August 2, 2022

Ag Economy

Fruit Industry Snapshot

Apples

  • Storage reports indicate that old crop movement has been steady with most of last year’s harvest shipped at this point. 
  • While still too early to estimate this year’s crop, spring weather was generally favorable across most of the Northeast region, although there have been some reports of cold weather and hail. 

Wine/Craft Beverage

  • Wineries in the Finger Lakes region of NY have reported continued strong sales in the first half of the year. 
  • The craft beverage sector has seen remarkable growth across the Northeast, with particular success in NY and VT. While some in the industry worry that additional vendors may divide the pool of interested consumers, growth of this sector continues. 
 

Meet the Authors

Connect with and discover our Today’s Harvest blog authors and their broad range of financial and Northeast agricultural expertise.