Global almond production for 2021/22 is forecast 8 percent lower to 1.6 MMT
26.10.2021 14:47 "Agro Perspectiva" (Kyiv) —
According to the report of the USDA Tree Nuts: World Markets and Trade (October 2021), global almond production for 2021/22 is forecast 8 percent lower to 1.6 million metric tons (tons) shelled basis, as losses in the United States and the European Union more than offset gains in Australia and Turkey. Record consumption combined with lower output is expected to draw inventories down 20 percent from last year’s record level. Global exports are expected to rise 3 percent to a record 1.1 million tons on strong shipments from the United States and Australia to the European Union and China. U.S. production is forecast down 10 percent to 1.3 million tons as average nut set per tree decreased 18 percent and kernel weight dropped 3 percent, more than offsetting a 6‐percent rise in bearing acres. The crop started off with very dry weather in February, providing excellent bloom conditions and plenty of opportunity for pollination. However, lack of rainfall continued through the spring and brought about concern for water availability. Due to low water allocations and record high temperatures in June, the crop did not develop as well as expected. Some growers decided to save their trees by stripping nuts before the harvest. Disease and pest pressure were reported to be low. Exports are forecast to rise 2 percent to a record 965,000 tons largely on additional shipments to the European Union and China, drawing U.S. ending inventories down from last year’s record. Australia production is forecast to rise 14 percent to a record 145,000 tons on higher area and yield. The Sunraysia region in Victoria accounts for over 60 percent of total production, the Riverland region in South Australia produces about 25 percent, and the Riverina region of New South Wales produces nearly 15 percent. Sunraysia and Riverland are preferred growing regions as they have well‐drained sandy soil, a warm climate with low rainfall (reducing the risk of rain during harvest), an adequate cold chill period over winter, and low risk of hail. These regions rely on irrigation water supplied from the Murray River. The Riverina region, although well suited for almond production, has a higher rainfall and heavier soils that can impede harvest and reduce the quality of in‐shell almonds from water stains. Exports are forecast to gain 20 percent to 90,000 tons on stronger demand from the European Union and China. EU production is forecast down 15 percent to 124,000 tons as frost cut yields in Spain and Italy. Despite an expected 6‐percent rise in imports to 315,000 tons, consumption is forecast flat on reduced supplies. World almond, walnut, and pistachio production and trade is concentrated in a handful of countries, with the United States holding a commanding position in terms of production and exports. Marketing year 2020/21 was used as the reference year for comparisons of commodity volumes. Almond production as well as trade was dominated by the United States, followed by a modest contribution from Australia. Walnuts were primarily produced in and exported by China, the United States, and Chile. Pistachio production was concentrated in the United States, Turkey, and Iran, while exports were dominated by the United States and Iran. Import markets were more diverse as compared to producers and exporters, although almonds, walnuts, and pistachios relied on the European Union as a major destination. Top almond markets included the European Union, India, and China, with 30 other countries importing notable quantities. Top walnut markets included the European Union, Turkey, and the United Arab Emirates (UAE), with 28 other importing countries. Major pistachio markets included China, the European Union, and India, with 32 other importing countries. Since supply and demand concentration has remained steady over the last decade, it seems likely this situation will continue over the next several years. The United States is unlikely to lose market share to Australia’s limited almond output. Top almond importers will also likely continue to account for most trade gains, though minor markets UAE and Japan could see noteworthy improvements. Although China and the United States dominate walnut production and exports, additional output in Chile and Ukraine could translate to higher exports to secondary markets such as the UAE, South Korea, and Japan. For pistachios, the United States and Iran seem content to trade positions of top exporter, depending on which has the on‐year of the alternate bearing crop cycle. Top pistachio importers should continue accounting for most trade increases, though minor markets Turkey and Saudi Arabia have the potential to see imports rise above recent levels.
02.12.2024 |
|
|
|
|
|
23:17 |
Prime Minister: Some 50 partner countries have joined the humanitarian demining coalition |
|
22:56 |
Norway pledges additional $4.5 mln to Ukraine's Grain from Ukraine initiative |
01.12.2024 |
|
|
|
|
|
03:30 |
EU agri-food trade slowed down in August 2024 |
26.11.2024 |
|
|
|
|
|
00:06 |
Global sugar production, compared to last year, is estimated up 2.8 million tons to 186.6 million |
24.11.2024 |
|
|
|
|
|
04:43 |
During the Operation of Our Grain From Ukraine Program, We Have Managed to Save 20 Million People from Hunger – Zelenskyy |
|
04:15 |
Ukraine Is Ready to Share Technologies, Military Experiences and Processing Methods with African Countries – the President |
22.11.2024 |
|
|
|
|
|
10:15 |
South Africa Sugar Production and Exports Estimated Down |
19.11.2024 |
|
|
|
|
|
23:04 |
Global Olive Oil Production Forecast to Rebound in 2024/25 |
|
22:47 |
Vitalii Koval discusses Ukraine's European integration with European colleagues |
|
16:06 |
EBRD, European Union and United States help Kyiv prepare for winter |
18.11.2024 |
|
|
|
|
|
09:21 |
Agriculture Development Strategy 2030 – a roadmap to the EU |
|
09:19 |
Ukrainian farmers have sown 96% of projected winter crop area |
01.11.2024 |
|
|
|
|
|
20:31 |
Ukraine has officially joined the International Fund for Agricultural Development |
|
20:29 |
Ukrainian farmers harvested 63.7 million tonnes of grains and oilseeds |
25.10.2024 |
|
|
|
|
|
22:50 |
Agriculture hit hard: October port strikes rack up 30-40 million dollars in losses |
|
21:04 |
Ministry of Agrarian Policy expects exports to rise in dollar terms |
|
10:57 |
Ukrainian corn seed flows to Europe in further farm trade shift |
24.10.2024 |
|
|
|
|
|
23:02 |
Tree Nut Import Markets Highly Concentrated |
23.10.2024 |
|
|
|
|
|
11:18 |
Prime Minister UK warns Russian threat to global stability is accelerating as Putin ramps up attacks on Black Sea |
15.10.2024 |
|
|
|
|
|
09:35 |
Brazil Continues to Dominate Growth in Global Chicken Meat Exports in 2025 |
11.10.2024 |
|
|
|
|
|
23:33 |
China Cottonseed Imports Show Strong Demand in Recent Years |
|
20:30 |
India Removes Rice Export Ban, Spurring Additional Trade |
30.09.2024 |
|
|
|
|
|
17:27 |
List of agricultural machinery with cost compensation expanded to 11,300 items |
29.09.2024 |
|
|
|
|
|
20:21 |
1 in 11 people worldwide faced hunger in 2023, 1 in 5 in Africa If current trends continue, about 582 million people will be chronically undernourished in 2030, half of them in Africa |
|
17:13 |
EU agri-food surplus increased in the first half of 2024 |
27.09.2024 |
|
|
|
|
|
09:02 |
BASF presents new corporate strategy: BASF is setting a new direction for portfolio steering, capital allocation and performance culture |
26.09.2024 |
|
|
|
|
|
10:25 |
BASF sets new direction with corporate strategy and maintains high level of shareholder distributions |
21.09.2024 |
|
|
|
|
|
18:30 |
Three new sites recognized as Globally Important Agricultural Heritage Systems (GIAHS) |
17.09.2024 |
|
|
|
|
|
09:52 |
Cargill and Ducks Unlimited Working Together to Restore Watersheds Across North America |
|
08:44 |
FAO calls for G20 cooperation as hunger targets continue to elude |
|
06:40 |
FAO sees open trade as a cornerstone of global food security |
13.09.2024 |
|
|
|
|
|
07:08 |
U.S. Soybean Meal Hits 10‐Year High for Export Sales |
12.09.2024 |
|
|
|
|
|
21:26 |
U.S. Corn Exports Buoyed by Large Supplies |
11.09.2024 |
|
|
|
|
|
04:30 |
Global cereal production 2024 forecast on par with 2023 output, cereal trade likely to contract |
06.09.2024 |
|
|
|
|
|
11:35 |
FAO Food Price Index down marginally in August: lower sugar, meat and cereal quotations offset higher dairy and vegetable oil prices |
|
10:34 |
Cargill acquires two US feed mills, strengthens production and distribution capabilities to grow with customers |
05.09.2024 |
|
|
|
|
|
09:23 |
PM: Plan to develop small generation facilities to reduce vulnerability to terrorism |
30.08.2024 |
|
|
|
|
|
05:03 |
Taras Vysotskyi discusses agricultural cooperation with Hungarian counterpart István Nagy |
19.08.2024 |
|
|
|
|
|
12:00 |
OTP BANK RECEIVED A $2.76 MILLION GRANT FROM USAID INVESTMENT FOR BUSINESS RESILIENCE ACTIVITY FOR CONCESSIONAL LENDING TO MICRO, SMALL, AND MEDIUM-SIZED ENTERPRISES |
16.08.2024 |
|
|
|
|
|
17:10 |
Cargill and Goanna Ag Pilot Irrigation Efficiency Technology on Mississippi Delta Cotton Fields |
12.08.2024 |
|
|
|
|
|
20:04 |
Ukraine Soybean Exports Forecast at Record in 2024/25 |
|
19:48 |
Domestic Demand and Trade Restrictions Reduce India Grain Exports |
11.08.2024 |
|
|
|
|
|
09:15 |
USAID Announces $3.9 billion in Direct Budget Support to the Government of Ukraine |
09.08.2024 |
|
|
|
|
|
17:41 |
USAID Announces $3.9 billion in Direct Budget Support to the Government of Ukraine |
07.08.2024 |
|
|
|
|
|
08:19 |
Turkey’s Mandarin Production and Exports to Rebound |
26.07.2024 |
|
|
|
|
|
09:28 |
Ongoing Economic Crisis in Argentina Impacts Dairy |
15.07.2024 |
|
|
|
|
|
10:28 |
Decline of China Pork Imports Continues in 2024 |
|
08:20 |
Lower Prices Propel Mexico 2023/24 Soybean Meal Imports |
13.07.2024 |
|
|
|
|
|
10:15 |
China Imports of Major Feed Grains at Record for Oct-May period |
12.07.2024 |
|
|
|
|
|
01:08 |
Climate risks projected to affect fish biomass around the world's ocean, FAO report says |
Also available:
|