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Base Price For
Apples Recommended
CHICAGO, ILLINOIS, August 21.The American Agricultural Marketing Association, an affiliate of the American Farm Bureau Federation, has recommended a base price of $4.50 per hundredweight for 2 1/2 inch and up U. S. #1 canner grade sauce variety processing apples. The price was recommended®Gponadvice from the A AMA apple advisory committee. The $4.50 figure compares with the 1966 price of $3.25. Proccessing apple growers in Michigan, Ohio, Pennsylvania, New York, Maryland, Virginia, West Virginia and North Carolina are members of Farm Bureau marketing associatons In those states and are coordinating their marketing activities through AAMA. According to Harold J. Hartley, manager, fruit and vegetable division, AAMA, the major factors affecting processing apple prices this year include: The supply, including product carryover and raw fruit, j is down and demand for apples and apple products is up. The U. S. Department of Agriculture August 1 esti! mate of the 1967 apple crop indicates 4 percent fewer apples than the 5-year average and 1 percent less than last year’s short crop. The combined eastern an< central crops, according to the Department’s August report, is estimated at 79.6 million bushels as compared with 74.6 million last year. However, preferred processing varieties are in short supply.
Other deciduous fruits are also in short supply and field prices for processing fruit are substantially above last year. Most processor FOB prices on processed fruits have risen 110 to 20 percent in recent months on the basis of an anticipated short 1967 pack and strong consumer demand.
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