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 significantly higher exports of processed cashew kernels despite lower shipments of raw nuts. However, the country's continued reliance on Vietnam for later stages of processing highlights ongoing structural challenges in building a fully integrated domestic value chain. Vietnam remains the world's dominant processor but continues to depend heavily on raw nut supplies from Africa.
• Turkey's hazelnut sector also featured prominently, with export volumes declining while export revenues increased, reflecting stronger prices and firm global demand amid tighter supplies. The episode explores how currency movements, production conditions, and market fundamentals could continue to influence pricing as the new harvest season progresses.
• The episode also examines Moldova's walnut industry, where exports to the European Union continued to weaken because of stronger competition from suppliers such as China and the United States. Reduced market share highlights the growing competitive pressures facing smaller exporters in key international markets.
• Finally, the discussion covers Ukraine's hazelnut harvest, where prolonged rainfall disrupted mechanized harvesting and forced greater reliance on manual labor. This example illustrates the increasing impact of adverse weather on production efficiency and reinforces the importance of adapting agricultural systems to changing climate conditions.

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 international prices despite the country's ambitious production targets.
• The episode also explores changing dynamics in the global cashew industry as African producers expand domestic processing capacity and introduce export policies aimed at retaining more value locally. These developments could gradually challenge Vietnam's long-standing dominance in global cashew processing and reshape international trade flows.
• In the United States, the pistachio sector recorded its strongest May export performance in nearly six years, contributing to record seasonal shipments. However, declining inventories and expectations for a smaller upcoming crop may tighten supplies and influence future pricing.
• The global almond market remains mixed. Spain's exports have weakened due to reduced shipments within Europe, creating opportunities for competing exporters such as the United States and Australia. Meanwhile, stable production forecasts in California could help balance global supply, although persistent water constraints continue to pose long-term production risks.
• The hazelnut market is expected to face downward price pressure as improved crop prospects in Turkey and Georgia increase available supplies. While demand from the confectionery and chocolate industries remains steady, future production outcomes will depend heavily on favorable weather and effective crop management throughout the season.

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. These conditions reinforce concerns that groundnut planting could also fall short of expectations.
• A reduction in planted area would tighten local groundnut supplies, affecting crushers, procurement activity, and regional groundnut oil markets. Lower production could lead to firmer prices for groundnut oil and related products as supply availability declines.
• The episode highlights the importance of closely monitoring rainfall patterns and temperature conditions during the first half of July, as this period will be critical for planting success and early crop establishment. If weather conditions fail to improve, the region could face meaningful reductions in both acreage and yield, with lasting consequences for farmers, supply chains, and regional market dynamics.