Oct 13, 2023California Walnut Objective Measurement Report releases update on walnut production forecast
The 2023 California walnut production forecast released on Sep. 1, 2023 was revised on Oct. 4, 2023. The update reflects additional acreage removal information, according to the USDA National Agricultural Statistics Service 2023 California Walnut Objective Measurement Report.
The U.S. Department of Agriculture (USDA) has revised the forecast for California walnut production. Initially, walnut production was expected to reach 790,000 tons. A revision to that expectation was released on October 4. The updated forecast from USDA’s National Agricultural Statistics Service is now 760,000 tons, making it a one percent increase from 2022 numbers.
WALNUT PRODUCTION UPDATED FORECAST
The 2023 California walnut production is now forecasted to reach 760,000 tons, up 1% from 2022’s production of 752,000 tons. The September report noted walnut production was anticipated to reach 790,000 tons, which indicates a approximately 30,000 tons lower than original expectations.
The data reliability section was also updated on the report, which stated the 80% confidence interval is from 685,000 tons to 825,000 tons.
For more information, read the revised USDA National Agricultural Statistics Service 2023 California Walnut Objective Measurement Report, which is available online.
