Tight supply helps firm kernel prices
Kernel prices strengthened to crop year-to-date highs in the global macadamia market during the week ending on Friday as processors raised offers for limited supply.
Kernel prices strengthened to crop year-to-date highs in the global macadamia market during the week ending on Friday as processors raised offers for limited supply.
U.S.-origin prices advanced to new highs in the global walnut market during the week ending Thursday, as Californian handlers limited their offers in expectation of a shorter crop.
The assessed price of STD5 showed the strongest gain in the global almond market during the week ending on Tuesday, while prices for higher-grade kernel items softened.
Assessed kernel half prices declined in the global pecan market during the week ending on Monday, even though shellers struggled to fulfill previously booked contracts for those items.
U.S.-origin inshell prices rallied to new highs in the global walnut market during the week ending on Thursday, driven by demand from India and Italy.
Prices strengthened in the global almond market during the week ending Tuesday, shrugging off a new report from California that showed weaker sales and shipments and a larger-than-expected carry-in from the 2023 crop.
Tight supply helped lift nut inshell (NIS) prices to six-month highs in the global macadamia market during the week ending on Friday in limited trade.
U.S. inshell and kernel prices firmed to multi-year highs in the global walnut market during the week ending on Thursday as a new shipment report showed the U.S. starting its new crop year with its lowest level of inventory in years.
Prices surged to near three-year highs in the global almond market during the week ending on Tuesday as buyers scrambled to secure supply for prompt shipment.
Assessed pieces prices increased in the global pecan market during the week ending on Monday as domestic buyers looked to scoop up remaining current crop items.