Written by
(AP) — Cranberry farmers have asked the federal government for permission to destroy a quarter of their crop in response to a glut that has kept prices low and growers operating in the red.
The Boston Globe reports that after struggling with an oversupply of the berries for nearly two decades, growers around the country are asking the U.S. Department of Agriculture for authorization to sell 75 percent of the supply and discard the rest.
If the government approves their request, farmers would hold back roughly 100 million pounds of cranberries.
Jack Angley is owner of Flax Pond Farms in Carver. He says overproduction means “we’re not getting much money for our crops.”
The USDA estimates the cost to produce a barrel of cranberries is $35, but the average price last year was $31.50.
Related Posts
-
Cleveland to pay $4.8M to family of teen killed by stolen car during police chase Posted: April 22, 2024 at 1:35 pmCleveland will pay $4.8 million to the family of a
Read more » -
For years, a Michigan company has been the top pick to quickly personalize draftees’ new NFL jerseys Posted: at 1:35 pm
Employees of the company tasked each year with rapidly personalizing
Read more » -
Oprah Winfrey and Dwayne Johnson pledged $10M for Maui wildfire survivors. They gave much more. Posted: at 1:35 pm
Lana Vierra misses the swing set at her Lahaina home,
Read more » -
Federal officials are investigating a Rockies coach’s cockpit visit during a United flight Posted: April 19, 2024 at 3:20 pm
(AP) — Federal transportation officials are investigating an unauthorized inflight
Read more »
Central Valley Biz Blogs
-
BLOG: Happy birthday to Marketplace at El Paseo
Posted: April 12, 2024 at 1:23 pm
Ten years ago this week, Fresno’s fastest-growing shopping center got
Read more » -
BLOG: Fresno EDC’s April 18 real estate forecast a can’t-miss event
Posted: April 10, 2024 at 11:27 am
The Fresno County Economic Development Corporation (EDC) invites you to
Read more »
