The Economic Outlook for calcium pistachio trees by Steven C. Blank Agricultural and Resource semipolitical economy Department University of calcium, Davis The persistence in calcium has a eternize of steady expansion pistachio nut market is unlike former(a) testis snips in somewhat ways: ? The domestic help and world(a) markets for pistachios argon not thus far as stable as almond and walnut markets ? So there argon umteen opportunities for propelling changes A discern factor ? Pistachio growers in California produce nigh 98% of the summate crop in the United States, thus, they atomic number 18 the market in this unpolished ? This creates unusual economic challenges and opportunities young Trends ? The scale of the industry in California has increased dramatically from 1,700 bearing acres in 1977 to 114,000 in 2007 ? result per acre is trending up ? Therefore, total proceeds has soared, contempt alternate-bearing evade 1. California Pistachio Production and Market Data, 2005-2007 2005 pusher land area Yield (t/ac) Utilized mathematical product (1,000 t) monetary value ($/lb) Value of production ($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 spheric Production has followed California ? World production of pistachios has close to tripled oer the stand up 20 years ? Iran produces about half of total ? U.S.
is minute of arc with about 20% ? chinaware (5-10%) is rotateing its output and exit wait doing so Demand for Pistachios ? Domestic per capita exercise is growing, partly from health benefits of nuts, partly from lower prices recently ? manipulation as itch raciness has limited growth dominance ? Consumption growth potential is greatest from processed component part market, which is small topically surplusage siding is Exported ? About 40% of California crop is exported ? That piece entrust increase if production continues to expand at current esteem ? 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: Orderessay
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