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Ann: 2018 Crop Update, page-26

  1. 1,825 Posts.
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    Some interesting news fresh from the USA here:

    http://www.bdingredients.com/blue-diamond-almonds-market-update-june-11th-2018/

    Market Perspective
    With the NASS Subjective Estimate at 2.3 billion lbs, and strong year-over-year growth in demand, the almond industry is facing historically tight supply as we transition crops.
    The combination of a 2.3 billion lb Subjective Estimate and diminishing 2017 crop inventories are reflected in increased current crop pricing.
    Three key things will influence the 2018 crop outlook over the summer months:
    · Continued growth in global consumer demand
    · Results of ongoing trade negotiations
    · The July 5 Objective Estimate.


    Personally, I'm hoping that tight supply pushes our prices up.

    As always - DYOR - GLTAH​
 
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