As we move in to the back half of our Northwest Farm Credit Services quarterly Market snapshot series, we turn our attention to apples and pears. Bill Perry, Vice President at NWFCS, said they expect to see slightly profitable margins for local apple growers.
“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.”
Perry added they expect similar results for Northwest pear growers, with the 12-month profitability index forecasting slightly profitable returns.
“Although demand has been lackluster the last few years, increased pricing indicates demand may be finding some higher ground. Good quality will also increase growers’ returns.”
Join us Friday as wheat and forestry products take center stage.
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