Lemons in Charts: Chile sees much lower prices on higher volumes
In this In Charts series, Colin Fain of Agronometrics illustrates how the U.S. market is evolving. Each week the series looks at a different horticultural commodity, focusing on a specific origin or topic visualizing the market factors that are driving change.
As Chile’s lemon season winds down, we take a quick look at the market data to see where things are.
Prices and Volumes of Non-Organic Lemons from Chile
Source: USDA Market News via Agronometrics. Agronometrics users can view this chart with live updates here.
With August being the height of the season, Chile’s lemon exporters usually wind down their activities in September. This year, however, it looks like the season came a bit early, sending 21.7m kilograms in July - more than twice the amount that was exported in 2018.
August is already seeing a decrease in volume, but not too much lower than the same time period the previous season.
Non-Organic Lemon Volumes From Chile
Source: USDA Market News via Agronometrics. Agronometrics users can view this chart with live updates here
In prices, the differences between the two seasons are more pronounced. In July - perhaps reflecting volumes - the pricing was almost half of what we were seeing the previous year.
In August, where volumes were already lower than the previous year, the gap in pricing between last year and this year further increased, setting the highest price we have seen in the last four years against the lowest.
Non-Organic Lemon Prices from Chile (17Kg Cartons)
Source: USDA Market News via Agronometrics. Agronometrics users can view this chart with live updates here.
In our ‘In Charts’ series, we work to tell some of the stories that are moving the industry. Feel free to take a look at the other articles by clicking here.
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