Lime prices are as high as $125.00 FOB in South Texas today and will continue to rise. Growers continue to strip new crop trees of fruit to capture the elevated market. Small sizes (250- to 300-count fruit) dominate crossings from Mexico into South Texas; very few large sizes (110- to 200-count limes) are on the market. Expect scarce supplies and elevated prices over the next month. · Limes aren’t being left on trees long enough to gain size and maturity; the market for large sizes will remain the highest · Prices are expected to start inching down when Easter demand ends, especially the market for small sizes · High prices have added security concerns; theft has become an issue, as trucks travel through Mexico towards the U.S. border · Production is typically slow during the winter growing season (November through April), but this is a historic shortage caused by heavy rains in the growing region of Veracruz · Even though overall quality is good, light color, brown spots, scarring, and stylar (stem decay) may become more prevalent because fewer supplies are on the market · Flexible truck loading dates and loading at multiple locations may be necessary
Posted on: Tue, 01 Apr 2014 20:57:38 +0000
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