Walnut Oil Prices Are Up Again In 2017, But They’re Down Source Recode article Walnuts, the world’s most popular tree nut, are back on top again.
The price of walnut oil has soared in 2017.
But Walnut prices have stayed mostly flat since 2017, according to the latest data from the U.S. Department of Agriculture.
The USDA reported on Wednesday that Walnut Prices were Up 27.4% from $6.98 per barrel in December 2017 to $6,084.78 in September 2018.
That’s the highest since December 2016, when Walnut was up 25% in 2017, to $4,878.92 per barrel.
The price of crude oil was up 21% in January 2018, to a new high of $47.85 per barrel, according the USDA.
The latest data shows the price of the benchmark crude was up 6.2% in 2018, compared with a year ago.
The dollar has lost almost 5% against the Japanese yen.
The most recent data from December 2017 showed the average price of Walnut oils for consumers in the U-S.
was $3.25 per barrel on average.
The median price was $2.84 per barrel for the month.
The biggest increase was in the price for Walnut cooking oils.
The average price for cooking oils for Walnuts rose 40% from December 2016 to 2017, from $2 per barrel to $3 per barrel and from $3 to $5 per barrel per year.
The prices for cooking oil rose 18% from 2016 to 2018.
The largest drop was in walnut cooking oil.
The minimum price for the average Walnut Cooking Oil rose 9.7% from July 2017 to June 2018, from an average of $2 to $2,958 per barrel; the median price for a Walnut Cooked Oil was $1.99 per barrel from 2017 to 2018, down from $4.95 per barrel last year.