“Price is what you pay. Value is what you get.” – Warren Buffett
The almond industry has enjoyed strong volume growth for the past two years with steady increases in price — an enviable position for any industry. Prices over the two year period increased by $.40-50 or 12.5% annually with demand growing by 427 million pounds or 13.5% annually. Even with...
2012 Almond Crop Over 60% Committed
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Worldwide Demand for Almonds Expected to Continue in Light of Tighter Supplies
Did you know that name for Almonds in China is changing to Ba Dan Mu? Protectionism, by their bitter Apricot kernel industry, was the driver of this coming change. Through December 2012 almond crop receipts are 1.74 billion lbs. We now project the full 2012 crop to be less...
Strong Demand for California Almonds Limited by Supply
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November California Almond Shipments 5th Largest in History
Did you know that the 184 million lbs. of California almonds shipped in November is the fifth largest monthly shipment total in the history of the California industry? It’s simply amazing how fast the California almond industry has grown. Year-To-Date, as expected, California almond shipments are flat to last...
Almond Shipments Set Single Month Record in October
November 12, 2012 The Almond Board of California reported October California almond shipments of 221 million lbs, achieving a new record for a single month. At the end of October, YTD shipments to two of the industry’s largest markets are up significantly, 9% in North America and 18% in...