Nice, try and call me out by ignoring my past posts where I have already pointed out some of your lies and misinformation.
My data shows there has been an improvement in US demand back to the levels of the two preceding years. US already has a high consumption rate per head of capita so the real area for growth in consumption is in overseas markets.
I have not overlooked the fact that uncommitted inventories are 28% higher than last year, I addressed this by pointing out that with the rebound in overseas demand this uncommitted inventory will be quickly overcome.
Historically the only thing holding consumption, hence demand, back has been supply. Were you one of the many doomsaying the almond market back when they were approaching supply of one billion pounds per annum? Supply is around two billion pounds per annum now and the almond market is still profitable with room to grow consumption further!
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Almond Market Update, page-42
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Price($) | Vol. | No. |
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