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HARVEST 2021-2022
The harvest of the year 2020 was a record harvest with more than 120,000 tons. Due to the high temperatures registered in the last months of the year, they achieved a catastrophe called viviparity (the ripe walnut combined with heat and humidity causes the walnut, which is a seed to germinate, causing a change in it, making its taste bitter. and changing its properties). Most of the walnut farms lost around 25% of their walnut due to this catastrophe by lowering their qualities and obtaining a low price for them.
This 25% of sprouted nuts are processed in a different way, taking them to a crushing process and thus disguise their flavor and color to be able to find a market within Mexico at a very low price.
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Which, as a consequence, causes the walnuts in halves to increase in value and the walnuts in a single piece are priced much better. But the stock of 2020 and 2021 was not enough to meet the needs of European and Asian markets, leaving the warehouses of the large hoarders empty at the end of 2021.
Mexico is forecast to have lost 30% of its crop this year. Compared to 2020, due to the high temperatures and drought that has reached the north of the country, although of very good quality compared to last year.
What has caused the start of the price in 2021 to be with a high price, everything will depend on the production that the Mexican and U.S. farms have. This will be known until the walnuts are in the storage of each farm, everything seems to indicate that it would be pointed on the increasing price, it will start at a high price but this will increase significantly as the harvest days pass.