Hazelnuts: farmers on strike boost prices

September 16, 2020 at 12:20 PM, Der AUDITOR
Play report as audio

ORDU. Hazelnut growers in Turkey are determined to drive up farmgate prices. Problem is that they are holding back.

Natural kernels approach EUR 6.00/kg

Exporters are finding it increasingly difficult to buy hazelnuts. Problem is that the growers are holding back in a desperate bid to drive up farmgate prices to TRY 25-30/kg. This has also given the export market a lift.  Natural hazelnut kernels, 11-13 mm, are trading at EUR 5.95/kg, around EUR 0.20/kg higher than over the last few weeks. As long as the growers are not forced sell market players are very much concerned that these prices will stay. Overseas shipments for hazelnut kernels range at 12,511 mt this season so far

View related articles

Go to the News Overview
Feb 6, 2023
NEW DELHI. Rising prices are tempting farmers to grow more peanuts again. However, this could lead to difficulties with regard to water supply. Higher seed prices also need to be considered.
Feb 2, 2023
ORDU. Suppliers in Turkey are utterly shocked and surprised by the TMO’s decision to sell hazelnuts. Initial assumption was that the state-run organisation would try to hold on to its stocks to prevent prices from tumbling before the general election in June.
Feb 1, 2023
HANOI. Farmers presently have little incentive to harvest cashews in Vietnam. Many have, in fact, stopped harvesting as local media report. Trouble is that raw material prices are simply too low. There is no chance of improvement as prospects are bleak for exports.
Jan 31, 2023
MANILA. As the experts of T.M. Duché report, prices for coconut oil were able to crack the USD 4,000/mt mark at the beginning of the year. How the situation develops further in the course of the year depends largely on the other edible oil markets.