Market update
Posted by admin on October 17, 2009 · 3 Comments
Good day to you all. This has been an exciting week working with a market full of up trending commodities. As you may or may not know California has had a warm front for the past 3 days. Since our last video update on markets we have seen broccoli market show a down trend, cauliflower, celery, leaf item, & now lettuce. Huron California started on Thursday for some shippers of lettuce. Monday is usually a big shipping day for perishable commodities so look for deals on Tuesday/Wednesday. Shippers of Broccoli, Cauliflower, & Celery will be looking for a new level @ which product can move swiftly at. Friday we received prices from $15.56 F.O.B. to $20.50 on liner lettuce. Some shippers were saying market will not be dipping no supplies. We loaded heavy out of Las Cruces, Nm with better weights than California lettuce. Mexico is now coming into the U.S. with product now so please watch the market look for a level it can move @ better. Lettuce out of Mexico traded @ 11.00 – 13.00
Broccoli market on 14’s were trading @ $ 10.56 – 14.50 crowns the F.O.B. is stronger due to second to third passing’s in fields.
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Good day to you all. This has been an exciting week working with a market full of up trending commodities…..