Nutella Hazelnuts: Orchards of Chile

image of Nutella de Avellanas cosecha propia en Chile
New Chilean hazelnut plantations – 17,000 hectares – represents only 1.5% of the global supply but a steady increase in production and the number of hectares planted is expected. The big incentive for this new market is the excellent current price of USD4.7 per kilo, where the past price of USD 3.00 per kilo meant a return of USD5,000 per hectare. High profitability means leading farmers in this new industry will have very buoyant bank accounts. Hazelnut is a tree native to Asia, and for…
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