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Will abundance bring poverty in pistachio?

Published Aug 8, 2020

Tridge summary

Yield estimates for pistachio ranged up to 380 thousand tons. However, production will also increase worldwide. Fearing that prices will drop, producers are demanding a base price.

Original content

The harvest estimates for this season in pistachio are up to 380 thousand tons. However, production will also increase worldwide. Producers who are concerned about the decrease in prices demand a base price for peanuts. Due to the nature of the product, in the production of pistachio that has a "no year" every two years, the year 2020 will be written in the "present" field. However, this one year is different from the others! The product, which is estimated to have a yield of over 300 thousand tons in June, has shown that this may be at much higher levels. In 2018, the previous year, production in pistachio was 240 thousand tons. The field studies of the Gaziantep Commodity Exchange (GTB) Pistachio Estimated Yield Determination Commission revealed that the total yield of this season could exceed 380 thousand tons. These figures point to the record production in the history of the Republic in pistachio. Turkey second place while third place in the worldwide production of pistachios ...
Source: TarlaSera
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