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2023 MARCH MARKET REPORT

New crop countings from flowers just started. We will start to receive numbers by the end of this week. Climate conditions seem to go against hazelnut, we will keep you informed.

2023 JANUARY HAZELNUT MARKET REPORT 

Compared to the previous season, exports were 19.13% less on a quantity basis. Exports, which startedthe season with 5.97 USD/kg, remained at the same levels for a long time. After November 16, it reached the level of 6.82 USD/kg without slowing down. As a result of our research, we see a high probability of an export increase of at least 10%.

2022 JULY HAZELNUT MARKET REPORT

Regarding crop 2022, Ministry of Agriculture and Forestry declared their crop estimation as 765.287 tons and Black Sea Exporters’ Union declared as 830.628 tons. We expect that government also will declare their new crop purchase price within this week. Price expectation from government is USD 3/kg as equivalent.

2022 FEBRUARY HAZELNUT INTERIM MARKET REPORT

Turkish Grain Board (TMO) announced that they will sell 20.000 tons of inshell hazelnuts from their stocks that crop 2021 (17.000 kgs Levant quality and 3.000 kgs Giresun quality). The price for Giresun and Levant quality inshell hazelnuts has been determined as TL 39/kg.

2022 JANUARY HAZELNUT MARKET REPORT

TMO stopped its purchases as of the end of December. In total, they purchased around 70.000tons of in-shell hazelnuts. TL/USD rate moved in a very volatile structure in December. If certain stability is achieved in the parity, we predict that prices will be in the range of 6000-6500 USD/Ton.

2021 AUGUST HAZELNUT INTERIM MARKET REPORT

Recep Tayyip Erdogan announced purchase prices of hazelnuts for the year 2021 as Levant quality TL 26,5/kg and Giresun quality TL 27/kg, based on 50 percent yield. The prices announced by TMO were realized in the same line with our market forecasts. For this reason, it seems that we will not make any increase or decrease in our daily prices for crop 2021, except for the USD/TL currency difference.

2021 JUNE HAZELNUT MARKET REPORT

New crop 2021 expectation is around 800.000tons, according to cluster (çotanak) countings. This estimate was announced as 790.000tons at the INC Congress. It is anticipated that TMO will announce its price in the 3rd or 4th week of July as a minimum TL 25/kg and a maximum of TL 26/kg.

2021 APRIL HAZELNUT MARKET REPORT

According to the new crop 2021 flower counting, the yield estimates are expected to be around 800,000 tons, and better yield counting estimates will emerge in the census to be made in mid-May.

2021 FEBRUARY HAZELNUT MARKET REPORT

The 2021 crop pollination flower is largely complete. Companies and institutions that estimate the yield from flower count will carry out counting in the orchard from February 10 until the end of February. According to the flower count at the beginning of March, yield estimates will be determined.

OUR TRAINING CONTINUE

Within the scope of our Rainforest Alliance & Organic Agriculture Projects, our farmers were trained on Pruning, Fertilization, Integrated Pest Management, Environment and Social.