Shocker: California Almond Objective Estimate: 2.20 Billion Lbs. Per Acre: 1,880 lbs. (well below the 2018 yield of 2090 and 2017 yield of 2270) Bearing Acres (Trees planted 2016 or earlier): 1,170,000 (+80,000 acres) VS. Subjective estimate of 2.5 Billion…
The Almond Board of California released the May position report Shipments were 178.7 million lbs. vs. 158.3 million lbs. in 2018 – an increase of 13% and a new record. DEMAND U.S. (up 1.4% YTD) was flat Exports (down 1.1%…
NASS released their subjective figure, forecasting California’s 2019 almond crop at 2.50 billion lbs. An estimated 2,140 lbs. per acre on 1,170,000 bearing acres. The estimated yield is up 2.4% but estimated total production is up 9.6% due to increased…
The Almond Board of California released the April position report Shipments were 177 million lbs. vs. 176.4 million lbs. in 2018 – slightly up. **It is easy to forget that a year ago, 10.6 million lbs. of unreported shipments from…
The Almond Board of California released the March position report Shipments were 184.9 million lbs. vs. 193.9 million lbs. in 2018 – down 1.7% DEMAND U.S. (up 3% YTD) was down 4% Exports (down 3.7% YTD) were down 5% Western…
The Almond Board of California released the February position report Shipments were 186.9 million lbs. vs. 190.1 million lbs. in 2018 – down 1.3% DEMAND U.S. (up 4.15% YTD) was up 8.7% – the best month over month increase all…
The Almond Board of California released the January position report Shipments were 209.6 million lbs. vs. 193.5 million lbs. in 2018 – up 8.3% DEMAND U.S. (up 3.5% YTD) and Exports (down 3% YTD) were both up over 8% for…
The Almond Board of California released the December position report Shipments were 199.6 million lbs. vs. 204.6 million lbs. in 2018 – down 2.4% DEMAND…remains steady U.S. up 0.8% (up 2.4% YTD) Exports down 3.5% (down 5.2% YTD) Western Europe -9%…
The Almond Board of California released the November position report Shipments were 237.6 million lbs. vs. 228.5 million lbs. in 2017 – a new record DEMAND… …strong lately, with steady interest for prompt meanwhile many packers already have their plant…
The Almond Board of California released the October position report Shipments were 247.1 million lbs. vs. 246.5 million lbs. in 2017 DEMAND Expectations were for about 225 million lbs. of shipments, so this is a positive surprise for the market….