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U.S. Tree nut supply to increase by 35% or more in next five years
date:May 23, 2016
acres of newly planted trees that will soon begin bearing nuts. It is estimated that by 2020 as much as an additional 1.2 to 1.3 billion pounds of walnuts, almonds and pistachios could enter the marketup 35 to 38 percent from the 2015 crop.

The key question is whether the market can accommodate this projected increase in supply, said Christine Lensing, senior economist with CoBank's Knowledge Exchange Division. Prices may need to ratchet lower to adjust to the growth in supply, resulting in mar

12/24 22:11