1. Agricultural Economics Economic Subject Matter Meetings Kentucky Horticulture Continues Expansion in 2002

2. Agricultural Economics WINNERS (+%) Leafy Let. (132%) Peppers (49%) Cucumbers (36%) Strawberries (25%) Carrots (23%) Cantaloupe (22%) Tomatoes (16%) Snap beans (15%) LOSERS (-%) Cauliflower (20%) Head Let. (15%) Apples (9%) Celery (8%) Sw Potatoes. (6%) Fresh F&V’s PCC up 10% 1990-02. Changes in U.S. per capita consumption for selected fruits and vegetables, 1991-2002

3. Agricultural Economics U.S. Sweet Corn Shipping Point Prices 1997-2001 and 2002 Source: USDA/ERS

4. Agricultural Economics Kentucky Sweet Corn Situation Marketing alliances for tray pack continuing Expanding to include foodservice products Growers struggled in 2001 but did better with 2002 prices

5. Agricultural Economics U.S. Tomato f.o.b Shipping Point Prices 1997-2001 and 2002 Source: USDA/ERS

6. Agricultural Economics U.S. vs. Canadian Tomato Imports by: Kevin Nierman, The Packer, 2002

7. Agricultural Economics Tomato Imports Continue to Grow

8. Agricultural Economics U.S. Cantaloupe Shipping Point Prices 1997-2001 and 2002 Source: USDA/ERS

9. Agricultural Economics U.S. Cabbage Average Farm Price 1997-2001 Source: USDA/ERS

10. Agricultural Economics U.S. Bell Pepper Average Farm Price 1997-2001 Source: USDA/ERS

11. Agricultural Economics U.S. Fresh Market Blueberry Production Southern region production increases by 9% in 2002 BUT Southern market share decreases from 23% in 2001 due to increases in Western production Source: North American Blueberry Council

12. Agricultural Economics 2002 Blueberry Production Kentucky and Other States Kentucky production (40 acres) equaled approximately 50,000 pounds in 2002, up from 37,000 in 1997. Production is expected to increase to 350,000 pounds (40 more acres) by 2004. (UKy, USDA)

13. Agricultural Economics Atlanta Terminal Market Blackberry Prices $0.00 $5.00 $10.00 $15.00 $20.00 $25.00 $30.00 1-Jun8-Jun 15-Jun22-Jun29-Jun 6-Jul 13-Jul20-Jul27-Jul 3-Aug 10-Aug17-Aug24-Aug Per Dozen 6 oz or 1/2 pt. containers 1999-2001 2002 Source: USDA/ERS

14. Agricultural Economics U.S. Grape Vines, 1987-2002 Sources: 1987-97: US Ag Census 2002: USDA/ERS, wineinstitute.org, CA Dept. of Food and Agriculture. *2002 estimate includes 1,179,545 acres.

15. Agricultural Economics Approximate Grape Prices Paid By Regional Wineries, 1997-2000 $/ton Estimated KY Breakeven Price Per Ton: $650-1050 Source: “Business Planning and Economics of Midwestern Grape Production” Bruce Bordelon, Purdue University, http://viticulture.hort.iastate.edu/wsfeb01/business.html

16. Agricultural Economics Early indication is that Fall 2002 prices are slightly higher than usual. Good yields Pumpkin Situation

17. Agricultural Economics St. Louis Terminal Market Prices Illinois Large Howden Pumpkins Production problems (disease) have resulted in lower yields and significantly higher pumpkin prices early in the 2002 season.

18. Agricultural Economics Kentucky Agricultural Diversification Funds by County $0-100,000 $100,000-$199.999 $200,000+ (Yellow counties)

19. Agricultural Economics Value of KY Wholesale Floriculture Sales By Grower Size, 1993-2001 Source: USDA/ERS Floriculture and Nursery Crops Situation and Outlook Yearbook, May 2002

20. Agricultural Economics This presentation was presented with the Agricultural Situation and Outlook, Fall 2002, publication number ESM-28, published by the Department of Agricultural Economics at the University of Kentucky with an additional contribution from Kentucky State University in October 2002. The entire publication can be accessed on the WWW at http://www.uky.edu/Ag/AgEcon/publications/esm_28.pdf. This article presents information on the economic situation and outlook for Kentucky agriculture and is intended to assist farmers, agribusiness professionals, Extension filed staff, and others with interest in agriculture and agribusiness. Information presented here is based on the most recent information and research available. However, the rapidly changing economic and policy conditions for agriculture limit the usefulness and life span of conclusions and recommendations cited here. Decision makers should keep these facts in mind. Feel free to use the information included in this publication for other uses, but please provide professional citation about the source. This paper is published without formal review and the views expressed are those of the authors and do not necessarily reflect the views of the University of Kentucky, the Agricultural Experiment Station, or the Cooperative Extension Service. If you need additional information or if you would like to provide comments or suggestions about this slideshow, please contact Tim Woods at tawoods@uky.edu. University of Kentucky, Department of Agricultural Economics 400 Charles E. Barnhart Bldg., Lexington, KY 40546-0276 Phone: 859-257-5762, Fax: 859-323-1913 URL: http://www.uky.edu/Ag/AgEcon/