New crop apples start with prices expected to drop
From
| 14 September 2023
Overview of apples in the U.S. market, complemented by charts from Agronometrics. Original published on September 14, 2023.
The Washington State Tree Fruit Association (WSTFA) predicts the 2023-2024 apple crop will be up as much as 28%, compared to the 2022-2023 season.
Washington
– The WSTFA projects approximately 134 million cases (40-pound packs) will be shipped during the 2023-2024 season, up from nearly 104 million cases in 2022-2023
– The ample supply expectation for 2023-2024 follows last year’s short season, that was hindered by cold, rainy, and snowy weather during the growing process
– Suppliers saw yearly averages of approximately 120 million cases prior to last year’s short crop
– Expect level or below-average markets depending on variety
Michigan
– Growers saw a record-setting crop in 2022-2023, at nearly 32.4 million bushels (40-pound packs) harvested; ideal weather conditions in spring and summer 2022 bolstered the crop
– Currently, Michigan apple growers aren’t expecting another record year, but are expecting close to 90% of last year’s crop total
– Average seasonal yields prior to last season’s record crop were at 24 million bushels
– Markets will ease once the new crop season is in full swing in September
Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)
The News in Charts is a collection of stories from the industry complemented by charts from Agronometrics to help better tell their story.
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