Blue Diamond Almonds, California Industry Update
The California Almond Industry reported today that shipments for the month of September recorded 163 million pounds, off -8% for the month compared to the prior year. U.S. demand has remained the strongest. Domestic shipments of 48.5 million pounds were off slightly, -2%, for the month and are nearly...
Uncertainty of the 2014 California Almond Crop
Even with very good prices, the uncertainty of harvest, has made California reluctant to sell this crop….....
“And it was just right.” Goldilocks
On June 30, NASS released their Objective Estimate of 2.1 billion pounds. It would make the coming crop a new record, although only 5% higher than current crop. The industry was surprised. Forecasts were generally lower due to drought impact and extrapolating some challenging local conditions. I see this...
Blue Diamond Almond Market Update
Strong shipments for the California Almond Industry continued into the month of June. Yesterday’s release of the Industry Position Report showed a record shipment for June. Net shipments of 152.8 million lbs. were 11.3% larger than last June. YTD shipments through June total 1,804.9 million pounds, pushing up the...
NASS Objective Estimate for the 2014 California Almond Crop Projected to be 2.1 Billion Pounds
The NASS Objective Estimate for the 2014 California almond crop was released this week on Monday. NASS estimates the 2014 crop to be 2.1 billion pounds. The estimate represents a 4.5% increase over the 2013 crop. For the fourth consecutive year, California is projected to produce a crop close...
The supply of almonds has not meaningfully grown since…
The supply of almonds has not meaningfully grown since the 2010 crop. Acreage has grown at 2-3%, but yields per acre have not matched the high mark of 2010 (not incidentally our last wetter than average rainfall year). The May Subjective Estimate of 1.95 billion...
Blue Diamond California Almond Market Update
The California Almond Industry continued to experience strong shipments for the month of May. The Industry Position Report showed shipment totals of 143.7 million lbs., an increase of 9% from last year. YTD shipments through May totaled 1.652 million lbs., an increase of 4.7% over prior year. The 2013...
2014 California Almond Crop Update – May 27, 2014
This report covers conditions and observations made between Monday, April 28 and Sunday, May 25, 2014. The next report is scheduled for Monday, June 30, 2014. However, in the event of any significant occurrences prior to that date, this site will be updated as soon as possible. Daily maximum...
Almond Market Update – May 13, 2014
May 13, 2014 The April California Almond Industry Position Report was released Friday May 9. Shipments for April increased 6% over prior year to 137 million lbs. YTD total shipments increased to 1,508 million lbs., up 4% and growing from the previous year. The 2013 crop remains at just...
California’s Water Shortage Likely to Impact Crop Yield and Nut Size for the 2014 Almond Crop
Yesterday, the Sacramento Bee published a story on the California Almond Growers continued struggle to find ample water for their crops. A link to the full story follows. Sacramento Bee – May 11, 2014 California’s water shortage likely to impact crop yields and probably the size of the almonds...