The Economic Outlook for calcium pistachios by Steven C. Blank Agricultural and Resource semipolitical economy Department University of calcium, Davis The patience in atomic number 20 has a eternize of steady expansion pistachio tree market is unlike other testis forges in well-nigh ways: ? The national and world(prenominal) markets for pistachios argon not still as stable as almond and walnut markets ? So there atomic number 18 many opportunities for propelling changes A strike factor ? Pistachio growers in California produce roughly 98% of the summate crop in the United States, thus, they atomic number 18 the market in this province ? This creates unusual economic challenges and opportunities upstart Trends ? The scale of the industry in California has increased dramatically from 1,700 bearing acres in 1977 to 114,000 in 2007 ? stomach per acre is trending up ? Therefore, total proceeds has so atomic number 18d, notwithstanding alternate-bearing evade 1. California Pistachio Production and Market Data, 2005-2007 2005 design land area Yield (t/ac) Utilized end product (1,000 t) outlay ($/lb) Value of production ($M) 105,000 1.35 141.5 2.05 580.15 2006 112,000 1.07 119.0 1.89 449.82 2007 114,000 1.80 205.0 1.34 549.40 spherical Production has followed California ? World production of pistachios has round tripled oer the closing curtain 20 years ? Iran produces about half of total ? U.S.
is atomic number 16 with about 20% ? chinaware (5-10%) is puff uping its output and exit musical accompaniment doing so Demand for Pistachios ? Domestic per capita use is growing, partly from health benefits of nuts, partly from lower prices recently ? utilisation as itch insect bite has limited growth authorisation ? Consumption growth potential is greatest from processed broker market, which is small topically surplusage sidetrack is Exported ? About 40% of California crop is exported ? That piece provide increase if production continues to expand at current place ? Export sales are less bankable than domestic sales, on average Export Prices are Competitive ? Iran...If you want to digest a full essay, order it on our website: Ordercustompaper.com
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