Califonia Pistachios

The Economic Outlook for calcium pistachio trees by Steven C. Blank unpolished and Resource political economy Department University of calcium, Davis The industry in calcium has a eternize of steady expansion pistachio tree market is unlike other testis crops in whatever ways: ? The domestic and global markets for pistachios argon not until now as stable as almond and walnut markets ? So there argon many opportunities for propelling changes A come across factor ? Pistachio growers in California produce around 98% of the summate crop in the United States, thus, they are the market in this country ? 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, fundamental proceeds has soared, despite alternate-bearing  evade 1. California Pistachio Production and Marke t Data, 2005-2007 2005 Bearing land area Yield (t/ac) Utilized production (1,000 t) Price ($/lb) Value of production ($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 world(a) Production has followed California ? World production of pistachios has about tripled all over the last 20 years ? Iran produces about half of total ? U.S.

is second with about 20% ? China (5-10%) is expanding its output and work keep doing so Demand for Pistachios ? Domestic per capita consumption is growing, part from health benefits of nuts, partly from lower prices recently ? purpose as it ch snack has limited growth potential ? Con! sumption growth potential is greatest from processed ingredient market, which is petite topically surplusage Output is exportinged ? About 40% of California crop is exported ? That piece will increase if production continues to expand at current rate ? Export sales are less bankable than domestic sales, on average Export Prices are Competitive ? Iran...If you want to digest a beneficial essay, order it on our website: BestEssayCheap.com

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