Nuts

Walnuts: US exports to Europe slump

December 17, 2020 3:36 PM, Der AUDITOR
Play report as audio

SACRAMENTO. While US walnut exports are going well overall, shipments to Europe shrank significantly compared to last year.

Europe reduces imports by 14%

In the first three months of the 2020/2021 walnut season, the US delievered a total of 151,756 mt of shelled and unshelled walnuts domestically and overseas, up 15% from last year. During this period, exports amounted to 118,519 mt (+16%) and domestic consumption achieved a 10% increase and reached 33,237 mt. The decline in export volumes to the EU and Central and South America was offset by the significant increase in exports to the Asian and African regions.

According to California Walnuts, November&nb

View related articles
Go to the News Overview
Nuts

Pine nuts: China's shocking dependency

BEIJING/REUS. The pandemic has disrupted supply chains and highlighted incremental problems. Pine nuts are no exception to this. The market was, however, stunned to find out to what extent China depends on external raw material supplies. China's production consequently fell well short of expectations in the current season due to supply chain disruptions. Production estimates have now been slashed by nearly 50%. Things are, however, expected to improve in 2021/2022.
7/21/21, Der AUDITOR
Nuts

Hazelnuts: with pomp and circumstance

ORDU. President Recep Tayyip Erdoğan is expected to announce the TMO bid for hazelnuts with pomp and circumstance in Giresun next week. Although Turkey is mainly closed for Eid this week, the central bank has caused some commotion in the market by keeping the key interest rate unchanged at 19% - quite against Erdogan’s wishes. This move has certainly taken analysts by surprise. Suppliers are wondering in how far the central bank chief will be able to maintain his independence.
7/19/21, Der AUDITOR
Nuts

Pistachios: traders refute INC assessment

TEHRAN/REUS. Traders are highly concerned over Iran’s ability to compete in the international pistachio market. Although recently issued export data was rather encouraging, frost and extreme heat will certainly impact this year’s production. On top of this, farmers are confronted with several problems. Local traders very much contradict the International Nut and Dried Fruit Council’s (INC) optimistic outlook.
7/19/21, Der AUDITOR
Nuts

Pecans: high buying interest motivates growers

ATLANTA. Year-on-year, US pecan shipments rose by more than 26% during the first nine months of the season. This is motivating farmers to increase acreage to meet the high demand.
7/15/21, Der AUDITOR