{"id":11032,"date":"2023-12-02T20:14:18","date_gmt":"2023-12-02T20:14:18","guid":{"rendered":"https:\/\/connectwithfund.com\/business\/no-shortage-of-christmas-trees-this-year-but-dont-expect-any-red-tag-deals\/"},"modified":"2023-12-02T20:14:18","modified_gmt":"2023-12-02T20:14:18","slug":"no-shortage-of-christmas-trees-this-year-but-dont-expect-any-red-tag-deals","status":"publish","type":"post","link":"https:\/\/connectwithfund.com\/?p=11032","title":{"rendered":"No shortage of Christmas trees this year, but don\u2019t expect any red-tag deals"},"content":{"rendered":"<div data-editable=\"content\" itemprop=\"articleBody\" data-reorderable=\"content\">\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clon46er4006eg7nu187i7lz1@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      With Thanksgiving out of the way, the hunt for a Christmas tree is on for plenty of families wanting to snag the perfect Fraser Fir or Pine for their homes this year.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clpldc8s800013b6hid5atf31@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      But spending on a real Christmas tree is yet another expense for households to add to their holiday budgets at the time when inflation remains a pesky problem that\u2019s keeping prices elevated on a variety of products and services.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clpmnf1mx000a3b6h3addlkqt@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      As far as trees go, farms are promising there will be an adequate supply of trees this year. It typically takes eight to 10 years to grow a Christmas tree, depending on the variety and location, according to the National Christmas Tree Association, a trade group representing growers.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clpmupk17001m3b6h7dtkdxfk@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      \u201cI haven\u2019t heard of any community in America where people haven\u2019t been able to get a Christmas tree and I don\u2019t expect that will be the case this year,\u201d said Tim O\u2019Connor, executive director of the National Christmas Tree Association.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clpmvks4i001o3b6htnrofyqh@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      Still, O\u2019Conner said farms are working with a tight, but sufficient, supply of trees. \u201cThis has been the situation since 2016. There is an increase [in trees] coming but it\u2019s not ready to harvest yet,\u201d he said.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clpmw0x95001x3b6ht1enckfg@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      At the farm level, growers said they will be charging more for their wholesale tree inventory to their business customers but that increase will be significantly less than last year.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clpmne5vs00073b6htrpvslfl@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      The Real Christmas Tree Board, an industry trade group, in September surveyed 49 wholesale growers of Christmas trees who collectively account for two-thirds of the nation\u2019s tree supply about their outlook for the holiday season.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clpmrj6bl000i3b6huwfp0b7c@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      They found that 25% of farms supplying the trees this year expect to raise the wholesale prices they charge retailers by 5% to 15%, down significantly from a substantially higher 71% of farms who did the same year.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clpmrrhr8000q3b6hlvdb6hn9@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      Just under half, or 48% of farms, said they would increase their wholesale prices by less than 5% this year while 27% of farms said they would not raise prices at all.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clpmtk498000z3b6h5vpfmrlf@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      \u201cThe starting wholesale price is gonna be much more controlled this year than what we had to experience last year. And the reason for that is the supply looks good,\u201d said Marsha Gray, executive director of the Real Christmas Tree Board.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clpmtm19800113b6h7f0dlb9h@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      \u201cWhat impacted those prices last year were the input costs for the growers, labor, fertilizer, fuel,\u201d Gray said. \u201cEverything that you and I are dealing with they\u2019re dealing with, but in very large quantities. I think that settled down somewhat for the growers. We\u2019re still seeing inflation in our industry but at a much lower increase.\u201d\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clpmn7ybe00033b6huj3jwbhz@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      And farms, she said, have likely opted to absorb much of the business cost increases rather than pass them on to their retail customers.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clpmtozq300133b6h7u0ukn35@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      For the end shopper, though, it\u2019s hard to predict if trees will cost less versus last year because stores that buy bulk quantities of trees from farms have the freedom to decide if they want to pass along any wholesale price savings to their customers.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clpmu0bpt001h3b6h1ugbf679@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      \u201cWe realized a couple of years ago that we can\u2019t speak about retail prices because every retailer, whether it\u2019s a major retail chain, or a garden center or a smaller outlet is going to price the trees differently depending on their overhead costs and how many trees they have,\u201d she said.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cloonob6n00023b6i3c7moi0o@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      \u201cLast year, the median retail price of a Christmas tree was $80. That was up from $70 the prior year,\u201d said O\u2019Connor, adding that the increase was fueled by inflation. \u201cInflation has moderated this year so any price increases could be milder.\u201d\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clpmu8dtn001j3b6hmqfp0be8@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      Lauren Segedin, director of operations at Chimney Pond Farm in Glenville, North Carolina, said her farm is \u201cdoing as much as we can to absorb the cost increases so they don\u2019t land on our costumers.\u201d\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clpn00b5u00003b6hlb1bdd37@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      \u201cFamilies are already experiencing the financial impact enough themselves and we want to give them a Christmas to remember,\u201d she said.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clpn00prj00023b6hmfkb2t79@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      The farm is spread across 70 acres of Fraser Fir trees. It has more than 20,000 trees in the ground, harvests about 4,000 every year and plants another 5,000 annually.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clpn2xg8m000f3b6hvy8p2j3c@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      \u201cJust in the last year, the cost of everything<strong> <\/strong>has gone up 5% to 10% \u2014 labor, fertilizer, equipment, fuel,\u201d said Segedin. The farm is both a wholesale supplier and also holds choose-and-cut events for families to come to the farm, select their tree and take it with them.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clpn0hd6x00043b6hprnjy0ym@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      \u201cThere\u2019s only so much supply of trees every year,\u201d she said. So to augment income amid rising costs, the farm has looked to make up costs elsewhere.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clpn0nowv00063b6h0h6bmfo4@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      \u201cWe\u2019re also a wedding venue,\u201d she said. \u201cWe\u2019re trying to recover some of the costs by offering these other experiences.\u201d\n  <\/p>\n<\/p><\/div>\n<p>Read the full article <a href=\"https:\/\/www.cnn.com\/2023\/12\/02\/business\/christmas-tree-supply-prices-2023\/index.html\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With Thanksgiving out of the way, the hunt for a Christmas tree is on for plenty of families wanting to snag the perfect Fraser Fir or Pine for their homes this year. But spending on a real Christmas tree is yet another expense for households to add to their holiday budgets at the time when inflation remains a pesky problem that\u2019s keeping prices elevated on a variety of products and services. As far as trees go, farms are promising there will be an adequate supply of trees this year. It typically takes eight to 10 years to grow a Christmas<\/p>\n","protected":false},"author":1,"featured_media":11033,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[],"class_list":["post-11032","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>No shortage of Christmas trees this year, but don\u2019t expect any red-tag deals | ConnectWithFund<\/title>\n<meta name=\"description\" content=\"With Thanksgiving out of the way, the hunt for a Christmas tree is on for plenty of families wanting to snag the perfect Fraser Fir or Pine for their\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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