United States: Watermelon supply mysteriously evaporates overnight

Published 2024년 4월 1일

Tridge summary

The onset of spring introduces a period of unpredictable weather, significantly affecting crop yields and the availability of produce, with an added concern of early tropical activity due to warmer Atlantic temperatures. The ProduceIQ Index, tracking prices for 40 top commodities, has surged by 11.3 percent over the last week, hitting a decade high due to shortages and adverse weather conditions. This has led to record-high prices for watermelons, cantaloupes, honeydews, tomatoes, and asparagus, among others. The article highlights the importance for the produce supply chain to brace for a potentially tumultuous storm season, while also providing insights into the current state of produce market trends and pricing.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Spring is not all vibrant blooms and backyard grilling. The arrival of warmer weather brings a capriciousness to forecasts that impacts everything from crop yields to quality and availability. Snow, a tornado, or even the rare tropical storm could be in the forecast for April. Speaking of tropical activity, ocean temperatures in the Atlantic are already warm enough for a hurricane, remarkably eight weeks before the season’s official start. With the switch to La Niña, which will likely be in summer 2024, all legs of the produce supply chain need to take proactive measures to brace for a potentially hectic storm season in the Southeast.ProduceIQ Index: $1.28/pound, up +11.3 percent over prior weekWeek #13, ending March 29thBlue Book has teamed with ProduceIQ BB #:368175 to bring the ProduceIQ Index to its readers. The index provides a produce industry price benchmark using 40 top commodities to provide data for decision making.Overall produce prices are a mirror image of the ...

Source: Producebluebook