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December 2021 saw another low month of Cashews exported from Vietnam, than in comparison to December 2020. Vietnam imported less Indonesian Cashews due to high prices, and total imports totaled 3.1 million tons. This is an 81% increase on 2020. This assures the market that Vietnam has more than enough crop available to supply until […]
USA Almond shipments were worse than expected by many. Net sales for December 2021 were at just under 250 million pounds, in comparison to around 170 million pounds in December 2020. Overall commitments were down by 11% year on year, and the industry is estimated to be down by around 17-18%. The US domestic market […]
This year we have seen the 2021 crop carry-in be the worst in over 10 years, as was expected last year. This is a concerning figure, as the new crop is smaller than that of 2010, with an additional 20% more acreage. The low crop carry-in and forecast have resulted in a short shocked cranberry […]
At present the Cashew market remains quiet and unchanged due to premium prices being offered by growers. Prices are expected to reduce in the coming months in anticipation of an influx of new crop coming into the market. Alternative origins to Vietnam and Cambodia are available at lower a lower price, however we have seen […]
We have seen a large amount of competition for early materials, and so this has influenced the anticipated new crop price. The 12/12month gestation period means that the market must tread cautiously when predicting new crop yield given the heavy rains seen in jungle areas. At present, heavy rains haven’t been causing large scale flooding […]
In December 2021 the Turkish Apricot market saw 8,924 tons exported, in comparison to 8545 tons in 2020. This is an increase of 4.5%. December also saw year end exports of 46,349 tons in comparison to 43,312 tons in 2020. This is an increase of 7%. At present, exports show no sign of slowing given […]
Almond Key Points USA – January and February drought issues are cause for concern for the 2022/2023 crop This year’s crop saw a good bloom Low water allocations and record high temperatures in June meant the crop couldn’t develop as well as expected. Water availability and cost of water could well have a significant effect […]
In the last couple of months, we have seen the Lira trading at a huge low to the USD, and now it has made the mother of all come backs! On Monday the 20th of December, we saw the Lira trading as high as 12.77. This is due to the announcement of President Erdogan’s plans […]
In early 2021 we saw the lowest starting crop price in over 10 years, with the lowest point in January. We then saw a strong growing demand for Brazilnut Kernels given the low price, which then drove buyers to purchase forward intensely. This quickly led to growers increasing their prices and then rumors of a […]
There has been a 18% decrease in cashew imports by Vietnam compared to November 2020, totaling 139,000 tons. YTD figures currently show as up 95%. Vietnam has imported 771,000 tons from the Ivory Coast this year so far with an additional amount of 700,000 expected. Vietnam saw 53,000 tons of cashews exported this month, now […]
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