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Senior Contributor

Freeze in Turkey reduces hazelnut crop by 30%

Oregon hazelnut growers are going to rake it in this fall. Hazelnut prices jumped over40% after word from Turkey that severe freezing and hail during nut set destroyed 30% of their crop. Turkey produces 75% of world hazelnut production. Oregon produces 99% of USA hazelnuts with its 38,000 acres but only 5% of world production. Ferraro food group ( they make Nutella) is in a bidding war with the Chinese and Jiffy company or will be soon....
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4 Replies
Senior Advisor

Re: Freeze in Turkey reduces hazelnut crop by 30%

Add hazelnut coffee to the same list you added the cheap beer to.

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Senior Contributor

Re: Freeze in Turkey reduces hazelnut crop by 30%

There are over 200 micro breweries in Oregon now. I forgot what cheap beer is!
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Senior Advisor

Re: Freeze in Turkey reduces hazelnut crop by 30%

Quit drinking beer and all forms of alcohol, that stuff just made me crazy.  The only alcohol I drink now is communion wine, but I will add I sometimes take communion 6 or 7 times a day.

 

Hazlenut coffee on the other hand, now that is something that would probably be harder to give up than the beer.

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Senior Contributor

Re: Freeze in Turkey reduces hazelnut crop by 30%

Ha! God must be pleased!
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