Lender Predicts Profits in Onions

Red-onion

The producers of most commodities should enjoy “slightly profitable results,” according to Northwest Farm Credit Services’ quarterly Market Snapshot publication.

“Onion grower returns are projected to be profitable. Early fall onion sales met strong demand, creating favorable early season prices. Questions surrounding onion yields and quality contribute to the higher prices, which are likely to remain throughout the marketing season,” the report states.