Nuts

Walnuts: US crop 15% smaller than last year

September 2, 2021 at 3:31 PM , Der AUDITOR
Play report as audio

SANTIAGO/BUDAPEST. The crop forecast for the 2021 US walnut crop published by the USDA on 1 September was even more disillusioning than the INC's already lower estimate in June. Hungarian traders, however, are optimistic about the crop in their country.

USDA revises estimates downwards

According to the June report of the International Nut and Dried Fruit Council, the US walnut crop had initially been estimated at 674,810 mt in-shell, which would have already represented a 5% decline from last year. However, with drought, heat and water shortages affecting not only almond and pistachio but also walnut trees in recent weeks, the USDA has further reduced estimates for the 2021 walnut crop in its latest report. Just 605,000-610,000 mt of in-shell walnuts are expected this year, as the report from 1 September 2021

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.