Prices Fall as Demand Falters
A deteriorating short-term coronavirus outlook dampened demand in the U.S. FAS market during the week ending January 26, dragging almond prices lower.
A deteriorating short-term coronavirus outlook dampened demand in the U.S. FAS market during the week ending January 26, dragging almond prices lower.
The creators of a new water trading contract are positioning it as a novel tool for managing water costs – an issue of increasing importance for California almond growers.
Prices for prompt-shipment NPX 20/22 jumped 18 cents/lb in the U.S. FAS market during the week ending January 19, spearheading a price increase across the complex fueled by last week’s bullish shipment numbers.
Crop receipts reported in the December 2020 position report show California on track to reach the 3-billion-pound crop forecast, but questions about receipts persist.
November 2020 exports nearly double compared with the same month in 2019; exports remaining down on the marketing year.
Prices for STDS increased in the U.S. FAS market during the week ending January 12 on firmer demand from Europe.
Prices moved in mixed directions in the U.S. FAS market during the week ending January 5 as buyers and sellers returned from year-end holidays.