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U.S. Mexico Canada Agreement seasonal perishable products - weekly update

Movement of Mexican asparagus through Arizona, California and Texas expected to remain the same

International Roadcheck was this week. This annual 3-day event is the largest targeted enforcement on commercial motor vehicles in the world and is sponsored by the Commercial Vehicle Safety Alliance in partnership with the Federal Motor Carrier Safety Administration, Pipeline and Hazardous Materials Safety Administration, Canadian Council of Motor Transport Administrators, Transport Canada and the Secretariat of Communications and Transportation (Mexico).

In addition to providing safety checks and educating the industry and general public about the importance of safety, one unintended consequence may be that smaller truckers with LTL’s (less than truckload or combined cargoes) may avoid driving during this time, as fines for being overweight can be up to $10,000.

The movement of Mexican asparagus crossing through Arizona, California, and Texas is expected to remain about the same. Trading was fairly slow at lower prices. Most orders are booked at previously committed prices and very few spot market sales, with light demand. Some fields have reached their peak and will soon go to fern, with pressure from competing growing districts contributing to lower prices. The movement of Peruvian asparagus through South Florida ports of entry is expected to remain about the same. Trading slow with prices large and standard much lower; others lower.

Supplies are moderate and expected to decrease out of southern Peru and increase in northern Peru. Pull for Memorial Day promotions are expected to begin late this week, although many orders are being filled out of competing domestic growing areas and Canada. Movement of asparagus out of Walla Walla District and Lower Yakima Valley Washington expected about the same. Trading is slow at lower prices—some present shipments from previous commitments or prior bookings. The movement of asparagus from Michigan is expected to increase as more growers begin to harvest. The first F.O.B. price report has been issued, and prices remain unchanged with active trading.

Click here to read the full report.

 

Source: mymarketnews.ams.usda.gov


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