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US (CA): Tomato market could improve
Supplies of tomatoes out of California have been plentiful since the start of picking this season, and that's kept prices from getting too high. But if eastern homegrown supplies are delayed and Mexican volumes dip, then prices for California tomatoes could improve.
“From June until now, we've had more supplies than there has been demand,” said Todd Giardina of The DiMare Company. “There hasn't been a flood of tomatoes, but it's been a pretty steady supply.” Tomato production in California's Central Valley began during the first week of June, and those supplies have been complemented by Mexican imports. On July 7, prices for a carton of large mature greens were between $6.95 and $8.95 out of California's Central District. But Giardina believes those prices could improve.
“Mexico is always a factor, and you can't count them out because they can always bounce back,” said Giardina. “But not as much volume has been coming out of Mexico, and if rains delay homegrown deals in New Jersey and Michigan, prices should start trending up a little.”