Markon Cooperative BB #:123315 released this crop forecast March 27, 2023
Supply levels will plummet further than expected for the next two weeks. California will ship historically low volume, while production in Florida and Mexico (into South Texas) is coming to an end. The industry will be in an extreme demand-exceeds-supply situation for the next two weeks.
Oxnard/Santa Maria
Additional rain along with cool temperatures will continue to hinder yields
Growers will be challenged with hail and high wind which will be problematic over the next two weeks
Regions have received 19.50-22.75” of rain since start of the new year
This is more rainfall than during the last three years combined
The market is and will be in an extreme demand-exceeds-supply situation for the foreseeable future
Central Mexico (Loading in South Texas)
Temperatures remain elevated in the upper 80’s to lower 90’s; crews are only able to harvest until noon due to the heat
Higher rejection rates, at the border, due to heat-related quality issues are exacerbating the shortage; crews must discard more fruit than they are packing
The season will wrap up in the next one to two weeks
The market is and will be in an extreme demand-exceeds-supply situation for the foreseeable future
Florida
Production continues to decrease; the season is winding down rapidly
Estimated daily harvest numbers continue to come up short, resulting in a supply shortage
Growers are trying to stretch the season into next week, weather pending
The market is and will be in an extreme demand-exceeds-supply situation for the foreseeable future
Please contact your Markon customer service representative for more information.
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Markon Cooperative BB #:123315 released this crop forecast March 27, 2023
Supply levels will plummet further than expected for the next two weeks. California will ship historically low volume, while production in Florida and Mexico (into South Texas) is coming to an end. The industry will be in an extreme demand-exceeds-supply situation for the next two weeks.
Oxnard/Santa Maria
Additional rain along with cool temperatures will continue to hinder yields
Growers will be challenged with hail and high wind which will be problematic over the next two weeks
Regions have received 19.50-22.75” of rain since start of the new year
This is more rainfall than during the last three years combined
The market is and will be in an extreme demand-exceeds-supply situation for the foreseeable future
Central Mexico (Loading in South Texas)
Temperatures remain elevated in the upper 80’s to lower 90’s; crews are only able to harvest until noon due to the heat
Higher rejection rates, at the border, due to heat-related quality issues are exacerbating the shortage; crews must discard more fruit than they are packing
The season will wrap up in the next one to two weeks
The market is and will be in an extreme demand-exceeds-supply situation for the foreseeable future
Florida
Production continues to decrease; the season is winding down rapidly
Estimated daily harvest numbers continue to come up short, resulting in a supply shortage
Growers are trying to stretch the season into next week, weather pending
The market is and will be in an extreme demand-exceeds-supply situation for the foreseeable future
Please contact your Markon customer service representative for more information.
