Skip to main content

Agronometrics in Charts: Cherry prices and volumes in the U.S. market


For the majority of this year, average cherry prices were much lower than those recorded in 2020. While last year's prices were high compared to a typical year (and those in 2021 were similar to a normal year), it is worth trying to determine the possible reasons that created this price difference.

As you can see in the graph below, average prices in 2021 were higher than those of 2020 between weeks 19 and 22, but from week 23 the roles were reversed and prices in 2021 began to be lower than those of 2020. It can also be seen that the average prices of cherries in week 28 of 2021 were around US$4.43 per kilogram, a 32 percent decrease year-on-year. Cherries that are currently arriving are from Washington.

Cherry Prices (USD/KG) by History
Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)

Regarding cherry volumes in the North American market, between weeks 18 and 25, the fruit supplies of this year were higher year-on-year, as you can see in the graph below.

Cherry Volumes by History (KG)
Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)

Within this increase in cherry volumes in the U.S. market, the most significant increase, and that may have created a decrease in prices, were the volumes from California, this increase is seen between weeks 21 to 25 (the second half of the season). California cherry supplies were also the highest in the last five years, with a historic peak in week 21 of almost 18.2 million kilograms.

Volumes of Cherries from California by History (KG)
Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)

It is necessary to see since the volume of California has begun to decrease if this will affect prices. It is also necessary to observe what happens with cherry prices in the U.S. market while the Oregon and Washington harvests are in full swing along with the Canadian crop. We must be attentive to the effects of the most recent heat wave that could affect the size and quality of the fruit from these areas. Volumes from Washington and Oregon are already showing much less volume than last year.

Written by: Cristian Crespo F.
Original published in FreshFruitPortal.com on July 20, 2021 (Link)

Comments

Popular posts from this blog

Blueberry boom: Worldwide growth creates challenges for NW producers

Overview of the northwest blueberry season by Doug Krahmer of Berries Northwest, Cort Brazelton of Fall Creek Farm and Nursery, Kasey Cronquist of the U.S. Highbush Blueberry Council and Mark Hurst of Hurst's Berry Farm, complemented by charts from Agronometrics. Original published in www.capitalpress.com  on July 30, 2020 ALBANY, Ore. — On a seasonably warm July afternoon in the fertile Willamette Valley, Doug Krahmer stood between rows of organic blueberries and watched as a large mechanical harvester rolled slowly through the field, rattling bushes heavy with ripe fruit. Measuring a little more than 15 feet tall, 11 feet wide and weighing 7 tons, the harvester seemingly floated in the distance over neat rows while fiberglass rods, or “fingers,” shook the berries onto a conveyor belt that swooped them to the upper deck and into plastic crates. From there, the crates were loaded into refrigerated trucks and driven from the farm north of Albany, Ore., to a packing shed ea

Agronometrics in Charts: Demand for berries skyrockets in 2021

This time for the ‘In Charts’ series we will give an update as to how the average prices of berries have been behaving. Specifically, we will look at the prices of blueberries, raspberries, strawberries, and blackberries in the United States market and compare them with previous seasons. An increase in demand, brought on by the tendency to consume “superfoods” such as berries during the Covid-19 pandemic, seem to have pushed prices up despite the fact that volumes imported by the United States have been similar or higher than those of previous years. Let's look at each particular case: Blueberries Blueberry prices experienced a significant increase from week 3 of 2021, showing the highest prices of the last 5 seasons for the same date. If we observe the following chart, we can see that, for week 7 of 2021, the average price of conventional blueberries was $7.60 per kilo. This is 24 percent higher than in 2020 when the average price was $6.14 per kilo. Volumes for blueberr

Peru's blueberry oversupply takes its toll on export price

Overview of the Peruvian blueberry season, complemented by charts from Agronometrics.   Original published in FreshPlaza.com   on November 25, 2020  This year's Peruvian blueberry season began in June with the export of 1,010 tons worth 5 million dollars. These figures represented a 25% increase in volume and a 77% increase in value over the same month of 2019. The lower production in the northern hemisphere due to weather problems allowed producers to achieve attractive prices of $ 5.15 per kilogram in June. Volume (in Kg) of blueberry from PerĂº in the US market Source: USDA Market News via Agronometrics . (Agronometrics users can view this chart with live updates here ) The good reception of Peruvian blueberries and the increase in prices encouraged exports during July, a month in which the country shipped 4,808 tons (+ 108%) for 26 million dollars (+ 102%). In this month, the increase in the Peruvian supply generated a slight 3% fall in the typical prices of the month,