Sellers Withdraw, Lifting Prices
Prices firmed in the global almond industrial market the week ending Tuesday as packing companies throttled back on selling activity.
Month: May 2021
USDA’s NASS Predicts Another Year of Record Almond Production in California
A new California almond crop forecast could usher in a period of low trade liquidity in the global industrial market.
Forecast of Increased Almond Production in California Pulls Prices Down
Prices fell in the global almond market the week ending Tuesday in reaction to a new U.S. Department of Agriculture (USDA) crop forecast.
USDA’s NASS Predicts Another Year of Record Almond Production in California
A new California almond crop forecast rejected by sellers and embraced by buyers could usher in a period of low trade liquidity in the global industrial market as the two sides dig into divergent views of market fundamentals. The 2021 California Almond Forecast, released May 12 by the U.S. Department of Agriculture’s (USDA) National Agricultural …
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Bearish Carry-Out Estimates Turn Bullish Following Release of April Shipments
Record April shipments change the carry-out calculus as the crop year near its end.
An Almond Futures Contract in India is Nearing its One-Year Mark. Here’s How it Has Fared.
The story of the nascent almond futures contract highlights the evolution of the almond market in India and the challenges companies face trading in the global market.
Prices Fall Ahead of Report Showing Record April Shipments
Inshell prices showed their steepest retreat in months in the global almond market the week ending Tuesday as the recent Covid-19 surge in India continued to sap new demand.
An Almond Futures Contract in India is Nearing its One-Year Mark. Here’s How it Has Fared.
The creators of a unique almond futures contract hoped it would provide bulk almond buyers and sellers with a useful price risk management tool when they introduced it last June. But as the contract nears its one-year anniversary, it has yet to achieve the widespread use its creators envisioned. The story of the futures contract …
Nonpareil Prices Climb as Supply Tightens
Diminishing supplies of Nonpareil kernel items drove prices higher for those items in the global almond market the week ending Tuesday.
