Market trends For week ending june 28, 2019 - Performance Foodservice
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market trends WEek ending june 28, 2019 Beef, Veal & Lamb Last week cattle slaughter edged 0.5% over the week prior and was 2.6% larger than last year. Despite bigger beef production, lighter carcass weights continue to temper overall output. Beef output last week was flat from the prior week and was 1.5% over last year. Lighter carcasses are also supporting the 50% lean beef trim market, with prices pushing over the mid-$0.90’s area. Additionally, retail ground beef features are supporting grinds, and prices are failing to exhibit a normal seasonal break. Beef inter- est is expected to wane post Fourth of July, and the grinds are forecasted to trend lower into the mid-summer. Description Market Trend Supplies Price vs. Last Year Live Cattle (Steer) Decreasing Short Higher Feeder Cattle Index (CME) Increasing Short Lower Ground Beef 81/19 Decreasing Good Higher Ground Chuck Decreasing Good Higher 109 Export Rib (ch) Increasing Good Lower 109 Export Rib (pr) Increasing Good Lower 112a Ribeye (ch) Increasing Good Lower 112a Ribeye (pr) Increasing Good Lower 114a Chuck , Shlder Cld(ch) Increasing Good Higher 116 Chuck (sel) Decreasing Good Lower 116 Chuck (ch) Increasing Good Lower 116b Chuck Tender (ch) Increasing Good Higher 120 Brisket (ch) Decreasing Good Higher 120a Brisket (ch) Decreasing Good Higher 121c Outside Skirt (ch/sel) Increasing Good Lower 121d Inside Skirt (ch/sel) Decreasing Good Lower 121e Cap & Wedge Decreasing Good Lower 167a Knckle, Trimmed (ch) Decreasing Good Higher 168 Inside Round (ch) Decreasing Good Higher 169 Top Round (ch) Decreasing Good Higher 171b Outside Round (ch) Decreasing Good Higher 174 Short Loin (ch 0x1) Decreasing Good Lower 174 Short Loin (pr 2x3) Increasing Good Higher 180 0x1 Strip (ch) Increasing Good Lower 180 0x1 Strip (pr) Increasing Good Lower 184 Top Butt, boneless (ch) Decreasing Good Lower 184 Top Butt, boneless (pr) Increasing Good Higher 184-3 Top Butt, bnls (ch) Decreasing Good Lower 185a Sirloin Flap (ch) Increasing Good Lower 185c Loin, Tri-Tip (ch) Increasing Good Lower 189a Tender (sel, 5 lb & up) Decreasing Good Higher 189a Tender (ch, 5 lb &up) Increasing Good Higher 189a Tender (pr, heavy) Increasing Good Higher 193 Flank Steak (ch) Increasing Good Higher 50% Trimmings Decreasing Good Higher 65% Trimmings Decreasing Good Higher 75% Trimmings Steady Good Higher 85% Trimmings Decreasing Short Higher 90% Trimmings Increasing Short Higher 90% Imported Beef (frz) Increasing Good Higher 95% Imported Beef (frz) Increasing Good Higher Veal Rack (Hotel 7 rib) Steady Good Higher Veal Top Round (cap off) Steady Good Higher 3
market trends WEek ending june 28, 2019 Grains The corn and soybean planting season has slowed once again with adverse weather during the last week and more to come. As of Sunday, 92% of the corn crop and 77% of the soybean crop had been planted. But some farmers are opting to take insurance instead of planting. The grain markets could remain volatile throughout the summer. Description Market Trend Supplies Price vs. Last Year Soybeans, bushel Increasing Good Higher Crude Soybean Oil, lb Increasing Good Higher Soybean Meal, ton Increasing Good Lower Corn, bushel Increasing Good Higher Crude Corn Oil, lb Decreasing Good Lower High Fructose Corn Syrup Increasing Good Higher Distillers Grain, Dry Increasing Good Lower Crude Palm Oil, lb BMD Steady Good Lower HRW Wheat, bushel Increasing Good Lower DNS Wheat 14%, bushel Decreasing Good Lower Durum Wheat, bushel Increasing Short Lower Pinto Beans, lb Steady Good Higher Black Beans, lb Decreasing Good Lower Rice, Long Grain, lb Steady Good Lower Dairy Spot butter prices are modestly lower this week. Cheese block prices are down slightly also. Per the USDA, U.S. milk pro- duction in May was down .4% from the prior year but the milk per cow yield was .4% better than 2018. Dairy farmers grew the herd by 5k head during the month and better milk output gains are likely later this year. This should help seasonal dairy market price declines that occur each fall. In the near-term, look for cheese prices to weaken but rise thereafter through mid-August. Though butter prices usually soften in mid-July, they normally firm the rest of the summer. Description Market Trend Supplies Price vs. Last Year Cheese Barrels (CME) Increasing Good Higher Cheese Blocks (CME) Decreasing Good Higher American Cheese Increasing Good Higher Cheddar Cheese (40 lb) Increasing Good Higher Mozzarella Cheese Increasing Good Same Provolone Cheese Steady Good Same Parmesan Cheese Increasing Good Higher Butter (CME) Decreasing Good Higher Nonfat Dry Milk Increasing Ample Higher Whey, Dry Decreasing Good Higher Class 1 Base Steady Good Higher Class II Cream, heavy Increasing Good Higher Class III Milk (CME) Increasing Good Higher Class IV Milk (CME) Decreasing Good Higher 4
market trends WEek ending june 28, 2019 Pork Last week pork production set a record for any week between May and July and was a whopping 12.3% over last year. De- spite the escalating June pork output schedules, the USDA pork cutout has failed to decline precipitously, down (counter-sea- sonally) just 4.3% from mid-May and is 1.6% over last year. Elevated ham and picnic prices continue to support the pork cutout, but bellies have fallen more than 33% from their mid-April peak and are 21% cheaper than a year ago. Description Market Trend Supplies Price vs. Last Year Live Hogs Steady Ample Lower Sow Decreasing Ample Higher Belly (bacon) Decreasing Good Lower Sparerib(4.25 lb & down) Increasing Good Lower Ham (20-23 lb) Decreasing Good Higher Ham (23-27 lb) Decreasing Good Higher Loin (bone in) Decreasing Good Lower Babyback Rib (1.75 lb & up) Decreasing Good Higher Tenderloin (1.25 lb) Increasing Good Lower Boston Butt, untrmd (4-8 lb) Decreasing Good Higher Picnic, untrmd Increasing Good Higher SS Picnic, smoker trm box Decreasing Good Higher 42% Trimmings Decreasing Good Lower 72% Trimmings Decreasing Good Higher 5
market trends WEek ending june 28, 2019 Poultry For the week ending June 8th, chicken slaughter was up 13.5% from the holiday week prior but was 3.1% over last year. In addition to those harvest increases, bird weights were also up which pushed ready-to-cook chicken production 5% over the prior year. The six-week average of chicken output was up 2.5% (yoy). Rising production rates have yet to trim chicken prices, with the ArrowStream wholesale Chicken Index (USDA) rebounding this month. Chicken breast meat prices are showing late spring firmness which may extend into early July. Wing prices are relatively inflated, but escalating chicken production and waning interest is expected to pressure wing prices lower. Description Market Trend Supplies Price vs. Last Year Whole Birds WOG-Nat Decreasing Good Lower Wings (jumbo cut) Increasing Good Higher Wing Index (ARA) Increasing Good Higher Breast, Bnless Skinless NE Increasing Good Higher Breast, Bnless Skinless SE Decreasing Good Higher Breast Boneless Index (ARA) Increasing Good Higher Tenderloin Index (ARA) Increasing Good Higher Legs (whole) Decreasing Good Higher Leg Quarter Index (ARA) Steady Good Higher Thighs, Bone In Increasing Good Higher Thighs, Boneless Decreasing Good Higher Description Market Trend Supplies Price vs. Last Year Whole Turkey (8-16 lb) Steady Good Higher Turkey Breast, Bnls/Sknls Decreasing Good Higher Eggs Description Market Trend Supplies Price vs. Last Year Large Eggs (dozen) Increasing Short Lower Medium Eggs (dozen) Steady Short Lower Liquid Whole Eggs Decreasing Short Lower Liquid Egg Whites Steady Short Lower Liquid Egg Yolks Decreasing Short Lower Egg Breaker Stock Central Increasing Short Lower 6
market trends WEek ending june 28, 2019 Seafood Elevated price levels are encouraging U.S. snow crab imports. During April, the U.S. imported a whopping 37% more snow crab than the previous year. However, historically small Canadian snow crab quotas are still expected to limit the world snow crab supply. This is anticipated to temper any notable snow crab downside moves for the next several months. Description Market Trend Supplies Price vs. Last Year Shrimp (16/20 frz) Steady Good Lower Shrimp (61/70 frz) Steady Good Lower Shrimp Tiger (26/30 frz) Steady Good Lower Snow Crab, frz Steady Good Higher Tilapia Filet, frz Steady Good Higher Cod Filet, frz Steady Good Higher Tuna Yellowfin, frsh Steady Good Lower Salmon Atlantic Filet, frsh Steady Good Higher Pollock Filet, Alaska, frz Steady Good Higher 7
market trends WEek ending june 28, 2019 Paper and Plastic Products Description Market Trend Supplies Price vs. Last Year WOOD PULP (PAPER) NBSK- Paper napkin Increasing Good Lower 42 lb. Linerboard-corrugated box Steady Good Higher PLASTIC RESINS (PLASTIC, FOAM) PS-CHH-utensils, cups, to-go cont. Steady Good Lower PP-HIGP-heavy grade utensils Steady Good Lower PE-LLD-can liners, film, bags Steady Good Lower Retail Price Change from Prior Month Description May-19 Apr-19 Mar-19 Beef and Veal Increasing Increasing Increasing Dairy Increasing Increasing Increasing Pork Increasing Decreasing Increasing Chicken Decreasing Increasing Decreasing Fresh Fish and Seafood Increasing Decreasing Increasing Fresh Fruits and Vegetables Decreasing Decreasing Increasing Various Markets After pricing the highest since February (earlier this month), nearby Arabica coffee futures have fallen sharply over the last two weeks. Despite the Brazilian real finding support as of late, Brazil’s coffee exports are strong. If coffee prices continue to weaken, view it as a good forward buying chance. Description Market Trend Supplies Price vs. Last Year Whole Peeled, Stand (6/10) Increasing Good Higher Tomato Paste-Industrial (lb) Increasing Good Higher Coffee lb ICE Decreasing Good Lower Sugar lb ICE Decreasing Ample Higher Cocoa mt ICE Decreasing Short Higher Orange Juice lb ICE Decreasing Good Lower Honey (clover) lb Steady Good Lower 8
market trends WEek ending june 28, 2019 Produce Market Overview Due to the recent rainfall followed by extreme heat in our Salinas MARKET ALERT growing region, we are now experiencing shortages and escalated • Avocados – EXTREME prices in iceberg, romaine, and leafy greens. We are also seeing a • Berries (Blueberries, Blackberries, significant drop in yields in our Northern CA strawberry and blackberry Raspberries, Strawberries) - EXTREME production due to the recent rains and high temperatures. Celery is still • Cabbage (Red) – ESCALATED in a very EXTREME situation. Smaller-sized lemons are also EXTREME. • Celery – EXTREME • Green Beans - ESCALATED Apples & Pears • Lemons (small sizes) -EXTREME Demand is strong for Golden Delicious and Granny Smith apples; • Lettuce (Iceberg, Romaine, Green/Red 125- and 138-count storage supplies are limited. Washington Fuji, Gala, Granny Smith, and Red Delicious Apples are available. Braeburn Leaf, Butter) – ESCALATED and Honeycrisp volume has been depleted. Quality is excellent: fruit • Parsley: (Curly, Italian) - ESCALATED is crisp and juicy. Sugar levels range from 14 to 18 Brix. The market • Snow Peas – ESCALATED is unchanged; supplies are sufficient. D’Anjou Pears are available, as • Sugar Snap Peas - ESCALATED well as Bosc stocks. Sugar levels range from 12 to 14 Brix. California Bartlett’s will hit the market in mid-July. WATCH LIST • Baby Squash-East Artichokes Supply industry-wide is fair. Demand is fair and prices are steady to • Sweet Potatoes and Yams higher. Salinas Product Forecast: We are expecting markets to remain high because volume has gone down, due to the heatwave. Broccoli, Cauliflower and Celery markets will be strong this week. Tender Leaf will be very light next week. We are looking forward to a great week ahead. Quality Forecast: Yields and quality could continue to be off, because of the effects of the heat wave we had over the last 2 weeks. Expect Weather Temperatures in Salinas to be cooler than last week, with 78 being the projected high this week. Good Buys Each week, we spotlight commodities based on how favorable prices, quality, and supply are in the market. Stay ahead of the trends and look to these good buys for their stellar performance in the fields! Commodity Market Update Produce Expert Tip Peaches Domestic peaches are Hope you’re feeling peachy! Peaches are this week’s good buy. available out of South Loaded with Vitamin C, eating peaches can improve your skin Carolina and Central texture, reduce wrinkles, and help fight skin damage caused by the Georgia. sun and pollution. It is officially summer time, so protect your skin, stay hydrated, and eat your peaches! 9
market trends WEek ending june 28, 2019 Produce (continued) Arugula Raspberries Supplies and quality are fair, due to the recent heat wave. EXTREME Raspberries will be the least affected as they are grown under hoops and at elevations where they have not Asparagus been heavily impacted by heat. Standard has good volume; the larger sizes have limited volume. Strawberries EXTREME We are still experiencing severe shortages and Avocados higher prices due to the past rain followed by extreme heat in EXTREME – We are continuing to experience a very active the berry growing region. avocado market due to ongoing record high field prices in Mexico with no relief in sight. We are still experiencing Bok Choy decent volume arriving from Peru, while California continues 50# are in short supply and prices are up. Supplies are to produce steady numbers despite their seasonal coming from San Juan Bautista, CA. decline. However, at this time, there is not enough supply to counteract the decreased volume in Mexico. We are Broccoli requesting that customers be flexible on sizing as well as Supplies are steady this week; some fields suffered because origins. We will need to shift regions to Peru where necessary of heat last week. Supplies are steady and are expected to as well as sub sizes where needed in order to maintain back to normal in the next few weeks. the integrity of the supply chain. At this time there are no shortages. Brussels Sprouts Supply and quality are good, and demand is fair. Bananas Markets remain steady with consistent production and supply. Fruit quality is not an issue at this time. Brussels Sprouts Demand Fair Beans EAST: Short Supply! GA has ended and the coastal areas that Supply Good have begun were hit with heavy rain last week. The product that’s available is hit or miss with quality. Other local deals are Quality Good still a few weeks away. WEST: There are several areas in production, but no significant volume is available from any given region. Baja will Bok Choy be starting up in about 2-3 weeks. FOBs are up and quality is Demand Good fair to good. Supply Good Berries: Blackberries Quality Good EXTREME Due to the previous rain and high temperatures, we are seeing a significant drop in yields in our blackberry Broccoli production in Northern CA. We expect to see a shortage in supply and rising prices. Demand Good Blueberries Supply Good EXTREME Blueberries are in a harvest gap with the Pacific Quality Fair-Good NW being weeks behind schedule. Blueberries will be our toughest item for June. Prices will remain high and product is still very short in supply. Cilantro Demand Good Supply Fair Quality Fair 10
market trends WEek ending june 28, 2019 Produce (continued) Cantaloupe Eggplant We are going on the California and Arizona Desert regions EAST: GA has had nice hot temps, which eggs love. Volume with descent volumes on the 12’s and larger, light volumes on is coming on strong. FOBs are low and quality is good. Plant the 15’s. The overall quality is very nice with good sugars and City still has a few packages shipping, but quality is not good nice clean net. The brix has been 13-14 so fruit is eating well, enough to meet #1 grade. and internal color is excellent with a tight cavity. The market WEST: MX is wrapping up this week which puts the pressure is fairly strong due to cooler temperatures and volumes not on the CA desert. Supplies are slowly starting to come online, coming off at a rapid rate. Weather is supposed to warm up but things are still snug. FOBs remain high and quality is just next week and should see some better volumes. average. Carrots English Cucumbers Supply and quality on carrots is good. Supply is now available There is a steady supply available from Florida, Mexico, and in Georgia as well. Canada. Cauliflower Fennel Supplies are expected to be very good this week. Supply on fennel will be short for the next few weeks due to frost damage and the Yuma season finishing with light supply. Celery We will continue to see a majority of smaller fennel this week - We are in the third week of harvesting in Salinas, CA. Celery 18s and 24s will remain limited. prices are still high, but are finally coming down a bit. Prices are mainly in the high 50’s and low 60’s. The weather in Garlic Salinas should be back to normal and we are also expecting Supply is firming up and markets are active due to trade tariffs normal volume as well. being imposed on products from China. Cilantro Supplies are snug this week. Corn Markets are down, with good supply available on yellow, white, and bi color out of Florida and the desert. Cucumbers EAST: GA’s crop is starting to wind down as May’s heat took its toll on production and quality on the later plantings. North Carolina crop is also for the most part wrapped up. Fortunately, the scattered local programs are starting to pop up all over. FOBs are up as supply is fragmented. Quality varies by grower and by region. West- Nogales has about another week or so left until they call it quits. Baja’s volume was recently down slightly due to weather but has since started to pick back up. FOBs are up slightly with the decrease. WEST: Nogales has about another week or so left until they call it quits. Baja’s volume was recently down slightly due to weather but has since started to pick back up. FOBs are up slightly with the decrease in availability with good quality from both areas. 11
market trends WEek ending june 28, 2019 Produce (continued) Ginger Green Onions Chinese ginger markets are mixed, but quality is good. Also, We are seeing good movement from Eastern demand. product is available at higher costs from Brazil, Peru and Supplies are plentiful from Mexico. But many growers will Thailand. be reducing volumes in the next few weeks, due to reduced summer planting schedules. Also, many growers are now Grapes harvesting at night to reduce heat related damage to crops. We are in full swing out of Mexico and Coachella things are finally starting to get better as crossings have increased and Honeydew plenty of availability across the board, and prices are finally Market is a bit stronger than the Cantaloupe Market as we starting to ease. The Mexico fruit has been fighting sugar, but are harvesting in Mexico, Arizona and the Desert region of weather has helped to bring it on. The overall quality of the California. There are lighter supplies across the board due fruit out of both regions is very clean, firm, and good color. to much less planted acreage in the regions this year. The The sugars will continue to get better in the next week to overall quality out of all regions has been good with a clean 10 days. The expected volume out of Mexico is 22 million and green to cream cast. The internal color and sugars look compared to last year’s crop at 14 million and they are about good as a well as a nice cavity. We are expecting to see good 2-weeks later than normal so we for sure will not have a gap quality going forward through all these regions barring any when we transition to the Central valley around the 4th of July. major weather. Green Cabbage Jicama Supply and quality are good in the West; we are seeing the Steady supply crossing through Texas. impact of rain, which is causing post-harvest issues, in the South and Mid-Atlantic. Kale (green) Supply is good and quality is fair. Red Cabbage Supplies are very tight this week. Lemons We are still picking some fruit out of Dist. 1(Central Valley) and have started to pick Dist. 2 (Coastal Regions) fruit, just primarily size picking to relieve the trees of some stress. We are peaking on the big sizes and 165’s and smaller are very limited and market much stronger and will continue to see this heading into the summer due to all the rains, fruit has been growing and peaking on 95’s,115’s. The overall color is excellent as well as juice content. The moisture has also been creating spores in the fields as well and we will hope that it is not to extensive on the clear rot, but it is inevitable, and we are doing al we can to help slow the spores down in the field and in the packinghouse. Again, we are blessed to have the moisture, we will get through it one way or another. Also starting to see a few Chilean imports arrive but bigger volume starting around the mid of July as Mexico will start about the same time as well. 12
market trends WEek ending june 28, 2019 Produce (continued) Green Leaf Lettuce Demand Good Supply Fair Quality Fair Red Leaf Lettuce Demand Good Supply Good Quality Fair Butter Lettuce Demand Good Supply Good Quality Fair Lettuce: Butter Napa Cabbage We currently have decent supplies of butter lettuce. Quality is Demand Fair consistent and demand is stable. Supply Fair Green Leaf Green leaf yield is slightly down, mainly because of recent Quality Fair changes in temperature this time of year. We are seeing some irregular sizing, fringe/wind burn and occasional internal burn. Parsley Demand is strong as markets are continuing to advance. Demand Good Iceberg Lettuce The key to this week will be what the yields are. Last week we Supply Fair were about 20% below budget and this week will most likely Quality Good be the same. Quality has also been affected by the heat and there are a little more cosmetic issues than normal. The market is active and will continue to be that way, with lighter volumes Radicchio overall. Demand Good Romaine & Romaine Hearts Supply Good Demand is strong for romaine. Industry supplies are down about twenty percent right now. Harvest crews are doing a Quality Good good job of putting together good packs but are dealing with many quality issues. Cupping, fringe/wind burn, twist and occasional internal burn are present, which are reducing yields at the field level. The market is continuing to advance. 13
market trends WEek ending june 28, 2019 Produce (continued) Limes Jalapeños (Chiles) The market is steady to slightly higher compared to last week. EAST: GA has a steady stream to keep eastern demand Rain in Mexico reduced the volume of shipments into South afloat. Look for the scattered eastern deals to come alive Texas. Quality is good with occasional issues of scarring and in the next few weeks. FOBs are steady with good quality yellowing. available. WEST: Nogales is winding down with subpar quality. Napa Buyer beware of the cheap product as there are a number Supplies are tight this week. of defects in these cases. Baja has better quality but is demanding a higher price point. Onions The onion market is hot as a result of all the rain NM got Red & Yellow Bell Pepper last week. Most all the sheds down there should be up and EAST: Very limited volume is importing from Honduras, running and I expect that this onion market will settle down therefore, most demand is turning to Canada & Mexico to a little over the next few weeks. The sheds are well behind bridge supply needs. FOBs are up with fair to good quality on filling orders and this is keeping the market up. I don’t available. believe we will see any single digit fobs on yellows out of there WEST: Both Canada & MX’s production has slowed over this year. Its going to be a good market this year for these the last week, but with good weather in the forecast, things summer onion growers. should rebound through transition in the next few weeks. Green cast has been the biggest concern from both regions. Oranges Look for FOBs to increase with the snug supply. We are still running navels, quality is a bit rough due to nearing the end of the season. You will see some soft fruit with puff and crease, also some clear rot due to all the moisture this season. We have also started some Valencia’s and will continue through the summer, the overall crop volume is of normal size and peaking on 88’s,113’s. The overall quality of the Valencia’s looks good now, but fruit will have a tinge of green with good internal juice and sugars are 12-13 so eating good, and keep in mind they are a Valencia that has been on the tree for about 15 months. Parsley(Curly, Italian) ESCALATED Supply is tight due to recent quality and weather-related issues. Green Bell Pepper EAST: Georgia still has some pepper, but heat and rain are starting to take their toll on quality. #1 grade fruit is very limited from this region. A few local deals are starting to pick in the Carolinas with more volume expected next week. These will bridge the gap until MI, NJ, and the other scattered local deals take over for the remainder of the summer season. FOBs are up and quality is split. WEST: Supply is transitioning from the CA desert into the Bakersfield area. Legrande is projected to start this weekend, 1-2 weeks ahead of schedule. Despite Legrande coming on board, supply will be snug for a couple of weeks through transition. FOBs are up and quality is mostly good, but some fair crops coming from older regions. 14
market trends WEek ending june 28, 2019 Produce (continued) Pineapple Sweet Potatoes and Yams Pineapple markets are trending towards smaller sizes. We are WATCH LIST The sweet potato market continues to be tight expecting to see less 5’s and more 7’s and 8’s for the next 2 after many growers were affected by Hurricane Florence in months. Quality is very good right now, climate in Costa Rica North Carolina last September. Increasing demand and heavy has improve which is optimal for maintain good quality. rains in Mississippi, Louisiana, Arkansas, and Alabama also created challenges for the other major growing regions, but Idaho Potatoes luckily quality and size is still good. We will continue to see The remaining supply in Idaho looks pretty small based on the price of sweet potatoes rise month by month over the the lack of movement on small cartons. 70cts and larger are summer until we get to next season’s harvest. up again this week with tight supplies across the state. Most Growers are projecting a new crop start date of the second Yellow Squash/Zucchini week of August. EAST: Eastern production is scattered all over, but no source has a significant amount of volume. Many regions Radishes experienced weather, both rain and cooler temps, which is Markets are firming up due to heavy precipitation and wind impacting quality. FOBs are up with the fragmented regions damage to fields. and subpar quality available, especially on yellow. WEST: Baja, Santa Maria, & Fresno are all producing steady Salad Blends numbers. CA seems to have the better quality, but as usual, Prices are climbing; iceberg and romaine volume is limited. yellow is showing more scuffing that we’d like to see. FOBs Quality is fair. Inspectors are closely monitoring finished are flat with relatively good quality available. cartons for heat-related defects, as well as chunks and cores, to achieve the best packs. Snow Peas ESCALATED Many areas are still shut down, but we should start to see some product in the next weeks. Sugar Snap Peas ESCALATED Many areas are still shut down, but we should start to see some product in the next weeks. Spinach (Bunched) Spinach supply and quality are fair due to the recent heat wave. Spinach (Baby) Supply and quality are fair due to the recent heat wave. Spring Mix Supplies are fair/good. Quality has been fair because of recent rain, followed by hot weather. 15
market trends WEek ending june 28, 2019 TOMATOES WEST/MEXICO Rounds EAST Western supply continues to be driven by vine ripes, but mature Rounds greens are quickly picking up steam. New crop vines from eastern Eastern tomato production was on a slight hold last week due to MX & Baja are looking great. Nogales still has a handful, but these rain, but things have since cleared up in the SC, FL & GA regions. are quickly on the decline as their season wraps up. Northern SC fruit has a larger size profile than other regions, but the full CA mature greens have started in a light way, with more growers spread is readily available. Recent rains had initially affected quality, coming on board each week. Expect things to be going full steam but things are starting to bounce back. FOBs are steady but closer to July 1. FOBs are steady with good quality available. Note, feeling a little downward pressure as the western market picks up Nogales quality is poor to fair. steam. Romas Romas Strong volumes are coming from Eastern MX & Baja this week. Supply continues to be limited as suspected. Romas are in Northern CA has begun in a light way and we will see this the hands of few from the Quincy region. TN, VA & NC will be continue to ramp up through July 1. No shortage of romas at running in July. The west is the driver seat for summer season. this time. FOBs are down and quality is good to excellent. FOBs are steady with good quality available. Grapes/Cherries Grapes Similar to rounds and romas, Eastern MX & Baja are in the Grapes are readily available in FL/GA & SC this week, with SC driver seat right now. FOBs are steady and quality is good carrying most of the volume. Sizing was on the bigger side (much improved from prior weeks). initially, but this has since leveled out as we move into 2nd and 3rd picks. FOBs are steady moving into the end of this week. Tree Fruit Quality was somewhat questionable the last couple of weeks Supplies are going good on Peaches, plums and Nectarines due to rain, but we are seeing improvements with the later market but still strong as the cool weather has slowed growth, picks. but we are looking at hot temperatures starting today and fruit volume will really start to increase and markets should ease a Cherries bit. Cherries are also tight due to the rains that caused some Steady as she goes, there is good availability from the major damage. southeast region. FOBs are steady to slightly down with good quality available. Watermelons Good supply crossing through Nogales and McAllen. New crop is also available out of the desert and South Georgia. Quality is outstanding. 16
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