NASS Subjective Estimate for 2013 Almond Crop at 2.0 Billion Pounds
May 2, 2013 The National Agricultural Statistics Service (NASS) Subjective Estimate for the 2013 Almond Crop was released today at 2.0 billion lbs. The estimate represents a 3% increase in yield from the 2012 crop. Added to the current 2012 Crop supply scenario, growth of 3% in 2013 crop...
“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 Harvest Set To Begin
Did you know that Asia and the Middle East tend to buy the highest quality and most premium variety of almond, Non-pareil, while Europe disproportionately buys the lower cost pollinizers and by-products. The opposite of what one would expect given per-capita incomes. We now have final shipment results for...
June Almond Market Shipment Report
The NASS Objective Estimate for the 2012 California almond crop was released on June 29 at 2.1 billion lbs. Given the trend of steady growth in global almond consumption, supplies will once again be tight in the 2012 crop. In the 2011 crop year, shipments of California almonds increased...
2012 California Almond Crop Projected To Grow 3%
The NASS Objective Estimate for the California almond crop was released today, June 29, 2012 at 2.1 billion lbs. This 2012 crop is projected 3% larger than the 2011 crop and slightly more than the Subjective Estimate of 2.0 billion lbs. released earlier on May 3, 2012. The Objective...
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,...
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...
Fear Is Opportunity In Disguise
Too often people fail to dream big enough. Even worse, instead of focusing on where they want to go, they spend their time thinking about that which they fear. I believe fear is opportunity in disguise. In the case of the almond industry, a few continue to follow traditional...