What about onions?
White hot prices, that's what. The USDA reported March 16 white onions from Mexico's Tampico region were a record $55 per 50-pound bag in south Texas; the previous high for Mexican white onions was reportedly $40 in 1998. Mexican yellow jumbos were $35 per 50-pound bag on March 16, up from the $30 per bag historic high in March and April of 2003.`The USDA reports that total onion shipments the week of March 4-10 were 17% lower than the same week last year. and Mexican imports were off 29%.
Rain in Mexico is one reason that prices have moved higher, along with reduced acreage compared with a couple of years ago.`More to come? Texas spring onion acreage is rated at 12,000 acres, down 32% from last year's area of 17,700 acres.
Labels: FDA
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home