The USDA Cold Storage Report issued today shows that current frozen strawberry holdings are high compared to the last five years. IQF holdings are the highest they have been in the past five years. Pails and tubs are the second highest, barrels and drums are the second highest, and juice stock is the highest it has been in the past five years.

The USDA has reported that apple processing use for Washington and California so far in 2008 is off by 90,000 tons over where production was in 2007. The current year is well below the past three years and shorter than the last short processing crop of 2004. As a result, prices still remain high in 2008 over where they have been in the past few years.