CALL US Today : (541) 610-0410

Onion Expert

What Is The Onion Market Doing?

Shay Myers - Saturday, September 13, 2014

As always, the weather, the market, and various parts of the business world can greatly affect the onion market. Here is the Onion Market update as of September 8, 2014:

 

Market: Packing is at full swing at most packing sheds here in the Northwest. While harvest is just beginning here in the Treasure Valley, Washington has been going hard for about a week.

 

Yields: Yields in Washington are about average somewhere in the 700-750 cwt range. Harvest is approaching the 25-30% completion at this point. Reds and whites are the bright spot in the market with prices in the double digits for whites with reds not too far behind.

Yields in Idaho/Oregon have been a bit light to start with, mostly as a result of IYSV and lack of water. Many shippers are offering smaller sized onions than what they are used to. This is adding some down pressure to the market, especially among the smaller sizes.

 

Freight: A continued lack of drivers continues to demand very strong freight prices. Prices are similar, at this point, to what they were during this time last year, but there is even less negotiation when it comes to rates. East coast rates for refers can be as high as $8-$8.50 for refrigerated trucks. If you are able, utilizing flat beds at this juncture in the season could save you as much as 15-20%.

Comments
Post has no comments.
Post a Comment




Captcha Image

Trackback Link
http://www.owyheeproduce.com/BlogRetrieve.aspx?BlogID=12352&PostID=535599&A=Trackback
Trackbacks
Post has no trackbacks.

Recent Posts


Tags


Archive