Pistachio growers are looking at a good harvest this year.
USDA has this year’s crop at 1.1 billion pounds, the third largest on record. American Pistachio Growers says trees planted a decade ago are finally starting to produce. They tell the Capital Press that a big focus is on export markets and say they are monitoring the situation closely in Washington, D.C.
If projections remain unchanged, the U.S. will lead the world in pistachio production for the ninth consecutive season.
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“USDA can no longer keep wasting its time and personnel to deploy Commissioner Miller’s infamous traps, which USDA has deployed, tested, and has proven ineffective.”
Treat storage as risk management and logistics, and budget to break even since export growth is unlikely to absorb bigger U.S. corn and soybean crops.
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“A can for your favorite pie, bread, or whatever, it is probably Illinois-grown.”
Expect a steady corn grind and selective basis strength where exports and local blending stay active.
The Washington Tree Fruit Association says this is not surprising and notes the USDA has offered a lifeline to growers while they transition away from the cannery market.