MARKET UPDATE 02.13.26

Good afternoon,

LETTUCE production continues around 20% under projections, keeping markets snug this week. Weather and planting gaps have kept fields out of rhythm for a few weeks now and that trend looks to continue until the end of the month.

CELERY is expected to recover out of Florida in the next week or two. Markets are sky high for now as options for product are extremely limited. We may need to substitute sizing to 30ct to make it through the low points ahead. Once we make it into March, we should see markets ease on CELERY thanks to improvements on the west coast as well as Florida supplies bouncing back.

Mexican LIME costs are increasing as overall yields continue to decline. There is decent supply of lower quality fruit, resulting in a two tiered market. We expect another few weeks of elevated pricing for good quality fruit while early new crop product gets a chance to catch up. Seasonal conditions in Mexico for the next week won't hurt either!

CHERRIES are finished for the season. Some supplies remain available but for export, its the right time to quit while we are all ahead!

GREEN ONION supplies remain extremely tight as conditions have yet to improve out of Mexico. We saw some brief relief in late January but the complete recovery we were hoping for never came. G/O pricing will remain elevated for another few weeks due to a lack of availability.

YUMA veg remains extremely short this week, especially on LETTUCE, CAULIFLOWER, and SPINACH. Early season sunny skies led to overproduction for the last 6-8 weeks. Now, suppliers are seeing production gaps and cold weather slowing down harvest and limiting availability. Once sunny skies and some warmth return for a steady few weeks we will see supplies start to recover.

More as it happens,

Parker Tannehill