Demand Continues As May Shipments Increase 12%
Did you know, over the past 2 years the average price of almonds has grown by 35 cents? Each of these years, almond sellers have been rewarded with higher prices by holding inventory and selling later in the year. Once again, late in the season, we have the best...
Demand Growth Continues to Surprise Industry
This year, California will successfully absorb an almond crop that is 400 million pounds larger than the industry has ever grown. To put this increase in perspective, it is similar in size to the entire California pistachio or walnut crops. Demand growth continues to surprise the industry. In April,...
Is Two Billion Pounds Of Almonds Enough?
Since the National Agricultural Statistic Service (NASS) announced its May subjective estimate of 2 billion pounds for the 2012 crop, some are worried that it is too much. Only in the last five years has the almond industry grown beyond 1 billion pounds, but in this dynamic growth...
Almonds Solidify as Temperatures Rise
The month of May will bring growers out in the orchard to take care of weed control, fertilization and pest management. Irrigation is also a big activity in May due to the normal increase of temperatures. Growers along the west side of the Sacramento Valley served by the...
Subjective Estimate for 2012 Almond Crop Released
The initial subjective estimate released today by the USDA National Agricultural Statistics Services (NASS) for the 2012 California almond crop is 2 billion pounds, in line with market expectations. The new crop is estimated to be 1.5 percent below
last year’s record production of 2.03 billion pounds. This year’s...
NASS Almond Acreage Update
The USDA/NASS released their 2011 California almond acreage report on Thursday, April 26, 2012. California’s 2011 almond acreage is estimated at 835,000 acres, up 1 percent from the 2010 acreage of 825,000. Of the total acreage for 2011, 760,000 acres were bearing and 75,000 acres were non-bearing. Preliminary bearing...
March Shipments Set New Record
This week’s release of March shipment data once again surprised the industry on the high side. Shipments for March 2012 grew 32%, totaling 172.5 million pounds, a new record for March. Year-to-date totals are at 1.343 billion pounds, a 15% increase over the same period last year. Almond demand...
Strong Almond Bloom Kicks Off 2012
The recently completed 2012 bloom has provided some hope of a crop that can fuel continued growth. California almond growers enjoyed relatively good conditions during February’s bloom season with only a few days lost to inclement weather. A cold air mass swept across the entire Central Valley during the...
February Shipments Sets New Record
Industry shipments for February 2012 established a new record for the month, totaling 149.9 million pounds, beating the previously monthly record set last year by 29.5%. Year-to-date totals through February are at 1.171 billion pounds, a 13% increase over the same period last year. Domestic shipments for February totaled...