Market Outlook
See the latest Vegetables and Pulses Outlook report.
Scorched but Insured: Extreme Heat Roasts Vegetables and Pulses in 2024
In late July, temperatures reached 10 degrees (or more) above normal in parts of California’s North Coast, the Central Coast, the Sacramento Valley, the San Joaquin Valley, and the Cascade-Sierra Mountains. As of November 2024, USDA’s Risk Management Agency had earmarked over $22 million for crop losses incurred by California’s vegetable and pulse producers during June, July, and August of 2024. This is 27 percent more than the $17.8 million in heat related indemnity payments allocated for the same period in 2023, and 67 percent more than the 5-year average ($13.6 million).
