April 23, 2024
With Mexico grape officials estimating that exporters will send about 24 million cartons of table grapes to the U.S. market this spring and summer season, Carlos Bon of Divine Flavor expects to see a plethora of promotions as FOB prices should be reflective of the uptick in volume.
Bon, who is Divine Flavor’s vice president of sales, expects the FOB price on table grapes to fall to its lowest level since August of 2023 once Mexico shippers hit their peak shipments in mid-June. He said the timing of the crop, which is earlier than last year, should combine with solid volume to create the downward pressure on the price, allowing retailers to offer great deals to consumers.
