Lime supplies continue to be steady this month, carrying on from the end of summer when volume was good despite the presence of Mexico's monsoon season. The rains are clearing now, bolstering confidence that volumes will continue to keep up with demand. Moreover, the quality of fruit is getting better as drier conditions return.
"We source almost all of our limes from Veracruz, although there are other regions that also produce limes," said Kenny Alford of FreshTex in Texas. "This summer, the region experienced a lot of rainfall but we are coming out of the monsoon season now. Fruit quality is improving with the rains easing off giving way to drier conditions."
Alford suggested supplies should be good for another month or so before seasonal volume begins to decline as the end of the year approaches. He also noted that sizing has been increasing recently. "Sizing has been predominantly small this season, but we have recently been seeing larger sized fruit coming through."
Market remains stable, set to rise
As October begins, the market continues its balanced rhythm. Prices have been moderate for a few months now, in contrast with the fruit shortage and subsequent higher prices earlier this year. This market level is predicted to be short-lived however, as the typical decrease in volume that occurs in October is expected to put upward pressure on prices.
"The market has been steady with no significant highs or lows in the past couple of months," Alford shared. "We expect prices to start climbing up in October with limes tending to become more expensive as the month progresses. This is typical of this time of year and reflects the declining volume."
"Overall, the season is going smoothly," he added. "With the rain issues gone now, we look forward to continuing to produce a good supply of quality limes."
For more information:
Kenny Alford
FreshTex
Tel: +1 (956) 283-8014
kennyalford2@gmail.com
www.freshtexllc.net