Warm weather boosts North America beet production
Warm weather in California and northern Mexico has resulted in a boost in beet production. Highs in the 90s in some areas is bringing plenty of sunshine to the crops and supplies are becoming plentiful. Suppliers have noted that such volume is not unusual for this time of year, especially when Spring-like weather sweeps through the growing regions.
"On the West Coast, beets are currently growing in Oxnard, California, which runs all year round, as well as in the Sinaloa region in Mexico, where they grow from November to April," said Brian Donovan of Golden West Veg. "The weather has been phenomenally good in recent weeks, with very warm conditions producing heavy volumes. The levels we are seeing are quite average for this time of year."
High production means prices coming down
It's not just California and Mexico where beet production is rising. Florida too is enjoying improved weather conditions, and subsequently a rise in volume. With all the beet supply entering the market, prices are trending lower than recent months. However, as with the ample supply, the lower prices are not giving anyone any surprises.
"Markets have been pretty low recently," Donovan said. "Prices are averaging between $7.00 - $12.00 for a 1 dozen bunch, which is quite normal for this time of year. All growing regions are in full production so supply is abundant and therefore prices have come down. Demand has been fairly good so the season is progressing along well."
Donovan added that freight cost pressure has been a factor this season, however this has eased in recent weeks. "Freight costs are coming down a little now," he said. "There was a point where freight was often costing more than the actual produce was worth, which really had an impact on long distance shipments. Even now, we are seeing lighter supplies on anything going East, particularly as Florida has increased production and is supplying that market."
For more information:
Golden West Veg
Tel: +1 (805) 201-1942
Publication date: 2/5/2018
Author: Dennis M. Rettke
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