CropGPT - Nuts

Global Nuts Market Summary.

U.S. peanut plantings for 2026 are projected to decline 22 percent to 1.53 million acres, largely because stronger returns from competing crops, particularly cotton, encouraged farmers to shift acreage. The largest reductions occurred in Texas and Georgia, two of the country's major peanut-producing states.As a result, peanut production is forecast to fall by approximately 20 percent to 2.87 million tons. The decline reflects both reduced planted area and expected yield trends. Despite lower production, ending stocks are expected to increase sharply by 81 percent to 1.41 million tons, supported by the record harvest achieved in 2025.The episode explains that...

Global Nuts Market Summary

The United States, where groundnut acreage has declined sharply in 2026 as growers shifted to more profitable crops such as cotton amid rising input costs. The reduction in planted area is expected to lower production by around 20 percent compared with the previous year, tightening supplies while easing some of the logistical pressures created by the record 2025 harvest. These developments could have broader implications for global edible nut markets and ingredient supply chains.The discussion then turns to the global cashew market. Cote d'Ivoire continued to strengthen its domestic processing industry through government incentives, resulting in...

Global Nuts Market Summary

Groundnut cultivation in Rajasthan, India, has expanded by 23.57 percent, reaching 7.13 lakh hectares as farmers continue to favor the crop due to strong edible oil demand, valuable livestock feed byproducts, consistent market returns, and government support. However, timely monsoon rainfall remains critical, as many farms depend on rain-fed cultivation and delayed rainfall could disrupt sowing and impact yields.In Tanzania, a shortage of powdered sulfur is creating risks for the upcoming cashew season by limiting crop protection during peak spraying periods. This could reduce both yields and quality, potentially affecting global cashew supplies and supporting...

Global Nuts Market Summary

Groundnut cultivation in Chitradurga district, where around 100,000 hectares are typically planted, is under pressure due to inadequate rainfall ahead of the early July planting season. Although moderate rainfall is forecast, concerns remain that it may arrive too late or be insufficient to support proper germination and early crop development. Higher fertilizer costs are adding further financial strain, making planting decisions more difficult for growers.The challenging weather has also affected other crops across the region. Sunflower has experienced widespread germination failures, while maize planting remains well behind target levels, highlighting broader soil moisture deficiencies...

Global Nuts Market Weekly Summary

In Bangladesh, the sandbars of the Padma River in the Rajshahi and Chapainawabganj districts have become an unlikely hub for groundnut cultivation during the Rabi season. With support from the Department of Agricultural Extension and the Bangladesh Institute of Nuclear Agriculture, coverage has reached 1,100 to 1,500 bighas, with yields of 298 to 373 kilograms per bigha. Production costs of 10,000 to 15,000 taka per bigha are generating earnings of 45,000 to 50,000 taka, delivering profit margins of 30,000 to 35,000 taka per bigha. The initiative is meaningfully improving incomes in char communities that had previously relied on marginal agricultural activity.Nigeria's cashew...

Global nuts market summary

In Iran, pistachio exports to the European Union remained resilient during the first quarter of 2026 despite ongoing geopolitical tensions. Export values increased slightly year over year, supported by a strategic shift toward higher-value pistachio kernels. Kernel exports rose modestly, while in-shell pistachio exports declined significantly, reflecting changing preferences among European buyers. Although imports by Germany decreased, stronger demand from other EU member states offset the decline, indicating a broader diversification of European purchasing patterns and continued demand for value-added products.South Africa's pistachio industry is positioning itself for long-term growth, targeting a 5% to 8% share...

Global Nuts Market Summary

Global pistachio production is projected at 701,000 tons for the current season, a 36.4% decline from the prior year, driven by the confluence of natural alternate bearing cycles, adverse weather, and regional production constraints. Global ending stocks are anticipated to fall 48.5% to 123,400 tons, pointing to a materially tighter supply environment and intensified procurement competition against a backdrop of steady demand.The United States is forecast to produce 350,000 tons, a 51.6% decline, attributable to alternate bearing compounded by high temperatures during bloom that caused bloom stress, reduced nut set, uneven cluster formation, and flower drop.Iran is projected...

Global Nuts Market Summary

Turkey's hazelnut market is operating under the shadow of domestic political instability following the removal of opposition leader Ozgur Ozel, which triggered protests and a surge in foreign currency demand. The central bank has maintained exchange rate stability thus far, and physical supply chains and production remain unaffected. However, rising government bond yields and elevated local financing costs are pressuring suppliers, who may be incentivized to offload stocks prematurely, adding downward price pressure. In-shell hazelnut prices are currently stable at TRY 170 per kilogram, with FOB Istanbul prices for natural 11-13mm hazelnuts at $9.17 per...

Global Nuts Market Summary

The cashew sector is pivoting toward value chain diversification by capitalizing on the underutilized cashew apple byproduct. A national workshop on sustainable cashew production highlighted the potential to convert cashew apples into food, beverage, and extracted products (such as pectin), thereby generating supplementary income streams alongside traditional nut revenues. This diversification approach could stabilize grower and processor incomes while reducing waste and maximizing plant utility from the entire cashew tree.Sustainable production practices are critical to realizing cashew apple value chain potential. Key focus areas include developing improved cultivars, enhancing orchard management, advancing pest...

Global Nuts Market Summary

Bangladesh's cashew industry is grappling with severe market challenges, primarily due to the impact of cheaper imported cashews, which are undermining local processor competitiveness. The production cost for local processors is approximately TK 1,300 per kilogram excluding profits. However, imported cashew kernels priced between TK 1,400 and TK 1,500 per kilogram undercut the necessary selling price of TK 1,950 to TK 2,000 per kilogram required for local processors to remain viable.A crucial factor is the tax differential between imported cashews with testa (skin) taxed at $4.1 per kilogram and processed cashews taxed at $6 per kilogram, resulting in a tax...

Global Nuts Market Summary

Sudan's Rahad Agricultural Project has commenced groundnut planting across 840 hectares, with ambitions to expand to approximately 2,940 hectares. Historical yields of up to 119 sacks per hectare underline the agronomic potential of the area. However, operations face significant non-weather risk: militia activity by the Rapid Support Forces has historically caused crop failures and displacement, and logistical constraints further threaten planting, maintenance, and harvest timelines. Local leaders are calling for greater government coordination to secure both the physical and logistical conditions needed to protect agricultural output, which carries meaningful revenue importance for the regional economy.In Nigeria...

Global Nuts Market Weekly Summary

India's groundnut market is seeing heightened demand for sowing seeds, with prices rising to around $78.50 per quintal and seed rates up 25 to 30% compared to the previous season. The Strait of Hormuz blockade, alongside domestic geopolitical pressures and government auction activity, has fostered cautious buying behavior and elevated retail purchases. Export prices to Indonesia are ranging from $1,300 to $1,350 per metric ton, reflecting sustained regional demand. Near-term prices are expected to remain firm, with increased domestic cultivation identified as the primary lever for stabilising supply.In the United States, Farm Bill 2.0 discussions in Washington are...

Global Nuts Market Weekly Summary

India's cashew market is under strain from two converging pressures: weak kernel demand and a rupee at a historic low against the U.S. dollar, which is elevating the cost of imported raw cashew nuts. Import prices from Tanzania stand at USD 1.91 per kilogram, while Mozambique supplies are priced between USD 1.60 and 1.62 per kilogram. International raw cashew nut offers remain elevated, exceeding USD 1,500 per metric ton. Some price relief emerged in early April following new shipments from Cote d'Ivoire, Burkina Faso, and Cambodia. February 2026 exports reached nearly 2,700 metric tons, with traders looking to...

Global Nuts Market Weekly Summary

This week's nuts market report covers two distinct developments: a regionally significant expansion in groundnut cultivation in Bangladesh, and a broadly stable but quietly shifting global almond trade picture.In Narsinghdi, Bangladesh, groundnut farming along the Meghna River is expanding meaningfully, driven by low input costs, minimal fertilizer and pesticide requirements, and attractive profit margins. Previously fallow char lands are being brought into productive use, with the Department of Agricultural Extension providing ongoing support for sustainable scaling and pest management. Beyond output, the sector is generating tangible community benefits, including seasonal employment in...

This episode explores a global nuts market.

A key development comes from Bangladesh, where farmers in Sunamganj are expanding groundnut cultivation beyond initial targets because of stronger profitability and steady local demand. Groundnuts are gaining appeal as an alternative to crops like rice, largely because of lower input costs and better margins. Even so, the outlook remains dependent on favorable rainfall and improved advisory support from agricultural agencies, which are still limited.Cashews are another major focus, particularly in West Africa and Southeast Asia. In Togo, authorities are tightening sector rules by lowering the 2026 farm gate price and...

This episode delivers an in-depth look at the global nuts market.

Global cashew production is projected to grow by 3 percent in the current season, reaching 5.53 million metric tons. The Northern Hemisphere is expected to contribute 4.57 million tons (a 2 percent increase), while the Southern Hemisphere will add 901,000 tons (a 7 percent increase). Tanzania stands out with a forecasted 17 percent jump in output to 700,000 tons, exceeding expectations set by the International Nut and Dried Fruit Council.Increased cashew output is also evident in Cambodia, India, Cote D'Ivoire, and Nigeria, with respective gains of 6.3 percent, 17.9 percent, 4.2 percent, and 6.4 percent. This growth is...

This episode highlights key trends and developments across the global nuts market.

In Kosven Province, authorities intercepted approximately 20 tons of smuggled pistachios en route to European markets. The operation, linked to organized trade networks, uncovered significant economic implications, with the pistachios valued at an estimated BRL192 billion. Authorities are urging public vigilance to curb commodity smuggling and protect economic stability.In Canada, health officials issued a national alert regarding potential salmonella contamination in Iranian pistachios and related products. Consumers are advised to check product origins and adhere to food safety guidelines due to the long shelf life of...

This week’s report on the global nuts market.

Vietnam's cashew sector continues to expand, driven by robust demand from China, the United States, and India. Between January and late 2025, Chinese imports of Vietnamese cashew kernels rose 37.4 percent in volume and 54.1 percent in value, setting Vietnam on course to exceed $5 billion in exports by year-end. However, increased reliance on African raw cashew imports, which have reached a three-year high, is pressuring processors’ profit margins due to elevated input costs. Some processors are halting operations under financial strain.In Iran, pistachio production in regions such as Zurandieh, Markazi, has plum...

This episode provides a comprehensive overview of recent trends in the global walnut market.

In October 2025, U.S. walnut shipments rose significantly to £158 million, an 8.94 percent increase compared to the same month in 2024. This growth was primarily fueled by a surge in export demand, which reached £120 million, while domestic shipments saw a modest 2 percent rise to £38 million. Since the start of the season, total shipments have reached £421 million, up 10 percent from the previous year.The European market remained a key importer with a 5 percent volume increase to £102 million, while Middle East imports declined slightly by 0.7 percent to £3 million. By the...

This episode presents a detailed snapshot of the global nuts market as of November 16, 2025.

From January to August 2025, Azerbaijan's cashew imports surged by 28 percent in volume and 57 percent in value, totaling 282 tons worth $2.3 million. Vietnam dominated supply, contributing 229 tons valued at $1.9 million, while India’s exports to Azerbaijan declined by 44 percent in value. New trade links with Benin and Ghana have emerged, marking a significant shift after 14 years of absence from Azerbaijan’s supplier list.Vietnam, a top global cashew kernel exporter, continues to face operational pressures. Despite importing nearly $4 billion worth of raw cashews—much from Cambodia—to manag...

This episode offers a detailed look at the global nuts market as of November 9, 2025.

In Nigeria, Kogi State is pursuing a bold plan to raise cashew production to 150,000 metric tons by 2027. This effort is led by the state’s Commodity Exchange Export Promotion and Marketing Development Agency (COSIPA) and includes the replacement of old trees with 15 million hybrid cashew trees over three years. These hybrids are known for high kernel recovery and will be sun-dried locally to meet international quality standards. The program includes financial support, training, and market access for farmers, with the goal of boosting employment an...

Overview:
In this episode, we examine the cashew sector in Côte d’Ivoire, a country that has emerged as the world’s largest producer of raw cashew nuts. Despite its production dominance, Ivory Coast struggles to scale local processing—a structural gap that threatens both national revenue growth and broader economic resilience. This episode offers a case study in value-chain imbalance, policy challenges, and global commodity dynamics.

Key Discussion Themes:

Rapid Growth in Raw Cashew ProductionCôte d’Ivoire's cashew output has tripled since 2011, reaching 1.2 million metric tons by 2023Cashews have become the country's second-lar...

Overview:
In this episode, we examine the global cashew supply chain as a case study in supply chain vulnerability, rising commodity risk, and international market exposure. What begins as a casual observation about a common snack quickly evolves into a comprehensive analysis of the intersecting forces—geopolitical, logistical, climatic, and contractual—impacting this $7B+ industry.

Key Discussion Points:

Cashew Ubiquity and Market RelevanceCashews as a high-demand input in snacks, dairy alternatives, and culinary productsExpanding use across food sectors from plant-based milks to premium processed goodsGeopolitical Pressures on Freight & Trade RoutesImpact of the Russia-Ukraine war and Isra...