Market updates on edible nuts with up-to-date price trends
Nuts
Sep 29, 2022

Almonds: sluggish demand dampens mood

MADRID/SACRAMENTO. Spain's almond harvest is progressing, but yields leave much to be desired. Market players are also dissatisfied with the development of demand.
Nuts
Sep 29, 2022

Hazelnuts: toxic combination

ORDU. With the US dollar gaining in strength and the euro losing in value buying and selling hazelnuts has become even more difficult for suppliers in Turkey. There is also some good news concerning the crop.
Nuts
Sep 28, 2022

Desiccated coconuts: typhoon season is crucial

MANILA. The coconut market, like all other markets, has been badly hit by the crises in the world market. In addition, there is the typhoon season, which has already caused damage in the Philippines; all this will have an impact on prices.
Nuts
Sep 26, 2022

Pecans: US domestic sales increase significantly

ATLANTA. Over the past four seasons, pecan sales have increased massively in the US domestic market, and exports also achieved the hoped-for increase in the 2020/21 season. Farmers are struggling to keep up with the high demand.
Nuts
Sep 26, 2022

Peanuts: lower sowing for kharif crop

NEW DELHI. With Indian farmers increasingly turning to more lucrative agricultural goods, the kharif sowing is lower this year. Prices continue their downward trend as the new crop arrives on the markets.
Nuts
Sep 26, 2022

Hazelnuts: new round of chaos

ORDU. Turkey’s Central Bank once again stunned the market on Thursday by cutting interest rates further. Although this move is designed to boost short-term economic growth, president Recep Tayyip Erdoğan’s policies are currently strangling Turkey’s hazelnut exports.
Nuts
Sep 22, 2022

Hazelnuts: financial restraints spell disaster

ORDU. While the TMO continues to purchase hazelnuts at full speed, speculations are running wild over Ferrero’s next moves. Exporters are exasperated with the banks in Turkey and producers are sounding the alarm in Italy.
Nuts
Sep 22, 2022

Almonds: Australia's exports lag behind

CANBERRA/SACRAMENTO. Australia's almond exports in July fell short of the same month last year, but still achieved an above-average result. A new feature of the Almond Board of Australia's latest report is the addition of domestic shipments.
Nuts
Sep 20, 2022

Pistachios: high-price gamble

TEHRAN/MADRID. Iran’s pistachio exports remained disappointingly low in July and prospects for the new season are far from encouraging. Although Spain is only a small player in the market, pistachios may well turn into “green gold” here.
Nuts
Sep 19, 2022

Peanuts: Sudan competes with India

NEW DELHI. Due to high yields and the fact that Chinese buyers do not pay import duties on Sudanese goods, Indian traders see Sudan as their biggest competitor this season. In India, peanuts from the new crop are increasingly arriving on the markets, but are still spurned by buyers.
Nuts
Sep 19, 2022

Walnuts: Moldova and Ukraine in for competition

SACRAMENTO/CHIȘINĂU. California Walnuts reckons that US exports climbed by nearly 4% in 2021/2022, whereas domestic shipments declined by 10%. Producers in Moldova are, by contrast, eager to fill any gaps and step up exports, especially to Europe this year and exports from Ukraine are expected to pick up in 2022/2023.
Nuts
Sep 15, 2022

Hazelnuts: traders caught by surprise

ORDU. Although traders only recently decried Ferrero’s purchasing bid for hazelnuts as having little impact on the market, it is currently proving surprisingly successful. Farmers have, however, little incentive to sell to the free market and the weather is giving rise to concerns over the quality of the crop in Turkey.
Nuts
Sep 14, 2022

Almonds: US exports range 10% higher

SACRAMENTO/MADRID. For US almond suppliers the new season has started off remarkably well with monthly exports ranging 10% higher in August than in July. High carry-ins should compensate for lower yields in 2022/2023.
Nuts
Sep 12, 2022

Peanuts: high yields and good quality

NEW DELHI. Although the acreage in India is smaller this season, good yields make up for the deficit. At present, the new crop still has a high moisture content, yet the quality is generally reported to be good.
Nuts
Sep 12, 2022

Pecans: high risk in Europe

ATLANTA/VALENCIA. With China beating about the bush hopes are that U.S. pecan exports will bounce back in 2022/2023. Yet, the American Pecan Council is pursuing a highly risky marketing strategy in Europe. US farmers are getting ready to harvest early varieties.
Nuts
Sep 9, 2022

Walnuts: heavy blow to production

SACRAMENTO. Frost and drought have dealt a heavy blow to California's walnut industry. This has prompted the United States Department of Agriculture's National Agricultural Statistics Service (NASS) to revise production estimates downwards in September's Objective Measurement Report.
Nuts
Sep 8, 2022

Almonds: harvest is in full swing

MADRID/SACRAMENTO. In Spain, the almond harvest is in full swing, but agricultural organisations are urging growers to hold back their goods. Meanwhile, there is dissatisfaction with the current prices.
Nuts
Sep 8, 2022

Hazelnuts: farmers shun Ferrero

ORDU. Ferrero has finally issued a bid. Prolonged rainfall has not only delayed the harvest but is also giving rise to concerns over quality. Autumn and winter will prove tough for Turkey’s hazelnut exporters.
Nuts
Sep 5, 2022

Macadamias: harvest in Australia almost complete

CANBERRA. After the devastating storms and floods at the beginning of the year, the harvest in Australia is now almost complete. The quality is convincing and the growers are also satisfied with the crop quantity considering the difficult conditions.
Nuts
Sep 5, 2022

Peanuts: threatening export ban on peanut oil

NEW DELHI. Rumours of a possible export ban on Indian peanut oil have roiled the market and pushed up China's buying. Some traders, however, doubt whether the ban will ultimately take place.
Nuts
Sep 5, 2022

Pistachios: harvest starts early

DAMGHAN. Heat and other climatic conditions prompted the farmers in Damghan county in Iran’s Semnan province to start harvesting pistachios one week earlier. Traders reckon that production will decline sharply.
Nuts
Sep 1, 2022

Hazelnuts: Ferrero as joker

ORDU. While growers are still busy harvesting hazelnuts in Turkey, reports of rather strange quality issues are emerging. Not only are market prices far from attractive but cash is also not easy to obtain for exporters requiring supplies. Joker, however, is Ferrero.
Nuts
Aug 29, 2022

Peanuts: optimism returns

NEW DELHI. After the stagnation of the last few months, Indian market players are now more optimistic again. Demand from China in particular is giving exporters hope for a successful season.
Nuts
Aug 29, 2022

Almonds: demand is key

SACRAMENTO/MADRID. Contrary to US shipments, which took a hit in 2021/2022, Spain’s almond industry has recorded a better export performance. Optimism may prevail in California at present, but prospects are not quite as encouraging.
Nuts
Aug 25, 2022

Almonds: unjustified pressure on prices

MADRID/CANBERRA. Declining prices in the almond market despite lower crop forecasts are causing discontent among Spanish market players. Australia's almond exports, meanwhile, increased significantly again in June and achieved the second-best monthly result ever.
Nuts
Aug 23, 2022

Hazelnuts: far cry from reality

ORDU. Hazelnut suppliers are sounding the alarm bells at the start of the new season in Turkey. Although farmers are happy with the crop size and the shell-kernel ratio is excellent, another problem is emerging that has prompted Ferrero to react swiftly.
Nuts
Aug 22, 2022

Peanuts: facts tell different story

NEW DELHI. Speculations over the new peanut crop keep changing in India. While concerns were recently being voiced over the Munda disease causing large parts of the crop to rot, things have now totally changed.
Nuts
Aug 18, 2022

Hazelnuts: drama about the prices

ORDU. The TMO offers leave buyers dissatisfied, as unrealistic expectations have been created by overly favourable sales by some suppliers. Political developments are also strongly influencing the market, and market players are eagerly awaiting Ferrero's actions.
Nuts
Aug 17, 2022

Pistachios: crop damage drives up prices

MAHVELAT. The prospect of a lower production this year and dwindling stocks on the world market have caused the prices of Iranian pistachios to rise markedly. Market players, meanwhile, are calling for a more comprehensive production process in the growing regions.
Nuts
Aug 17, 2022

Almonds: sobering end to the export season

SACRAMENTO. At the end of the almond season, US exports were significantly below expectations. This was due to delivery delays caused by strikes, but also in part to declining demand. The US harvest is underway and initial results on availability and quality should be available in the coming weeks.
Nuts
Aug 17, 2022

Pecans: farmers prepare for harvest

ATLANTA. In the North American growing regions, growers are in the middle of preparing for the harvest of the early varieties. However, there are some difficulties when it comes to marketing.
Nuts
Aug 12, 2022

Peanuts: pest infestation causing concern to farmers

NEW DELHI. Some Indian growers are reporting a pest infestation in the fields and have taken immediate action with the help of the government and universities. There is also an interesting development in the peanut oil market.
Nuts
Aug 11, 2022

Hazelnuts: official crop estimates 2022/23

ORDU. The Turkish Ministry of Agriculture and Forestry has announced the production estimates for the new season, which have been eagerly awaited by market players. These are promising, as is the quality of the nuts.
Nuts
Aug 10, 2022

Cashews: export target to be corrected

HANOI. The original plan of the Vietnamese cashew industry was to export cashews worth USD 3.8 billion in 2022. However, various difficulties mean that this export target is now to be revised downwards.
Nuts
Aug 10, 2022

Pistachios: growers get no rest

KERMAN. After frost and drought, Iranian pistachio farmers are now struggling with the effects of heavy rains, which may have caused significant damage. Irrigation is also at risk as a result.
Nuts
Aug 2, 2022

Hazelnuts: Erdoğan causes confusion

ORDU. President Recep Tayyip Erdoğan’s announcement of the Turkish Grain Board’s (TMO) purchasing price for new crop hazelnuts caused a bit of confusion on Saturday. Although the state-run organisation clarified prices on Monday, traders do not think that the market will buy into them. Rumour has it that Ferrero has swiftly responded.
Nuts
Aug 1, 2022

Peanuts: slump in US exports

NEW DELHI/ATLANTA. Farmers are switching to more attractive alternatives such as cotton or soy in India and in the United States. China's peanut production will only rise nominally in 2022/2023 and US suppliers are having a hard time competing with India.
Nuts
Jul 28, 2022

Hazelnuts: Erdoğan to announce TMO bid

ORDU. President Recep Tayyip Erdoğan will announce the TMO’s purchasing price for hazelnuts this week and guesses are running wild. Lucky buyers can purchase organic hazelnuts at a discount.
Nuts
Jul 28, 2022

Pistachios: frustrated organic producers

ZARANDIEH. Iran’s Markazi province may only rank sixth in terms of the area under cultivation and crop size, but Zarandieh county is the country’s leading producing area for organic pistachios. Turkey will replace Iran as second most important producer in 2022/2023.
Nuts
Jul 27, 2022

Cashews: slight increase in global production

REUS/YAMOUSSOUKRO. After Cambodia massively revised its crop figures upwards, the INC had to adjust production estimates for 2021/22 once again. A slight increase is expected for the new season.
Nuts
Jul 27, 2022

Almonds: Spain's exports increase by 12%

MADRID/SACRAMENTO. Spain's almond exports are picking up again at the end of the season, with Germany and France remaining the top buyers. Prices have stabilised for the time being after the last correction.
Nuts
Jul 25, 2022

Brazil nuts: global production to increase by 18%

REUS/SUCRE. Due to the expected larger crops in the most important growing countries Bolivia and Peru, the INC expects a noticeable increase in global production in 2022/23. The outlook for Brazil, however, is less rosy.
Nuts
Jul 25, 2022

Walnuts: production revised

REUS/SANTIAGO. While the International Nut and Dried Fruit Council estimated global walnut production for 2022/2023 at 2.65 million mt in May, this figure has now been lifted to 2.69 million mt. India has become the leading export destination for Chile.
Nuts
Jul 21, 2022

Pine nuts: 2022/2023 crop to decline by almost 30%

BEIJING/MOSCOW. In the 2021/2022 season, almost 150,000 mt of pine nuts were harvested worldwide. The forecast for the coming 2022/2023 season, however, is less optimistic. Production in China alone is expected to decline by 60%.
Nuts
Jul 20, 2022

Pecans: significantly larger crop in South Africa

REUS/MEXICO CITY. In its recently published production estimates, the INC predicts that global pecan availability will grow. South Africa, in particular, can show a notable increase, but there are also other winners.
Nuts
Jul 20, 2022

Macadamias: situation in Australia eases

CANBERRA. After the floods at the beginning of the year, the AMS and Australian growers are optimistic again. The harvest is now in full swing here.
Nuts
Jul 20, 2022

Almonds: revised estimates drive up prices

CANBERRA.While US almond exports have picked up in recent months, Australia has witnessed an unexpected hit to exports. Revised production estimates are driving up the market.
Nuts
Jul 19, 2022

Hazelnuts: revised production estimates

ORDU. While the economic situation is deteriorating in Turkey with banks urging customers to transfer foreign currencies into Turkish lira, news from the orchards has prompted authorities to revise the official production estimates for hazelnuts. Prices have, nevertheless, taken a curious turn.