Lender Predicts Profitable Returns

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Northwest Farm Credit Services foresees profitable returns to Pacific Northwest onion producers in the next 12 months. The lender bases its prediction on several driving factors in the industry. For starters, demand was strong during the first quarter of 2019 with prices improving since the first of the year. In addition, onions have stored well with good overall quality. Finally, late-winter storms produced above-average snowpack for most of the Pacific Northwest, which will provide adequate water for the 2019 growing season. However, the abundance of wet weather did delay early planting.