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Supply looks increasingly manageable for sellers following new report
A new position report from California delivered what most participants expected: an increase in February shipments and more evidence of a 2022 crop slightly under the USDA’s estimate. But coming on the heels of a reset in thinking about the size of the next crop, the report also bolsters the view that sellers will have less supply to move later this year than anticipated just weeks ago.
Inshell, STD5 prices soar as rally continues
A new position report showing higher monthly shipments and a 2022 crop still short of the USDA estimate prompted sellers to raise offers in the global almond market the week ending Tuesday as most assessed prices showed significant gains.
US kernel prices fall as USDA tender details emerge
Prices for most U.S.-origin kernel items softened in the global walnut market the week to Thursday amid tepid demand and thin trade as packers largely refrained from offering high half-count items and focus turned to an upcoming USDA tender.
Potential for diminished crop extends rally
Prices rose in the global almond market the week ending Tuesday as questions persisted about how a recent spell of cold, wet weather in California will affect the size of the state’s 2023 crop.
US high half-count kernel prices rise on expected shortage
U.S.-origin high half-count kernel prices firmed in the global walnut market the week ending Thursday on dwindling availability of light halves material as most other U.S. items backtracked amid limited demand from destination markets.
Prices strengthen on weather risk to crop
Wintry weather moved into California’s almond orchards during the critical bloom period the week ending Tuesday, slowing trade and lifting prices in the global almond market as sellers pulled or raised offers and buyers chased them higher.