MARKET REPORT – October 24, 2018

WEATHER UPDATE

Weak high pressure off the west coast will bring a slight warm up to California into the weekend. A low-pressure trough early next week will bring some of the coolest temperatures of the season by mid next week. All eyes remain on Central Mexico as heavy rainfall continues across the region due to a couple of tropical disturbances impacting the region. This system moves into Southwestern Texas and the northern Gulf of Mexico Thursday moving then through northern Florida before moving up the eastern seaboard over the weekend. This system will carry plenty of moisture with heavy rain possible over panhandle and regions north of Tampa Bay.

FREIGHT UPDATE

California trucks remain adequate with rates remaining steady. Look for capacity to remain steady throughout the Salinas season. Washington apple truck supply is adequate as well. Idaho potato and onion trucks remain tight with rates increasing. The national average on diesel remained steady this week and is currently at 3.355 per gallon. An increase of .536 from this time last year. California prices are steady as well and are now at 4.074 per gallon. Crude oil remained steady this week and is currently at 66.02 per barrel.

WHAT YOU SHOULD KNOW

Apples : This years granny smith crop will be 20 to 25 percent smaller than last year. Also we are experiencing a difficult time getting small size fruit out of Washington. Particularly 125ct and smaller due to the fact that storage crop is finished. Combined with the hew crop bins are sizing heavier into the 113ct and larger.

Berries (Blackberries) : Extreme weather in Mexico will delay harvest and have an impact on quality for the next 7-10 days.

Berries (Blueberries) : Extreme weather is expected to slow Mexican production for the next 7-10 days.

Stone Fruit : Nectarines are finished for the season. Peaches are very limited.