News
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US walnut prices edge higher as quality issues limit upside
Most U.S.-origin items in the global walnut market firmed in the week to Thursday as the level of buy-side inquiries ratcheted up a notch in the Middle East and Turkey.
Positive position report not enough to improve market sentiment
Following a string of bearish position reports, the latest update brought better news for sellers but failed to show a meaningful rebalancing of supply and demand fundamentals required to lift prices from record low levels,
Prices stabilize on positive position report and demand from China, Middle East
Inshell prices showed the biggest gains in the global almond market in the week to Tuesday as a positive position report halted a multi-month price decline.
Kernel prices hit 10-week low on increased supply
Lower half-count kernel prices fell in the global walnut market in the week to Thursday, widening the spread with premium items as December shipments from the U.S improved.
Weather brings more offers, lower prices
Heavy rain and snow in California prompted an increase in offers in the global almond market the week ending Tuesday and caused prices for most assessed items to fall, with large Nonpareil kernels sustaining the steepest losses.
Inshell and kernel prices separate as US packers eye sales improvement
Prices of U.S. inshell and kernel items diverged in the global walnut market the week to Thursday as packers worked to improve their sold positions with trade resuming after the year-end holidays.
