For example, farmers ended up getting paid $1.18 per pound for the McDonald kernel variety and $1.16 per pound for the Sacajawea kernel variety, both of which also have a high “shell-out ratio” of kernels to shells. With a stable TL, equivalent USD prices have fallen from above $7/kg now to $6.40/kg in the span of 2 weeks. Offers have declined from the high levels of 48-50 TL now to 42-43 TL. To compare, growers received 90 cents per pound for the Barcelona in-shell variety and 97 cents per pound for the Jefferson in-shell variety. High 43F. 2020 / 21 Hazelnut Trees Available. Hazelnuts July 9, 2020 21 Aug 2020. After a short, but quick, fall of pricing last month, seems the Turkish haz.... More; Almonds July 9, 2020 21 Aug 2020. Low coverage of most large buyers for Q4 2020. As of 31.01.2020, we exported 196.408 tons of hazelnut, in 2018/2019 season same time export was 144.751 tons, in 2017/2018 season same time export was 151.866 tons, as it can be seen in the graphic. Hazelnuts harvested from the orchards head to the processors in the fall. A lot has happened in the Turkish hazelnut market since our last report. Hazelnut prices have corrected from the highs in May, which has prompted some European buyers to cover at these levels. Interested in buying bulk nuts and seeds? I've been working at Capital Press since 2006 and I primarily cover legislative, regulatory and legal issues. Wheat marks 40 years of farmer-customer partnerships, Researchers study impact of delaying nitrogen application in wheat, Many turn to real Christmas trees as bright spot amid virus, Editorial: Trust the governed when making COVID rules. The price … Posted on May 14, 2020 by Nancy. “We don’t need any more in-shell varieties being planted,” he said. I have all varieties available for sale at this time. Brief Description of Varieties; Quick Links Library; Spacing & Density; Suggested Pollinizers ← 1895 Magazine. By the end of the marketing season, though, farmers across the hazelnut industry can expect to be paid more than the current two-tier minimum of 90 cents per pound of kernel varieties and 65 cents per pound for in-shell cultivars, said Ross of HGBA. The prices have corrected more than expected, and we are witnessing support below the $6.50/kg level. After a fairly long period, we witnessed sizeable trades in local Turkish and European markets. “There were some disruptions with the Chinese market, as far as importing schemes,” said Terry Ross, executive director of the Hazelnut Growers Bargaining Association, which negotiates prices on behalf of farmers. Shorter crop expectation for 2020-21, supply and demand points to a shortage even when factoring in a 10% decrease in demand due to COVID. Hazelnuts produced for kernels will fetch at least 90 cents per pound in Oregon this year, or 25 cents more than the minimum price for the in-shell crop. We believe both bullish and bearish factors are weighing on the market, and market will move rangebound. No large stocks are available at these levels, but we have seen some speculators now keen to offload their position. Interested in the latest market info? Initial prices split for 2020 hazelnut crop, New COVID-19 workplace rule poses challenges for Oregon farms, ranches, U.S. Chance of rain 80%. Winds light and variable.. Check out our Market Insights   |    Check out our new blog. Currently global demand points to a single digit percentage reduction in chocolate consumption, and a larger reduction in the HoReCa / food service segment. However, the mass chocolate consumption seems unaffected, and we have some feedback that the bread spread consumption might even slightly increase. * We are NOT able to sell into Canada. * We do NOT sell our hazelnut trees outside of Oregon and Washington. However, California’s almond and walnut crops are large in 2020, which makes it difficult to charge a premium for hazelnuts when other nut types are less expensive, said Ross of HGBA. The INC declared an estimate of 620K MT inshells for the next season for Turkey, in line with market expectation. Check out our, © 2020 Olam International All Rights Reserved Co. Reg. Minimum initial prices for hazelnuts will vary in 2020 depending on whether they’re intended for the in-shell or kernel markets. 15th of August 2019, prices natural hazelnut 11-13mm started at the level of 6.490 USD/tons (5.850 Euro/tons), Today 11-13mm Natural hazelnut kernels prices DDU Europa delivery 7.480 USD/Tons … Winds light and variable. “The market is saturated as far as in-shell.”. Any reduction in Turkish or Italian crop estimates can trigger price increases. BIRKEMEIER NURSERY LLC is propagating for the coming fall planting season. Out of the overall crop of +800K MT inshell, we expect a carry over of around 70-80K MT into next season. Offers have declined from the high levels of 48-50 TL now to 42-43 TL. The HGBA intends to maximize the price upswing for farmers, even under tough market conditions, Ross said. Hazelnut Market Update - June 2020. Low 33F. However, the market believed the Italian crop to be around 100K MT, while INC has estimated it to be around 130K MT. Uncertainties about shipping in-shell hazelnuts to China, their primary destination, has caused their initial minimum price to diverge from that of the kernel crop, which faces a more stable market, experts say. “It puts the entire supply chain into question, as to how it’s going to work.”. The value of Turkish currency is also down, which makes their hazelnuts more competitive on the world market, he said. While most nuts are still very low priced and only expect slight price impr.... More; Almonds October 2, 2020 19 Oct 2020. There was a problem saving your notification. On a backdrop of a massive hazelnut crop, this carry over is lower than expected. Aside from market differences, the two-tiered pricing system is meant to encourage farmers to focus on expanding kernel variety acreage, Ross said. * All Hazelnut trees sold in quantities less than 20 are $10 each. “The overall world supply is roughly equal to what it was last year.”. The COVID-19 impact on demand seems to be higher than initially projected – food service, HoReCa, premium chocolates and travel/tourism related chocolates have been getting hit. You have permission to edit this article. For the best experience on our site, be sure to turn on Javascript in your browser. Hazelnut prices have corrected from the highs in May, which has prompted some European buyers to cover at these levels. Walnuts October 2, 2020 19 Oct 2020. hazelnut prices 2020 New Crops 2020 Price raw hazelnut with affordable prices without shell in Bulk hazelnut US $2450-$3350 / Metric Ton 5 Metric Tons (Min. Full Forecast; Login ... earned about $1.84 billion from hazelnut exports from September to April. Overcast. Register for OlamNuts.com to access high quality products, view live pricing and availability, and request free samples! After a fairly long period, we witnessed sizeable trades in local Turkish and European markets. Interested in the latest market info? For the best experience on our site, be sure to turn on Javascript in your browser. With some major importers being driven out of business due to these issues, the logistics of exporting hazelnuts to China are now unclear, said Larry George, president of the George Packing Co. in Hubbard, Ore. “We just don’t know how we’re going to get that product into China,” George said. Minimum initial prices for hazelnuts will vary in 2020 depending on whether they’re intended for the in-shell or kernel markets. Planned meetings with Chinese officials were greatly delayed by the coronavirus pandemic, slowing the tariff-relief process available under China’s trade deal to increase agricultural imports from the U.S., he said.