Walnut Shipment Report 13.11.23
The 2023 California Objective Crop Estimate for walnuts is set at 760,000 inshell tons, derived from a bearing acreage of 375,000 acres. This represents a decrease from the estimated bearing acreage of 400,000 acres in 2022. As of October 31, walnut receipts total 689,547 inshell tons. Many California handlers indicate ongoing walnut arrivals into the initial two weeks of November. Historically, over the past 10 seasons, an average of 89% of the crop is received by October 31. If this pattern persists, the 2023 crop is projected to reach 774,772 inshell tons.
Despite this, the October 2023 Walnut shipments increased 14.3% from October 2022 to 85,039,000 lbs (38,573 metric tons) with the quality out of California being excellent, and many suppliers stating it's the best quality they have seen in over a decade.
www.summittreenuts.com
www.dercofoods.com