Agronometrics in Charts: Pear prices increase by up to 8%
By
| 18 August 2022
In this installment of the ‘Agronometrics In Shorts’ series, Sarah Ilyas studies the latest incidence of the increase in pear pricing in the US Market. Each week the series tracks a latest development focusing on a specific commodity and the market factors that are driving change.
According to the USDA Crop report published on August 12, U.S. pear total production for 2022 is forecast at 690,000 tons, down 2% from last year. The average daily pricing for pears in the US has risen by 8.09% marking a $0.18 increase on the last report, from $2.23 to $2.41. Pricing for the Barlett variety was at $1.82 per kg, that for Bosc was at $2.57 per kg, while the price for Stark Crimson was at $3.06 per kg.
Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)
Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)
In California, a high-quality crop is expected this time around. Growing conditions have been ideal and the 2022 crop is back to its normal timing after the late harvest in recent years. In Washington the pear crop experienced snow in mid-April and cold, wet weather in May, however, growers expect those conditions had minimal impact on this season’s crop yields, according to the report. In Oregon, the pear crop weathered the cold snap in April and the rainy weather throughout the spring.
Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)
In our ‘In Charts’ series, we work to tell some of the stories that are moving the industry. Feel free to take a look at the other articles by clicking here.
All pricing for domestic US produce represents the spot market at Shipping Point (i.e. packing house/climate controlled warehouse, etc.). For imported fruit, the pricing data represents the spot market at Port of Entry.
You can keep track of the markets daily through Agronometrics, a data visualization tool built to help the industry make sense of the huge amounts of data that professionals need to access to make informed decisions.If you found the information and the charts from this article useful, feel free to visit us at www.agronometrics.com where you can easily access these same graphs, or explore the other 21 commodities we currently track.
Written by: Sarah Ilyas
