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In page Cranberry:

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Prices and production increased steadily during the 1980s and 1990s. Prices peaked at about $65.00 per barrel ($0.65 per pound or $1.43 per kilogram)—a cranberry barrel equals 100 pounds or 45.4 kilograms—in 1996 then fell to $18.00 per barrel ($0.18 per pound or $0.40 per kilogram) in 2001. The cause for the precipitous drop was classic oversupply. Production had outpaced consumption leading to substantial inventory in freezers or as concentrate.[citation needed]