Turbulence in Turkey!!! Frost warning is significant and Turkish Lira volatility

By the first half of March, the bloom time for new crop apricots had already begun in Malatya. The majority of the apricot crop is grown in Malatya's valley area, and the fruit is currently in the "flowering" stage in these fields. This week's weather forecast predicts a significant "frost" risk from Friday to Sunday. […]

Published: 24th March 2021

Seed Market Update - Lack of selling Interest and Sporadic buying pressure

Latest news from the seed desk.... Over the last week, markets have remained relatively flat, with little selling interest from farmers and only marginal buying pressure from foreign markets. With green lentil stocks likely exhausted going into the next crop year and red lentils only having a small carryover, the market appears to have little […]

Published: 9th March 2021

Dried Apricots - Q1 Market Update

The sector is seeing more price rises due to a lack of availability for apricot raw material. Growers do not carry any raw materials to sell at the market. There are rumours that farmers no longer have significant raw material supply on hand, but only traders and exporters have raw material stock. Traders and farmers […]

Published: 5th March 2021

WALNUT MARKET UPDATE

The December shipment report was released this week with very strong results. Overall shipments for December were up an impressive 22.5% at 87,029 tons. Total YTD shipments are now up 14.6% at 336,349 tons compared to 293,497 tons at this time last year. In short, shipments exceeded most expectations, with the Middle East and Asia […]

Published: 15th January 2021

Vineyard Observation Report April 2020

The awakening period The vines moved to the phase where the shoots become clearly visible at the end of the bunches with 4- 6 leafs emerging from each. This phase progresses very quickly which brings an extra vulnerability to the newly developing blooms against the frost risk. Any frost that may occur from now on […]

Published: 21st April 2020

Walnut Market Update

The Walnut shipment report has been released, with unexpected results. Total shipments were 60,126 tons, down 6.3% from last March, and YTD totals are now at 462,672 tons, down 6.8% from this stage last year. Total in-shell shipments for the month were 9,284 tons, down 44.9%, with YTD shipments at 261,658 tons, down 19.7%. For […]

Published: 16th April 2020

Almond Shipment Report

The Almond Board of California has released the March Position report with RECORD shipments of +208 million pounds compared to 184 million pounds last year for an increase of +12.6 percent.  Domestic demand in the USA was excellent, as suppliers tried to keep up with the incredible demand at the grocery stores for almonds, energy […]

Published: 14th April 2020

Turkish Vine Fruit Update April 2020

Export/Registration Numbers & Raw Material Information We have continued to see downward pressure on Turkish prices. Key indicators below go some way to show why: Exports are down 7% year on year for September 2019 to end March 2020. Export for March was up 12.6% Y-o-Y (2019 – 19,124 tonnes & 2020 – 21,552 tonnes). […]

Published: 8th April 2020

Turkish Apricot Update

Exports in March were 8,836 tons tons, compared to 8,396 tons last year. Year to date exports are 75,727 tons compared to 75,275 tons last year. Average price for whole apricots year to date is $2767 FOB compared to $2742 same period last year March has shown strong exports throughout, projecting a total export of 100,000 tons. […]

Published: 8th April 2020

Turkish Vine Fruit Update March 2020

Export/Registration Numbers & Raw Material Information We have continued to see downward pressure on Turkish prices. Key indicators below go some way to show why: Exports are down 9.1% year on year for September 2019 to end February 2020. Export for February alone was down 17% Y-o-Y (2019 – 19,500 tonnes & 2020 – 16,540 […]

Published: 9th March 2020