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Cherries

starbust image Cherries

Cherries

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Executive summary

Industry information for Cherries in the Pacific Northwest. Updated 3/31/2024
AgWest Farm Credit’s 12-month outlook sees Northwest cherry growers as slightly profitable for the 2024 crop.
12-MONTH PROFITABILITY OUTLOOK
12-Month Profitability Outlook
INDUSTRY DRIVERS
  • Damage from January freeze events
  • Uncertain consumer demand
  • Rising imports from Chile
  • Reduced risk of overlapping retail shipments from California, Washington and Oregon
  • Disaster declarations in Washington and Oregon may support growers negatively impacted by weather events for the 2023 crop

Profitability

Northwest cherry growers will likely see slightly profitable conditions in 2024. Cold weather damaged orchards in northern Washington and British Columbia, which could support prices. The industry is generally optimistic for the 2024 crop, given limited overlap with California and good growing conditions; however, high inflation remains a challenge and could reduce consumer demand. Rising imports from Chile may acclimate consumers to consuming cherries on a year-round basis. Disaster declarations in Washington and Oregon may help growers who were negatively impacted by weather events on the 2023 crop.



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News

Spokane, WA | April 4, 2024

A complex landscape for Northwest agriculture

posted by AgWest Farm Credit

AgWest Farm Credit has released its quarterly Market Snapshot reports covering the state of major agricultural commodities in its northern region of Idaho, Montana, Oregon, Washington and Alaska.

Spokane, WA | October 4, 2023

Outlook mixed for ag industries in the Northwest

posted by AgWest Farm Credit

AgWest Farm Credit has released its quarterly Market Snapshot reports covering the state of major agricultural commodities in its northern region of Idaho, Montana, Oregon, Washington and Alaska.
Market Snapshots

March 26, 2024

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Industry Perspective

January 19, 2023

Cherries close up

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