Strawberry and tomato supplies are limited, and avocado prices are falling in the US

According to multiple reports, heavy rain in central Mexico destroyed hundreds of hectares of strawberry fields last week, and ProduceIQ reports that a disease called Fusarium is negatively affecting strawberry yields in California. As a result, strawberry supply is forecasted to remain tight well after Labor Day. Strawberry prices are currently at a 10-year high for this week. Poor weather, mainly heat and rain, is also elevating tomato prices. As a result, supply across all varieties is anticipated to be tight and prices volatile for the next two to three weeks, according to Mark Campbell, founder and CEO of ProduceIQ. ProduceIQ also reports that lime and squash supplies are tightening. “The new crop of (limes) has started lightly, but should get into full swing in the next two to three weeks,” said Campbell. “Squash markets are tightening up in response to a lull in supply on the East and West Coasts. Baja, Mexico is done until mid-September, leaving California to handle the ...