1. The three major U.S. peach-producing states experienced a significant fall in production which cumulatively reduced our 2022 production by 15%. Since it is difficult to predict whether the weather and water shortage that contributed to the decrease in production will persist, chances are that the situation may improve in 2023, but not by much. 2. The significantly high price received by peach and orange producers was instrumental in maintaining a strong consumer price index in 2022. The producer price index is expected to stay strong in 2023. 3. In 2023, blueberry imports from Chile, Peru, and Mexico will continue to increase—domestic harvests only get into the market beginning mid-March, and total production is not enough to satisfy high domestic demand. 4. Georgia pecans will continue to dominate the tree-nut industry in the 2023 crop year and prices are expected to improve, especially if China increases it imports of U.S. pecans.
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Status and Revision History
- Published on August 28, 2023
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