Maglio Markets In A Minute: Episode #14

Transcript:

Maglio Markets In A Minute fam what is all the way up? Or as my sister’s English boyfriend, shouted out at Peter Roberts, would say “how are you?” Nice to see you today, welcome to episode 15, what 1,5,1,5,5,1, I’m sure you got it. Welcome back, episode 15, so last week’s episode of the monkey tail, pretty big hit, thanks for tuning in, to all 60 of you who actually watched it, because it’s pretty quiet out there. So if you tuned in, we appreciate it, but this week is also a pretty quiet week, so down here in South Texas just more of a casual, you know, water-cooler kind of conversation, consider this my fireside, and I am Teddy Roosevelt coming at you with a produce chat. it’s because there’s not a whole lot going on, but we’re gonna make produce come alive because me and my pic, you know her as May Manske and you know me as Dr. Seuss apparently. We’re working on some things for 2021, pretty exciting, so stay tuned because by then we’re talking like episode 18, that’s nuts, so today’s episode we’re going to talk markets then we have a special Instagram shout out to talk about the cosmic crisp apple, so if you want to go to the cosmic crisp apple segment, you want to jump forward, go to this time frame that May put on the camera, on the screen, right there, go fast forward there and you’ll see the cosmic crisp apple update, but we’re gonna jump right into markets. Post-Thanksgiving, pre-Christmas, what’s going on? That’s for us to tell you, there’s realistically not a whole lot, however, we’re going to fill you in on what’s going on. So water coolers here, I’m here, you’re there, appreciate you, let’s jump right into it, ready, set, let’s roll. Markets, let’s start in California, what’s going on there? Lettuce is finally coming down, we’re seeing a lack of demand across the country which is causing the supply to be very available, so Yuma has tremendous growing regions right now, great conditions, right there’s just one region, and the conditions are very good for lettuce, so romaine, iceberg, green leaf, red leaf, hydro, but with everything coming down, pretty relatively priced and affordable for this season. Otherwise, in California there’s not a whole lot going on besides, you guessed it, artichokes. Through the roof, get them now before they’re gone, otherwise, also chestnuts, California get those before they’re gone. This the season, we’re talking about 25-pound bags for about $80 FOB, so get them before they’re gone. It’s a nice seasonal treat, 30 seconds in the microwave, you’re good to go. Besides that, down here in South Texas, limes are relatively flat, cucumbers are completely flat, peppers are completely flat, same over in Florida and Georgia. Tomatoes coming out of here, there’s just a little bit, Florida has some, but the lack of demand is causing a wild market, so big stuff, hard to find small stuff, all over the place, but at these prices, I doubt it. Otherwise, we’re talking berries, relatively cheap right now, asparagus cheap right now, offshore melons very cheap, Brix is very good and besides that, what else is going on? Oranges, very cheap, very available, juice oranges down, here in South Texas, lemons down here are not as available which is causing a little bit more demand out in California, but otherwise, everything else relatively cheap. Broccoli, cauliflower, celery, everything coming down, squashes, colored peppers, kind of a lull in the market, because of that, you’re seeing a lot of supply right now, not a lot of demand, expect markets to keep falling as we go in towards the end of the month, boom! That was probably my calmest finish to date, so thank you for putting up with that. So that was a market update, and now, per their timestamp earlier, I hope that worked. Again, I make these videos, it’s 11:30 on Tuesday night, I send it to May Manske, she does all of this and typically it goes well, like Dr. Evil and Austin Powers, I just close the door and pretend it all goes to plan, so thanks May. So now, cosmic crisp apples, got a question on Instagram from Joey Lunsford saying “what’s going on with this cosmic crisp apple? They’re like four dollars a pound in the grocery store, is it worth the height if you’re an Apple fan?” I mean realistically it’s a good apple, right so the exciting part about the cosmic crisp apple is that it’s a non-browning variety and so because of that, there’s been a lot of marketing put behind it and so realistically this is the second season of the cosmic crisp being available but the marketing efforts have, I think it’s been around since like 97, the seed variety, but the marketing efforts they put behind it a year ago just completely catapulted the popularity of this apple. A lot of European markets, as a result, jumped on it so is it worth the hype, it’s a good apple, it’s not a completely dark red, red delicious type it’s more of that macintosh with a little bit of yellow base to it and that red covering. You know that’s a good description, but I would also consult google for a great picture, but overall I mean they’re relatively priced like a dollar twenty-five, dollar fifty per pound, so are you gonna pay four dollars a pound at the grocery store? Probably. My recommendation, get a macintosh and treat yourself because it’s just compared to the Honeycrisp, which is normally the highest-priced apple per pound. This cosmic crisp is hanging in there at number two, especially this year’s apple crop being down about 15, you’re seeing those prices push up. So if I were you, I would spend the money on a macintosh, even a granny smith, honey crisp, yeah it’s good, I think honey crisps are appropriately rated, the cosmic crisp is way overrated, macintosh, hideously underrated, granny smith also underrated, if you want to argue about that, again our number here 414-906-8800, ask for Uncle PJ, we’ll talk apples. So that’s the cosmic crisp, try it out let us know, we’re always here, we’re always listening, so yeah and thank you for the question Joey Lonesburg. So that’s this week’s episode, I don’t have much else to say, thank you for tuning in, as we do appreciate it, hopefully, someone is enjoying this, it is like we said if one person enjoys it or even gets value from it, we’re gonna keep doing it, because the content, I mean it’s gold. So you’re going to keep tuning in, but thank you for that, have a fantastic rest of your week, if you need anything from us, the Maglio Companies, me, Paul James Maglio, anything, you hit us up, you know 414-906-8800, PJM@maglioproduce.com or slid in the DMs. So that’s it for this week, thank you very much, have a fantastic weekend, we’re going to, next week we’re going to keep building up for Christmas. We should do something for Christmas like a Maglio Market In A Minute Christmas edition, something fun, that’s just me talking to myself here in the office at night, but it’s officially on my radar, so get ready for that, thanks again, it’s been a real treat, as always, we’ll catch you later.