Skip to main content

Strong volumes of Mexican asparagus


Overview of the beginning of the Mexican asparagus season with Carlos Solf and Charlie Eagle of Southern Specialties, complemented by charts from Agronometrics.



Original published in FreshPlaza.com on March 6, 2020

Supplies of asparagus out of Mexico are ample after a slightly late start to the season.

While the season began at the end of January, a freeze in Mexico on February 4th slowed production down somewhat. The season is predicted to wrap up in mid-April. “Our asparagus from Caborca, Mexico are looking very good. We are pleased with the quality and volumes that are crossing into the U.S.,” says Carlos Solf, director of procurement for Southern Specialties based in Pompano Beach, Fl.

Volume is solid and Charlie Eagle, vice president business development for Southern Specialties notes that the asparagus, which is offered in 11 lb. and 28 lb. cases, is coming in at promotable volumes given that supplies are at their peak. “We have expanded our acreage about 30 percent a year for the last several years,” says Eagle, who adds that it’s also an importer of asparagus from Peru. “And this year we again expect to increase 30 percent in volume.”

Mexican and Peru asparagus volumes (KG) in the US Martet


Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)

Peru arrivals

Meanwhile Peru is set to ship asparagus mid to late-March, depending on the strength of the markets.

All of this volume is meeting good demand for the vegetable. “There’s a lot of product available so we’re pretty pleased with the way the product is moving right now,” says Eagle.

As for pricing, it has seen some fluctuations but it is now sitting at attractive pricing given the volume available, says Eagle. “Last year peak production came in later so prices were higher,” he adds.

Reported prices of asparagus in US MArket


Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)


The News in Charts is a collection of stories from the industry complimented by charts from Agronometrics to help better tell their story.

Access the original article with this (Link).

Comments

Popular posts from this blog

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 …

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, …

Price Alerts! are here for all

As we bring price alerts to Agronometrics we thought we would pen a piece on our thinking behind the service as well as the methodology for it.

The idea for the Alerts arose from our conversations with the industry, where several people expressed high interest in knowing when there are important changes in the market prices that could affect their business.

This impetus created the Price Alerts! service, whereby we monitor daily average prices of every commodity on our platform, so that you don’t have to. As soon as the difference in price reaches a certain threshold you get an email alerting you of said price change. You can take a look at our sample report through this link (US Avocado Price Alert!)

In order not overflow our users with these email alerts, we have used some fancy statistical analysis and determined the required values so as to send some 12 alerts per year for each commodity. In the table below you will find the list of commodities along with their estimated limits t…