Turkey Troubles and Spicy Hazelnuts

Published on
August 23rd, 2018
Topic
Food agriculture, US Economy, FX, Politics
Duration
18 minutes
Asset class
Currencies

Turkey Troubles and Spicy Hazelnuts

The Knock-On Effect ·
Featuring Alex Rosenberg, Roger Hirst, Justine Underhill

Published on: August 23rd, 2018 • Duration: 18 minutes • Asset Class: Currencies • Topic: Food agriculture, US Economy, FX, Politics

Why will the crisis in Turkey lead hazelnuts to be covered in wasabi? Alex, Roger and Justine discuss. Filmed on August 17, 2018.

Comments

  • BS
    Bill S.
    26 August 2018 @ 18:58
    Look at the comment numbers, very low indicating low viewership
  • sw
    ssa w.
    25 August 2018 @ 11:59
    WTF is with the headphones? You are going in wrong direction RV.
  • JC
    Justin C.
    24 August 2018 @ 18:17
    Very disappointed in Alex... All those flavors from Blue Diamond and he didn't get Sriracha.
  • IC
    Ibrahim C.
    24 August 2018 @ 08:57
    There is no clear message to conclude this video. One thing is certain that Turkey would have the currency advantage for her exports, however this is a state controlled sector and the margins will also be handled by the government at the end. Due to its long term shelf life, hazelnuts (old crop or new crop) can be traded on a long term basis. So it would definitely benefit Turkey, but how much impact overall on the total count of exports is a question mark! Regarding Nutella, the product has only 7% of its content in Hazelnut, however most of the product (>60%) is composed of Palm Oil. I do not think that Nutella requires so much Hazelnut as raised by Alex for its single brand. On the contrary, Ferrero had also acquired a hazelnut producer in Turkey (the 3rd largest) to cushion up their own factory there. For long term investment, it is really strategic decision to increase their geographical coverage as Turkey serves as their center for logistics.
  • CB
    C B.
    23 August 2018 @ 18:18
    This series is based on a neat idea, and one with investment relevance. Just wish the 'knock-on' was something that was actually investable. Also, why do you guys wear the headphones? It's kind of distracting.
  • OT
    O T.
    23 August 2018 @ 15:37
    Great idea, i am going to sell short the Dec hazelnut contract at the Chicago futures. Wait, nut futures, are you nut?
  • OT
    O T.
    23 August 2018 @ 15:37
    Great idea, i am going to sell short the Dec hazelnut contract at the Chicago futures. Wait, nut futures, are you nut?
  • MS
    Mark S.
    23 August 2018 @ 13:27
    Alex should probably learn how to pronounce the names of the various states in America.
  • PU
    Peter U.
    23 August 2018 @ 12:50
    content is good, the delivery detracts from the message
  • PU
    Peter U.
    23 August 2018 @ 12:47
    has the quality of a high school skit

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