Nuts

Peanuts: unexpected shift in demand

October 17, 2022 at 10:01 AM, Der AUDITOR
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NEW DELHI. While heavy rains have impacted the quality of the peanuts laid out for drying in India, they benefitted the nuts still out in the fields. This has prompted an unexpected shift in demand.

High moisture content

Trouble is that the rain has not only reduced the quality of the peanuts laid out for drying but has also driven up the moisture content. Delivery delays are also a problem since suppliers cannot load the nuts onto the containers in time. Relatively high prices have, in addition, put off buyers in China.

Good news, however, is that the plants, which are still in the fields, are profitting from the rain. Expectation is that this will prompt average yields to rise and larger supplies of high-quality nuts should become available in Novembe

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