Australian Almond Board 2024 almond crop estimate. 17 DEC...

Australian Almond Board 2024 almond crop estimate. 17 DEC 2023

The Australian almond crop estimate for the 2024 season is 164,700 tonnes (kernel weight equivalent).

The Almond Board of Australia’s annual crop estimate aggregates grower estimates from across the industry. This 2024-25 crop forecast is 59.4% higher than the current season’s official intake of 103,381 tonnes and represents a return to average type yields across the five growing regions in Australia. New season harvest is expected to start in February next year.

The ABA released LandIQ spatial mapping data earlier this year that confirmed the industry’s footprint, largely across the southern Murray Darling Basin, was just over 62,400 hectares. The 2024 crop prediction places almond production back on its long term trajectory of more than 200,000 tonnes within the next 3-5 years

.Demand for Australian almonds remains strong with the industry on the verge of selling out of product from this season’s reduced crop, having just posted another record sales month in October

Global pricing remains low but has improved marginally in recent times.
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Language parallels SHV forecast commentary. The data is likely weeks old.

The Oz Almond industry is growing faster than SHV. Anyone have a view on this?

Y'All, Look up the Carina West factory on Google Maps. SHV has tripled the size of raw almond holding bays and put them on the other side. Processing capacity is now 40kt. Third party processing looks promising.

In the adjoining plantation, a lot of unplanted land is being prepped for planting. Good brownfields development on existing infrastructure and owned land.

Then, look 2km SW of Carina at Olam's plantation. It isn't pretty like SHV. Diebacks have been enormous, There are rings of re-plants then re-re-re-plants. Olam holders must be very grumpy at performance.

Ash