Apples

Apple updates

Apple prices were mixed in January.

In January, apple prices decreased for Fujis by 5.6%, Galas 2.9% and Red Delicious 2.7%, held flat for Cosmic Crisp and increased for Honeycrisp by 9.3%. While prices were mixed last month, they remain up year over year from very low levels for most major varieties. Tariffs placed on Mexico and Canada, the two largest export markets for Northwest producers, were delayed by a month. If implemented, retaliatory tariffs are potential risk factors as they could lower demand at a time when prices are weak relative to their historical averages. Northwest producers exported a combined 21.1 million boxes to these countries last season, or about 17% of the total 2023 crop.

In January, D'Anjou and Bosc pear prices increased 5.7% and 4.1%, respectively. Stable demand and a short crop continue to support prices, which are up significantly from last season.

Profitability

December 11, 2024

Apple producers: Unprofitable - Bullish 12-month outlook 
Apple packers: Slightly Profitable - Neutral 12-month outlook 

Apple prices have increased from near historic lows. This trend should continue due to good quality fruit, a smaller Honeycrisp crop, strong export markets and lower production levels in other U.S. growing regions.

Apple packers will continue to benefit from high volume throughput with the larger than expected 2024-25 crop.

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