Hurricane Hilary update: Prices rising for many items

Markon Cooperative BB #:123315 released this crop update August 23, 2023:

Hurricane Hilary is impacting several markets this week. Long-term impacts are still being assessed, but prices are on the rise for several commodities.

Mexico, Baja California

Commodities with markets moving upward

• Cucumbers
• Chile Peppers
• Green Beans
• Squash
• Tomatoes

Green Onions – Prices are much higher

Asparagus – Minimally impacted with some delayed shipments into the U.S. this week

Arizona/California Desert Region

Winter lettuce and leaf crops are still a few weeks from being planted; no disruption is expected at this time

Oxnard, California

Commodities with prices climbing

• Cilantro
• Parsley
• Kale/Flowering Kale
• Bell Peppers

Lettuce/Leaf – the front end of the fall lettuce/leaf crops have been planted; limited planting disruptions may occur for fall harvests

San Joaquin Valley

Commodities with markets rising

• Bell Peppers
• Citrus
• Grapes
• Melons

Stone Fruit – season nearly complete due to storm; remaining stocks limited

Salinas/Santa Maria

Minimal rainfall was recorded in these areas

Broccoli, lettuce, and strawberry quality will be impacted due to warmer-than-normal temperatures and high humidity.

Please contact your Markon Account Manager for more information.