Australia lowers its 2022 almond crop estimate, but still shows record growth
The latest estimate shows almond production in Australia growing by 17% from 2021 to 2022.
The latest estimate shows almond production in Australia growing by 17% from 2021 to 2022.
Two 2022 crop STD5 trades for shipment in Q4 2022 were reported this week in the global almond market, giving the market a first look at new crop pricing.
November shipments from California are down 16% from the year-ago month, new data shows.
Trade in the global almond market leading into the release of the November position report was relatively quiet the week ending Tuesday, but pricing for larger kernel items continued to show strength while STD5 and NPIS markets were unchanged.
Prices for several large-kernel items inched up in the global almond market the week ending Tuesday as trade activity lessened.
Prices drifted in the global almond market the week ending Tuesday as demand from Europe ebbed and sellers withdrew from trade in expectation that prices would strengthen.