Almonds: bumper crop expected in Australia

February 2, 2021 at 6:35 PM , Der AUDITOR
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MADRID/CANBERRA. Although Australia is reckoning with a bumper crop this year, any sharp rises in prices are currently out of the question in the international almond market. Spain has meanwhile officially confirmed inshell production estimates.

Spain confirms uptick in production

Agricultural media in Spain report that in shell production for 2020 has been officially confirmed at 352,744 mt, which is a nominal rise over the 340,421 mt produced in 2019. Production of other nuts has, by contrast, declined in Spain. Hazelnut production is 58% down, chestnut production 37% and walnut production 19%.

Prompted by good supplies and sharp rises in yields in California US almonds are trading in a firm range with nominal fluctuations. Natural conventional Valencia almonds, 12/14 mm, are trading in a range of

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