Mar 13, 2013

Michigan asparagus growers get 2013 prices

Michigan asparagus growers will get 78 cents per pound (cash) from the state’s asparagus handlers this year – 79.5 cents per pound with payment terms, according to Ken Nye, executive director of the Michigan Agricultural Commodities Marketing Association’s Asparagus Division.

Nye announced the processing prices (for cuts and tips) during Oceana Asparagus Day in Hart, Mich., March 12. He said he anticipates every state handler to agree to the prices.

Prices this year are based on favorable stocks of frozen asparagus (indicating good demand), declining acreage in Peru and cold January temperatures in Mexico. He said the indications for the fresh market for 2013 are “very strong.”

Last year’s price was 73 cents per pound; 70 cents in 2011; 62 cents in 2010; 66 cents in 2009; 67 cents in 2008.