Lettuce markets rising due to poor weather

Markon Cooperative BB #:123315 released this lettuce crop update February 19, 2024:

Iceberg markets are up following reduced yields in the Arizona and California desert regions; green leaf and romaine prices are inching higher as well.

MFC Green Leaf, Iceberg, and Romaine are limited; Markon Best Available (MBA) is being substituted as needed due to industry-wide low weights and diminished quality.

Alternating weeks of warm and cold weather, as well as rain and hail, have reduced supplies. Production crews are working slowly through poor field conditions, which has decreased overall yields and pushed markets higher.

Elevated levels of bottom rot, dirt/mud, epidermal blistering/peeling with discoloration, mildew damage, pinking, and mechanical damage are affecting finished pack yields.

Warmer weather is forecast for next week, but additional adverse weather will hit the region in late February.
Expect active markets. Prices for all three lettuces will continue rising over the next 7 to 10 days.

Please contact your Markon customer service representative for more information.