The Peruvian potential for cherry development can attract agricultural capital due to the great economic reward it would generate

Published Jul 30, 2024

Tridge summary

The US market has surpassed expectations for Peruvian agro-exporters this year. Adam Formica of Sensonomic highlights the potential for cherries to become a significant agricultural product for Peru, despite challenges with winter temperatures. Advances in technology and foreign investments could help overcome these obstacles, similar to the success of blueberries in desert regions. Peru's warmer climate may allow for earlier cherry shipments, potentially fetching higher prices in China. Foreign investment could also fund research and development, accelerating the growth of Peru's cherry industry, which has a history of quickly adapting to agricultural changes.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(Agraria.pe) So far this year, the US market has performed better than planned for Peruvian agro-exporters “Are cherries the future of agriculture in Peru?” With this suggestive question Adam Formica, scientific director of Sensonomic, opens the debate and affirms that it is possible. And Chile, otherwise produces crops similar to Peru, exported US$3 billion of that fruit last season. This meant 57% of world exports, of which 91% went to China. “A key challenge for cherry development on the coast of Peru is that winter temperatures do not drop below 7 to 8 degrees Celsius. There are not enough cold hours for bud opening. However, advances in technology, driven by foreign investments, could help overcome this barrier,” he explained. Along these lines, he considered that blueberries are a good case study, since from Morocco to Peru, developments in genetics have allowed the development of blue berry production in desert regions. “New varieties like Eureka Sunrise, Sekoya Pop, and ...

Source: Agraria