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MARKET REPORT – May 15, 2019

colorful vegetables

WEATHER UPDATE

A wet pattern returns out west as a series of winter type storm systems roll into California today into next week. Strong winds (30-40mph) along with substantial rainfall will accompany these three systems as they move through the region. Seasonably warm temperatures look to continue in Mexico into next week with a slight chance of rain across Central Mexico. Humid conditions along with scattered showers across the southern counties of Florida look to continue into early next week.

FREIGHT UPDATE

California trucks are currently steady but look to tighten up with the Memorial day pull starting early next week. Washington apple trucks are steady. Idaho potato and onion trucks remain steady as well. The national average on diesel is steady this week and is currently at 3.160 per gallon. California prices rose .039 cents and are currently at 4.136 per gallon. Crude oil prices remained steady and are currently at 61.33 per barrel.

WHAT YOU SHOULD KNOW

Grapes (Green): Supplies are very limited and market prices are higher.

Tomatoes (Western): The Department of Commerce has officially terminated the 2013 Suspension Agreement for Fresh tomatoes from Mexico, setting a 17.56% duty on Mexico tomatoes arriving in the United States. According to the Department of Commerce, Customs and Boarder Protection will begin the collection of cash deposits or bonds in the amount of 17.56% of the value of product entering the U.S. unless or until a new deal can be made between the U.S. and Mexico.

TRANSITIONS & TEMPERATURES

Grapes (Green): Coachella is expected to start later this month.

Grapes (Red): Mexico is expected to start next week.

Berries (Blackberries): Production on the West Coast is going in light numbers but is set to ramp up in mid June.

Stone Fruit: Domestic plum production is scheduled to start later this month.

Berries (Blueberries): Blueberries are transitioning into new West Coast crop out of Central Valley and Santa Maria these numbers will be low initially

Berries (Raspberries): Central California harvests are expected to increase as we approach mid June

A PEAK AT PEAK SEASONS

Berries (Strawberries): Salinas and Watsonville are moving into peak season towards the beginning of June

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