Key Insight: According to the German media outlet Mundus Agri, despite the United States facing a bumper crop year for pistachios, data released by the International Nut and Dried Fruit Council (INC) at its early May conference indicates that global pistachio production in the 2025/26 season is still expected to be lower than the previous season. This season's US pistachio exports have been weak, with exports to China plummeting by 46%, but the agreement reached between China and the US in Geneva has added an unexpected variable to the market.