-October 26,2022-
The Walnut Bargaining Association is recommending a minimum price recommendation that will return at least 65 cents per pound back to growers.
“Our organization is concerned that walnut prices will continue to fall without some minimum price being suggested,” said Jonathan Field, Executive Director of the Walnut Bargaining Association (WBA), a grower cooperative that exists to ensure walnut farmers receive fair prices.According to Field, current prices being offered by handlers will result in only 45 or 50 cents per pound going back to growers, which is substantially below break-even.
Walnuts were a $62 million crop in Kings Country in 2021. Prices have been trending lower in California for walnuts since 2013, says USDA.