May 9, 2016May 1 apple holdings down from last year
According to the U.S. Apple Association, U.S. fresh apple holdings on May 1 totaled 33.4 million bushels, 26 percent below the record inventories of 44.9 million bushels on May 1, 2015, and 6 percent below the five-year average of 35.4 million bushels.
Processing holdings totaled 14.3 million bushels, 22 percent below last year and roughly equal to the five-year average for that date.
The total number of apples in storage on May 1 was 47.7 million bushels, 25 percent below last May’s record total of 85.4 million bushels, according to USApple.