MARKET UPDATE WEEK # 38

Good Afternoon,

Summer is finally in our rear view as we make our way into the fall season! VEG on the east coast has begun it's transition down to Georgia, BERRIES are starting to pop up down in SANTA MARIA, and APPLES are coming on strong.

Speaking of APPLES, NEW CROP RED, GALA, FUJI, GRANNY, AMBROSIA, GOLD, and other staple varieties are all available. As we move through September, more fruit will be harvested, and we will see some of these markets continue to come off.

KIWI doesn't get much love in our market update, but prices continue to get stronger. We are seeing a gap between CHILEAN and ITALIAN supplies that may last another two to three weeks. There are some rumblings of fruit showing up next week, but as of now, supplies are extremely limited, and demand is still steady.

PEPPERS are in promotional volume! RED, YELLOW, ORANGE, and GREEN PEPPERS are all in GOOD SUPPLY.

NECTARINES are finished for the season. We will start to see STONE FRUIT availability begin to dwindle over the course of the next month or so.

We are going to see the first STRAWBERRIES out of SANTA MARIA next week. It has been another rough summer for STRAWBERRIES, but we are hoping that the new plants down in Southern California will provide us some fruit with better shelf life.

LIME markets are finally coming back down to earth. There are some cheap pocket deals on very small sizes, but standard packs are finally back to lower price levels. Supplies have picked up out of MEXICO, GUATEMALA, and COLOMBIA, giving the market several sources to choose from. A variety of supply should ensure better choice in quality, as well as more competitive pricing!

GRAPES out of CALIFORNIA have been stable this summer. There are some price gaps between small/medium and large/XLG sizing. We are expecting the good volume on grapes to continue for at least another month.

BROCCOLI markets have finally started to come off.. slightly. Broccoli is a slower growth commodity, so it takes a little bit of time for supplies to catch up after a gap. By now, most of us are aware that when BROCCOLI moves, CAULIFLOWER is not far behind it. Cauliflower is a dinner table substitute for Broccoli and goes through a similar growth process. The connection between the two markets is so clear, you can almost set your watch by it!

More as it happens,

Parker Tannehill

Parker Tannehill