Price Alerts! Thresholds

Price Alerts are a tool that Agronometrics makes available to its customers and users to the free trial. The alerts indicate that the average daily price of a commodity has risen or fallen by more than a specific threshold calculated to create approximately 12 reports a year.

To take into account the changes in the volatility of the Commodities we work with, we periodically adjust the thresholds so that they better represent our present reality. The below limits are calculated using the daily prices of each commodity from 02 Jan 2017 through 20 Mar 2020.

These thresholds were updated in the system on the 23 March 2020.

Price Alert! Thresholds by Commodity (Non-Organic)

Fruit	Measure	Limit Low	Limit High
APPLES	Price Per Package	-$0.7926	$0.8500
ASPARAGUS	Price Per Kilo	-$0.6018	$0.6061
AVOCADOS	Price Per Package	-$2.5772	$2.6945
BLACKBERRIES	Price Per Package	-$1.6179	$1.6485
BLUEBERRIES	Price Per Kilo	-$0.7773	$0.8042
CHERRIES	Price Per Kilo	-$0.3928	$0.4458
CLEMENTINES	Price Per Kilo	-$0.1112	$0.1177
GRAPEFRUITS	Price Per Package	-$0.3951	$0.4544
GRAPES	Price Per Kilo	-$0.1891	$0.1957
KIWIFRUIT	Price Per Package	-$0.6015	$0.6565
LEMONS	Price Per Kilo	-$0.0684	$0.0716
LIMES	Price Per Package	-$2.0319	$2.0838
MANGOES	Price Per Package	-$0.4656	$0.4802
NECTARINES	Price Per Kilo	-$0.0958	$0.1019
ORANGES	Price Per Kilo	-$0.0461	$0.0483
PEACHES	Price Per Kilo	-$0.0818	$0.0878
PEARS	Price Per Kilo	-$0.0563	$0.0597
PLUMS	Price Per Kilo	-$0.0907	$0.0985
RASPBERRIES	Price Per Package	-$0.9716	$1.0241
STRAWBERRIES	Price Per Package	-$1.8808	$1.9165

To learn more about Price Alerts! and how we made our calculations see our article on the subject Price Alerts! are here for all.

Comments

Avocados In Charts - Prices are falling and why are they likely to settle below 2018

Agronometrics has often spoken about what is to come and how the market could be affected. We hold a strong belief in being able to look at objective data can help navigate complicated scenarios. The recent spike in prices that avocados have seen is an example of one of these scenarios, catching many by surprise at a time of the year where we had never seen movements like this before. This can be seen in the chart below where the 2019 line has towered above all other prices since Sept. 2017 and every price recorded for June in the last five years.

Historic Hass Avocado Prices

Source: USDA Market News via Agronometrics. (Agronometrics users can
view this chart with live updates here)
Comparing the volumes of this year to the last can offer some insight as to how these prices have come about. Considering the prices were almost flat last year, the volume data serves as a great benchmark to understand where customers expectations lie.

In this year’s data, an important oversupply can be …

Apples in Charts: Honeycrisp, the queen of the U.S. market

Apples are a high-volume fruit commodity which growers need to produce very efficiently in order to be profitable, and the U.S. is no exception to this rule.

Apples from numerous origins are sold in the U.S. market, which is supplied principally by fruit from Washington State, as can be seen in the chart below.

Average historic arrival volumes of apples in the U.S. market, by origin

Source: USDA Market News via Agronometrics. (Agronometrics users can
view this chart with live updates here)
Average historic apple prices in the U.S. market have oscillated between around US$1.00 and US$1.75 per kilo over the last decade.

Historic weekly prices (USD/KG) of apples in the U.S. market

(Source: USDA Market News via Agronometrics. (Agronometrics users can
view this chart with live updates here)
But in the panorama of apples in the U.S., there is one variety that has stood out from the others – Honeycrisp. This queen of the U.S. apple market has great growth potential and excellent prospects…

The table grape industry is in uncharted territory right now

Overview of the potential impact of COVID-19 on future grape supply and price, by Ira Greenstein of Direct Source Marketing, complemented by charts from Agronometrics.

Original published in FreshPlaza.com on March 24, 2020

While the Chilean and Peruvian grape seasons are winding down and their weekly volumes are decreasing, the table grape industry has seen an uptick in demand in the past weeks. This is partially a result of the high retail movements due to the coronavirus panic-shopping of the past few weeks. Ira Greenstein of Direct Source Marketing says: “A month ago, importers had a real concern that the industry wouldn’t be able to move through the condensed volumes and huge inventories would be sitting in cold storages. That sentiment has completely reversed with substantially increased retail demand due to the COVID-19 pandemic.”

With the lower volumes but increasing demand, the cold stores are rapidly being depleted and spot market pricing is expected to continue to increase, …

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