Share via Email


* Email To: (Separate multiple addresses with a semicolon)
* Your Name:
* Email From: (Your IP Address is 3.234.210.89)
* Email Subject: (personalize your message)


Email Content:

California Nut Growers Impacted by Tariffs

07/09/2019

In 2018, farmers producing almonds and walnuts were impacted by the high tariffs imposed by China, resulting in diminished sales to that market. At the beginning of 2017, 25 percent of the California walnut crop was exported to China. California produces 80 percent of the world’s almonds and 70 percent of the harvest is exported.

The situation was exacerbated on June 15th when India imposed a 20 percent tariff on U.S. nuts along with 26 other products including apples and lentils. Fortunately, India has delayed implementing the retaliatory tariffs pending successful resolution of bilateral negotiations. The tariffs add 20 cents to a pound of shelled almonds and 4 cents per pound for unshelled product.

Growers face a 5 percent tariff in Europe representing a highly competitive market. Prices for walnuts and almonds are at the lowest level in 25 years. There are a number of egg producers in California who operate almond orchards and the present downturn coincides with low prices for eggs representing double jeopardy.