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Onion prices rise amidst increased export demand
Executive Summary: Despite Hurricane Hilary delaying Idaho’s onion harvest and raising shrink
concerns, overall quality remains good. Warm weather benefited other regions, boosting supply and yields. Strong restaurant demand and Mexican import needs are driving onion prices higher, offering profitability to growers even as production costs remain elevated. Careful shrink management and maintaining strong prices will be key for growers in 2024.
SOURCE: AgWest Farm Credit
