Nuts

Walnuts: adjusted US crop estimates

December 8, 2022 at 4:53 PM , Der AUDITOR
Play report as audio

SACRAMENTO. According to experts, the US walnut crop could turn out better than previously expected. This means that the pressure on prices continues to grow despite qualitative deficiencies. Meanwhile, US exports declined significantly in October.

Quality is modest

Expectations for the US walnut crop have been adjusted a few times this year. After the objective estimate of the US Department of Agriculture had put the result at a good 650,000 mt, still below last year's result, market players now expect a somewhat better result. The experts at Olam, for example, forecast walnut production of 660,000-715,000 mt, i.e. between the result of the 2021 crop and the subjective estimate from spring 2022.

Furthermore, it is said that the quality of the nuts cannot keep up with that of previous ye

View related articles

Go to the News Overview
Nuts
Jun 25, 2024
REUS/SACRAMENTO. Supplies will not be an issue for almonds in 2024/2025. The estimates presented at the International Nut and Dried Fruit Council (INC) Congress in May are upbeat. Things also look much better than anticipated in Spain.
Nuts
Jun 24, 2024
NEW DELHI/BUENOS AIRES. Upward trending edible oil markets and increased demand from the Middle East are keeping Indian peanut prices from declining too much. The situation in America is mixed.
Nuts
Jun 24, 2024
REUS. International Nut and Dried Fruit Council (INC) production figures are erratic for pine nuts in Asia. Illegal harvesting is a big problem in Mongolia. Turkey is the leading producing country in the Mediterranean.
Nuts
Jun 20, 2024
FOLSOM. Although exports continued strong in May, they failed to compensate for the downturn in domestic shipments as the latest shipment report issued by the California Walnut Board shows.