Free of charge

Hazelnuts: The TMO is simply taking everything

May 3, 2017 at 11:10 AM , Der AUDITOR
Play report as audio

ORDU. The TMO's loose requirements for hazelnut deliveries are making it particularly lucrative for farmers to hand over small or ageing hazelnuts.

The farmers benefit
Market players initially assumed that the commodities would have to fulfil similarly strict requirements as in the 2008/09 season. In reality, however, the requirements for the quality and size are significantly lower, so that the farmers can sell smaller and older hazelnuts to the TMO without much difficulty. This resulted in a price increase for hazelnut preparations. In addition, up to 3 mt are accepted per delivery.

Turkish hazelnut kernels

Product 

EUR/kg

Whole, 11-13 mm 

6.30

Diced, 2-4 mm 

6.40

Meal, 0-2 mm 

5.60

Hazelnut paste

5.80

DDP Germany

Nothing is certain
While foreign buyers are hesitating in the background, the domestic market is relatively active due to the upcoming Ramadan. Things should quiet down again in a week or two. In particular, the extent to which the TMO will participate with purchases from the 2017 crop remains unclear. Nonetheless, the good crop expectations and existing contracts are allowing traders to remain relatively relaxed in view of the next few weeks.

A dangerous mix
Regardless of the developments in Turkey, a scandal is anticipated on the hazelnut market. Deliveries from Georgia and Italy were stretched with other nuts such as almonds or cashews, and even with peanuts. The latter in particular represents an elevated health risk for persons with allergies when they are not declared.

Attached Files

File icon
Price chart Hazelnut kernels, natural

View related articles

Go to the News Overview
Nuts
Jul 29, 2025
OUAGADOUGOU/WASHINGTON, D.C. A large proportion of West Africa's exportable cashew production has already been shipped to its destination countries, leaving only small quantities available in some producing countries. In the USA, demand also depends on developments in customs duties.
Nuts
Jul 28, 2025
NEW DELHI/ATLANTA. NAFED sales continue to exert pressure on the Indian peanut market and prices. In the USA, the outlook for the coming crop is good so far.
Nuts
Jul 24, 2025
ORDU. Heated debates persist over the estimates issued by the Ministry of Agriculture. Next week’s Exporters Union’s forecast is to bring more clarity on this year’s crop size for hazelnuts. Expectation is also that the base price will cause some headache.
Nuts
Jul 23, 2025
CAPE TOWN/NAIROBI. The threat of US tariffs on South African macadamias is causing suppliers there to focus more on the Chinese market. Kenya is tightening its regulations for raw macadamias, and EU buyers are investing significantly more.