition and moving towards healthier plants and better quality. This year.s fall transition has had its issues but compared to the last two years, it has been a mild one! Pricing has remained relatively stable and quality has been less than ideal but something that we must grow accustomed to this time of year.

BRUSSELS SPROUTS supplies are improving as we are finally seeing domestic production assist with the shortages we have been facing out of Mexico. Availability struggles started way back in April and have held pricing above $50 for nearly 6 months. We can finally say that brussels sprout pricing is heading LOWER for the next few weeks.

CARROT sizing continues to pose a problem to growers in Mexico, Canada, and the United States. Shippers in California aren't taking on any new business and the product that is available is priced out high enough to slow down demand. We expect to see supplies improve out of Mexico in the next few weeks, hopefully lowering market pricing.

CABBAGE markets have been on a bumpy ride over the last few weeks with Canadian growers finishing up harvests and moving product into storage. We have seen markets move up and down over the last three weeks but expect things to settle in as Georgia CABBAGE starts up. Domestic product loading closer to home should result in some lower pricing in the weeks ahead.

More as it happens,

Parker Tannehill