[1] IceCap.us
Feb. 12, 2011

[U.S.] Cold December And January – Especially East And South
By Joseph D’Aleo, CCM, AMS Fellow

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Digital Journal
Feb. 11, 2011

Mexico loses 80-100% of crops to freeze, US prices to skyrocket

By Lynn Herrmann.

Houston - The cold weather experienced across much of the US in early February made its way deep into Mexico and early reports estimate 80-100 percent crop losses which are having an immediate impact on prices at US grocery stores with more volatility to come….

At this time of year, Mexico is a major supplier to the US and Canada for green beans, cucumbers, squash, eggplant, asparagus, peppers and round and Roma tomatoes. Compounding the problem is the freezing cold that hit Florida in December and January.

Sysco continued with its dire report:

    “Florida normally is a major supplier for these items as well but they have already been struck with severe freeze damage in December and January and up until now have had to purchase product out of Mexico to fill their commitments, that is no longer an option.”….

([3] Full Story)