Some interesting news fresh from the USA here:
http://www.bdingredients.com/blue-diamond-almonds-market-update-june-11th-2018/
Market PerspectiveWith 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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