US Cherry Exports Sluggish in July as Prices Bottoms Out

The United States is the second-largest producer of cherries in the world, whose export prices are falling from June to July 2021. Export prices plunged to 2.50 USD per pound in July and export volumes decreased by -8% (60,914 thousand pounds) compared to July 2020. Meanwhile, the monthly value in that period also fell significantly by 29% compared to last July 2020.