Almonds: Australia's exports hit record levels

February 10, 2022 at 3:21 PM, Der AUDITOR
Play report as audio

MADRID/CANBERRA. Even well before the end of the Australian almond export season, export figures are already above those for the full season 2020/2021. Prices have levelled off on the European spot market.

China drives exports

There is little movement in the Spanish and Californian almond markets. The focus is on the upcoming flowering season and exports in the coming months. If US exports remain as low as in recent months, abundant stocks are likely to be taken into the new marketing year at the end of the season. Depending on the weather and crop forecasts for the 2022/2023 season, this could put additional pressure on prices. Prices for Spanish Valencia almonds are at last week's level, for US almonds of the variety Butte/Padre, SSR, 27/30, natural Spanish traders

View related articles

Go to the News Overview
Jan 25, 2023
MADRID/SACRAMENTO. Although Spain’s almond exports received a boost in November, the dent in exports is still much higher than in California. Competition between Spain and California remains fierce with speculations on water supplies and exchange rates having top priority at present.
Jan 23, 2023
NEW DELHI. Farmers are in full control of India’s peanut market. Not only do they still hold more than 35% of all stocks but they also know how to play to their advantage. Artificial intelligence may also prove an asset in limiting aflatoxin contamination.
Jan 19, 2023
ORDU. Things have taken such a bizarre turn in Turkey that buyers have switched to other hazelnut producing countries such as Georgia, Azerbaijan or Italy. Drought will, in fact, have a lasting impact on production in Italy.
Jan 18, 2023
TEHRAN. Frustration and anger are growing with Iran’s government. Suppliers are now actively blaming the government for losing market shares for pistachios. Exports have, in fact, slumped by 75%.