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Turkish frost may push global hazelnut prices up 30%

Turkey, the world's largest producer of hazelnuts, is facing major crop losses this season after a cold snap and heavy rainfall damaged orchards across key growing regions. The adverse weather has affected yields and is expected to raise global prices.

In Ordu Province, one of the country's primary production areas, farmers such as Zekayi Sagra reported losing more than half of their crop following a severe frost in April. Rising global temperatures have caused hazelnut trees to flower earlier, making them increasingly vulnerable to late frosts.

Experts estimate that total yields could drop by around 40%, potentially driving up global hazelnut prices by as much as 30%.

Producers also face additional challenges from pest infestations and low state-regulated prices, which have made production less viable for many smallholders. Some farmers have already abandoned their orchards due to mounting losses.

The situation highlights what agricultural economists refer to as "climateflation," a pattern in which climate-related events contribute to reduced harvests and higher food prices across global markets.

Turkey supplies more than two-thirds of the world's hazelnuts, used widely in confectionery, baking, and chocolate manufacturing. Industry observers warn that reduced output from Turkey could impact availability and costs throughout the international supply chain.

Source: DW

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