CALIFORNIA WALNUT REPORT +30% Shipments for December
The Walnut Board of California has released the December Monthly Shipment Report:
December of 2015 compared to December 2014 Shipments- December 2015 shipments were 66,315 Inshell equivalent tons compared to 51,085 Inshell equivalent tons last year. Representing an increase of 30%!
Year to date Shipments 2015/2016 vs. 2014/2015 Marketing Year- Inshell Equivalent Tonnage for the 2015/2016 crop is 274,122 compared to 246,811 last year. Representing an increase of 27,311 inshell equivalent tons for + 11.0%.
- North America Shipments - for the month of December 2015 were down 8.0%
- Export Shipments – for the month of December 2015 were UP 53.0%
- Europe- Shelled - for the month of December 2015 were UP 41.06%
- Middle East/Africa Shelled- for the month of December 2015 were UP 74.92%
- Asia/Pacific Rim Inshell-- for the month of December 2015 were UP 39.23%
CROP RECEIPTS- Receipts are 598,311 Inshell tons as of December 31st , 2015. The CASS Crop Estimate was at 575,000 Inshell tons. The actual crop was 3.9% larger than the estimate
Crop - New crop harvest is complete and the crop receipts on this report are good indication on overall crop size.
Rain: California continues to receive rain and snow this past week. Parts of the valley are ahead of schedule for rain compared to their annual averages at this time while others are close to normal. Snow pack in the mountains continues to grow with each new storm. The meteorologists are predicting another rain storm for Wednesday and then more rain is forecasted for next week. They are estimating the next storms will bring another inch of rain to the Sacramento area. The 9th biggest reservoir in California, Folsom Reservoir, raised 28.4 feet in the month of December.
Pricing – Pricing has leveled off over the past few weeks, and has been stable. China has been active on inshell and Europe/Middle East has begun to inquire and buy their LHP Chandler and Non-Chandler items. Packers are in a nice sold position on their LHP Chandler material, especially LHP Chandler 80%, their Inshell Chandler, and Inshell Hartley’s. The market has been steady on those items.
If you have any demand for any specific items please advise us so we may assist you.