Onion market drops a bit but remains hot
Onion market drops a bit but remains hot
The Federal-State Market News Service reported in mid-April that 50-pound sacks of yellow onions had an f.o.b. price near $30, while a limited supply of white onions was still topping $50 per 50-pound sack. These prices are not much different than they were six weeks ago and even before that.
While the dollar figures themselves are remarkable, what makes this such a compelling story is that the market has remained at this unusually high level for such a long period of time.
While the dollar figures themselves are remarkable, what makes this such a compelling story is that the market has remained at this unusually high level for such a long period of time.