A USDA cranberries purchase is intended to help many farmers and growers throughout the nation, and with $55 million in products, that’s a big purchase. In a recent transaction with the Congressional Cranberry Caucus, the U.S. Department of Agriculture (more commonly called the USDA) confirmed they will buy up to that hefty amount. All of the details on this financial promise of massive food proportions are reported by Food World News this Thursday, November 27, 2014.
Fans of cranberries — including in meals outside of Thanksgiving dinner — may be happy regarding a new USDA cranberries agreement with the Congressional Cranberry Caucus. The Agriculture Department has confirmed they will be buying up to a grand total of $55 million in related products. This impressive amount is twice that of its previous purchase back in January of this year. As a result of the lawful contract, the USDA now finds itself with 68 million pounds of cranberries — all as part of a surplus.
It appears that these fruitful — pun intended — efforts were intended to help out American growers during a difficult time. Tammy Baldwin, a U.S. Senator, revealed in a press release this week that the state most benefited by this new agreement is Wisconsin, the nation’s biggest cranberries croppers. It is reported that in light of this big USDA buy, more consistent and established prospects will result for our cranberry “farmers.”
What all of this signifies in a nutshell, adds Local 12 News this evening, is that the Agricultural Department is now the owners of this incredible fruit supply. Wisconsin growers will now be getting a more profitable 10 to 20 cents per pound of cranberries thanks to USDA. According to the source, this transaction needed to be made to help out our nation’s growers.
“It’s been declining. We’ve seen the downward pressure on grower returns for three or four years now. So hopefully we’ve reached the bottom and we’ll start to see signs that things are improving,” said Tom Lochner, Wisconsin State Cranberry Growers Association Director.
With the price being so low as it is at the moment, many U.S. growers are unable to make ends meet, let alone often net a profit. In this USDA cranberries headline, it also appears that the Agriculture Department will likely be buying anywhere around 68 million pounds of these dark red fruits in 2015. As a result, the profile and commodity cost of cranberries will ultimately go up.
“These products will go into school lunch programs, food banks, things like that. So people who may not normally enjoy cranberries will be able to do that,” Lochner added. This particular condition is being called a double win for all involved, as more consumers get fresh cranberries while growers are able to make money and sell their additional fruit.