Nuts

Macadamias: Australia has big goals

November 9, 2022 at 12:49 PM , Der AUDITOR
Play report as audio

CANBERRA. Although severe storms damaged this year's crop, Australian growers were able to prevent the worst. For the next three years, cultivation is to be significantly expanded once again.

Farmer efficiency pays off

In the 2021/22 season (March 2021 to February 2022), Australian production was 51,500 mt of inshell macadamias (3.5% moisture content). This represented a 10% increase over the 2020 crop, as reported by the Australian Macadamia Society (AMS). The growing regions in New South Wales were repeatedly affected by storms, while the weather conditions in Queensland looked much better. Here, higher yields were achieved than in the previous season and there were numerous new plantings.

Unlike last year, Queensland growers were also affected in the 2022/23 season. In the growing regions there and again in New South Wales, severe storms and floods raged, leading to heavy crop losses and presenting the farmers with massive challenges in their plantations. Thanks to their quick and efficient action, however, the crop is still estimated at 49,340 mt of inshell macadamias (3.5% moisture content), which means that the decline compared to the previous season remains moderate. The fact that Australia's largest growing region, Bundaberg, was not affected by the storms also contributed to this.

High crop target

The targets for the coming years are high. According to the AMS, 800 farmers currently grow macadamias on an area of 38,000 ha. 80% of the production is exported. By 2025, the cultivation area is to be expanded to 46,000 ha and the crop target is an impressive 70,000 mt.

Macadamia prices on the European spot market have dropped significantly compared to last week. Macadamias, style 1L, 16-20 mm from Kenya currently cost EUR 14.55/kg FCA Spain.

View more
price charts on nuts, dried fruit, grains, oilseeds and more

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.