From interview with Blue Diamond: (will be interesting to follow...

From interview with Blue Diamond: (will be interesting to follow the weather and upcoming bloom season in California)
Mark Jansen Almond Insights | Almond Industry 2016 Preview
What probably will be the single biggest determinant of pricing is going to be expectations of bloom weather, and then actual bloom weather. If I look back over history, the last two very strong El Niño year periods were 1998 and 1983, and in both of those years, almond yields dropped by a third. If we get strong El Niño impact in late February or early March, I think we will see buyers who have been around for a while recognize that there’s real risk on the size of the coming year’s crop.
Even with more water, the irony is if we don’t have bloom weather, we’re not going to have a big crop, so expectations about bloom weather and the ultimate bloom weather will have a profound impact. I wouldn’t be surprised if January is the low point in this coming year’s cycle for almond prices.