Macadamia Orchards has signed two separate agreements to sell macadamia nuts to Mac Farms of Hawaii and Purdyco International.


The agreement with Mac Farms is for the sale of between 4.5m and 5.5m wet-in-shell pounds per year, while the deal with Island Princess is for a volume of around 2m pounds annually. Both contracts will take effect from 1 January 2007 and will run for five years.


Nut prices for both contracts will be mutually agreed every six months, based on market prices.


ML Macadamia Orchards currently sells its entire production to Mauna Loa Macadamia Nut Corporation, part of the Hershey’s group. But four of the five nut purchase agreements with Mauna Loa expire at the end of 2006. Earlier this year, the company signed another contract to sell 6m pounds of nuts a year to Hamakua Macadamia Nut Corporation, with effect from 1 January 2007.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now