Apples In Storage Down Year-Over-Year
According to the U.S. apple Association, total apples in storage on May 1st dropped 13% from 2018. According to the survey, this year’s fresh apple holdings last week, totaled 38.6 million bushels, 13% percent less than the inventories reported for May 1 of last year. Processing holdings totaled 15.9 million bushels, a 14% year-over-year decrease.
Not only was the number of apples in storage off from last year’s mark of 62.7 million bushels, it’s 2% below the five-year average.
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