Macadamias Nuts, Market Update 21.09.2023

Despite prices being at record lows due to over- supply, economic weakness (whereby more expensive non-essential items do not move off the shelves as fast) and the advent of China as supplier rather than importer; there have been reports that China have been rather active in the market buying kernels and have ‘mopped up’ a […]

Published: 21st September 2023

Cashew Market Update, 21.09.2023

The cashew market is quiet. Vietnam would appear to have an oversupply of raw material currently and whereas exports have been steady, the question is – how much is still in stock in main consuming markets?   Despite some reports of higher levels for African cashews, we are seeing steady pricing with some grades becoming […]

Published: 21st September 2023

US Pistachios, Market Update

The 2022/2023 American pistachio crop was a record-breaker, with shipments totaling 901.6M pounds (410,000 MT). This represents an almost 8% increase over the previous year and the highest shipment number ever. Key markets for American pistachios remain domestic at 28%, Europe at 22%, and Asia (China/HK) at 30%. Other important markets include the Middle East […]

Published: 20th September 2023

Seed Market outlook 15.09.2023

Around half (52%) of adults across Great Britain say they are spending more than usual to get what they normally buy when food shopping. Rising food costs was the most commonly reported reason among the 51% of adults who said their cost of living had risen compared with a month ago.   Flaxseed – Not […]

Published: 20th September 2023

Turkish Hazelnut Market Update, 13.09.2023

The price of in-shell hazelnuts in Turkey has increased significantly in the past week, following Ferrero's announcement of its buying price. The price has gone up to about 85-86 Turkish liras (TL) per kilogram, compared to 70 TL per kilogram around a month ago. This price increase is due to a few factors. First, Ferrero's […]

Published: 14th September 2023

Turkish Apricot, Market Outlook 11.09.2023

Exports of fruit in August were 5,537 tons, compared to 5,429 tons last year. This represents an increase of 1.8%. Export prices were 14% higher on average than August last year. This is due to a number of factors, including the tight supply of good quality fruit and strong demand from overseas buyers. The supply of […]

Published: 11th September 2023

Kabuli Chickpeas, Marker Outlook, 07.09.2023

Canadian chickpea production is forecast to be 132,575 tonnes, up 3.6% from last year. This is due to an increase in acreage planted, as well as favourable growing conditions in some areas. Prices for chickpeas have been stable in recent weeks, but higher compare Argentinian and Turkish market. The harvest is about 50% complete in […]

Published: 8th September 2023

Lentils, Market Outlook, 07.09.2023

The Canadian lentil crop is forecast to be the smallest in five years at 1.536 million tonnes. This is due to a combination of factors, including drought conditions in Western Canada and lower than expected yields. The exportable quantity of lentils is expected to be 1.4 million tonnes, including a very small carryover of about […]

Published: 8th September 2023

Hazelnuts, Market Update

Ferrero Hazelnut / Turkey has announced their price for in-shell hazelnuts at 80 TL / kg, 50% good kernels yield basis. This price is somewhat higher than expected, but it is still lower than the price offered by the Turkish Grain Board (TMO). Deliveries to TMO will be stopped from now on. The 2022-23 season […]

Published: 6th September 2023

Chelmer Foods Seed Market outlook 04.09.2023

Prices in British stores rose in August at the slowest pace in nearly a year, according to industry data, that offers further relief for consumers hit by high inflation and for the Bank of England which is trying to quash it. The British Retail Consortium said annual shop price inflation cooled to 6.9% in August, […]

Published: 1st September 2023