Nuts

Walnuts: US crop 15% smaller than last year

September 2, 2021 3:31 PM, Der AUDITOR
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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

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