As we continue our weeklong series looking at Northwest Farm Credit Services quarterly commodity snapshots, today we turn our attention to area tree fruit. Bill Perry, Vice President at NWFCS said their 12-month outlook calls for apple growers to enjoy profitable margins.
“A smaller crop and solid demand should increase prices. However, several quality issues have challenged growers this season. Quality will be a key driver of individual growers’ profits.”
When it comes to pears, Perry says the 12-month profitability index forecasts slightly profitable returns.
“Although demand has been lackluster the last few years, increased pricing indicates demand may be finding some higher ground” Perry continued. “Good quality will also increase growers’ returns.”
Join us Thursday, as we turn our attention to onions and potatoes.
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