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Almond Market Update, page-36

  1. 531 Posts.
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    There is nothing good about this report. Record California production is translating into record shipments. They are taking market share from other countries and driving down the almond price.

    Furthermore, the US market has shown no sign of recovery.

    Uncommitted inventories are 28.5% higher than this time last year, which points to further downward price pressure.
 
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