The agreement, reached Wednesday between the Hazelnut Growers Bargaining Association and five packers, is down slightly from last year’s $1.22 initial minimum.
“It’s always nice to be higher, but the last 10-year average has been about $1 a pound,” said Eugene-area hazelnut grower Dwayne Bush. “We can still make money at that price, especially if the price moves up, which it has the last six or eight years or so.”
2014’s initial minimum of $1.70 a pound was the highest ever.
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