01/12/2024
Market update
Fruit
In fruit, most things are about the same as last week, which – on this occasion – is absolutely PERFECT: stone fruit galore – now also with 5kg boxes of Apricots – in addition to the cherries, nectarines, peaches and mangoes.
Strawberries, bananas, lychees (slowly) and passionfruit are easing, watermelon is still cheap, Valencias are beautiful (they nearly made it into the video, until there was a sudden and unexpected outbreak of sanity. Not that they weren’t worth the space, but the season is still young – stone fruit feels more NOW). And by-the-way, if you can’t get through the boxes of apricots, peaches or nectarines, you can always dehydrate in a warm oven (60-65 C) fan-forced oven for 2-3 hours or until they are ‘leathery’.
Whilst lemons are creeping up, limes are coming down in price: time for a Mojito??
Vegetables
In vegetables, the big news is in Truss Tomatoes: an estimated 60,000 trays will be arriving at the Sydney markets over the coming days (around 6000 of those will be from K-Fresh Farms – via our supplier Kazzi). The going rate for the 5kg trays is somewhere around the $3-4 level – less than 80c per kg. Some independent retailers - to their credit – are selling them virtually at cost. Others – mainly supermarkets – seem to be selling truss tomatoes at between $4 and $7 a kilo, which implies hefty mark-ups in the region of 400% - 700%. If correct (and supermarkets won’t be telling us what they’re paying the grower – commercial in confidence and all that), then:
1. They are quite likely profiting from the growers’ misery, and
2. Hardly contributing to stimulating demand, even though with a dominant market share, they would be better placed to help out growers than anyone else.
Our solution: we are paying the grower at his break-even point of $8 a tray – double to market price – and selling them to our members for $10 a tray. Low enough to stimulate demand, but at least the grower doesn’t lose a bundle.
In other vegetable news, local corn from Manuel Xerri has started: pretty clean cobs for $1.30 each. Grech & Borg are supplying spring onions. They’re not shallots, they’re not eschalots – they have a green stem and a medium sized white onion underneath. Although they are similar to shallots, they have a small white immature bulb at the end of the stem. They’re perfect for braising or slicing, or adding to soup, stir-fries and salads. They are $2.60 a bunch.
We’re also changing from Imported garlic to local garlic: this has been around for a few weeks but initially at unreasonable prices. This week however, they’re down to under $24 a kilo. They are sourced from Tooley Garlic in Nyah, Vic on the Murray River, 20 mins north of Swan Hill.
Most vegetables remain good value, especially capsicums, cucumbers, eggplant, lettuce, cabbages (green cabbages from Kazzi at $2.77), leafy greens, beetroot, tomatoes and herbs.
Broccoli, pumpkin and cauliflower remain a little elevated, and potatoes are still problematic.