Australia's macadamia nut production has increased significantly and is expected to reach 56,000 tons

Macadamia Kernel

Australia

Market & Price Trends

Published Mar 12, 2024

Tridge summary

The Australian Macadamia Society forecasts a 16% increase in the country's macadamia shell production for the 2024 season, reaching 56,000 tons with a moisture content of 3.5% or 60,000 tons with a moisture content of 10%. This growth is expected despite recent rainfall and rising input costs, attributed to favourable growing conditions and a positive outlook among growers. The official forecast is based on a scientific model from the Queensland Department of Agriculture and Fisheries, and a review of historical crop yields after periods of low prices.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

According to the Australian Macadamia Society, Australia's macadamia shell production in the 2024 season is expected to reach 56,000 tons (moisture content 3.5%); based on a moisture content of 10%, shell production will be 60,000 tons. In the last season, Australia's macadamia nut production per unit area was lower than expected, and farm purchase prices were weak. Affected by this, the production of shell nuts with a moisture content of 3.5% was 48,400 tons (based on a moisture content of 10%, it was 51,900 tons). .The forecast value for this season has increased by 16% compared to the previous season, and the mid-season production report will be released in May/June 2024. Clare Hamilton-Bate, chief executive of the association, said, "The 2024 season looks better, with good growing conditions for fruit trees during the flowering period and an optimistic mood among growers in various growing areas. Although recent rainfall in some areas will make the start of the harvest season ...

Source: Guojiguoshu