Perry: Profits Expected For Wine, Nursery Sectors

As we conclude our six part Northwest Farm Credit Services quarterly commodity snapshot series, we wrap up with the wine and nursery industries. Bill Perry, Vice President at NWFC said their 12 month outlook calls for slight profits for both vineyards and wineries. “Current relatively low grape supplies are increasing pricing, but the industry remains […]

NWFCS: Demand Strong For NW Fisheries, Forest Products

As our Northwest Farm Credit Services quarterly commodity snapshot series continues, we take a look at local forest products and fisheries. “Very strong profits suggested for forest products manufacturers, and solid profits expected for timberland owners,” Bill Perry is Vice President at NWFCS. “Despite recent drops in lumber pricing, prices remain in very profitable, record […]

Perry: Drought Conditions Will Have A Big Impact On NW Wheat, Hay

As we continue with our Northwest Farm Credit Services quarterly commodity snapshot series, we turn our attention to wheat and hay. Credit Union Vice President Bill Perry said breakeven returns are anticipated for wheat producers. “Drought stunted winter wheat crops while extinguishing spring wheat. While some areas will have average winter wheat crops, other spring […]

NWFCS: Drought, Feed Costs Expected To Be Biggest Issues Facing Dairy, Beef Operations

We wrap up the first half of our Northwest Farm Credit Services quarterly commodity snapshot series, we do so taking a look at livestock. Bill Perry, Vice President at NWFCS said thanks to the drought, the cattle industry is expected to see unprofitable returns. “Drought will force producers to carefully evaluate retention of breeding stock […]

NWFCS: 2021 Looks Good For NW Row Crops

As we continue our Northwest Farm Credit Services quarterly commodity snapshot series, we look at local row crops. Bill Perry, Vice President at NWFCS said their 12 month outlook suggests slightly profitable returns for contract potato producers. “Favorable demand driven by the return of restaurant demand will provide tailwinds to producers and processors alike.” When […]

Perry: Slight Profits Expected For Apple, Pear Growers

As we kick off our six part Northwest Farm Credit Services’ quarterly commodity snapshot series, we start with area tree fruit. Bill Perry, Vice President at NWFCS, said their 12 month outlook calls for a slight profit in the apple industry. “Although low packouts have been the reality throughout the season, higher quality fruit coming […]

NWFC Opportunities Exists For NW Row Crop Growers

As we wrap up our Northwest Farm Credit Services’ Commodity Snapshot Series, we look today at area row crops, onions and potatoes. Bill Perry NWFCS Vice President said their 12 month profitability outlook suggests breakeven onion returns. “Damage to the Texas onion crop during the February cold snap will shrink national onion supplies.  The northwest […]

Perry: Nursery Greenhouse Industry Expected To Remain Hot In 2021

As our Northwest Farm Credit Services Quarterly Commodity Snapshot series continues, we turn our attention to the nursery and greenhouse industry as well as fisheries. Bill Perry, Vice President at NWFCS, said their 12 month outlook anticipates strong profits for the nursery and greenhouse industry. “The industry continues to benefit from the pandemic’s effects on […]

Perry: Many Questions Remain For Pear Growers, Wine Industry

Today’s Northwest Farm Credit Services Quarterly Commodity Snapshot Series turns to pears as well as the wine industry. Bill Perry, Vice President at NWFCS, said their 12 month profitability index sees pear growers breaking even. “Although pears are receiving more favorable pricing due to more manageable supplies and good quality fruit, growers yields were down.  […]

Perry: Opportunities Exist For Apple, Cherry Growers In 2021

As our seven part series on Northwest Farm Credit Services’ Quarterly Commodity Snapshot Series continues, today we’ve reached the halfway point with apples and cherries. When it comes to apples, Bill Perry, Northwest Farm Credit Services Vice President said their 12 month outlook anticipates growers will break even. “Although prices are elevated for the current […]