News & Reports

Supply expectations remain relatively unchanged, with Australia’s October crop forecast update holding steady at 42,900 tonnes (at 3.5% moisture). It is being predicted that there may be some upside in South Africa’s crop from 58,500 tonnes to nearer 60,000 tonnes, while China’s crop is anticipated in the region of 20,000 tonnes. Globally, total in-shell supply for 2019 is expected to be approximately 5% under the previous year.

Limited growth in overall global macadamia production is anticipated for 2019, with minimal inventory expected leading into 2020.

There is continued expectation of limited macadamia production growth globally for 2019. While a modest increase of up to 5% overall was initially anticipated, this has been tempered by reports of weather impacting production in several growing regions. A firmer estimate will be available in the coming months.