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Agronometrics in Charts: Honeycrisp apple prices spike


At the start of the year, we asked whether Honeycrisp apples' reign was over in the U.S. market.

This week, however, we're going to look at how over recent months the variety has been able to maintain a significantly higher average price than others, and in the past few weeks it has shot up even further, fetching a massive US$3.72 per kilo, compared to a market average of US$1.54 per kilo.

Apple prices (USD/KG) in the U.S. market
Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)

In terms of historical prices for Honeycrisp, in the graph below we can see how the variety has generally been fetching lower prices in 2020 compared to 2019. In addition, in both years the start of the season - around August and September - has coincided with a boost in prices. That said, they currently remain below last year's levels.

Historical prices of Honeycrisp apples (USD/KG) in the U.S. market
Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)

There are many factors that may account for the lower prices this year, including the Covid-19 pandemic and the introduction of newer varieties like Cosmic Crisp. thought.

Written by: Cristian Crespo F.
Original published in FreshFruitPortal.com on September 22, 2020 (Link)

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