Hazelnuts produced for kernels will fetch at least 90 cents per pound in Oregon this year, or 25 cents more than the minimum price for the in-shell crop. Uncertainties about shipping in-shell hazelnuts to China, their primary destination, has caused their initial minimum price to diverge from that of the kernel crop, which faces a more stable market, experts say. “There were some disruptions with the Chinese market, as far as importing schemes,” said Terry Ross, executive director of the Hazelnut Growers Bargaining Association, which negotiates prices on behalf of farmers. China’s crackdown on strategies to avoid taxes and tariffs has combined with problems related to the coronavirus outbreak and high retaliatory tariffs, dealing a heavy blow to this key market, according to HGBA.
At George Packing Company, we work to be loyal to our growers and predictable to our customers. Part of that process is our membership in the Hazelnut Growers Bargaining Association (HGBA) to set the grower field price to the maximum advantage of the grower. Global events and market forces, such as trade disputes, Turkish crops and Turkish currency troubles, play a significant role in the market field price for Oregon hazelnuts. Closer to home, processing margins paid to your packer, have historically affected the field prices paid to growers.
As we look at the field prices paid to hazelnut growers today, it is amazing to see how far we’ve come. Gone are the field prices of less than $.30/lb. which often didn’t even cover the cost of production. The HGBA contract has governed the hazelnut industry for many years, providing growers and processors transparency and stability in the buying and selling of hazelnuts. We have a strong industry because of our open dialogue, cooperation, and trust established between growers and processors. For future generations of farmers, we are committed to build on the traditions which have served the hazelnut industry so well.
Features of Hazelnut
Unsalted hazelnuts (filberts) with skins, non-gmo, gluten-free and Kosher
Rich in unsaturated fats (mostly oleic acid), high in magnesium, calcium and vitamins B and E
Hazelnuts pair great with chocolate and are often found in cookies, cakes, and other delicacies
Also known as filberts, they are high in good cholesterol with little undesirable saturated fats
raw shelled hezelnuts (filberts) , 1 lb pack
Are a delicious way to add extra nutrition, flavor and crunch to a meal
A great source of those all-important omega-3 fatty acids