by Tim Linden | May 21, 2014
The mango market hit rock-bottom prices this spring, but U.S. importers are expecting a better market as the summer wears on.
It appears that there were a number of factors leading to the low prices, including many different production areas, growers pushing the price too high too early and new players in the deal.
Larry Nienkerk, manager of Splendid Products LLC in Burlingame, CA, saw some encouraging marketplace signs in mid-May.
Mangos being cut from a tree during harvesting in Ecuador.
"I see a little bit more strength in the market," he said May 16.
Through the early part of May, the mango was as low as it gets with $3 buying a carton of mangos more often than not during the first two weeks of the month.
But Nienkerk said Guatemala and Nicaragua were winding down and Mexican producers should have a good opportunity to gradually increase the f.o.b. and maintain a nice market through the rest of the summer.
The longtime mango importer said that confl…
The mango market hit rock-bottom prices this spring, but U.S. importers are expecting a better market as the summer wears on.
It appears that there were a number of factors leading to the low prices, including many different production areas, growers pushing the price too high too early and new players in the deal.
Larry Nienkerk, manager of Splendid Products LLC in Burlingame, CA, saw some encouraging marketplace signs in mid-May.
Mangos being cut from a tree during harvesting in Ecuador.
"I see a little bit more strength in the market," he said May 16.
Through the early part of May, the mango was as low as it gets with $3 buying a carton of mangos more often than not during the first two weeks of the month.
But Nienkerk said Guatemala and Nicaragua were winding down and Mexican producers should have a good opportunity to gradually increase the f.o.b. and maintain a nice market through the rest of the summer.
The longtime mango importer said that confl…