Walnuts: traders demand surcharges for the new crop

July 14, 2021 10:12 AM, Der AUDITOR
Play report as audio

SACRAMENTO. Some US walnut varieties will be offered with a noticeable surcharge at the beginning of the season. Demand for these products is high, while at the same the crop volume expected to decline.

Export volume 20% higher than last year

Walnut exports this season are well above last year's results and the latest monthly exports also show an increase. Since the start of the season, a total of 367,071 mt of shelled and unshelled walnuts have been shipped domestically and internationally, which is an increase of 21% compared to 2019/2020. Of this, 280,386 mt (+27%) were exported, while domestic demand grew by 5% to 86,685 mt. June figures are also impressive, with domestic deliveries experiencing a 12% increase to 8,330 mt. Export growth was moder

View related articles
Go to the News Overview

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

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

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

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