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Almond Market Update, page-48

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    The NASS objective estimate released last night has come in at 2.05 billion pounds. This is just slightly higher than the subjective estimate of 2.00 billion pounds issued on 10th May.

    The report is available here:
    http://www.almonds.com/sites/default/files/content/attachments/201606almom.pdf

    The full objective forecast presentation is available here:
    http://www.almonds.com/sites/default/files/content/attachments/almondomfor2016.pdf

    I don't expect this will have a major market impact as it is so close to the subjective estimate.
 
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