Asparagus demand from Mexico continues to improve
The collapse of the Francis Scott Key Bridge in Baltimore, Maryland, after a vessel collision in the early morning of March 26, is expected to severely impact the Port of Baltimore. The bridge collapse shut down the main channel into the Chesapeake Bay, leading into the Port of Baltimore, a major route in the agricultural supply chain. Agri-Pulse reporter Philip Brasher reports the Port of Baltimore is the largest importing port for large farming equipment and the sixth largest port of fertilizer in the US, receiving 351,000 metric tons in 2023.
Asparagus demand from Mexico crossings through Calexico, California and Arizona continues to improve as volume is expected to decrease as growers and shippers shut down operations for Easter holy week. Some shipments sold at previously committed prices as the Easter retail pull comes to an end. Most open spot market sales are between shippers to fill contracts and commitments. Prices increased due to less volume.
Avocado movement from Mexico crossings through Texas is expected to decrease as shippers close for Easter Week, March 27-31, 2024. Trading for 60s, 70s, and 84s is very active, others fairly active. Prices are higher. Cartons 2 layers Hass 32s are mostly 47.25-48.25, 36s are mostly 46.25-48.25, 40s are mostly 45.25-48.25, 48s are mostly 45.25-46.25, 60s are mostly 47.25-50.25, 70s are mostly 36.25-39.25, 84s are mostly 28.25-30.25.
