Fords Produce Company Inc Since 1946 | 1-800-821-FORD (3673)

November 22nd, 2021 Supply Update: For years, consumers have shopped the produce aisle enjoying the relatively low cost of bananas — but that may be about to change.

Bananas – Remain extremely limited in supply, while demand is extremely high, causing chaos in the market.

Asparagus – We’re seeing increased demand for Thanksgiving tables moving the market upward, but volume is strong enough that we shouldn’t see any crazy swings this week.

Bananas – For years, consumers have shopped the produce aisle enjoying the relatively low cost of bananas — but that may be about to change. In response to unprecedented market conditions and inflationary pressures being felt across all industries, leading banana provider, Fresh Del Monte has raised prices on its bananas. “Despite our efforts to mitigate these increasing costs within our supply chain, they are simply too great to absorb. The unparalleled costs have been persistent and show no signs of regulating,” said Mohammad Abu-Ghazaleh, Fresh Del Monte chairman and CEO. “After thoughtful consideration, it is necessary to implement inflation-justified price increases in an effort to maintain our continuous supply and service levels. We understand that these pressures are not unique to our business and therefore are working collaboratively to mitigate these pressures — within our supply chain and with our business partner relationships.” Other banana companies are saying they expect to raise prices soon also.

Broccoli – Remains extremely limited in California, but our North Carolina farmers are getting started with better volume this week. Pricing is improving.

Corn –Supplies are extremely limited and rising with the heavy Thanksgiving demand.

Cucumbers and Squash–Georgia has finished their season and Florida and Mexico are rolling right along. Supplies are strong and quality and prices are staying very good. We’re seeing a holiday bump but they should ease back down next week.

Lettuce – Markets are lower, but quality issues are still evident on many shipments stemming from the weather issues in California. Work it closely as it won’t last as long as other times of the year.

Mushrooms – The mushroom industry as a whole has felt a shortage for a while now. There are lots of factors that have caused this, but mainly labor, products, and material shortages. We feel that we have not seen the worst of it yet. Expect to see some items dropped from production until our economy gets back to preCovid days.

Peppers – Demand has been strong going into the holiday and Georgia farmers are wrapping up. Florida growers are harvesting good volume and keeping everyone supplied.

Q: Which side of the turkey has the most feathers?
A: The outside

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