NPIS prices edged higher in the global almond market the week ending Tuesday as new crop trade activity remained concentrated on inshell.
Month: August 2022
U.S. origin inshell and kernel prices firmed in the global walnut market the week ending Thursday as trade activity increased.
Inshell prices firmed in the global almond market the week ending Tuesday after two consecutive weeks of declines on demand from India and China.
Prices in the global walnut market slipped to fresh lows in the week to Thursday as U.S. sellers accepted lower bids for their new crop inshell to kickstart sales for the new season amid expectations of a large crop and unsteady demand.
Walnut shipments from California in July slumped 15% month year-on-year as Port of Oakland shutdowns and lower domestic demand took their toll during the penultimate month of the 2021-2022 crop year.
Chilean walnut shipments continued to gain momentum in July, driven by increased volumes destined for Turkey and India as year-to-date shipments pushed above year-ago levels for the first time this crop year.
A sharp drop in July new crop sales left California almonds sellers in their lowest new crop sold position on record at the start of a new marketing year, according to the latest position report.
NPIS prices weakened in the global almond market the week ending Tuesday as the push to sell old and new crop inventory outweighed a bump in inshell demand from India and China.
New crop U.S. walnut prices dipped in the global market the week to Thursday amid slow demand and reports of a larger than expected Chinese harvest.
Inshell prices declined in the global almond market the week ending Tuesday as demand from India and China failed to match selling interest with California’s new crop harvest underway.