Inbounds from Mexico have been very high for the past few weeks. 600 plus loads have crossed each week and has created a very aggressive market in the US. Most sizes are 200s and smaller, although we are starting to see less 230s/250s cross and more 175s. Large fruit has opened up as well and is now equal to demand, as long as buyers are willing to take both 110/150s. Quality has been good, but there are some shippers quoting combination/#2 grades. This is causing some buyer hesitation but good quality limes are priced aggressively enough to move well. With vacation season starting in a couple of weeks, lime importers are pushing for more ads. The summer lime volume is forecasted to remain heavy.
Mango Crop Update
We are in week 22 now. Volume from Mexico has been very stable the last few weeks and is expected to rise only slightly this week. We expect packing on round mangoes in Jalisco, Nayarit and Sinaloa to pick up pace near the end of next week (week 23) when we think many fields will reach proper maturity for harvest. The early sizing in Jalisco, Nayarit, and Sinaloa on Tommies is peaking heavily on 12 counts. Most of the big fruit in the market is being supplied by Michoacán which is expected to slow down dramatically in 2 weeks. We expect size 9s and larger to remain tight, size 10s to be in equilibrium between supply and demand and size 12s to become the long suit in the overall market needing a lot of promotion to keep the market healthy.
Now is the time to plan big mango ads and lock in lid pricing and availability for the peak weeks of the Southern Sinaloa region on Kents and Keitts. Those peak weeks of volume are 25 to 29 with Northern Sinaloa coming in heavy after that. See Arrival Volume Chart below.
Organic Round mangoes will start coming back online next week. We are about to come out of a short packing gap and into the heaviest volume organic mango time of the year with Nayarit and Sinaloa mangoes.
The Honey mango market (Ataulfo variety) has remained very stable with a good spread of sizes and volumes staying between 850k and 1.1m boxes per week ever since April. We expect volume to remain strong until mid-July. Quality is challenging with some packers doing a fantastic job on quality and others not so much. Honey (Ataulfo) Prices can range significantly between shippers and/or labels based on their reputation and track record of quality.
Retailers, get ready for the Mango Mania Display Contest in July. Here is a link for more information. http://www.mango.org/professionals/retail/mango-mania-display-contest/
Stores on ad on conventional mangoes decreased from 8,877 stores to 6,325 stores on ad for the week ending 6/02/18. Weighted average retail price is $0.91 per piece. See the USDA Data on Retail Mango Ads chart below for detailed data by geographic region of the country. Stores on ad with Organic mangoes dropped from 1,422 stores to 608 stores this week. This decrease was driven by large retail ads ending in the southwest region. Average Organic price was at $1.39 per piece.
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