The Walnut Market
The very fact that in 1907 Oregon-grown walnuts commanded several cents
a pound higher price than those grown elsewhere indicates their market
value. When ordinary nuts sold for 12 and 16 cents a pound Oregon nuts
brought 18 and 20 cents.
New York dealers
who cater to the costliest trade throughout the United
States, and who have never handled for this purpose any but the finest
types of imported nuts, pronounced the Oregon product satisfactory from
every standpoint--finely flavored, nutty, meaty and delicious. They were
glad to pay an extra price to secure all that were available.
In the home market the leading dealers of Portland and Northwest cities
readily dispose of all of the Oregon walnuts obtainable at an advanced
price. In fact, the Oregon walnut has commanded a premium in every
market into which it has been introduced.
California walnuts are largely shipped east, the percentage entering the
northern markets being comparatively small. The annual sum expended in
Oregon for imported nuts at the present time is $400,000. When the
Oregon growers are able to supply the home demand alone, shutting out
importations, the population of Oregon will have more than doubled, and
the amount expended in this state for walnuts will approach if it does
not exceed the million-dollar mark. In addition to this the eastern
markets will be clamoring for Oregon walnuts, as they now absorb Hood
River apples, Willamette valley cherries and Rogue River valley pears.
With eastern buyers always ready to pay an extra price for extra grade
products, superior grades of Oregon walnuts will undoubtedly be
contracted for, leaving only the culls for home consumption.
It has been conservatively estimated that at the rate the population of
the United States is increasing, and the rate walnut consumption is
increasing, by the time every available acre in Oregon is in full
bearing the supply will still fall far short of the demand. Judging by
past experience in California this is no chimerical conception. Since
1896 the walnut crop in that state has steadily increased, and in like
proportion has the price advanced, from seven cents in 1896 to twenty
cents in 1907.
Previous: Walnut Yield Per Acre
Next: Compared With Fruit
|ADD TO EBOOK