Oregon initial hazelnut price drops below $1 per pound

Oregon farmers will receive at least 96.5 cents per pound of hazelnuts this year, a decrease of 18 percent from last year’s initial price.

The price slide comes at a time when hazelnut growers are also expecting lower yields, with Oregon’s total production projected to be 36,000 tons, down from 44,000 tons last year.

Source: Oregon initial hazelnut price drops below $1 per pound – Orchards, Nuts & Vines – Capital Press