Market Outlook

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Beating the Heat: Larger Table Grape and Peach Production Forecast in 2024

USDA’s National Agricultural Statistics Service (NASS) 2024 production forecast is down for apples, pears, walnuts, and wine grapes but up for cranberries, table grapes, peaches, and table olives. In 2024, California’s table grape production is expected to be bigger than last season’s crop that was negatively affected by remnants of late summer tropical storm systems. Peaches in 2024 are also forecast up with production levels in the Southeast recovering from a previous season marred by spring freeze events. California walnut production is forecast 19 percent lower in 2024 following a record high walnut crop in 2023. Lower walnut yields are expected in 2024 due in part to a warm winter followed by extreme summer heat.

A clustered bar chart showing year-to-year production changes for selected fruit and tree nuts with table grapes and peaches showing the greatest increase

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