Oregon agriculture sales in 2009 plummet 14.8%, the biggest drop on OSU record.
Oregon agriculture sales were down 14.8% in 2009 from the previous year, the biggest drop since the Oregon State University Extension Service began keeping records in 1976.
OSU economist Larry Burt called the situation both “unprecedented” and a “disaster.” Small fruits and berries suffered the most, with a sales drop of 41.4%.
“I’ve never seen anything like it,” [Burt] said. “The number of industries that are down is way beyond what we would expect.”…
Bill Snyder, general manager of Coquille Cranberries, saw it firsthand. “Going into harvest time in October 2008, the price for cranberry concentrate was $130 a gallon,” he said. “A year later, it was less than $30. Now, it’s more like $20.”
Read the full story at The Register-Guard.
{biztweet}Oregon agriculture recession{/biztweet}
