Nuts

Macadamias: AMS revises crop forecast amid weather challenges

July 9, 2024 at 9:31 AM , Der AUDITOR
Play report as audio

BRISBANE. Adverse weather conditions have prompted the Australian Macadamia Society (AMS) to revise the 2024 crop estimate.

9% reduction

In-shell production estimates now stand at 50,830 mt for 3.5% moisture and at 54,500 mt for 10% moisture. This is 9% down from the initial estimate of 56,000 mt for 3.5% moisture and of 60,000 mt for 10% moisture. Yet, the revised forecast still anticipates a 5% larger crop than the last year, with improvements in kernel recovery and nut size compared to 2023, and overall quality looking good.

Australian Macadamia Society CEO Clare Hamilton-Bate states that for many growers the 2024 harvest season has again been challenging with prolonged heat and then extended wet weather, leading to yield losses across key growing regions.

“In Bundaberg, our largest macadamia growing region, harvest is nearing completion, but early indications suggest a slightly lower intake than initially forecast, the crop [was] impacted by prolonged heat earlier in the growing season,” according to Hamilton-Bate.

“In most other growing regions, the wet conditions have significantly hindered growers, and many have only recently been able to get on farm to start their first harvest rounds. Some orchards still have areas that are inaccessible,” she adds.

The AMS will review the crop forecast again in September, with the final 2024 Australian macadamia crop figure to be announced in early December.

australianmacadamias.org

 

 

View related articles

Go to the News Overview
Nuts
Jul 18, 2024
BRUSSELS/ORDU. Given that prices have surged this season it is quite remarkable that EU imports have risen for hazelnuts in the first six months of the year. Suspense is palpable in Turkey with the TMO and Ferrero expected to take decisive action very soon. Offers for the new crop are circulating.
Nuts
Jul 17, 2024
HANOI/NEW DELHI. Vietnam's exports in the first half of 2024 are quite impressive, and many destination countries have increased their purchase volumes. Meanwhile, prices in India remain stable.
Nuts
Jul 16, 2024
SACRAMENTO. Opinions may be contradicting but June was a very strong month for US almonds. With the season in its final stages concerns are being voiced over remaining supplies and the state of the new crop.
Nuts
Jul 15, 2024
NEW DELHI/BUENOS AIRES. In India, peanut prices continue to fall with the prospect of a good crop. Demand in Argentina is good, while Brazil is struggling badly. In the USA, the weather will prove decisive.