Australia's macadamia nut industry is facing significant challenges in 2024 due to adverse weather conditions, leading to a revised production forecast. Despite initial optimism, the forecast has been reduced by 9% from earlier predictions, now estimating a total production of 50,830 tons of shelled nuts at 3.5% moisture content and 54,500 tons at 10% moisture content. This adjustment reflects the impact of high temperatures and heavy rainfall during the critical harvest season, particularly in key growing regions like Bundaberg.
The Australian Macadamia Society (AMS) recently updated its production forecast, highlighting a 5% increase in production compared to the previous season, despite being lower than initially expected. Improvements in kernel yield and size have been noted, indicating good overall quality. However, the extreme weather conditions have caused a reduction in yields, particularly in areas that experienced prolonged high temperatures and persistent rain.
The 2024 harvest season has been notably difficult for Australian macadamia growers. Clare Hamilton-Bate, CEO of the Australian Macadamia Association, pointed out that many regions struggled with accessibility due to continuous rain, delaying harvest activities. In Bundaberg, the largest macadamia-growing area, the crop volumes are slightly lower than anticipated, further challenging the industry.
The AMS plans to review its production forecast again in September, with final figures expected in early December. These updated projections will be crucial for stakeholders in the macadamia market, both domestically and internationally.
Why was the 2024 macadamia production forecast adjusted?
The forecast was adjusted due to high temperatures and heavy rain during the harvest season, which reduced yields in key growing regions.
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