Slight Profits Expected For NW Tree Fruit Industry

In day two of our Northwest Farm Credit Services quarterly commodity snapshot series, we turn our attention to local tree fruit, apples and pears. Bill Perry, Vice President at NWFCS said their 12-month profitability outlook anticipates slight profits for pear growers and packers.

“Although exports continue to slow crop movement, quality is excellent, domestic demand remains strong and reduced pear acres are improving market conditions overall. Fruit size improved total yield this year and strong pricing should mitigate rising input costs.”

Perry continued the expectation is for slightly profitable returns for apple growers and packers.

“A smaller, high-quality crop along with reduced imports bode well for prices; however, reduced exports and rising costs may soften the market and diminish margins.”

Join us Wednesday as Perry turns his attention to Northwest wheat and hay.

If you have a story idea for the PNW Ag Network, call (509) 547-1618, or e-mail gvaagen@cherrycreekmedia.com