Apple Supply Down, Prices Up This Fall
LEOMINSTER (CBS) – Apples and apple cider will likely cost you more this fall.
Due to the warmer-than-usual spring, around 20-percent of the apple crop was lost, according to New England Apple Products President Steven Rowse.
“That warm spring weather in March, apple trees stared blooming early and then we had a cold snap and a few of the blossoms got frozen,” Rowse told WBZ NewsRadio 1030.
Listen: Carl Stevens reports
“It’s a pretty simple supply and demand equation,” Rowse said.
“Supply is down and demand is up, prices are through the roof. My apple costs are triple what they were this time a year ago.”
Due to the shortage, the price of apple cider has been raised 50-percent this season at New England Apple Products.