Almonds

October 15, 2017

The world almond market remains stable and in general terms, the industry is well sold.

October 2017 was an all time record with an October Californian almond shipment

month at 246.5 million pounds. This is 4.5% up on 2016’s record October and the

increase was both domestic and for export.

Even though the USA crop is still expected to be a record 2.25 billion pounds, a lot of

concern remains about higher levels of chips, scratches and doubles from this season.

This means offers on good quality Supreme and Extra #1 grade natural almonds is more

problematic this season compared to last season. Closer to home, there looks to be frost

damage in some regions from the recent bloom which could adversely affect the total

volume available from the 2018 Australian crop. More will be known on this in a few

weeks.