Nuts

Hazelnuts: raw kernel prices spark speculations

April 19, 2021 10:41 AM, Der AUDITOR
Play report as audio

ORDU. Although hazelnut production is expected to hit a record in Turkey, prospects are far less encouraging in other countries. Politics, unfortunately, remain more decisive than supply and demand in Turkey. A scandal involving hazelnut paste has also hit the headlines.

Production to hit record in Turkey

In-shell production is expected to hit 800,000 mt in Turkey this year. As the risk of frost no longer exists no extensive losses should occur. Sudden frost has, by contrast, hit Italy. Production is expected to be much smaller than last year. The full extent of the damage still, however, needs to be assessed. This will take a few weeks. Frost is also reported to have impacted production in Georgia and in Azerbaijan. Turkey will certainly gain support from this. 

Although prospects are encouraging in Turkey, hazelnut pa

View related articles

Go to the News Overview
Nuts
Aug 2, 2022
ORDU. President Recep Tayyip Erdoğan’s announcement of the Turkish Grain Board’s (TMO) purchasing price for new crop hazelnuts caused a bit of confusion on Saturday. Although the state-run organisation clarified prices on Monday, traders do not think that the market will buy into them. Rumour has it that Ferrero has swiftly responded.
Nuts
Aug 1, 2022
NEW DELHI/ATLANTA. Farmers are switching to more attractive alternatives such as cotton or soy in India and in the United States. China's peanut production will only rise nominally in 2022/2023 and US suppliers are having a hard time competing with India.
Nuts
Jul 28, 2022
ORDU. President Recep Tayyip Erdoğan will announce the TMO’s purchasing price for hazelnuts this week and guesses are running wild. Lucky buyers can purchase organic hazelnuts at a discount.
Nuts
Jul 28, 2022
ZARANDIEH. Iran’s Markazi province may only rank sixth in terms of the area under cultivation and crop size, but Zarandieh county is the country’s leading producing area for organic pistachios. Turkey will replace Iran as second most important producer in 2022/2023.