Agronometrics: Raspberry prices increase in the US market

Published 2024년 4월 4일

Tridge summary

The US raspberry market is facing a significant supply challenge, with a 25% decrease in volume compared to last year, mainly due to weather-related delays in Mexico and reduced production in Southern California. Mexico, a key supplier of raspberries to the US, has seen its season start two to three weeks late. Despite these supply issues, the demand for raspberries remains high, causing prices to more than double compared to 2023. However, an increase in raspberry volumes is anticipated as the spring harvest progresses, which could potentially lower prices.

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

Original content

The current outlook for raspberry production and prices presents a complex picture for the US market, reflecting fluctuations in volume and supply dynamics. According to recent data from the USDA, the volume of raspberries available on the market is limited compared to previous seasons, with an approximate 25% decrease observed for the same period compared to last year's statistics (week 10). Mexico is emerging as a fundamental player in the raspberry supply chain for the US market, contributing significantly to meeting demand. Weather conditions caused a delay of two to three weeks in the start of the season. In parallel with Mexican production, production in Southern California, traditionally an important raspberry-producing region, remains scarce. Despite the difficulties posed by fluctuating supply, demand for raspberries has experienced constant growth in recent years, a trend attributed to the greater accessibility of the fruit. The current scenario of limited supply has ...

Source: MXfruit