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Ag TRENDS Articles
March 29, 2024
posted by Dr. Dave Kohl
In 2024 and beyond the quarter-century mark, managing trends and disruptions will be a high priority when conducting strategic planning for ag operations.
January 24, 2024
Agricultural Economics and Finance: Views from the Rearview Mirror and Windshield
posted by Dr. David M. Kohl
People often say that time seems to accelerate as one ages. Of course, I can defend that comment because I am that age and demographic. The year 2023 has quickly gone by and movement towards the quarter-century mark is upon us.
October 04, 2023
Global & Domestic Economic Snapshot: Think Globally, Act Locally
posted by Dr. David M. Kohl
The phrase think globally, act locally has never been more appropriate in managing business, household and personal financial decisions.
Pears
- Softening prices
- Declining export growth
Profitability
Pear producers will likely see break-even to slightly profitable conditions over the next 12 months. Prices have softened; however, they remain high enough for many producers to achieve profitability. Export growth is slowing due to higher shipping costs and this may further soften prices.
Industry drivers
Prices soften
Average pear prices fell moderately for Bosc and D’Anjou varieties in the first quarter, largely due to the oversupplied apple market and to a lesser extent, mixed fruit quality. Pear prices often follow apple prices and Bosc pears didn’t sufficiently russet or develop rough, reddish-brown skin. Producers who sold early in the season benefited from higher prices and will fare better than their counterparts. With that said, average sentiment among producers is moderately favorable.
Season-to-date prices by variety
Source: WSTFA March 13, Weekly Summary Bulletin Report. N/A: Not Available. YOY: Year-over-year.
Export growth slows
Pear export growth is declining due to rising shipping costs and season-to-date levels are flat year over year. Low water levels on the Panama Canal, escalating conflict on the Red Sea and rising energy prices are impacting global shipping costs. Lower international demand could further soften prices. See our Crop Inputs Snapshot for more information.
