Agronometrics: blueberry prices fall in the US market

After a recent streak of high prices in the US market, the price of blueberries fell sharply last week. In this "Agronometrics In Charts", we will take a tour of the prices and volumes of blueberries in the North American market, and we will discuss the possible causes that gave rise to this fall.

Climatic consequences

A delayed season in Florida and Georgia due to weather problems left a window between southern hemisphere production and northern hemisphere entry.

Blueberry prices in the North American market remained high, peaking in weeks 15 and 16 of 2021, where average prices per kilogram were $ 11.70 per kilogram, an increase of 73% year-on-year.

As Georgia entered the market and Florida peaked in week 16, prices fell dramatically although they remain higher from year to year, as can be seen in the chart below.

 

Historical average prices of blueberries | USD / KG

Source: USDA Market News through Agronometrics

In the graph below, you can see the two-week delay of Georgia's entry compared to last year; this is in addition to a Florida season left behind.

 

Georgia Blueberry Volumes | KG

Source: USDA Market News through Agronometrics

Although the high volumes from Mexico in the last two weeks clearly influenced the prices that are being seen in the market today, it should also be noted that the volumes of blueberries that are reaching the North American market have been the highest in recent years. years and have also maintained healthy prices.

All of this points to an increase in blueberry consumption in the United States and a more attractive market for growers.

 

Blueberry volumes from Mexico | KG

Source: USDA Market News through Agronometrics

 

Colin Fain, founder and CEO of Agronometrics will be one of the speakers present at the in-person event of the XX International Blueberries Mexico Seminar 2021, on June 02 and 03 at Expo Guadalajara, where he will refer to the Current opportunities for Mexican production in buyer countries. For more information, check https://blueberriesconsulting.com/seminario/xx-seminario-mexico-2021/ or write to us at contacto@blueberriesconsulting.com

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