WALNUT VALUES have sunk by as much as 30% to 50%, depending on the cultivar. Sowhy the drastic change?"My understanding is that it is a combination of storage overage due to the dock strikes last fall, the strong dollar reducing export opportunity, and reduced demand from China, as their economy is stressedand they focus on increasing consumption of domestic product," says Rachel Elkins, University of California Cooperative Extension pomology farm advisor for the northern counties of Lake and Mendocino.
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