The market has been really active in terms of commitments and the scarcity is palpable. Crop was shorter than expected originally, so had no growth from last year. Logistics has been affected dramatically but anyway, shipments has been good, what suggest us the potential of shipments could have been much more. Price adjustments continue and
2021 is showing a very dynamic market with diverse demand and a positive trend on commitments and prices. A shorter crop than estimated together with an strong early demand is pushing the market up in both inshell and kernel market.
Shipments continued strong during January and projected carryover seems to be none. New crop looks promising in volume and quality. Prices are attractive according to market situation.
New crop of Chilean walnuts is approaching fast. Quality seems to be good, with sizes bigger than last season. Volume is expected to grow 10% to 15% although it is difficult to estimate. Climate was normal during spring and summer although lately we have faced climate instability with unusual rain events that so far have
The season is almost over and the volume gone. 2020 was one of the most challenging years the industry and the world has faced. Fortunately, Chilean walnut exporter managed to go through it, moving the volume, keeping their operations running through the pandemic, lock downs and responding to the increased controls to prevent COVID-19. Also
October brought another good performance of Chilean walnut shipments. The trend has been very positive and we estimate no carry over into next 2021 crop. Availability is very limited if any market is now focused more in US product rather than in Chilean availability.
Chilean walnut industry has managed to ship already nearly 80% of the total crop and around 95% of it is committed. Shipments continue strong and the remaining volume should be sold in the coming months to end up the season with none or very little carry over for the next
The good trend of Chilean shipments continue despite the disruption of shipments at end of August due to the strike of Chilean truck´s drivers. Anyway all eyes are on California today with their new record crop.
July shipments hit a record for the month and we have seen a positive trend during last three months.
The season advance and we can see a good trend on shipments that although lower than last year are higher than usual.