Supply side is still looking good for the short term almond price.
Californian crop looks to be lower than even recent estimates appeared to predict.
"The (September) heat wave reduced their moisture content," Baker explained. "The quality is still good, but that lower moisture content means we lost a lot of weight. Instead of another record crop of 2.1 billion pounds (as estimated), the total now will be in the 1.8 to 1.9 billion range."
http://www.sacbee.com/2012/10/17/4916128/goin-nuts-almond-crop-nears-record.html
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Supply side is still looking good for the short term almond...
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1 | 264 | 4.050 |
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