Todd Meyer, sales and marketing specialist for Bear Republic Nut Co. in Chico, which markets almonds and walnuts, said concerns about the Chinese tariffs became less urgent last year because larger state crops for both nuts dropped prices "dramatically." The lower prices allowed Chinese importers to buy more nuts, even with the tariffs, he said. With anticipation of reduced crops for both almonds and walnuts this year, Meyer said importers may pull back as prices increase. "There might be more limited buying taking place going forward," he said. A bigger concern, Meyer said, is ongoing shipping delays related to congestion at U.S. seaports. The problem, which began last year, have weighed on agricultural trade, exporters say, as they contend with repeated canceled bookings, lack of equipment, trucking issues and narrow windows to get products to ports. "I haven't seen it this bad ever," Meyer said. "It's been very, very frustrating." The Ocean Shipping Reform Act, introduced last ...

Source

Agalert

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