Will be interesting to see how the Californian situation unfolds in regards to the storms/floods over there. From all reports it sounded a lot more serious with potential for high winds uprooting trees as well as tree losses from inundation, this being on top of 2022's reduction in almond bearing acreage.
Even with all the rain/flooding in California since around Christmas their dams are still depleted and the state is still almost entirely in drought conditions.
Ann: Record Low Almond Prices, But Medium-Term Signals Strong, page-4
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$3.63 |
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