Tag: produceiq

Over the weekend Donald Trump imposed tariffs on Mexico, Canada, and China in his war on illegal immigration and drug trafficking. All three countries have responded that they are preparing similar tariffs on U.S. goods.

After weeks of high winds and devastating wildfires, Southern California saw much-needed rain over the weekend. The rain provided relief and aided firefighting efforts in residential and agricultural areas but left Californians at risk for flooding and mudslides.

Despite this week’s weather forecast, supply will likely cover demand, and prices may even decrease over the next few weeks as more growers come online.

The cold front that reached deep into Florida last week did slow the production of a few commodities such as cucumbers and squash but did little to stop plummeting tomato prices.

Post-holiday demand hangover and stable supply send the ProduceIQ Index plummeting. Average prices are down -9 percent over the previous week and typically continue a downward trend into mid-February.

The ProduceIQ Index finishes the year showcasing a continued yet flattening rate of inflation. The produce industry appears to reflect the broader economy by continuing to have slightly higher prices for another year.

We dedicate this Christmas week newsletter to members of the produce supply chain who keep things moving even during the holiday week.

We are a little over a week from Christmas celebrations, and produce markets are ripe with the anticipation of strong holiday demand. But before we can get to Christmas and all things merry and bright, an astronomical event is just around the corner.

Week #49 is experiencing major price decreases in several commodities we’ve covered in the past few weeks. However, the decreases are not enough to tip the scale on average index prices.

The holiday weekend has ended, but the annual produce industry Thanksgiving hangover looks a little different than usual. Rain in the West and impacts from Milton and Helene are creating gaps in supply, impacting produce prices.