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Spotlight

March 14th, 2022 Supply Update: Asparagus – Mexico farmers finally got their mojo going and better harvests are making the market move downward.

Asparagus

Asparagus – Mexico farmers finally got their mojo going and better harvests are making the market move downward. Quality and pricing are both improving.

Avocados – With Mexican and American officials agreeing to resume imports to the US, supplies are catching back up with demand and prices are easing back to normal. Peruvian shippers are increasing their production at the same time, which is adding a lot of volume to the market and further helping out supply and pricing.

Bananas – Seasonal increases in production are helping this market to recover. Prices are down again this week with the stronger supply.

Grapes – Though we had such a grape shortage at the beginning of 2022, waiting on ships to arrive to port and get unloaded, we’re seeing plenty of fruit now. It seemed that many ships finally landed at the same time and now there are plenty of grapes to go around. Black seedless grapes are a particularly good deal right now.

Lettuce – Cold west coast weather has the lettuce market on fire. Prices more than doubled last week when the chilly temperatures stopped the plants from growing. Quality took a big hit and there’s simply not a lot of nice looking lettuce available. This is effecting the big three; iceberg, romaine and leaf lettuce. We’re headed to springtime, though, and better days ahead.

Melons – Imported cantaloupes and honeydews are a great buy right now, with super high quality and plentiful supplies keeping pricing low.

Onions – Supplies are improving as we look forward to the beginning of the new crop getting started in Mexico. Though shippers were afraid a month ago that they’d run out before the new season began, it looks like they’ll span the gap and continue shipping right on through the start of the Mexican season. Prices are slipping with the improved outlook.

Peppers – The cold weather in Florida a month ago prompted farmers to harvest all of the pepper to avoid losing it to freeze damage. When the freeze happened, the plants lost their blooms. We’re now seeing the effects of the overharvest with shortages in the market. Suddenly peppers have become very scarce and prices are reflecting the shortfall.

Trucking – Already high freight rates are climbing again with the insane fuel prices. For a truck that gets 6 mpg, $5 diesel gets really expensive on a 3500 mile cross country trip. This will add to the final cost of everything you buy personally and professionally. For example, about $16.25 of the cost of a bag of onions is just the freight to get it here currently.

Q: Why should you say mucho to a person who speaks Spanish?
A: Because it means a lot to them.

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