Another price of almond's rising article -
"We're only really scratching the surface in China. Once they discover the super foods, that $370 million could increase quite significantly," said Colliers International rural agent Jesse Manuel.
Mr Manuel said US investors were among those eyeing up Australian almond orchards.
"They're looking for geographic diversity because of difficult times in California. They need to keep up the supply.
Also interested in almonds, Mr Manuel said, are institutional investors already in the agribusiness space – who are looking for a more passive, leased out investment – and existing operators looking to expand.
"The industry has come a long way. Orchard planting was just under 10,000ha 10 years ago producing around 12,000 tonnes of nuts, now we are nearly at 30,000 ha producing 73,360 tonnes," he said.
http://www.farmweekly.com.au/news/a...nut-becomes-quite-a-super-spread/2713671.aspx
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