Markon Cooperative BB #:123315 released this asparagus crop update December 27, 2023:
Supplies remain extremely scarce; prices will continue climbing this week but are close to reaching their peak. Packer label is being substituted to meet demand when necessary.
Mexico
Limited quantities are being harvested in Southern Baja and Sonora; many growers stopped harvesting earlier this month
Small-diameter stalks dominate yields
Cooler weather and shorter days combined with elevated markets have hindered maturation and reduced incentives to pack larger sizes
Large and jumbo sizes are in strong demand; substituting standard packs is recommended to ensure orders are filled over the next two to three weeks
Expect supplies to increase and prices to ease a bit by the first week of January, but remain elevated until Caborca growers begin harvesting in late January
Markon is sourcing delivered options where available to help supplement short supplies in member DCs
Peru
Minimal volume is being imported to the U.S. (via Miami, Florida)
Many Peruvian growers are prioritizing the more lucrative European market
FOB costs remain comparable from both regions, though some freight savings are available for Eastern DCs
Expect high prices and extremely tight supplies into early February
Click to expand
Please contact your Markon customer service representative for more information.
Markon Cooperative BB #:123315 released this asparagus crop update December 27, 2023:
Supplies remain extremely scarce; prices will continue climbing this week but are close to reaching their peak. Packer label is being substituted to meet demand when necessary.
Mexico
Limited quantities are being harvested in Southern Baja and Sonora; many growers stopped harvesting earlier this month
Small-diameter stalks dominate yields
Cooler weather and shorter days combined with elevated markets have hindered maturation and reduced incentives to pack larger sizes
Large and jumbo sizes are in strong demand; substituting standard packs is recommended to ensure orders are filled over the next two to three weeks
Expect supplies to increase and prices to ease a bit by the first week of January, but remain elevated until Caborca growers begin harvesting in late January
Markon is sourcing delivered options where available to help supplement short supplies in member DCs
Peru
Minimal volume is being imported to the U.S. (via Miami, Florida)
Many Peruvian growers are prioritizing the more lucrative European market
FOB costs remain comparable from both regions, though some freight savings are available for Eastern DCs
Expect high prices and extremely tight supplies into early February
Click to expand
Please contact your Markon customer service representative for more information.
