Since our last report, the situation on brazil nuts has not improved.
In short, it is impossible to fully know yet the extent to which the crops from all the key origins surrounding the growing region have a shortfall – but from Bolivia at least, the report continue to suggest at least a 50%
shortfall and possibly even worse
- Recent news about the likely size and quality of the all-important West African cashew crops, has created some major concerns about the likely trend on this market.
- Turkey is hopefully now past the point of the risk of frost damage but (they believe) also heading towards a shorter new crop.