Almond Industry Update – March 17, 2015
The February Almond Board Position report shows 2014 crop receipts winding down as expected. February receipts of 16 million pounds pushed the crop just over 1.85 million pounds. Remaining receipts will slow to a trickle, leaving the 2014 crop total materially unchanged. The labor dispute at West Coast ports...
Blue Diamond Almonds, Industry Update – February 13, 2015
February 12, 2015 The January Almond Board of California (ABC) Position Report confirms West Coast port congestion has taken center stage in the California almond industry. While the work slowdown has been evident since November, the situation has escalated substantially in recent weeks....
Almond Prices: A New Normal
The spectacular and extended rise in almond prices has the industry concerned that we have reached the peak. Many of you have lived through rising and falling prices. You may even recall there has been a five-year pattern to almonds prices. As we enter the fifth year of rising...
Blue Diamond Almonds, Industry Update – January 10, 2015
California Almond Industry Update January 10, 2015 The California almond industry shipped 148 million pounds in December. With the 2014 crop down double-digits to last year, the 6% decline surprised the industry on the upside. The shipments would have been even stronger if not for containers held up in...
Blue Diamond Almonds, Industry Update – December 9, 2014
The 2014 crop is 95+% received through November, and now projects to 1.825 billion. The very early harvest, rain-free weather, and smaller overall crop, all contribute to the faster conclusion of the 2014 crop harvest. With a 2014 crop of 1.825 billion, and a total net supply of 2.138...
Blue Diamond Almond Market Update – November 13, 2014
The ABC October almond crop receipts are at 1.516 billion pounds. With an earlier harvest, and quick processing through huller/shellers, all receipt activity will be completed by the end of November. The 2014 almond crop projects to final receipts of approximately 1.85 billion pounds. With a decreased almond supply...
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...
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...