Tuesday, December 16, 2008

Vegetables and Melon Outlook - USDA ERS

From the USDA ERS Vegetables and Melon Outlook report issued today, an excerpt:

The outlook for fresh vegetables this winter indicates reduced acreage and supplies. At the same time, demand is expected to be soft as consumers remain conservative with regard to away from home eating and premium products such as hothouse and organic vegetables. Although the winter price outlook is uncertain (given average weather), it favors steady to slightly higher prices compared with the relatively modest levels experienced a year earlier. As a result, growers and shippers may face a cost-price squeeze, with input prices this winter still relatively high, especially for fertilizer, chemicals, land rent, and seed.

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