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CHEAP MANGOES : Some Mexican packers halt shipments to USA
















Low prices for mangos have prompted some Mexican producers to halt their exports to the United States in hopes that less product will boost prices. But the temporary reprieve has not done much to move the market.




“There were some packing houses that shut down for a few days, but, from what I understand, they are back up and running,”
said Gary Clevenger of Freska Produce International.



 “They thought the price was too low, but I'm not sure that they had an effect on the market.”



He explained that there has been a wide range in mango prices, as importers are sourcing fruit from several locations.





 Peru has also had some quality issues, so the market has also reflected the wide range in quality available.




Mexican growers have cited sluggish demand in the United States, partly caused by inclement cold weather that has kept some consumers away from stores, as a reason for the halt in exports. 



Mexican producers are now trying to decide if it's worth selling at current low prices or whether they should hold back their fruit in reserves that are already well stocked. 



As U.S. markets, literally thaw, the market may adjust and render the question moot for Mexican exporters.

“The market just needs to have some consistency,”
said Clevenger. 




“There are many types of fruit out there right now, so things just need to settle down.”







Publication date: 3/16/2015
Author: Sander Bruins Slot
Copyright: www.freshplaza.com








http://www.freshplaza.com/article/136803/Some-Mexican-packers-halt-shipments-to-USA



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