1. Asparagus Market Saturated with Mexican Product
Large volumes of Mexican asparagus have flooded the market and are driving prices so low California growers are disking their first harvests and delaying the start of the California season. Mexican growers in Caborca, Mexico tried to hold off their production in order to take advantage of on the late Easter holiday season. However they only delayed harvest by about 10 days, but last lead to an overwhelming amount of product being released on the the market simultaneously.
2. Strawberry Harvest Interrupted By Rain
Strawberry growers are in cleanup mode after heavy rains this last weekend. The heavy rains means growers will be throwing out large amounts of product, especially the many growers who were in heavy production. Berries will be stripped for the next couple days, but picking is expected to start again by the end of the week. Growers are not complaining however, they are appreciative of all the rain they can get right now.
3. Limes Are Short and Prices Are Increasing
Major storms in Vera Cruz, Mexico in December and January have caused growing issues for lime crops. Limes are a 90 day crop and the storms are having a direct affect on the limes that are now being harvested. Demand is far exceeding supplies and prices have increased dramatically.
4. Peruvian Avocado Exports to U.S Could Double in 2014
In 2013, 50 million pounds of Peruvian avocados were shipped to the U.S. In 2014, the Peruvian avocado industry has set a goal of 100 million pounds. While this may sound alarming, there is room for Peruvian product in the market. As well, California avocado growers are expecting lower volumes this summer this is the same time Peruvian avocados are peaking.
5. Kiwi Market Heats Up
Kiwi prices are on the rise as multiple regions experience low volume. Italy, New Zealand and Chile all had lower than expected crop yield this year driving prices up. The increase could be as much as 40%, but this adds up when you take in account that volume in the next 7 months could be down by as much as 50%.
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