Thursday, March 29, 2007

Markets which way?

Your guess is as good as the rest of the industry. Receivers are optimistics that markets will come down on onions next week with the start of Texas and shippers are still preaching lower yields..who is right? Lets take a quick walk thru some markets. SWEET POTATOES...markets are steady with some push upwards in MS & LA. Jumbos are not as easy as they were in NC so order ahead for your Easter action. POTATOES....WHITES - CA will be starting up again with volume around 4/16 and until then it is all FL which is why the markets jumped again. YUKONS..same story as whites. REDS..still good supply in ND and people are getting liking them more and more as FL raises their prices higher and higher. Strange turn of events this week though as FL raised their prices yet again, sold out for the week and then lowered their prices for next weeks business? Try planning ahead when shippers are doing crazy stuff like that! RUSSETS..WI is steady as she goes. ID has raised their carton market up again ever so stightly, two's are up as well but consumers seem to remain flat. ONIONS...TX will start shipping with volume next week and this is what we have been waiting for. BUt for now WHITES- No choice but Mexico product which are not the prettiest we've ever seen but when there isn't anything else they work. REDS...WA still has some holding their high price and proud of it. Mexico also good supplies of Jumbo & Medium reds coming across. YELLOWS..WA is still shipping with good solid product with great shells. Don't let them get warm or you will have instant chia pets. Markets are steady where they were last week. Mexico also good availability but tailing off just in time of TX. Be carefull as you navigate these markets in the next couple of weeks as there will be changes on all items as districts change and product remains tight. Have fun!

Freedom Kongvold
Philip G Ball Company
570-586-5700

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