The likelihood of a lime purchase slipped two percentage points from last year. For the second consecutive year, the likelihood of a purchase increased according to income and decreased according to age. Shoppers earning less than $25,000 annually were the least likely overall to make a lime purchase.
Higher fresh fruit inflation in 2014 will be followed by moderate inflation in 2015, according to the latest food price forecast from the U.S. Department of Agriculture.
When lime prices hit triple-digits earlier this year, some shippers I talked to said restaurants were switching to lemons as a cheaper substitute.
Northeastern wholesalers are talking with Mexican exporters about bringing Mexico produce into Philadelphia via ocean vessels.
While trees were being uprooted in a Bakersfield grove, California Citrus Mutual president Joel Nelsen and two state senators protested water policies that resulted in zero water allocations in the state’s Central Valley.
With sky-high lime prices falling back down to earth comes a returning opportunities to promote the green citrus for summertime entertaining, lime importers and marketers say.More Packer Stories for Limes
Market Scope - Limes — F.o.b.s as of Aug. 18
MEXICO CROSSINGS THROUGH TEXAS — Crossings (156-152*-181) — Movement expected about the same. Trading 230-250s fairly slow (heavy supplies), others moderate. Prices 230-250s generally unchanged, others higher. 40-pound cartons 110-175s mostly $14, 200s $12-14, 230s mostly $10, 250s mostly $8. Quality variable. *revised
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