Categories: News

America’s tree nut value drops as production hits a high

When global diet trends began leaning towards healthier snacks and paleo options (not to mention dairy-free milks), American-based nut farmers responded by planting more saplings. These trees took half a decade to bear fruit, with the expectation that more than half the crop would be exported. Now these hearty harvests of almonds, walnuts, and pecans are ready for sale, but international exports are down—as are nuts’ value—as much as 25 percent. Though the U.S. still remains the world’s largest producer, American nuts appear to have lost their allure. “We’re nervous, especially for next year, with where prices are,” one walnut farmer told Bloomberg. “They could get below the cost of production.” (Also, cheers for introducing us to the term “nut glut.”)

Related Post
The Counter and The Counter
Share
Published by
The Counter and The Counter

Recent Posts

Grist acquires The Counter and launches food and agriculture vertical

Grist, an award-winning, nonprofit media organization dedicated to highlighting climate solutions and uncovering environmental injustices,…

6 months ago

Is California giving its methane digesters too much credit?

Every year, California dairy farms emit hundreds of thousands of tons of the potent greenhouse…

3 years ago

Your car is killing coho salmon

Highway 7 runs north-south through western Washington, carving its way through a landscape sparsely dotted…

3 years ago

The pandemic has transformed America’s dining landscape into an oligopoly dominated by chains 

One of the greatest pleasures I had as a child growing up in the Chicago…

3 years ago

California is moving toward food assistance for all populations—including undocumented immigrants

Undocumented immigrants experience food insecurity at much higher rates than other populations, yet they are…

3 years ago

Babka, borscht … and pumpkin spice? Two writers talk about Jewish identity through contemporary cookbooks.

Writer Charlotte Druckman and editor Rebecca Flint Marx are both Jewish journalists living in New…

3 years ago