Pistachio report released! The United States may see a significant reduction in production and exports may drop by 20%

U.S. pistachio production is expected to fall 26% to 503,000 tons as the off-season is low, according to processor delivery reports and acreage survey data from the American Pistachio Management Board. Exports are expected to fall nearly 20% from last year's record to 360,000 tons as tight supplies limit exports to major markets in Asia and Europe. Ending stocks are expected to fall 37% to 66,000 tons due to lower production. Iranian pistachio production is expected to increase nearly 20% to 200,000 tons. But the Iranian Pistachio Association said that while production is expected to be higher, the size of the pistachios is smaller than normal due to frequent irrigation interruptions caused by extreme summer heat and widespread power shortages. Despite quality issues, exports are expected to climb to 175,000 tons due to increased exports to India, China and Turkey. By Turkey’s production is expected to more than double to 385,000 tons in a high-yield year. Turkish pistachio ...