Market steadies as new crop clarity builds
Prices for assessed pecan kernel items moved in mixed directions but largely held in the global pecan market during the week ending Monday as new trades surfaced for pecans that will ship from the new crop.
Prices for assessed pecan kernel items moved in mixed directions but largely held in the global pecan market during the week ending Monday as new trades surfaced for pecans that will ship from the new crop.
South Africa-origin kernel prices strengthened in the global macadamia market during the week ending Friday on demand from Australia.
Prices of U.S. high half-count kernel items firmed in constrained trade during the week ending Thursday, as several handlers tested the waters with their first new crop offers following last week’s objective estimate of California’s 2025 walnut crop.
Vietnam-processed kernel prices edged higher in the global cashew market during the week ending Wednesday amid increased European buying interest while speculation of possible U.S. tariff exemptions on Vietnamese cashew imports further strengthened bullish sentiment.
The NP XN1 20/22 premium to the NP XN1 27/30 widened to 25 cents in the global almond market during the week ending Tuesday as prices for all assessed items rose.
Assessed prices for halves softened in the global pecan market during the week ending on Monday but remained above their prior month averages.
Prices for assessed Australia-origin macadamia kernels firmed in the global macadamia market during the week ending on Friday as reduced late-season availability supported sellers.
Prices for all assessed U.S. and China-origin items firmed in cautious trading during the week ending Thursday as new crop years began in both countries.
Pockets of demand and a continued reluctance to sell pulled prices higher in the global almond market during the week ending Tuesday, extending a price rally.