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Walnut Market and Crop Update – January 2018 –

The January 2018 shipments versus the January 2017  shipments on an inshell equivalent were down just 1.0%.  55,632 tons versus 56,161 last year.   

The current receipts for the Walnut crop are at 617,614 tons.  January brought in approximately another 2635 tons of the tonnage versus the December   number. At this point, the crop does not have any chance of meeting the Crop Estimate of 650,000 tons, but is still a little higher than what the market had expected.