Skip to main content

Agronometrics in Charts: Blackberry prices free fall in U.S. market

This year, blackberry prices in the U.S. market began much higher than those reported last year despite the fact that the volumes of fruit remained relatively constant. The differences between the two years reached 187 percent, in favor of 2021. The prices of week 15 this year saw a historical maximum of US$22.10 per 12x6 container, which can be seen in the following graph.

These high prices can mostly be attributed to the increasing demand for blackberries and berries in general due to increased consumption of fruits rich in vitamin C and antioxidants as immune system boosters amid the Covid-19 pandemic.

However, prices began to significantly decrease until week 21 and then stabilize until week 27, where they began to rise until week 30. The curious thing is that this occurred when less fruit was sent from Mexico to the U.S.

After this, prices began to free fall which happened until last week and continued without stopping. Looking at the graph below, we can see that in week 33 of this year, the average blackberry prices were around $8.98 per container, showing a 51 percent decrease year on year.

Average reported blackberry prices in the U.S. market (USD)
Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)

If we look at the graph below, in relation to blackberry volumes in the U.S. market, you can see that they have remained quite similar when comparing 2021 with 2020, as we have already mentioned.

As of week 29, a significant volume increase year on year has been reported and had continued until week 32. In week 32 blackberry volumes in the U.S. market were slightly under 2.5 million kilograms, a 53 percent increase year on year.

Blackberry volume in the U.S. market (KG)
Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)

This volume surge is due to increased shipments from Mexico, California and Guatemala. We will have to see what happens to future prices as Guatemalan and Californian seasons begin to wind down while Mexico starts again in a significant way.

Written by: Cristian Crespo F.
Original published in on August 24, 2021 (Link)

Popular posts from this blog

Agronometrics in Charts: Demand for berries skyrockets in 2021

This time for the ‘In Charts’ series we will give an update as to how the average prices of berries have been behaving. Specifically, we will look at the prices of blueberries, raspberries, strawberries, and blackberries in the United States market and compare them with previous seasons. An increase in demand, brought on by the tendency to consume “superfoods” such as berries during the Covid-19 pandemic, seem to have pushed prices up despite the fact that volumes imported by the United States have been similar or higher than those of previous years. Let's look at each particular case: Blueberries Blueberry prices experienced a significant increase from week 3 of 2021, showing the highest prices of the last 5 seasons for the same date. If we observe the following chart, we can see that, for week 7 of 2021, the average price of conventional blueberries was $7.60 per kilo. This is 24 percent higher than in 2020 when the average price was $6.14 per kilo. Volumes for blueberr

Peru's blueberry oversupply takes its toll on export price

Overview of the Peruvian blueberry season, complemented by charts from Agronometrics.   Original published in   on November 25, 2020  This year's Peruvian blueberry season began in June with the export of 1,010 tons worth 5 million dollars. These figures represented a 25% increase in volume and a 77% increase in value over the same month of 2019. The lower production in the northern hemisphere due to weather problems allowed producers to achieve attractive prices of $ 5.15 per kilogram in June. Volume (in Kg) of blueberry from PerĂº in the US market Source: USDA Market News via Agronometrics . (Agronometrics users can view this chart with live updates here ) The good reception of Peruvian blueberries and the increase in prices encouraged exports during July, a month in which the country shipped 4,808 tons (+ 108%) for 26 million dollars (+ 102%). In this month, the increase in the Peruvian supply generated a slight 3% fall in the typical prices of the month,

Agronometrics in Charts: Berry prices in the U.S. market

This week we're going to check out how prices of blueberries, raspberries, strawberries and blackberries have been behaving in the U.S. market compared to previous seasons. Blueberries Let's start with blueberries, which over recent weeks have seen similar prices to 2019, although they have improved somewhat over the last two weeks. Looking at the chart below, we can see that in week 42, the average price of conventional blueberries was US$9.07 per kilo, which is 8% higher than in 2019. Volumes are coming from Mexico and Peru. Prices of non-organic blueberries in the U.S. market (USD per kilo) Source: USDA Market News via Agronometrics . (Agronometrics users can view this chart with live updates here ) Raspberries Raspberries meanwhile have throughout this year experience sharp peaks and valleys, although in recent weeks prices have tended to stabilize. As can be seen in the chart below, in week 42 prices were US$8.39 per kilo, which is 18% up on 2019. The U.S