Nuts

Hazelnuts: domino effect anticipated

February 16, 2023 at 11:35 AM , Der AUDITOR
Play report as audio

ORDU. People are struggling to comprehend the scale of the destruction the earthquake has caused in Turkey and in Syria. Although hazelnuts are mainly grown in northern rather than in southern Turkey, where the earthquake has struck severely, a domino effect is to be expected. The TMO is also giving rise to speculations.

Beyond imagination

Anger is certainly mounting in Turkey. Traders state that the destruction caused by two earthquakes that struck Turkey and Syria on 6 February and by several aftershocks is beyond imagination. Impression is that the mainstream media does not even cover 1% of the destruction. The death toll is also beyond comprehension and sadly continues to climb every day. Entire towns have disappeared because corrupt municipalities allowed buildings to be constructed on earthquake fault lines. In the week after the earthquake reports, in addition, state that hun

View related articles

Go to the News Overview
Nuts
May 16, 2024
SACRAMENTO/ISFAHAN. US almond shipments exceeded 2 billion pounds in April. The USDA subjective crop forecast is fuelling uneasy speculations. Almonds have come under fire in Iran.
Nuts
May 15, 2024
MANILA. The extremely high temperatures in the Asian countries of origin are likely to exacerbate the commodity shortage for the 2025 crop. A similar scenario was already observed last year.
Nuts
May 15, 2024
REUS/ORDU. Expectations over global production rising by 20% for hazelnuts in 2024/2025 have fuelled hopes that prices will fall. Yet, Turkey is confronted with other challenges at present, trouble is that the TMO may jump into action.
Nuts
May 15, 2024
CANBERRA. Australia achieved record exports in the 2023/2024 season despite declining crop results. Meanwhile, the 2024 has been completed.