Vegetable/Potato Industry Snapshot

Fresh market vegetables

• Reports from New Jersey suggest that it has been a decent crop year so far, but that pricing has been a bit weak compared to previous years. 

Processed vegetables

• Major processors in Western NY are long on inventory following the COVID-era boom when everyone stocked up on canned goods. They are now cutting back on contracted volumes in an attempt to bring supplies into better balance with demand. 
• In New Jersey, a major produce processing facility (Seabrook Brothers & Sons) had a roof collapse, shutting down most of their operations. This facility will be offline until it can be reconstructed which will take substantial time. In the meantime, numerous growers who ship to this facility will have to pivot to other buyers and markets. 

Potatoes