Perry Expects Profits For Apples, Break-even For Pears

As we continue our quarterly commodity snapshot series, we move to the tree fruit industry. Northwest Farm Credit Services’ Bill Perry said when looking at the ear industry, their 12-month profitability index indicates break-even numbers.

“A smaller crop is helping move the pears. However, pack outs are low this year and growers with poor quality are experiencing negative margins. Growers need high pack outs and good yields to capture profits this season.”

When it comes to apples, Perry said the 12-month outlook calls for slight profits for growers.

“A large crop has suppressed prices while lower quality fruit is further reducing growers’ returns. Improving export markets are positive for the industry but domestic demand is sluggish. Growers need good varieties, quality and yields to be profitable in this environment.”

Join us Wednesday as Perry runs down Northwest Farm Credit Services’ expectations for the row crops.

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