Market Update for Stone Fruit

Week of July 13 – July 19

Washington cherry production peaked well before the 4th of July holiday, and we are heading toward a quick finish to the Northwest cherry season. Some shippers will keep packing for the next two weeks, but many will be finished by the end of this week. Pricing is firming, with marketers coming out this week at $46.95 FOB and higher for 10.5 row. 9.5 row and larger are being quoted at over $50.00 FOB. British Columbia is falling in line with the rest of the industry, getting started sooner than we typically see. Early pricing on Canadian fruit looks significantly higher than Washington, but retailers looking to stay in cherries through August should be prepared to pay over $70.00 FOB Canada by the middle of the month. Once retailers take store level pricing over $5.99 per lb. movement will slow considerably.

 

 

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