A lot of the Pacific Northwest’s agricultural commodities are anticipated to be somewhat profitable, based on a quarterly report by Spokane-based agricultural financing c perative Northwest Farm Credit Services.

A lot of the Pacific Northwest’s agricultural commodities are anticipated to be somewhat profitable, based on a quarterly report by Spokane-based agricultural financing c perative Northwest Farm Credit Services.

The report shows, nonetheless, some items are being buoyed by government programs, while others face quality dilemmas as a result of ecological factors

the dating project trailer

Hannah Williams, industry analyst at Northwest Farm Credit, says the market is mixed.

Two companies are likely to experience continued demand that is high to active housing areas and stay-at-home purchases.

“The housing marketplace continues to be extremely robust into the Spokane area and the U.S., which can be demand that is driving lumber and nursery-greenhouse product sales,” Williams says

Industry snapshot of this state of key commodities that are agricultural the Northwest demonstrates that forest items will likely be profitable. Greater rates on logs are expected to result from proceeded high demand, and present wildfires will also contribute to greater lumber costs in the term that is short. But, a slump that is slight prices is expected as a result of seasonal construction slowdowns and increased local log inventories due to salvage harvesting.

Nurseries and greenhouses also are experiencing high demand due to consumers emphasizing their domiciles and robust housing areas. They’ve been buoyed by federal assistance programs, such as the Paycheck Protection Program and the Coronavirus F d Assistance Program, the report says while producers saw increased costs related to implementing practices to prevent the spread of COVID-19. […]