Cashews: crop estimates for 2021 consolidate

March 29, 2021 at 12:49 PM , Der AUDITOR
Play report as audio

HANOI/ACCRA. In March, the official crop estimates for 2021 are being announced. While declines are expected in Southeast Asia, African origins can score - at least in terms of production volume.

Significantly smaller crop in Vietnam

After many rumours regarding the global cashew crops made the rounds in February, a clearer picture is emerging this month. The harvesting process in Southeast Asia has been delayed by up to four weeks, which represents an opportunity for African producing countries. Vietnam is also expected to have a much smaller crop than last year; the African Cashew Alliance estimates that about 300,000 mt can be harvested. That would be a whopping 30% decline compared to the record crop in 2020 and also sig

View related articles

Go to the News Overview
Nuts
Nov 25, 2024
NEW DELHI/BUENOS AIRES. Prices for Indian peanuts are currently volatile and there is disagreement as to whether they will rise or fall in the coming weeks; both seem possible. Argentine market players are facing numerous challenges.
Nuts
Nov 25, 2024
FRESNO. Domestic demand is strong for US pistachios. Exports to China have slumped. Water is an issue in California.
Nuts
Nov 22, 2024
ORDU. While producers are patiently waiting for Ferrero to conduct the next move, producers are holding back incredible volumes of hazelnuts in Turkey.
Nuts
Nov 21, 2024
BRUSSELS. Eager suppliers are urging customers to act fast for pine nuts in China and Turkey. As recent import statistics show Russia’s export duties have failed to impress buyers in the EU this season so far..