USA: Prices rise again in anticipation of Western supply challenges

Published 2023년 4월 10일

Tridge summary

Produce prices in California are expected to rise due to storms and snow, affecting commodities like lettuce and broccoli. Cauliflower prices have already increased by 130% to a ten-year high of $55 due to delayed production. Broccoli prices have also increased by 55%, and lettuce prices are up by 103% for iceberg and 52% for romaine. Mexican asparagus supply is quickly fading, and domestic production is not yet available. However, the beginning of the Florida blueberry season provides some relief, and prices are expected to decline as more growers come online. The ProduceIQ Index is the fresh produce industry's shipping point price index, representing the industry-wide price per pound at the location of packing for domestic produce and at the port of U.S. entry for imported produce.

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

Original content

Up for the third week, overall produce prices are still technically following typical week #14 trends. Although, the storms that drenched California and filled the Sierras with snow will likely unfold as higher-than-normal produce prices over the next few months.Outstanding increases in the price of key commodities like lettuce and broccoli are setting markets up for a bumpy Spring transition.ProduceIQ Index: $1.20/pound, up +4.35 percent over prior weekWeek #14, ending April 7th Blue 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.Cauliflower markets are so behind schedule that it’s starting to give us secondary anxiety. As a result, prices are up a draw-dropping +130 percent over the previous week to a staggering ten-year high of $55.Warm weather in Yuma has ended most fields, and peak Salinas production is a few weeks behind ...

Source: Producebluebook