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December 21st, 2020 Supply Update: The banana market is one that doesn’t change much and stays relatively stable throughout the year as most buyers are on contracts that keep pricing the same for years at a time.

Banana

Bananas – The banana market is one that doesn’t change much and stays relatively stable throughout the year as most buyers are on contracts that keep pricing the same for years at a time. This year is different in many ways, though. Not only do they have unprecedented demand due to covid-19, two back to back hurricanes have devastated the tropics and many banana groves as well as infrastructure and packing facilities. We’ll be seeing price increases this coming week as a result. They expect these higher prices to go through the end of March.

Berries – After weeks of extremely limited harvests and strong pricing, Strawberries from Oxnard and Central Mexico growing areas are increasing their volumes and Florida will also start with limited numbers in the next few weeks. We’ll see heavier production and lower pricing in the coming weeks.

Corn – Georgia has cleaned up their corn for the season and Florida is basically out until the new year. Supplies are nonexistent.

Cabbage – is growing in multiple areas now and pricing is lower.

Eastern Vegetables like squash, peppers, cucumbers, etc. were in plentiful supply as Florida fields get cranked up, but cold weather slowed production. Mexico is starting their veggie season also, bringing a lot of product to market. Strong Christmas demand put a bit of pressure on the markets but they didn’t change much.

Asparagus farmers are shipping high volumes of gorgeous ‘gras right now and prices are about as low as they get. Farmers are struggling to move all the product they’re growing and dropping prices to get it sold.

Lettuces Supplies of iceberg and leaf lettuces are plentiful this week with demand lower. Quality reports from Yuma, AZ are showing overall good quality with occasional light blister and wind burn. The weather forecast calls for average temperatures in Yuma toward the end of this week, so supplies should stay in better shape.

Broccoli and Cauliflower – are extremely tight, with limited production coming from Arizona after the transition to new seasonal fields.

Q: What’s the difference between the Christmas alphabet and the ordinary alphabet?
A: The Christmas alphabet has no L.