May 20, 2022

Download Our PDF for this report

Market Headlines

Eggs

Retail demand is sluggish, as supplies across the industry remain ample. Recent drops in the shell egg market will bring relief to the higher egg costs. (.40/dz decrease is equal to 6.00/case on 15 dozen)

Beef

Beef retail ads focus indicates consumers moving from high end cuts to chuck, round, and ground products (lower cost).

Seafood

The Mahi-mahi fishing is going through off-season in South America. The 2021/22 catches are dismal and below average, resulting in higher raw material costs with reduced landings.

Dairy

The cheese markets appear to have leveled out after being on a steady increase since December. Strong Exports have been driving this increase. Eggs continue to move higher with Avian Influenza with cage free eggs taking the brunt of increases. Butter markets were down with soft demand.

Grains / Oil

Floods in the Red River region in Canada are keeping Some Canola crushers from shipping Canola, putting a lot of pressure on soybean oil and allotments on Canola due to serious supply constraints. A lackluster USDA report, last week, also supported soybean oil futures.

To learn more contact your local Sales Consultant. Market Corner Produce information reflects both US and Canadian markets. All other commodity information is based on US market data only.

Produce Market Updates

Vegetables

Asparagus

Market is adjusting as supplies improve with domestic regions in production.

Anise/FennelAlert

Expect shorter supplies and active markets for the next week.

Bell PeppersAlert

Peppers are still very tight as new growing regions are waiting to get started on both the east and west coast, for red, green and yellow bell peppers.

Broccoli & Cauliflower

Markets are mostly steady for this week, with some suppliers having shorter supplies than others.

Brussel SproutsAlert

Active markets on both commodity and value-added Brussels sprouts continue as supply out of Mexico remains low and full production on the Central Coast of CA is not in full production. Jumbo sprouts are very limited to not available for most suppliers this week

CarrotsAlert

No change from the previous weeks. Shredded carrots, rainbow shredded carrots and 2 in peeled carrots are now short in supply in addition to shortages on snack pack and jumbo carrots out of California. Carrot sticks for some also remain a challenge with the main carrot processor only packing a 2-inch stick, instead of a 4-inch stick.

Cabbage – Bok Choy, Napa, & RedAlert

Cabbage- Napa and Bok Choy – Market continues to be active with less overall supplies available. Active markets for the next 2-3 weeks. On RED Cabbage, very limited supplies being reported on the west coast.

Celery Value-AddedAlert

Active markets as suppliers are dealing with quality issues out of Oxnard CA and the start of the season in Salinas is still 3-4 weeks out.

Green BeansAlert

Green Beans have transitioned into Georgia this week. Demand has decreased and the number of growers has increased. Market hasn’t stabilized yet. Mexico is finished. California green beans very short from the desert.

Iceberg, Leaf and Romaine

Mostly steady markets being seen this week with good demand on all leaf lettuces, romaine, romaine hearts and iceberg lettuce. Stronger markets on butter lettuces.

Onions

The onions markets are mostly steady in both Texas and California. Southern Cal has good demand, and the quality is fair to good. Texas supplies are light along with the demand. Central California looks to start potentially late next week.

ParsleyAlert

Italian parsley is being challenged with quality issues causing lighter supplies and stronger markets. Heavy seeder is being seen for some suppliers.

Peppers – Chilies-Alert

There is very little product available still in Florida and they should be winding down in the next 7-10 days. Georgia should be starting chilies in the next 7-10 days. Steady supplies out of Mexico and California. The market is stable on most varieties.

Peppers – Red, Yellow, Green-Alert

Peppers are still very tight as new growing regions are waiting to get started on both the east and west coast, for red, green and yellow bell peppers.

Tomatoes-Alert

Rounds, grapes, and cherries are currently on alert status due to low availability and strong demand. Central FL growing region is finishing a week early and the transition to Quincy, FL will be delayed by 1-2 weeks. Mexico is waning which will also continue to add to the active market conditions.

Fruit

AvocadosAlert

Mexico – Market is stronger as the growers leverage a limited harvest rate for higher field prices. Size curve is moving a bit larger allowing for 60’s to sell for nearly if not the same as 48’s. California – Harvest is peaking on 60ct. 85% of crop has been picked for the season.

CitrusAlert

Lemons: Market is steady. The crop is heavy to mostly large fancy grade. Small choice is lighter in supply and prices are steady.

Market is stronger as navels wind down. Volume is peaking on large fancy grade. Small choice grade 113-138 counts are very short in supply. Valencia’s are being used to fill in on small sizes. The full transition will take place over the next two weeks.

Lime: No issues with quality or supply on 175’s and smaller, still seeing very limited volume on 110’s/150’s . Do not expect volume on that size until late June.