As we continue to look at Northwest Farm Credit Services’ quarterly reports for Northwest commodities, we turn our attention to pears and wine. Karen Witt, NWFCS Vice president said pear growers’ returns were subdued for the 2017-18 crop due to the lowest production on record.
She noted there is optimism around a larger 2018-19 crop, currently projected at 18.9 million boxes. That she said make slight profits a possibility for the local pear industry.
“While prices are more favorable than last year, shipments are slower this year due to lackluster consumer demand, however, growers with large size fruit and good yield should see descent returns.”
Witt noted, significant fire blight issues could reduce the current production estimate as trees are taken out of production.
As far as the wine industry is concerned.
“Direct to consumer wine sales remain strong and continue to grow, but that growth is expected to plateau,” Witt said. “Also as new boutique wineries open for business the marketplace is becoming more and more crowded.”
Witt added mild winter weather and a favorable transition into spring set vineyards up for a promising growing season.
Join us Wednesday as we wrap up our quarterly check with the row crops, potatoes and onions.
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