“We’ve had significantly lower returns on peppers this year than historically,” he said.
The economy can take part of the blame for that, Dilaudo said — when times are tough, higher-priced items like colored, greenhouse-grown bells are hit harder than other commodities.
But the main reason, Dilaudo said, has been an influx of product from Holland.
Growers there are growing more product but facing steep decreases in demand from eastern Europe and other markets.
Russia, in particular, Dilaudo said, is pulling much less product from Holland because of its economic difficulties, he said.
Also, Turkey has been ramping up its production, providing competition to product from the Netherlands.
As a result of all those factors, Dutch growers are sending more of their product across the ocean, Dilaudo said.