USA Report, page-251

2024 Californian Subjective Crop Estimate has just been released and is negative for SHV with the estimate of 3.0b pounds (2nd highest on record) almost certain to put downward pressure on almond pricing.

https://www.nass.usda.gov/Statistics_by_State/California/Publications/Specialty_and_Other_Releases/Almond/Forecast/202405almpd.pdf

The 2024 almond crop experienced fluctuating, but mostly
favorable weather for the first half of the growing season.
The bloom began the second week in February for the
early varieties. There were a handful of storms that
brought rain, wind, and hail to some areas, but overall
mild temperatures and excellent weather from the end of
February into early March helped boost pollination. Bee
hours were reported to be significantly higher than last
year. Bloom was finished by the middle of March.

Wet weather and warmer temperatures in April increased
pest and disease pressures. There was minimal to no
threat of frost damage and water allocation is not an issue
for the second year in a row.