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February 1, 2021 Supply Update: Asparagus – Much better volume from Mexican fields as well as Peruvian imports has this market significantly lower this week.

Asparagus

Asparagus – Much better volume from Mexican fields as well as Peruvian imports has this market significantly lower this week. We should see favorable pricing until the Easter runup if this year is anything like normal years. But who knows in the Covid era?

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. They expect these higher prices to go through the end of March.

Bell Peppers – No major volume from Florida, but volume remains steady. Due to last year’s losses, farmers planted less acreage this year compared to previous years. Mexico will continue to produce volume and, weather permitting, should see increased volume going into the spring.

Corn – Remains extremely tight and Florida is struggling to find any significant harvests. Expect prices to stay strong until the spring harvests begin.

Cabbage – The Florida & Georgia cabbage market remains high with very little availability. We’re seeing a lot of smaller sizing in the 18/20- count range after several weeks of cool weather.

Pineapple – Windy conditions prevail over Costa Rica, with wind gusts as high as 60 miles per hour, affecting many regions. Many areas have seen significant rainfall. Quality is reported as good but the additional rainfall is causing several issues like lower sugar, and some water spotting mainly on larger fruit.

Squash and Zucchini – Florida is starting to see better availability of squash and zucchini this week. Harvesting in Mexico is expected to resume this week, so we expect volume to get back to normal. Weather permitting, we can expect to see better volume in two weeks. Florida will continue to harvest but don’t expect normal supply from the Sunshine State until March.

Strawberries – California, and Florida growing areas are experiencing limited supplies due to cold and inclement weather, and markets are very strong. This situation could last for several weeks. That’s bad news heading into Valentine’s Day.

Q: What do you call a turnip with 4 equal sides?
A: A square root.