March 28th, 2024 Market Report
Lettuce:
Lettuce markets are coming off. Expect to see pink discoloration and brown butts on all lettuce packs. The shelf life of value-added products will be shorter. Weights are averaging around 35-42 pounds. There is an AOG increase on all lettuce Value-added products. Quality is fair.
Leaf:
Romaine markets are slowly coming off. Defects include blisters, peels, and discoloration. Shippers are also reporting lighter weights. There is an AOG increase on all Romaine Value-added products. Quality is fair.
Romaine Heart markets are slowly coming off. Defects include blisters, peels, and discoloration. Shippers are also reporting lighter weights. Quality is fair.
Green and Red Leaf markets are coming off. Defects include blisters, peels, and discoloration. Shippers are also reporting lighter weights. There is an AOG increase on all Green Leaf Value-added products. Quality is fair.
Lettuce Tender Leaf:
Arcadian, Arugula, Parsley, Spinach and Spring Mix quality has improved. Quality should keep improving each week with ideal growing weather. Due to quality issues and tightening supplies, cilantro yields are lower this week. Look for cilantro to continue to be tight next week. Quality is fair to good.
Broccoli:
Markets are up and active. Despite lower yields and rains affecting the Salinas Valley harvest, broccoli supplies are tight. Going into the weekend, expect this market to rise. Quality is good.
Cauliflower:
Markets are coming off slowly. Salinas has started. Quality is good.
Carrots:
Cello markets are steady out West and in Canada. Quality is good.
Loose market is steady on Mexican crossings and steady on Canadian product as well. Quality is good.
Value-add Snack Carrots are steady. Quality is good.
Primo Weekly Market Update 3/28/24
Celery:
Markets are up. Yuma’s production is done. Oxnard and Santa Maria are the main growing regions. Light seeder is being reported. Quality is good.
Strawberries & Bush Berries:
Strawberry markets are going up. Rain is slated for this weekend which will slow down crews on Monday and Tuesday of next week. We are currently being prorated out of Yuma and California. Expect this market to continue to go up next week. Quality is fair to good.
Raspberry markets are steady. There is still a limited amount of product out of Central Mexico. With Easter this weekend, there will be limited harvesting crews and delayed border crossings. Quality is good.
Blueberries markets are up again from last week with much lighter supplies out of Chile/ Peru. Look for costs to continue to rise until the start of the Florida blueberry crop in late March/early April. Quality has been sharp!
Blackberries markets are steady. There is still a limited amount of product out of Central Mexico. With Easter this weekend, there will be limited harvesting crews and delayed border crossings. Quality is good.
Potatoes:
The Potato market is at the bottom. A lot of deals are being offered, because sheds have to many potatoes on their floor. 40ct through 60cts are tight with pricing firming up. Quality has been good.
Onions:
The onion market is very strong. Pricing is up and expected to stay up. Overall quality has been fair, we are seeing some Internal issues in the yellow onions. Red Jumbo onions are very tight. We will be moving into new crop onions out of Mexico. Primo Weekly Market Update 3/28/24
Cucumbers:
Cucumber The market is about steady in Florida. Mexico will be crossing very light volume until after the Easter holiday. Quality has good on inbound.
Euro Cucumbers markets are trading near the bottom with some reports of only fair quality. Great quality cucumbers continue to bring a few dollars more.
Squash:
The Green squash market is steady to down just slightly from last week, and remains a good value. We are seeing good supplies and quality in both Florida and Mexico. Yellow supplies are also in good shape with good quality.
Eggplant: Quality Eggplant remains in short supply in both Florida and Mexico. Markets remain steady at higher levels. Availability is light. Quality is fair to good, with minor external defects.
Peppers:
Green bells market is steady with supplies in Florida in good shape. Supplies on larger pepper are still showing a higher cost. Quality on inbound has been good overall.
Red Pepper markets are declining and quality has been good on recent inbounds.
Herbs:
Basil: quality is fair to good.
Citrus:
Orange markets are very active. There is a peak in fruit production for 72ct and larger; 88/113/138ct are extremely scarce and will remain so until the end of the navel season. Due to low fruit set and rain events, fruit will continue to grow in size as the season progresses. Brix is between 12 and 14. Currently, there is no gassing. Quality is good.
Lemon markets are steady on sizes 140ct and larger. Markets on sizes 165ct and smaller are up and extremely tight. Quality is good.
Lime Holy Week is here, most growers will be taking 2-3 days off from harvesting and will not harvest until Monday or Tuesday next week. This will cause a temporary supply strain as we are seeing some demand increase already. Look for 110/150cts to tighten and remain tight for several weeks until the fruit on the trees can size up. Mo
Primo Weekly Market Update 3/28/24
Most of the current harvest is 200/230/250ct size. Pricing has strengthened some on the larger sizing since last week and is anticipated to be up again by the end of the week. Pricing on the smaller sizing is slightly down to steady. Overall quality has been pretty good with the occasional stylar or oil spotting, which is being graded out as much as possible before shipping.
Grapes:
The demand for imported grapes remains higher than the supply. Inconsistent vessel arrivals prevent a smooth flow of incoming products and keep the market active. While there will be brief periods adequate supplies, the empty pipeline and pre-committed program volume will keep the market price high. This is expected to continue until the Mexican grape deal starts in mid-May.
Tomatoes:
The main growing area in Florida was hit with over 4 inches of rain 3/23&3/24 knocking out harvest for approximately 5 days. The market on Rounds and romas has reacted and is up significantly for next week. Romas are active and in shorter supply with spotty crossings out of Mexico due to the holiday week. Look for that trend to continue through the Easter holiday minimally. Good quality out of both Florida and Mexico. Grape tomatoes are steady and Cherry tomatoes remain firm/elevated.
Cabbage:
Green Cartons: Markets are steady. Quality has been sharp on product out of Texas.
Red Cartons: Markets are steady with elevated costs. Quality is good.
Bagged Cabbage: Markets are tightening. Quality is good.
Primo Weekly Market Update 3/28/24
Market Alerts:
The items listed below are either being prorated or are in short supply.
1.) Red Jumbo Onions
2.) Idaho Potatoes 40ct through 60ct
3.) Red Potatoes A’s and B’s
4.) Eggplant
5.) Red & Green Grapes
6.) Broccolini 18ct & 3/2lb.
7.) Peeled Garlic
8.) Scallions
9.) Asparagus
10.) Watermelons!!
11.) Strawberries