Almonds: US crop breaks all records

February 15, 2021 at 4:08 PM , Der AUDITOR
Play report as audio

MADRID/SACRAMENTO. According to the Almond Board of California, the 2020/2021 US almond crop actually exceeded the expected record result. At the same time, however, disappointing January exports were recorded.

Price pressure remains

Production expectations for the 2020 US almond crop were previously around 1.36 million mt. As the Almond Board of California announced in its January report, the result is now as high as 1.37 million mt. This is an increase of 21% over last year and sets anew record. Including the overstock supplies from last year, 1.58 million mt of shelled US almonds are available this season.

Not only the USA, but also Spain and Australia achieved good crop results; this causes some sales pressure in the market for the commo

View related articles

Go to the News Overview
Nuts
Nov 25, 2024
NEW DELHI/BUENOS AIRES. Prices for Indian peanuts are currently volatile and there is disagreement as to whether they will rise or fall in the coming weeks; both seem possible. Argentine market players are facing numerous challenges.
Nuts
Nov 25, 2024
FRESNO. Domestic demand is strong for US pistachios. Exports to China have slumped. Water is an issue in California.
Nuts
Nov 22, 2024
ORDU. While producers are patiently waiting for Ferrero to conduct the next move, producers are holding back incredible volumes of hazelnuts in Turkey.
Nuts
Nov 21, 2024
BRUSSELS. Eager suppliers are urging customers to act fast for pine nuts in China and Turkey. As recent import statistics show Russia’s export duties have failed to impress buyers in the EU this season so far..