Growers in Oregon’s Willamette Valley produce nearly all the hazelnuts consumed in the US. However, Oregon’s hazelnut growers currently just get -roughly- half the price they did last year.
According to Terry Ross, executive director at the Hazelnut Growers Bargaining Association, there is a number of global factors that have led to a worst-case scenario for Oregon growers. A high inflation rate in Turkey, which produces as much as 70% of the global supply of hazelnuts, has led to a much lower-cost product. In addition, tariffs in China have made that a difficult market for Oregon growers. Of course, global shipping prices are double what they were three years ago. This means that many Oregon growers may not break even this year.
Source: opb.org