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NUTS AND NUTMEATS.(Statistical Data Included)

The Food Institute Report

| August 27, 2001 | COPYRIGHT 2001 The Food Institute. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

ALMONDS - Current pricing is steady, with prices of 23/25 Nonpareil Supremes reported at $1.35 - $1.40 per pound, Nonpareil Select Sheller Run between $1.30 - $1.35 and Mission Select Sheller Run between $1.05 - $1.10 per pound. Prices of Blanched Slivered are $1.45 - $1.55 per pound, Thick Sliced Natural are $1.35 - $1.45, Carmel 23/25 and 25/27 are $1.20 - $1.25 per pound. All prices f.o.b. California.

WALNUTS - The market is steady, with the expectations of an above average new crop. New crop pricing may fall below $2.00 per pound and could fall within the $1.70 - $1.80 range for the combination grades. Current pricing is firm, with Combination Halves and Pieces ranging from $2.30 - $2.40 per pound and Light Halves and Pieces ranging from $2.40 - $2.45 per pound. All prices f.o.b. California.

Shipments of Walnuts through July 31 totaled 283.7 million pounds, of which inshell accounted for 40.7% and shelled accounted for 59.2%. In terms of inshell equivalent, 252,794 tons were shipped through July 31, down 10.6% from shipments through the same time last year.

U.S. Walnut exports for the 2001 marketing season totaled 163.1 million pounds, down 19.2% from the 2000 season. The majority of inshell product exports, which totaled 115.6 million pounds, were to Germany, which accounted for 19.0% of the inshell export total.

 
U.S. EXPORTS OF WALNUTS 
AUG. 1-JULY 31, 2000/2001 VS. 1999/2000 
 
(Source: Walnut Marketing Board) 
 
                     2001           2000          % Chge. 
 
                                 Inshell 
 
Germany            21,971,791     28,332,983       -22.5% 
Italy              15,003,736     26,159,202       -42.6% 
Netherlands         3,621,880      6,106,994       -40.7% 
Spain              34,202,399     34,968,250        -2.2% 
United Kingdom      3,473,637      3,708,990        -6.3% 
Other              37,302,682     53,698,176       -30.5% 
TOTAL             115,576,125    152,974,595       -24.4% 
 
                     2001           2000          % Chge. 
 
                                 Shelled 
 
Japan              16,658,095     16,592,556         0.4% 
Spain               3,162,765      3,641,045       -13.1% 
Canada              6,298,836      4,540,439        38.7% 
Germany             5,853,980      6,878,571       -14.9% 
Israel              4,981,389      5,614,656       -11.3% 
Other              10,520,580     11,461,262        -8.2% 
TOTAL              47,475,645     48,728,529        -2.6% 

The top recipient of shelled product was Japan with 16.7 million pounds, a slight increase from last year, followed by Spain, with 3.2 million pounds.

 
WALNUT SHIPMENTS 
AUG. 1-JULY 31, 2000/2001 VS. 1999/2000 
 
(Source: Walnut Marketing Board) 
 
1,000 Pounds              2000/2001    1999/2000     % Chg. 
 
Inshell: Domestic            23,406       30,768      -23.9% 
Inshell: Export              92,170      122,207      -24.6% 
Inshell: Total              115,576      152,975      -24.4% 
Shelled: Domestic           120,619      128,987       -6.5% 
Shelled: Exports             47,476       48,729       -2.6% 
Shelled: Total              168,095      177,716       -5.4% 
Grand Total                 283,671      330,691      -14.2% 
 
Inshell Equivalent Tonnage[*] 
All: Domestic               151,633      165,021       -8.1% 
All: Exports                101,161      117,633      -14.0% 
All: Total                  252,794      282,654      -10.6% 
 
                               July 
1,000 Pounds                   2001    July 2000     % Chg. 
 
Inshell: Domestic               -23         1950      [***] 
Inshell: Export                 380          499      -23.8% 
Inshell: Total                  357        2,449      -85.4% 
Shelled: Domestic             8,195        9,512      -13.8% 
Shelled: Exports              3,194        2,869       11.3% 
Shelled: Total               11,389       12,381       -8.0% 
Grand Total                  11,746       14,830      -20.8% 
 
Inshell Equivalent Tonnage[*] 
All: Domestic                 9,495      120,010      -92.1% 
All: Exports                  3,895        3,579        8.8% 
All: Total                   13,390      ...
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