Limes in Charts: Prices jump after lowest point in four years
In week 8, lime prices finally took an upswing after hitting their lowest level in four years.
Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)
There is still room to grow, as even with the small jump prices remain among the lowest we have seen in the last four years.
Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)
After a healthy increase in volumes in week 5, supplies are finally normalizing and getting closer to last year’s levels. Should this trend persist, we could see a rapid recovery of the markets in line with what we saw last year.
Considering limes’ volatility around this time of year, it is always an interesting commodity to watch as we closely monitor this unfolding situation.
Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)
Written by: Colin Fain
Original published in FreshFruitPortal.com on March 03, 2020 (Link)