NWFCS: Several Factors Impacting Tree Fruit Prices

As we continue our look at Northwest Farm Credit Services outlook for 2018, we move over to tree fruit.  Karen Witt, Northwest Farm Credit Services Vice President said the Northwest’s 2017-2018 apple crops is the second largest on record, however, shipments to consumers are slower than average.

"This is because of the large crop, small sized fruit and a later harvest than normal.  These slow shipments are pushing prices down.  Also, new trucking regulations are driving up shipping costs.”

Despite these challenges, Witt says they see slight profits for the apple industry in the coming months.  On the other end of the spectrum is the pear crop, which Witt said is roughly 14% smaller than the 10 year average and the low production will hurt bottom lines.

“Although prices are more favorable than last year, shipments are slower this year due to lackluster consumer demand.  However, growers with large sized fruit and good yields should see descent returns.”

Join us Wednesday as we take a look at area row crops.

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