Some good news for one specific crop. California farmers are producing more pistachios to meet rising global demand.

This year's harvest, currently underway, is expected to produce the third-largest crop in state history. Growers expect to produce the state's first billion-pound crop next year.

Rising affluence in China and India coupled with increasing health consciousness globally are buoying demand for the nut.

Pistachios have also enjoyed brisk exports to china despite tariffs resulting from the ongoing trade war.