Ag Alert June 19, 2024

Growers, retailers to gather at Organic Produce Summit

Agricultural Market Review

Quotations are the latest available for the week ending June 14, 2024

The eighth annual Organic Produce Summit, focusing on the future of organic

Product Portfolio Naomi Sakoda will take part in a panel on increasing sustainable packaging and reducing plastics in pro- duce departments. Another session focuses on how retail- ers can best navigate the maze of labels such as organic, pesticide-free, locally grown and sustainable. The discussion includes: Misionero CEO Joe Merenda; Equifruit Director of Sales and Marketing Kim Chackal; Independent Grocers Alliance Vice President Michael La Kier; and Ten Acre Marketing Senior Vice President Mary Heslep. Other discussion topics include expand- ing organic fruit sales, product branding for organic snacks and regional retail ef- forts to expand organic sales. Participants include: Sprouts Farmers Market National Fruit Produce Director Daniel Spivey; Stemilt Growers CEO West Mathison; Homegrown Organic Farms CEO Scott Mabs; Grimmway Farms Vice President of Marketing David Bright; Northeast Grocery Vice President of Produce Jeff Cady; Nourish + Bloom Market found- er Jilea Hemmings; Raley’s Senior Director of Fresh Faith Garrard and Category Partners CEO Tom Barnes. To register for the Organic Produce Summit, visit organicproducesummit. com/registration/.

Year Ago Week Ago Latest Week

Livestock

agriculture, is com- ing to the Monterey Conference Center July 10-11.

Slaughter Steers – 5-Area Average Select & Choice, 1130-1500 lbs., $/cwt. Hogs – Average hog, 51-52% lean, Iowa-Minn. market, $/cwt. Slaughter Lambs – $ per cwt. 133–173 lbs. National weekly live sales Field crops – basis prompt shipment Cotton – ¢ per lb., Middling 1 3/32” Fresno spot market Corn – U.S. No. 2 yellow $/bu. trucked Alfalfa Hay – $ per ton, quality * , FOB Region 1, Northern Inter-mountain

182

185

184-187

The summit, organized by the Organic Produce Network, drew more than 1,200 attendees last year. The first day of this year’s conference features tours by retailers of organic farms in Monterey County. While opportunities for growers and re- tailers to interact form the core of the con- ference, there are also educational sessions. Featured sessions this year include a discussion on local solutions for the $400 billion global challenge of food waste, in- cluding the loss of foods grown by farm- ers that fail to reach stores or consumers. The panel will be led by Nicholas Bertram, president and CEO of Flashfood, which is collaborating with retailers and grocers to find solutions to the problem. Sherry Frey, vice president for total well- ness at the information services company Nielsen IQ, will lead a discussion of how changing demographics affect what con- sumers expect from organic produce. Taylor Farms Vice President of Organics Bruce Taylor, Nude Foods Market CEO Rachel Irons and Driscoll’s Director of New

85.24

89.92

89.25

140-181

175-230

165-225

77.92

73.62

73.11

8.34

6.41

6.51

No quote

210 (G)

100 (P)

Region 2, Sacramento Valley

300 (P)

12 (P, per bale) 12 (P, per bale)

Region 3, Northern San Joaquin Valley

305 (G)

253 (S)

240 (P/S)

Region 4, Central San Joaquin Valley

No quote

No quote

No quote

Region 5, Southern California

24 (P, per bale)

210 (P)

15 (P, per bale)

Region 6, Southeast Interior

280 (P)

220 (P)

205 (P/S)

Rice – Milled #1 Head, FOB No. Calif. mills Medium grain, $ per cwt.

70-72

30-32

30-32

Provided by the California Farm Bureau as a service to Farm Bureau members. Information supplied by the U.S. Department of Agriculture’s Market News Branch.

*ADF=Acid detergent fiber; (S) = Supreme/<27%ADF; (P) = Premium/27-29; (G) = Good/29-32; (F) = Fair/32-35.

June 19, 2024 Ag Alert 13

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