Project will increase capacity at a key export point for California almonds
Month: April 2021
Two new estimates say the state’s almond-bearing acreage is up 6%, pointing to the potential for increasing production in the years ahead.
Prices for STDS and SSR-grade items fell in the global almond market the week ending Tuesday after two new acreage estimates raised questions about the size of California’s upcoming crop.
Prices increased in the global almond market during the week ending Tuesday following a report predicting California’s 2021 almond production will be 300 million pounds less than current crop output.
An early estimate of the state’s 2021 almond production is more bullish than some market observers expected.
One of the first forecasts of California’s 2021 almond crop was smaller than many market observers expected. The widely anticipated estimate from U.S.-based Terra Nova Trading and U.K.-based GLM Trading, released on April 14, puts California’s 2021 crop at 2.8 billion pounds – 300 million pounds lower than the 3.1-billion-pound current crop. Packers in California …
Packers react with enthusiasm, and surprise, to the latest position report.
A new report showing favorable demand and supply fundamentals for sellers lifted prices for most items in the global almond market the week ending Tuesday.
IIS prices climbed 8 cents in the global almond market the week ending Tuesday on tighter supply and increased demand.