Date: 9th June 2023
Date: 8th June 2023
Pecan Nuts Market Update, June 2023
Current Market Conditions Demand has been consistent in the pecan market over the last month. Multiple large volume buyers have yet to fully cover positions for 2023, which is keeping prices stable. Inventory levels are at their lowest levels since 2012, when pecans were trading above $7.00/lb. The following inshell raw material remains open in […]
Read MoreDate: 5th June 2023
Turkish Vineyards observation report, 5th June 2023
The vineyards have made significant progress during the month of May. Shoots have developed from the buds that awakened in early spring, and the clusters resembling tiny buttons have become visible. The vineyards are currently in the delicate period of flowering, where the flowers will soon develop into berries. This phase is crucial for the […]
Read MoreDate: 2nd June 2023
Desiccated Coconut Market Update
After a period of slow demand, origins in Indonesia and the Philippines are experiencing a resurgence of demand from various markets. This renewed demand has led to mills in Indonesia being mostly sold out for June positions, with July positions also expected to be sold out soon. Similarly, mills in the Philippines are close to […]
Read MoreDate: 1st June 2023
Macadamia Nuts, Market update
Macadamia supply is increasing significantly in traditional origins (such as South Africa, Australia, Kenya, Brazil) as Trees come to fruition. Additionally China ( a major consumer) is also now producing its own crop in volumes similar to South Africa and Australia. In recent years Inshell macadamias have been sold heavily into China but the Pandemic […]
Read MoreDate: 31st May 2023
Hazelnuts: more than just a typo
Mundus Agri. News from Turkey is devastating. Not only did president Recep Tayyip Erdoğan win Sunday’s runoff with a 52% majority, but last week’s International Nut and Dried Fruit Council Congress in London came as a wakeup call for hazelnuts. Excessive carry-in stocks Trouble is not so much that the INC had to revise […]
Read MoreDate: 30th May 2023
Turkish president elections results and the Economy
The Turkish economy is facing a number of challenges, including high inflation, a weak currency, and a current account deficit. These challenges are likely to continue in the wake of President Recep Tayyip Erdogan's re-election. Erdogan has been a controversial figure, and his economic policies have been criticized by many economists. He has repeatedly cut […]
Read MoreDate: 24th May 2023
Dried figs: cool temperatures threaten crop
Mundus Agri. The 40th International Nut and Dried Fruit Congress is being held in London this week, where crop estimates for various nuts and dried fruit are also being discussed. Meanwhile, the market is not entirely carefree about the coming season. Wait and see As in many other areas of Turkey, the weather in the […]
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