Grape prices dropping as Mexican volume rises

Markon Cooperative BB #:123315 relased this crop update June 8, 2023:

Mexican green and red grape prices are declining; demand is strong. Mexican portioned grapes will begin shipping June 12. The California season will begin in late July. Expect firm markets for the next two to three weeks.

Red/Green Grapes

• Markon Essentials (ESS) Grapes will begin shipping June 19
• The Mexican season is in peak production; demand is strong
• Pricing has begun to decline due to increased production
• California grapes will start shipping towards mid- to late July

Portioned Grapes

• Markon First Crop (MFC) Lunch Bunch Grapes will begin shipping June 26
• The Mexican portioned grape season will start June 12
• Stocks will be extremely tight over the next five to seven days due to the delayed start of the season
• Expect elevated pricing as the season begins followed by gradually decreasing markets

Please contact your Markon customer service representative for more information.