Nuts

Hazelnuts: power struggle in Turkey

September 21, 2020 10:42 AM, Der AUDITOR
Play report as audio

ORDU. While hazelnut growers continue to hold back in Turkey, the bid prices issued by a state-run organisation has boosted their convidence.

Bid prices rise to TRY 24/kg

An estimated 40-45% of production have already arrived. Offers are, however, scarce as the farmers are holding back and sales are only conducted on consignment if at all. Exporters refrain from selling prematurely as they fear that prices may rise further.

Although this season's exports so far rank on a low level last seen in 2018/2019, growers insist on higher prices. Farmgate prices ranging as high as TRY 25/kg appear feasible to them as these prices were paid last year when production ranged at 800,000 mt. This year's producti

View related articles

Go to the News Overview
Nuts
Aug 12, 2022
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
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
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
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.