PECAN REPORT - PecanReport.com is the world's leading news organization covering the global nut market. We provide up-to-date nut prices, nut industry. The price of American walnuts received is at a current level of 2.16, compared to 1.42 a year ago. This represents a change of 52.11% compared to a year ago.
A pound of walnuts equals approximately four and a quarter cups of packed chopped walnuts, or five and a half cups of whole, loose, unshelled walnuts. Alternatively, for baking, you can substitute 2 to 4 tablespoons of walnut oil for 1 cup of shelled walnuts you need.