Market Update for Tree Fruit
Week of August 10 – August 16
So far, California stone fruit growers have enjoyed steady demand and profitable market pricing this season. Overall eating quality compared to past seasons has improved and production challenges for regional growers have set the tone for a strong California season. The USDA continues to keep the market elevated, buying significant volumes of smaller fruit and allowing marketers to ask a premium for larger fruit. Pricing on California peaches has ticked higher, now ranging from $21.95-$22.95 on 2-layer trays and $18.95-$19.95 on single layer euros. Yellow nectarines are lighter in supply and trading higher, ranging from $22.95-$24.95 with the mostly market at $23.95 on 48 and larger 2-layer tray. White flesh peaches and nectarines range from $22.95-$24.95 on 48 & larger 2-layer tray, but availability on white peaches is extremely limited and we should expect FOB’s to remain firm this week. Black plum pricing also firmed with FOB’s ranging from $24.95-$26.95 on 30/35 size 28# volume fill and smaller sizing trading $2.00-$4.00 lower. Look for all stone fruit FOB’s to hold at these levels through August as families continue to stay at home and are taking limited vacations due to the current health crisis.