Month: March 2021

Gary Keough on the Challenges of Forecasting California Almond Crops

The annual subjective and objective forecasts of California’s almond crop by the U.S. Department of Agriculture (USDA) are important reports for the global almond market, used by market stakeholders across the world to determine selling and buying strategies and more.    Ahead of the latest reports, scheduled for release in May and July, Stratamarkets spoke by …

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Can China Reclaim Its Spot as California’s Top Almond Export Market?

The headline from the latest Almond Board of California (ABC) position report was record monthly shipments, but data showing a continued increase in exports to China could be a more significant development for the global almond market. Market observers say tariff reductions, a weaker U.S. dollar, and a gradual re-emergence in China from Covid-19 shutdowns …

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Prices Mixed as Sellers Hope for Bullish February Shipments

Demand from China and India helped lift NPIS prices in the global almond market during the week ending Tuesday, while prices fell for Nonpareil kernel items. Buyers in China were purchasing NPIS and other inshell varieties such as Winters and Price from California to blend with Nonpareil. Interest from China has been increasing in recent …

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