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Walnuts: contradicting production estimates

November 17, 2020 11:53 AM, Der AUDITOR
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SACRAMENTO. Market observers have recently issued production estimates that differ widely. Global production estimates are, by contrast, surprisingly uniform.

Global production to reach nearly 2.3 million mt

The International Nut and Dried Fruit Council estimates global walnut production at 2.296 million mt, a 9.1% rise over last year. Yet, the figure ranges 12,000 mt above USDA estimates. The two organisations mainly differ on China and Chile, along with Ukraine and Turkey.

China revised production estimates upwards by 5% to 1.05 milion mt at the International Tree Nut Conference in Qingdao. Issue is that the large crops in Xinjiang and Yunnan, coupled with a rise in acreage are said to have compensated for the d

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