So sorry for the later than normal price sheet and market report. Prices across the board stayed relatively stable throughout most of the week with steady demand and no big weather events until the end of the week. The strong storms that hit most of the East Coast will ultimately affect prices this upcoming week. Some vendors at the market are still showing cheap prices on Eastern Veg. but that is mainly on product that has been sitting for a few days. Eastern Veg (Squash, Peppers, Eggplant, etc…) appeared to be on the rise Friday evening as the strong winds and rain started to make their true effects known. Most Eastern Veg is coming out of Georgia and the Carolinas currently with relatively good volumes and good quality. This severe weather will hopefully not hurt the projected yields in Georgia and South Carolina. More Veg is expected to start in Eastern North Carolina, Virginia and Delmarva next week starting with Squash, weather permitting. Small Tomatoes (Grapes and Cherries) still look to be on the rise. Water logged fields continue to make harvesting a problem. As far as big tomatoes go, weather has forced many shippers to start to grade at a lesser grade than #1. There is still plenty of volume but quality is becoming more and more of an issue with high water content in the tomatoes. Onions and Potatoes have remained steady and appear to hold firm for the next week. Avocadoes on the other hand are on fire. As mentioned last week, smaller sizes out of California are making 48 count and bigger a rare sight at the market and prices rise. We are hoping for some relief in the near future but we are not very optimistic. Red Potatoes also are remaining astronomical. Prices are all over the place with Florida product and relief will not be here till Red’s north of Florida start in July. Lettuce looked to be on the rise, but as predicted it did not last long. It is again on the down slide, but BEWARE, better conditions than normal out West have allowed for harvesting to occur quicker than expected on a lot of product. This means good prices in the short term but a potential harvesting gap in the not so distant future. If this does occur, prices will jump high quickly because of short supply. Cross your fingers. Celery continues to drop. This trend will most likely continue for quite a while with Michigan and Canadian Celery coming on in July. The hot item and first true victim of the weather appears to be the green bean market. Prices have doubled in the past 2 days. We do not have a price on them currently because the market is too volatile. We have seen prices into the 40 dollar range on bushels. This, of course, will ultimately effect the Snipped Bean market as the Act of God clause goes into effect for contract pricing. Keep an eye out.
Posted on: Sat, 15 Jun 2013 06:16:36 +0000
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