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Market Alert: Hurricane Helene

Hurricane Helene has caused significant damage to Eastern agricultural regions, impacting Tomato and other vegetable crops. The full picture is not clear yet as cleanup and assessments are currently underway. Market pricing is active. Crop losses, price increases, and potential supply gaps are a concern, particularly for Tomatoes, Peppers, and other warm-weather vegetables. Additionally, workers at East and Gulf coast ports began a strike on October 1. 36 ports are impacted by the work stoppage. BIX Produce is actively working to mitigate the impact on our logistics. Bananas and Pineapples are higher volume items that flow through these coast ports and into our facility. The industry is hopeful that an agreement is reached soon. This impacts many consumer items too.