NWFCS: Profitable Returns Expected For Tree Fruit Growers

As we hit the halfway mark of our Northwest Farm Credit Services quarterly commodity snap-shot series, we look at the local tree fruit industry. Bill Perry, Vice President at Northwest Farm Credit Services said their outlook expects profitable returns for apple growers and slightly profitable returns for apple packers for the 2021-22 crop.

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

When it comes to the outlook for the pear industry, Perry expects a similar situation, with profits for growers and slight profits for packers.

“Fruit quality is good overall and demand from both domestic and export markets is strong. Fruit size improved total yield this year and favorable pricing should mitigate rising input costs.”

Join us Thursday as we take a look at the Northwest wine and cherry industries.

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