Nuts

Almonds: organic crop smaller than expected

October 20, 2020 3:18 PM, Der AUDITOR
Play report as audio

MADRID/SACRAMENTO. According to market players, the organic almond crop in Spain was lower than expected. Traders are hoping for a good Christmas business despite the current situation.

Prices for organic almonds rise drastically

Spanish almond prices are following the international trend, fuelled by the expected record crop in California. In recent weeks, the low price level has led to increased demand; however, trading activity has now slowed down and is significantly lower than usual at this time of year. Market players are hoping for a reasonable Christmas business, but reckon that sales markets that depend on large celebrations, tourism and walk-in customers will continue to live from hand to mouth for the time being.

Th

View related articles

Go to the News Overview
Nuts
Sep 29, 2022
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
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
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
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.