Pistachios: chasing records is not quite so clever

February 23, 2024 at 10:10 AM , Der AUDITOR
Play report as audio

TEHRAN/FRESNO. With California chasing records pistachios may soon experience a supply glut. Cautions prevails over this year’s crop. Iran’s exports to the EU have gained again.

Chasing records in California

California continues to chase records this season. Not only are crop receipts 68% up on last year at a record 1.49 billion pounds but year-to-date exports have also nearly doubled on last year by reaching 509 million pounds in September to January. At 105 million pounds domestic shipments, however, range 2% lower than last year’s 107 million pounds. This brings total shipments to 614 million pounds this season so far. Stunning as this figure is, it only amounts to 37% of the gross inventory, which is estimated at 1.65 billion poun

View related articles

Go to the News Overview
Oilseeds
Dec 23, 2024
SEEHEIM/WARSAW. The year 2024 had a lot to offer: new regulations and record prices were the order of the day in many markets, and climatic extremes were noticeable in many areas. Our business partner from the almond market explains how market players have been facing these hurdles and what they expect for the coming year 2025. Read the full interview here.
Nuts
Dec 19, 2024
ORDU. With the new year just around the corner January will provide new impulses for hazelnuts. Speculators are disrupting proceedings.
Nuts
Dec 19, 2024
SACRAMENTO. Excitement is bubbling over as the November position report issued by the Almond Board of California is the best news the industry has had in a while. November shipments have beat October, which has not happened since 2020.
Nuts
Dec 18, 2024
MANILA. Old coconut palms and adverse weather conditions pose challenges for coconut production in the Philippines. A new holistic concept aims to remedy this. Demand remains high.