Market Report January 23, 2019

WEATHER UPDATE

A series of Pacific storm systems are set to roll into California Wednesday into the early next week. The first systems moves in late Wednesday with moderate rain across the state. The next more powerful system arrives Friday with heavy rains and strong winds into Saturday. Another weak system on Sunday. Cold air behind the system will bring a round of freezing morning temperatures. These systems will bring a chance of light rain and cooler temperatures to the southwestern desert regions as they brush the region. Generally seasonably warm temperatures look to continue across Central and Northern Mexico into next week. A pool of cold air will bring a freeze warning to Northern Florida mid-week in ahead of a cold front that will sweep through Florida Friday into Saturday with light rainfall.

FREIGHT UPDATE

California and Yuma trucks are both plentiful this week. Washington apple trucks remain steady. Idaho potato and onion trucks remain tighter than normal for this time of year. Colorado trucks are also tighter than normal. The national average on diesel remained unchanged this week and is still at 2.965 per gallon. California prices remained steady and are now at 3.726 per gallon. Crude oil prices remained steady and are currently at 54.32 per barrel.

WHAT YOU SHOULD KNOW

Berries (Strawberries): Short supplies for the weekend due to rain forecast

Grapes (Green): Supplies continue to be extremely limited on green grapes. This will be the case for the next 2 weeks.

Grapes (Red): Supplies remain limited on red grapes and markets are higher. We hope to see improvements by the send week in February.

Stone Fruit: Availability remains limited but we expect things to change quickly come mid February

TRANSITIONS & TEMPERATURE

Onions: Mexico will start crossing onions over the next couple of weeks.

Potatoes (colored): New Crop Florida just started this week

Cherries: Import season is finishing up and we will transition into domestic harvest over the next month.

A Peak at Peak Seasons

Onions: Yellow and Red onions are in peak season out of the Northwest.

Potatoes: Russet potatoes are in peak season out of all shipping points

Potatoes (colored): Red, White and Gold potatoes are in Peak season