Nuts

Hazelnuts: rumour has it that Erdoğan wants to lift prices

August 31, 2020 11:09 AM, Der AUDITOR
Play report as audio

ORDU. Rumour has it that Turkey's President Recep Tayyip Erdoğan wants to lift the prices for hazelnuts. Growers are, meanwhile, trying to make the most of coronavirus restrictions at the start of the season. The first new crop arrivals have already been shipped.

Growers may struggle to finish harvesting before schools start back

Schools in Turkey will return from the summer break with three weeks of remote teaching, before opening again on 21 September. The benefit is that the growers and their families will have enough time to finish harvesting before many have to return to the towns. Many migrant workers will also not be required, which saves money. Market players are, however, concerned that many families may be forced to return to their homes earlier as tougher coronavirus regulations are being introduced every day.

View related articles

Go to the News Overview
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.
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.