Near-Term Demand from India Continues to Bolster Prices
New crop NPIS for August shipment continued to trade at premiums to September shipments in the global almond market the week ending Tuesday on demand from India.
Month: June 2021
Kernel Prices Jump on Supply Constraints
Prices for sized kernel items rose in the global almond market the week ending Tuesday as supplies tightened and kernel demand from India increased.
Growers are Pulling Almond Trees as Drought in California Worsens. What Does it Mean for the Market?
As anecdotal evidence accumulates of almond acreage removal in California, market participants question how many acres are being removed and its impact on supply and market prices.
Growers are Pulling Almond Trees as Drought in California Worsens. What Does it Mean for the Market?
Even with some bud failure, the 400 acres of almond trees in Fresno County should have been profitable for years to come for Stuart Woolf. But soaring water costs and historically low almond prices make this an unusual year. Faced with the prospect of financial losses from this swath of almond production, Woolf decided to …
Latest Industry Position Report Eases Carry-Out Concerns
The May 2021 position report showed record May shipments and healthy new crop commitments, emboldening sellers and lifting prices.
May Shipments Boost Prices
Prices rose in the global almond market the week ending Tuesday after a new position report showed record May shipments.
How Far Along is California on New Crop Sales? An Answer is Here.
New crop commitments, expected to be released on Thursday, will provide the market with its first glimpse into how sellers and buyers are approaching new crop trade.
Current Crop Inshell Prices Continue Ascent
Demand from India continued to propel current crop inshell prices into record levels in the global almond market the week ending Tuesday.
How Far Along is California on New Crop Sales? An Answer is Here.
The story told repeatedly in recent weeks is buyers and sellers have been largely unable to bridge the gap separating bids and offers for new crop transactions, resulting in an impasse. On Thursday, the Almond Board of California (ABC) is scheduled to release numbers testing that story. The new crop commitment numbers, which the ABC …
How Far Along is California on New Crop Sales? An Answer is Here. Read More »
NPIS Climbs to Crop Year High
The assessed price for prompt-shipment NPIS increased to its highest level of the 2020-2021 crop year in the global almond industrial market the week ending Tuesday on strengthening demand from India.
