Hazelnut prices soar after frost hits major producer Türkiye

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Hazelnut prices soar after frost hits major producer Türkiye
Wholesale hazelnut prices in Türkiye have surged this harvest season due to frost damage, the world's leading producer, where the crop yields are expected to shrink this year.اضافة اعلان

In April, a cold snap, unseen in years, affected a variety of domestically produced crops, pushing hazelnut prices higher even before the harvest began.

Agriculture Minister Ibrahim Yumaklı called it one of the worst agricultural frosts in the country's history. Experts have attributed it to climate change, which they claim is increasing the frequency of extreme weather events, as the underlying cause.

According to the Amsterdam-based commodity data platform Vesper BV, a metric ton of Turkish hazelnuts now costs around 9,400 euros ($10,900), an increase of roughly 34% since the start of the year, Vesper told Deutche Presse-Agentur (dpa). Daily Sabah