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I don't understand, are growers forced to enter into these contracts? I thought contracting was supposed to lock in a price for the grower as well as the buyer. Would growers contract their entire production, if so that seems shortsighted.
FYI, walnuts make up 30% of DMND's sales and they've been diversifying away from them over the past several years. Walnuts are commodities and prices can fall just as fast as they've risen.