WEEKLY MARKET REPORT 06.28.24

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OVERVIEW

As we move into the summer harvests, weather events will continue to impact supplies in the near term The extreme heat that was affecting the upper Ohio Valley and the Northeast has now shifted to the Southeast this week. Regional supplies from various areas are expected to ramp up production as we move into July, though the heat will likely affect the quality and availability of these harvests.

Red grapes and strawberries in peak season offer vibrant colors and delicious flavors Red grapes are sweet and juicy, great for snacking or salads Strawberries are sweet-tart, ideal for fresh eating, desserts, and smoothies Both fruits are rich in vitamins and antioxidants, adding a healthy and delightful touch to summer meals

Due to lower yields in the desert, the honeydew market is tight Supplies will be scarce until the West Side crop arrives

Due to a protest in Michoacán, Mexico, avocado harvesting and shipments were suspended by the USDA This is expected to lead to scarcity and a rise in avocado prices Force Majeure clauses are being considered

Supplies will be limited before the Fourth of July due to high demand from retailers, reduced production in hern Baja and Peru caused by extreme heat ller sizes are prevalent, and the market will remain tight during the holiday

co continues to produce limited amounts of fair ty For the next few weeks, expect the market to in steady

Demand has surged ahead of the 4th of July, causing a temporary shortage due to aggressive retail promotions This demand spike is expected to fade early next week, with strong northern production and high quality continuing

Prices for white and red onions are rising due to increased demand from Mexico

Broccoli is in short supply in Salinas, Santa Maria, and Mexico due to quality issues like pin rot and decay Warmer weather and recent hailstorms have further reduced Mexico's production Supplies are expected to improve next week

The market for 115ct and larger fruit is peaking, while 165ct and smaller sizes will be tight 140ct and smaller sizes will remain strong, with potential relief for domestic growers in early July due to offshore West Coast conditions

Market escalation continues as transitions conclude in northern coasts and western Mexico, reducing overall supply through early July

FLORIDA

CALIFORNIA

Over the weekend, sea breeze showers and thunderstorms will cause isolated to scattered showers and thunderstorms across the state, fueled by warm and humid conditions. Through June 28th, winds will gust between 15 and 22 mph.

There were no signs of cooler temperatures on Friday, and similar minor heat wave conditions are expected today, with sea breeze winds gusting up to 35 mph Coastal lows will range from the upper 40s to mid-50s, with daytime highs in the low 60s to mid-70s near the coast and low 80s to 100 further inland As the marine layer deepens tomorrow, temperatures will cool by 4-7 degrees away from the coast, with highs in the low 70s to low 80s in coastal valleys and upper 70s to low 90s inland.

MEXICO

ARIZONA

Showers and thunderstorms will be isolated to scattered throughout the weekend Most showers will produce 0 05" to 0 25" of rain, but thunderstorms could bring 1" to 2" of rain Temperatures will average a few degrees below normal as showers limit some afternoon heating. Highs will range from the low 70s to low 80s, with lows in the upper 50s to mid-60s through Sunday morning

With high pressure stalled over the southwest, no noticeable change in temperature is expected through the weekend In Yuma County and central Arizona, highs will be in the 105-110 range, with 111-116 in the Imperial and Coachella Valleys. Morning lows today and Thursday will be in the low to mid80s, with slight cooling expected Friday and Saturday. In Yuma County, moderate winds from the south are likely to gust to 20-25 mph today, and 1520 mph gusts are expected on Thursday

Tropical Storm Alberto made landfall in Northeast Mexico on June 20th, marking the first named storm of the season This large system brought significant precipitation, with 5-10 inches reported across Central and Northeastern Mexico, causing mudslides and road closures. Many crops, including tomatoes, bell peppers, squash, eggplant, cucumbers, and hot peppers, were affected. Growers are still assessing the damage in the impacted regions. Tropical moisture will continue to flow into Central Mexico, bringing daily chances of precipitation throughout the week Despite the disruption, this rain is much needed in the drought-affected areas

Avocado production from Mexico remains extremely light as U.S. and Mexican officials work through recent security challenges. The complex security protocols required by the U.S. embassy will take time to implement. Additionally, the rainy season in Mexico has disrupted harvests over the past few days, though this rain will help improve the size of the fruit for the next crop

Supplies from the Salinas Valley are gradually improving, but many crops remain ahead of schedule Recent warmer temperatures will aid in getting back on track, though it will take some time. Broccoli supplies are light due to strong demand and limited production from Mexico. Brussels sprouts volumes are also low as Mexico's production winds down. California production in Oxnard and Santa Maria is facing quality issues, including insect pressure, seeders, and internal decay Growers are harvesting early to meet demand, resulting in mainly small-sized sprouts Salinas is expected to contribute to the supply soon, which should help overall availability However, insect pressure in the Salinas Valley is rising and is likely to remain a challenge throughout the summer. Reduced production from Mexico will shift demand to California, and local/regional production will be crucial, depending on how these crops have fared in the recent heat.

We anticipate a better-than-expected holiday market this year, particularly with the holiday falling on a Thursday. However, the freight market remains very active. We encourage those looking to book trucks to focus on loading on Wednesday Friday the 5th is expected to be a particularly busy loading day, especially in Salinas

APPLES

CLICK ON COMMODITY NAME FOR DETAILED MARKET INFORMATION LETTUCE TENDER

ASPARAGUS

AVOCADOS

BANANAS

BELL PEPPERS

BERRIES (BLACK)

BERRIES (BLUE)

BERRIES (RAS)

BERRIES (STRAW)

BROCCOLI

BRUSSEL SPROUTS

CARROTS

CAULIFLOWER

CELERY

CITUS (GRAPEFRUIT)

CITRUS (LEMON)

CITRUS (LIME)

CITRUS (ORANGE)

CITRUS (TANGERINE)

CUCUMBER

EGGPLANT

GARLIC

GRAPES (GREEN)

GRAPES (RED)

GREEN ONION

KALE

LETTUCE ICEBERG

LEAF LETTUCE

MELON (CANTA)

MELON (HONEY)

MELON (WATER)

PEARS

PINEAPPLE

POTATOES SQUASH

STONE FRUIT

TOMATOES

BLUEBERRIES

RASPBERRIES

BROCCOLI

Broccoli is in short supply in Salinas, Santa Maria, and Mexico due to quality issues like pin rot, yellow beads, hollow cores, and decay, leading to lower yields These problems are visible at harvest, causing many affected heads to be left behind Warmer weather and recent hailstorms have further reduced Mexico's production However, supplies are expected to improve next week

BRUSSEL SPROUTS

Most of the product is coming from Baja and Central Mexico West Coast production remains moderate, and demand is light Most fruit is being transferred to the West Coast for distribution

In anticipation of the 4th of July, strawberry demand has surged, causing a temporary shortage due to aggressive retail promotions With Santa Maria nearly finished, Salinas and Watsonville face increased pressure The market should stabilize early next week as holiday demand fades Northern production remains strong, though just past peak, and ideal weather ensures high quality

Brussels sprouts supply remains tight due to warm weather in Mexico causing discoloration and increased bug activity This situation is likely to drive market prices higher next week

CARROTS

The whole carrot market remains steady, with Bakersfield as the main growing region Sizing looks good, and there are no issues anticipated for the foreseeable future

CAULIFLOWER

The market has remained stable, though some suppliers face issues with large sizing Despite slight seeder reports, overall quality is strong Salinas production is much heavier than in previous weeks, and southern California has ample supply to meet demand Steady availability is expected this week

The fruit is peaking at 115ct and larger sizes, while 165ct and smaller sizes will remain extremely tight through summer The market for 140ct and smaller will stay strong With District 1 (San Joaquin Valley) finished, District 2 (Oxnard/Ventura County) is now the main growing region, peaking at larger fruit Early July should bring some relief to domestic lemon growers due to offshore conditions on the West Coast

Total inventories are down, and prices are slightly stronger Good demand and rain are delaying harvesting Rain is needed and will benefit the crop, but it's causing a spike this week Expect some quoting fruit they don't have, with prices holding steady

Navels are pretty much finished; Valencia’s are the main variety Valencia's crop will mirror Navel's Fruit will peak at 72ct and larger; 88/113/138ct will be tight through the Valencia season once summer break is over for schools Right now, Valencias's are available in the Central Valley and Riverside Brix on the Valencia’s are in the 12 range

Green onions are in good supply this week, with better quality Next week should be a good week for supplies

This week, there will be an abundance of high-quality kale available It's an excellent time to promote kale due to the favorable supply

The supply of tender leaf items like cilantro and Italian parsley continues to be limited As a result of all the rains and excessive moisture, Quality is experiencing bacterial spotting For the next few weeks, these markets will remain tight

Both northern and southern California have improved availability for this commodity While value-added lettuce items continue to escalate, they will drop to first-tier triggers by the end of the week Favorable weather conditions have led to a drop in demand, and the average weight is 38-46 pounds

The cantaloupe market remains steady with increasing demand Yields are expected to be lower this week as growers hold product for later contracted orders The first Westside product should be available on 6/29 Organic and specialty melon yields are also lower due to the transition Retailers are placing heavy orders to capitalize on the holiday

The honeydew market is tight due to lower desert yields and reduced Mexican crossings, causing a gap in smaller fruit Domestic suppliers are focusing on Honeydew 8s, a premium product A shortage is expected until the West Side crop becomes available

The demand for Mexican watermelons is high due to retail holiday bids in Nogales and Texas Warmer weather has improved the quality and yield of products in Northern Mexico Excellent quality watermelons are also available from AL, GA, and FL on the East Coast The upcoming holiday and deals for ADS are driving suppliers to capitalize on the opportunity

and availability

onion supplies are plentiful However, prices for

and red onions are rising due to increased demand from Mexico

New crop California Bartletts will start shipping south of Sacramento in the second week of July, keeping the pear market tight California's early crop is expected to be about 80% of last year's yield Washington has small inventories of Anjou, Bosc, and Red Anjou remaining, with only a few shippers carrying Anjou into July Both coasts currently have imported Bartletts available

Suppliers have limited spot market opportunities due to their focus on contracts Faster fruit maturation in the tropics results in lower yields, and the lack of rainfall is expected to persist through summer Larger fruit is impacted post-holiday, with steady demand The Mexican pineapple shortage is being supplemented by tropical pineapples

The supply of 40-70 CT potatoes has decreased compared to recent weeks, as Burbanks are now the only variety available

The markets are escalating as transitions in northern coasts and western Mexico conclude, leading to decreased overall supply Until newer areas start producing for the summer, the market is expected to remain active through early July

Plenty of supplies are available at promotional volumes Besides Baja and Santa Maria, regions like Northwest, North Carolina, Michigan, O Jersey, and New York also have availability

There is a good supply of peaches, plums, and nectarines in th Valley, with larger sizes and better varieties expected in July C cherry season has ended, but Washington cherries will in volume by late June and early July Chile's kiwi market is stable down

SKYLAR RAE CHERRIES

Skylar Rae® cherries are exceptionally sweet, with the highest sugar levels among commercially grown cherries, ranging from 23 to 25 Brix. Discovered by chance in the Toftness family's orchard in Wenatchee, Washington, these cherries have a golden yellow background with a red blush and offer a firm, crisp bite. They are ideal for high-end gourmet recipes and are best enjoyed fresh, making them perfect for snacking and salads Their harvest season runs from mid-June to mid-July, providing a brief window to savor this rare summer treat

DARK SWEET CHERRIES

Dark Sweet Cherries are a popular summer fruit with deep red to mahogany color and a sweet-tart flavor They are versatile and can be eaten fresh, added to various dishes, or used for juicing and freezing Harvested from May to September in California and Washington

RAINIER CHERRIES

Rainier Cherries are known for their golden yellow flesh, red blush, and high sugar levels Best eaten fresh, they are ideal for snacking and adding sweetness to dishes Harvested from late June to early August in Washington state, their crisp texture and super-sweet flavor make them a popular choice

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