Retail demand gives jolt to markets

A peek at the U.S. Department of Agriculture’s daily market news highlight page usually doesn’t reveal too much.

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(The Packer)

A peek at the U.S. Department of Agriculture’s daily market news highlight page usually doesn’t reveal too much.

There is typically a smattering of higher prices and a handful of lower-trending markets. The March 16 edition looked different, with a much longer list of higher-trending fruit and vegetable markets.

Talking yesterday with Western Growers Dave Puglia, president and chief executive officer of Western Growers, he related grower-shippers were at full throttle trying to meet market demand from retailers who have seen big demand from shoppers stocking up in the wake of the coronavirus COVID-19 outbreak.

On March 16, the USDA reported “higher” or “much higher” markets for:

  • artichokes;
  • avocados;
  • beans;
  • beets;
  • broccoli;
  • cabbage;
  • cantaloupe;
  • cauliflower;
  • celery;
  • cilantro;
  • cucumbers;
  • ginger root;
  • grapes;
  • greens;
  • iceberg lettuce;
  • romaine lettuce;
  • mangoes;
  • onions;
  • oranges;
  • peppers;
  • potatoes;
  • grape tomatoes; and
  • watermelons.

Here is a glimpse at the March ascent for some commodities....


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