Limes in Charts: Prices jump after lowest point in four years
In this installment of the ‘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.
In week 8, lime prices finally took an upswing after hitting their lowest level in four years.
Non-Organic Lime Prices by Size (40 Lb Cartons)
There is still room to grow, as even with the small jump prices remain among the lowest we have seen in the last four years.
Historic Non-Organic Lime Prices (40 Lb Cartons)
After a healthy increase in volumes in week 5, supplies are finally normalizing and getting closer to last year's levels. Should this trend persist, we could see a rapid recovery of the markets in line with what we saw last year.
Considering limes’ volatility around this time of year, it is always an interesting commodity to watch as we closely monitor this unfolding situation.
Historic Non-Organic Lime Volumes (Kilograms)
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.
You can keep track of the markets daily through Agronometrics, a data visualization tool built to help the industry make sense of the huge amounts of data that professionals need to access to make informed decisions. If you found the information and the charts from this article useful, feel free to visit us at www.agronometrics.com where you can easily access these same graphs, or explore the other 20 fruits we currently track.