California pistachio farmers reap record prices boosted by Iran war
By
The Economist
Summary
California pistachio farmers are benefiting from record-high prices ($5.30/lb in May, a decade high), driven in large part by the ongoing war in Iran. The Coelho family, multigenerational farmers in the San Joaquin Valley, switched from dairy to pistachios in 2021 and are now reaping the rewards of the conflict-inflated market.
Source
bskyCalifornia pistachio farmers reap record prices boosted by Iran warecon.stKey quotes
· 2 pulledI'm the fifth of my name, like Game of Thrones
The nuts fetched $5.30 a pound in America, according to Expana, a market-data provider, the highest price in a decade, inflated in no small part by the war in Iran
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