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IRMA Update #3

IRMA Update #3

Today we find the market hot as ever due to strong demand for wedding flowers and the lack of adequate lift from South America.

Miami Importers are earning their status in the floral chain as they have the best chance of getting flowers on the few flights that are flying.

Freight rates are higher (near holiday pricing) and direct buyers need to factor in lots of extra cost. Good time to have standing orders.

My guess is that the market will stay strong as industry struggles to catch up to a week long delay.

It appears that the domestic airlines are doing ok moving flowers.

I would watch Medellin as the rates from there are expected to be raised.

Florida is still not back to normal and will not be for a few more weeks. This storm made a big mess.

Williee Armellini
Editor: Flowersandcents.com

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