Sunday, May 26, 2019

National Policies Have Local Effects

High-end organic producers, like Lester’s Dixon Ridge Farms, have held up better than larger-volume conventional growers, mainly because the organic market is more concentrated in the U.S. But prevailing prices for normal growers are way down. One farmer told me that the in the past two years, the price of “in-shell” standard walnuts had gone from about $1.50 a pound to about 60 cents—and that was before the latest round of U.S. tariffs and retaliatory Chinese response. Almonds have undergone almost as significant a collapse of both demand and prices. You can read more on the farm-world consequences of the trade war herehere, and here.

Wednesday, April 4, 2018

Mariani Walnutmilk Rolls Out

Fully integrated retail programs drive sales lifts of California walnuts

More Walnut Acres

Bearing acreage of walnuts in the Golden State has increased from 218,000 in 2007 to 335,000 in 2017, according to the National Agricultural Statistics Service. The estimated 650,000 tons harvested last fall was down from the record 686,000 tons produced in 2016, but it was still nearly double the 328,000 tons produced in 2007.
The renewed focus on demand came after a precipitous drop in prices in late 2015 and early 2016. For example, the price of Chandler in-shell walnuts fell from a high of $2.12 per pound in 2014 to 88 cents in early 2016, according to a summary of price trends by the Oroville, Calif.-based Merlo Farming Group. Prices have since stabilized, climbing to $1.32 per pound for in-shell Chandlers as of October.
The overall 2016 crop was valued at $1.24 billion, up from the previous year’s $1.01 billion, but down from a high of $1.9 billion for the 2014 crop, according to NASS.

Thursday, March 22, 2018

Walnut Market Set to Witness an Uptick during 2017- 2025

According to the research report, the global walnuts market was valued at US$6,197.1 mn in 2017 and is expected to reach a valuation of US$8,534.5 mn by the end of 2025. During the forecast years of 2017 and 2025, the global market is expected to rise at a CAGR of 4.1%. Out of the two categories, the shelled walnuts are expected to lead the global market as the segment is slated to exhibit a CAGR of 4.4% during the forecast period. Geographically, Asia Pacific held a share of 54.7% in the global walnut market in 2017 and is expected to dominate the global market in the forthcoming years.