Trade4go Summary
The USDA's latest report forecasts a significant downturn for the U.S. pear industry in the 2024/25 season, with production dropping by 20% to 470,000 metric tons, the lowest yield since 1967/68. This decline is primarily due to adverse weather conditions in Washington, Oregon, and California, the top pear-producing states. The total export volume is projected to drop to 85,000 tons, its lowest level since 1988/89, and domestic consumption is expected to hit a 40-year low. These challenges are compounded by a decade-long trend of declining acreage and changing market dynamics, presenting the industry with numerous hurdles to overcome.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
According to the USDA's latest Fresh Apples, Grapes, and Pears: World Markets and Trade Report, the U.S. pear industry is set to face a historic decline in the 2024/25 season, with production and exports projected to hit their lowest levels in decades. Total pear production is expected to fall 20% to 470,000 metric tons, the lowest crop since the 1967/68 season. Adverse weather has taken its toll on the top three producing states: Washington, Oregon, and California. Washington, historically the largest pear producing state, is projected to see a staggering 30% drop in production, which will be lower than Oregon's for the first time. Frost in January and unusually cold spring weather severely damaged trees and blossoms, exacerbating a decade-long trend of declining acreage. Oregon and California also saw double-digit declines (15 and 17 percent, respectively), further reducing supply. Prices rose 17.5 percent in week 50 compared with the same period last season. Due to crop ...