August 15, 2017
There are still current crop offers available, although the majority of suppliers are no longer offering.
The unofficial Californian new crop estimate has been in the 250,000-300,000 tonne range. This is significantly lower than last year’s 400,000 tonne crop, making this year an off year. The crop is developing well and the recent heat wave in California poses no threat at this stage of the crops development as Pistachio trees relish the hot conditions.
The Iranian crop size could also impact Californian pricing as most buyers have been expecting Iran to have a bumper crop this year (although recent talk of Iran’s crop have been smaller than originally expected). No new season pricing is being offered at the moment we will have a better idea closer to the harvest.