Ann: Record Low Almond Prices, But Medium-Term Signals Strong, page-12

Select Harvests Limited1,902 followers

2d • Edited • 2 days ago

This week in the orchards: Our orchards are very close to harvest. The nonpareil is at hull split stage, with the other varieties not far behind. In a couple of weeks the shakers will be hard at it and the almonds will be collected and sent straight to processing …we are geared up for the busy months ahead!

Our International & Retail Sales Manager, Ekrem Omer was at our Robinvale facility last week and took these pics of the Carina orchard.

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Harvest time for SHV is getting closer and the long range weather forecast is looking promising:

Issue Notes: 14 February 2023

ENSO status: La Niña, weakening significantly.
IOD status: Neutral, will stay neutral through summer and early-mid autumn.
SAM status: Slightly negative, hovering around neutral.

La Niña is still active but is past its peak intensity. The oceans have returned to neutral conditions, but the atmosphere is still in a La Niña configuration, although it is easing as well. Based on current forecasts, the El Nino Southern Oscillation (ENSO) will return to neutral by mid-March, and stay neutral through autumn. La Niña increases rainfall over Queensland, and generally increases rainfall over the remainder of northern and eastern Australia.

The Southern Annular Mode (SAM) index is currently slightly negative after a long stretch of being positive. While a stronger negative event is expected in late February, it should generally hover around neutral. A negative SAM in summer decreases the likelihood of rainfall over the eastern seaboard but generally increases rain over southern Vic and Tas.