Uncertainty throws cold water on organic market

Organic markets have cooled off, according to panelists speaking at a webinar organized by SaskOrganics.

“As of right now, everything has definitely softened a little bit,” said Wade Harris, a buyer with Sunrise Foods International.

There is plenty of uncertainty in the market, and processors are hesitant to do much forward contracting of crops.

“It’s definitely a little quieter. We’re generally booking a lot more acres this time of year,” he said.

Prices have been dropping and buyers are waiting to see where they end up.

“A lot of the buyers in the U.S are a little uncertain on what the market is going to do,” he said.