5	INVENTORIES


	December 31, 2018			December 31, 2017
Deferred crop costs	$	24,649		$	19,070
Purchased produce inventory		643			396
Biological asset adjustment (note 6)		(2,871	)		(2,212	)
Spare parts inventory		64			55

	$	22,485		$	17,309

The cost of inventories recognized as expense and included in cost of sales for the year ended December 31, 2018 amounted to $114,236 (2017 - $120,509). The biological asset adjustment reclassifies actual costs incurred for the biological asset from inventories to biological asset on the consolidated statements of financial position.