Lender Predicts Slightly Profitable Returns

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AgWest Farm Credit has released its quarterly Market Snapshot report covering the state of major agricultural commodities in its northern region of Idaho, Montana, Oregon, Washington and Alaska.

AgWest’s profitability outlook for onions suggests slightly profitable returns. Wet conditions slowed early onion development in the Northwest, but summer heat is expected to help onions bulk up. According to the report, strong demand and prices for onions were offset by increased production costs.