Market Update for Tree Fruit
Week of February 22 – February 28
Very inconstant arrivals of Chilean stone fruit have kept FOB’s relatively elevated all season. Except for a recent decline in FOB’s on yellow nectarines, overall pricing on premium sizes of peaches, plums and nectarines have held well above $20 all season. Overall acreage has been significantly reduced in favor of more profitable crops like cherries and citrus, so we won’t see much change in the spot market through the balance of the season. There are still a few importers with strong stone fruit arrivals but the majority of the fruit is all programed out.