Christmas Tree Farmers Enjoying Banner Year

By Jim McCoy Wed 20th November NewsagricultureChristmas trees
Christmas tree growers in the Northwest say business is looking better this year after a long slump. They tell the agricultural publication Capital Press (http://bit.ly/19H6l4P) prices are up 2 percent to 3 percent after a seven-year slide that saw them drop by 35 percent. Now, the growers say, some buyers are scrambling to find high-quality trees. The growers say the tailspin began when investors, many of them new, began pouring money into the business after 2000. When the trees reached maturity after seven years, the market was swamped, and prices fell. One grower says more than half the growers who had more than 100 acres of trees are now out of the business. Oregon leads the nation in Christmas tree production. Washington is the sixth.

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