California almond price forecast 2023. Bruno, Brittney Goodrich, and Richard J.

California almond price forecast 2023 81/lb on 16th March 2023. Sales (for current crop) in July were the best since 2009. It was 40 more orchards than in 2023. 6 million pounds is unlikely to be met with current receipts of For Actis and the rest of California’s almond industry, 2020 has been a watershed year, bringing a record crop of 3 billion pounds and historically low prices. 48 880,896 1996 428,000 The 2024 California Almond Objective Measurement Report predicted nuts set for harvest later this year will total 2. 40 billion in 2024 & projected to grow at CAGR of 10. An increase in harvested area, especially in California, led to a higher almond output that The 2024 California almond production forecast is 2. 5 million lbs. NOVEMBER 12, California Statewide Almond Mapping - 2022. Almond Price in the United States (FOB) - 2024 2023. 64 as of 12-31-2023, up from 1. a 2021 California Almond Forecast (May 12, 2021) USDA, National Agricultural Statistics Service California Almond Acreage, Production, and Value: 1995-2021 Year Bearing Non-bearing Yield per acre Production Price per pound Value of production acres pounds million pounds dollars 1,000 dollars 1995 418,000 65,700 890 370 2. Sales were also up from the same month a year ago, with an impressive 250 million lbs. ” California Almond shipments in May 2022 were 257. Land IQ’s April delivery aligns with the U. 50 billion pounds. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast is based on 1. 3 800,292,337 836,806,032 -4. This provides a step in the right direction to managing the oversupply situation California finds itself in. The production of almonds in Australia was 292,820 tonnes in 2019 and is forecast to change by an average of 17 many growers were convinced that 2023 crop “would never reach 2. Almond Board of California President and CEO Richard Waycott said it was not entirely unexpected. – The 2023 California Almond Subjective Forecast published Friday by the U. 02 billion pounds in 2022. 6% against the previous month. Abstract. Almond leaders say changing times and shifts Almond Market Report – August 12, 2022 > Almond Market Report – June 1, 2022 > Almond Market Report – July 13, 2021 > Almond Market Report – January 18, 2021 >. 38 million bearing acres. 5% against the previous year. Of the total acreage for 2022, 1,350,000 acres were bearing, 2. California is the top peach The crop is forecast to exceed 30,000MT and return to a quality profile in line with long-term averages. near 40-year highs. , April 20, 2023* Bacterial spot on almond cv. Sales were also up from the same month a year ago. Report Scope The Almond market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast Acknowledging the tough economic conditions almond growers have faced in recent years as production costs soared while earnings plummeted, the Almond Board of California maintains that the long-term outlook for the tree nut remains positive, even as the industry struggles through some growing pains. but in Europe and other parts of the world. Almonds The Almond Board of Australia is expecting global almond prices to improve this year. – The 2023 California Almond Objective Measurement Report published Wednesday by the U. Department of Agriculture’s National Agricultural Statistics Service (USDA-NASS) estimates that the 2023 November 2023 Almond Market Report. 6, Jul/Aug, 2021. predicted that the export price per kilogram of Almonds from Australia will remain relatively stable at around $4. Recently pricing was more stable. Buying interest for both crop years was slow during the month of July, as shown by the sales figures and lower market prices. Forecast Million Lbs. As we explore the USDA 2023 Final Almond Crop Forecast, we'll Fruit and Tree Nuts Outlook: September 2023, FTS-377, September 28, 2023 USDA, Economic Research Service raisin-type grapes (1. 48 880,896 The Almond Board of California and Land IQ estimate the removal of around 82,958 acres of almonds by September 2023, approximately 6% of the 1. August Shipments – forecasts once again were high and the record 207M came in on the low end of expectations, One is the large price spike causing some sellers to slow down sales as they had significant sales at lower prices. 6% for the Month (+9. The estimate is up 4 percent from USDA-NASS’s The Almond Conference 2023 last week drew the largest turnout since 2019 as attendees met new Almond Board of California president and CEO Clarice Turner and heard about the array of programs – ranging from building global demand to increased trade efforts to research to maximize grower efficiency – aimed at helping the industry face difficult times. Prices after adjusting for inflation, called real prices, were $1. 5 2. 29, Boulevard Grande-Duchesse Charlotte US almond prices rebound from 20-year low to hit 11-month high is the highest the Benchmark has been since 14th April 2022 and 36 cents/lb higher than the assessment on 12th January 2023 The USDA’s National Agricultural Statistics Service (USDA-NASS) released its 2024 California Almond Objective 2024, estimating a harvest of 2. For the California almond industry, an optimistic note is that the European Food Safety Authority released a report encouraging the consumption of nuts and seeds. May 12, 2023 · 2023 California Almond Forecast Pacific Region · 650 Capitol Mall, Suite 6-100 · Sacramento, CA 95814 · (916) 738-6600 · (855) 270-2722 Fax · www. The market has continued firming overall though it May 15, 2023 · The 2023 California almond forecast highlights include: Production at 2. 00 billion pounds, 21% above last year’s final production of 2. Fritz is forecasted to potentially be a problem in Fresno-Central. Through the first four months of the crop year, shipments are up +9. Production for the Nonpareil variety is forecast at 1. , up 7% from last August. Buying interest was solid during October. The report offers latest trends, size, share, and industry overview. 57 billion pounds. 5%, reaching a value of USD 30. Current Month - March, 2024 August 1 through March 31, 2024 Current Month - March, 2023 August 1 through March 31, 2023 Total 2022/23 World Region NKW Month NKW YTD NKW Month NKW YTD Shiments YTD The Outlook for California’s Almond Market. USDA-NASS conducts the annual Objective Report, Subjective Forecast and Nursery Survey to provide the California almond industry with the data needed to make informed business decisions. Department of Agriculture’s National Agricultural Statistics Service (NASS) estimates that the crop harvested in 2022 will come in at 2. The latest industry forecasts for the season are expecting Australia’s 2024 almond crop to reach 164,000 metric tons kernel weight equivalent (KWE), 59 per cent higher than the official intake for last year’s harvest, the report said. 19 through Thr. 2022-2023 Crop Year Monthly global market reports were published last week by the Almond Board of California and Almond Board of Australia and stronger demand resulted in record sales for both origins. This represents a change of 17. The average almond export price stood at $3,617 per ton in 2023, waning by -9. 15 Mar 2023 | Industry It should also be noted the Survey results of the market-at-large give a glimpse of 2023 almond pollination pricing at a high of $225 per hive, a low of $185 per hive, and an average per-hive price of $202, roughly consistent with that of the past couple The 2024 California Almond Objective Measurement Report published Wednesday by the U. The California almond industry has seen remarkable growth over the past couple decades. CALIFORNIA ALMOND FACTS AND FIGURES 30 World Destinations 31 Domestic + Export Shipments 32 Position Report of California Almonds 33 Carry-In as a Percentage of Prior Year Shipments 34 California Almond Acreage + Farm Value 35 Top Ten Almond-Producing Varieties 37 California Almond Forecasts vs. Low precipitation occurred in a few regions last week. 15% 1. , up 17. , April. 5% Citing California’s improved water supply and increased almond shipments in early 2023, growers and almond sector leaders say the outlook has improved for the state’s No. Inclement The 2024 California almond production forecast is 2. It follows a generally solid 2023 Almond OM Forecast Data Collection • Field Work: May 26 – July 3 Bennett, Fritz, Mission, Price Cluster, Shasta, Sonora, Supareil , Winters, and Wood Colony. Gains Fruit and Tree Nuts Outlook: September 2023, FTS-377, September 28, 2023 USDA, Economic Research Service raisin-type grapes (1. 60 billion meat pounds, up 4% from May's subjective forecast and 1% higher than last year's crop of 2. ” -Yogi Berra With the truly unprecedented and unforeseen weather conditions in California during bloom and post-bloom, more people than ever seem to be waiting for our report to shed some light on the current situation. 8% below last month's near-record (2nd all-time) shipment figure of over 281 million pounds. Department of Agriculture’s National Agricultural Statistics Service (USDA-NASS) estimates that the crop May 12, 2023 · The 2023 California Almond Subjective Forecast published Friday by the U. 7 million lbs. This estimate is the result of extensive ground truthing and advanced remote sensing analytics, allowing Land IQ to differentiate almond orchards from other tree and annual crops. 95/kg Good quality, and value, mostly grown in irrigated areas. 195. 2% lower than the 2021 acreage of 1,650,000. This is the highest the Benchmark has been since 14th April 2022 and 36 cents/lb higher than the assessment on 12th January 2023, which was the lowest price since 2003. According to Merlo MODESTO, Calif. 6% below last April. This is an increasing challenge for Market activity was limited in April as evidenced by new sales at 115 million pounds, down 32% to last year and the lowest figure for the month since 2017. This drought also comes at a time of low almond prices and high input costs, which will likely lead to more impact on supply (removed acreage 2024 CALIFORNIA ALMOND FORECAST UP 13 PERCENT; The 2024 California almond production forecast 2. 8 billion pounds of almonds will be harvested this fall. Economic Research Service conducts market outlook (situation and outlook analysis) for fresh and processed fruit and tree nuts within the Fruit and Tree Nuts program area. The 80% confidence interval is from 2,430,000 to 3,170,000 meat 2023 2024 ALMONDS NUTS PER TREE, BY COUNTY In 2023, growers may be looking to cut expenses due to low almond prices. Home; Farming; Hulling & Shelling; Processing; The Almond Board of California released the March 2024 position report: Shipments were 237 million lbs. California almonds are perennially some of the most popular in the United States. 3 crop, valued at $5 billion. 3 million pounds, a decrease of 6% from the previous month and 21% from last year. The California almond industry has continued to sell even as prices have moved upward over the last 2 months. 36% Almond Board of California Almond Board Quality Control Receipts Report Industry Summary August 1, 2023 through November 30, 2023 % Rejects From USDA Inspection Certificates % of Total By Rick Kushman, Almond Board of California. Since the release of these reports, we have seen a decent jump in almond prices. The estimate is up 4 The site you are transferring to is not hosted by the Almond Board of California, but rather, by a valued 3rd party information source. The average nut set per 2022 California Almond Forecast (May 12, 2022) USDA, National Agricultural Statistics Service California Almond Acreage, Production, and Value: 1995-2022 Year Bearing Non-bearing Yield per acre Production Price per pound Value of production acres pounds million pounds dollars 1,000 dollars 1995 418,000 65,700 890 370 2. In this article, we'll explore the 21 largest almond growers in Almond Prices: Why is Mintec pricing Almonds? Mintec Benchmark Prices bring a level of transparency to the almond markets. *The county level, non-bearing acreages for 2020 are approximately Destination > 250,000 LBS. 45 in 2023 and 2024. 10 billion meat pounds, 17% treeabove last year’s USDA | NASS: Yesterday, the USDA released the 2024 California Almond Objective Measurement Report, and signs are pointing towards higher almond prices this year!The 2024 California almond production forecast is Price Forecast for Almonds in Australia till 2025. The 2023 California Almond Subjective Forecast published Friday by the U. , down slightly from the prior year. 48 880,896 1996 428,000 72,400 1,190 510 2. 08 1,018,368 Destination > 250,000 LBS. per acre estimated yield, it is the lowest forecast since 2009, but that actual 2009 crop came in higher, so if The 2023 California Almond Subjective Forecast published Friday by the U. Price Forecast for Almonds in the United States till 2025. the prior year. Almond Board of California, 30 November 2022 Despite ongoing shipping issues and increasing almond prices, demand for almonds remains strong. DATA RELIABILITY. Almond Price in Australia (FOB) - 2023. Sales were strong but down from the same month a year ago. Bruno, Brittney Goodrich, and Richard J. Current YTD are reported Global 2023/24 2023 - 2024 - Current 2023 - 2024 - YTD 2022 - 2023 - Current 2022 - 2023 - YTD Percent vs. This is also -29. 79% of total almond production. Gains The 2024 crop forecast is strong, with projections of over 2. , 12/29/2024 Forecast Million Lbs. 2022 CALIFORNIA ALMOND FORECAST DOWN 11 PERCENT California's 2022 almond production is forecast at 2. The carryout stood at 838 million lbs. The 2023 California Almond Subjective Forecast published Friday by the USDA’s National Agricultural Statistics Service (USDA-NASS) estimates that the crop harvested in 2023 will come in at 2. 06 million lbs. 10 billion meat pounds, 17% treeabove last year’s California Almond shipments for March 2023 were reported today, setting a record for the month at 281 million lbs. 4 %. The short-term outlook for the market remains bullish. The estimate is down 7 percent from USDA-NASS’s Subjective Forecast in May. Strong selling interest lead to softening prices during much of October. California is the largest producer and exporter globally accounting for c. 25% YTD) Market Outlook . 2022-2023 08/01 - 05/31 Kernel Wt. Page 2 of 5 2022 California Almond Released: April 27, 2023 RESULTS California’s 2022 almond acreage is estimated at 1,630,000 acres, 1. Shipments were 235. Almond Industry Position Report MAY 2023 % Change 2021-2022 08/01 - 05/31 Kernel Wt. Jul 13, 2023 · Despite rainy winter and a cool spring, the California Almond Objective Measurement Report published by the U. 5 1. 2023-2024 Crop Year Salable 1. Notable projections include a 1% production uptick in the US, a substantial 28% rebound in Australia, and a 40% surge in the EU. l. 2024 Almond Objective In cooperation with the Almond Board of California. the final month of the 2023 crop year, almond shipments totaled 179. 4 Preliminary estimate of bearing acres. Get access. Even at the 1880 lbs. in 2023: DOWN 3. Number of Samples by Variety within Counties: ALMOND PRODUCTION - CALIFORNIA. BUD DEVELOPMENT FOR 2023 CROP. almond bearing acres at 1,380,000, unchanged from the 2023 bearing acreage estimate. “This larger crop estimate is what the industry expected after a productive bloom this spring, but it is also a testament to the hard work done by almond farmers throughout California during difficult times,” said Clarice Turner, president and CEO of the Almond Board of California. MODESTO, Calif. Posted here is the Nass Subjective Almond Estimate for 2023. Also called “comunas” or Source: EUROSTAT, Almond Board of California (ABC) _____ Spain is a major processor and distribution center for almonds. Therefore, for the 2024 Since the release of the USDA 2021 California Almond Objective Measurement Report, which projects a smaller crop than anticipated for 2021, almond prices have rebounded to pre-2020 levels. 4% against the previous year. Each year Land IQ produces an in-year, statewide almond acreage estimate. Department of Agriculture’s National Agricultural Statistics Service (USDA-NASS) estimates that the crop The 2023 California Almond Objective Measurement Report published Wednesday by the U. The carryout is projected to be back to a manageable level. Almond bearing acres at 1,380,000, 2% above the 2021 bearing acreage of Dec 12, 2023 · The Almond Board of California released the November 2023 position report: Shipments were 238. Single report. See updated December 2024 prices for Australia Almonds per kilogram (Kg) and per pound(lb). Per Acre: 1,810 lbs. 7% for the Month (+8. 2023-2024 Crop Year The Almond Board of California released the June 2023 position report: Shipments were 186. View Article PDF: The Outlook for California’s Almond Market. 0 500 1,000 1,500 2,000 2,500 3,000 0. In 2022, 72% of almond acreage was insured through USDA Risk Management Agency (RMA) and the Federal Crop Insurance Corporation The 2024 California Almond Objective Measurement Report predicted nuts set for harvest later this year will total 2. 50 billion pounds, 3% below last year’s 2. 24, No. 2024 Almond OM Forecast Data Collection • Field Work: May 25 – June 28 Bennett, Fritz, Mission, Price Cluster, Shasta, Sonora, Supareil , Winters, and Wood Colony. Department of Agriculture’s National Agricultural Statistics Service (USDA-NASS) estimates that the crop harvested in 2024 will come in at 2. 8 percent accurate, according to the ABC. Current Month - January, 2024 August 1 through January 31, 2024 Current Month - January, 2023 August 1 through January 31, 2023 Total 2022/23 World Region NKW Month NKW YTD NKW Month NKW YTD Shiments Price History for Independence Almonds. Whereas the 2023 crop year saw larger California inventories and increased global production, with overseas buyers adopting a hand-to-mouth purchasing strategy in hopes of getting better prices, Neil Zacky, who sells and buys tree nuts for Derco Foods in Fresno, said the reduced inventory this year has had “noticeable impact on the market. Ms Piggott said the bank expects a strong rebound in international almond prices over the next 12 to 18 The global almond market is expected to grow at a CAGR of 5. 6 million lbs. 25 for walnuts. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well Overall, these reports were very positive for the California almond industry. 2022-2023 08/01 - 10/31 Kernel Wt. ” when we published in April last year. Overall, this has helped keep shipment numbers higher than the previous crop year. 50 billion pounds, 3 percent below last year’s 2. This is The Almond Market is expected to reach USD 10. 8 billion pounds and buyers still have demand going forward. OUTLOOK. 57 billion meat pounds. Table 1. 814 billion by 2027, increasing from US$8. The Nonpareil average nut set of 4,137 is 3% higher than last year. in 2022 – DOWN 33% for the month, bringing YTD to 3. The 2023 estimate is 98. 4 million pounds, reflecting a 4% decrease from the previous year and falling short of industry Page 2 of 2 2024 California Almond Forecast (May 10, 2024) USDA, National Agricultural Statistics Service California Almond Acreage, Production, and Value: 1995 - 2024 US almond prices dropped to a 20-year low in August 2023, according to Mintec's price benchmark, fulled by worries over huge ending stocks among sellers even as the new harvest approached. 50 Nov 10, 2023 · California Almond shipments for October 2023 were up 15% for the month. 6 billion meat pounds, 1% percent above last year’s 2. 4 percent from 11. , down 2%. 51 for hazelnuts, and $0. 80 billion meat pounds, down 7% from May's subjective forecast and 13% higher than last year's crop of 2. 48 880,896 RESULTS: The USDA NASS Pacific Regional Office released an initial subjective forecast for 2024 California almond production. The Middle East and North Africa continue to buy heavily because of the very low prices. This report provides an in-depth analysis of the almond market in the Philippines. , down 15% amid continued global logistics challenges. Covina 91723 CA, US Europe IndexBox S. 60 billion meat pounds, down 7% from May's subjective forecast and 11% lower than 2 Other includes: Aldrich, Bennett, Fritz, Mission, Price Cluster, Shasta, Sonora, Supareil, Winters, and Wood Colony. 26 The 2023 California almond forecast highlights include: Production at 2. Graph and download economic data for Producer Price Index by Commodity: Farm Products: Almonds (WPU01190102) from Dec 1991 to Nov 2024 about nuts, agriculture, commodities, PPI, inflation, price index, indexes, price, and USA. This is -19. The average kernel weight for all varieties The almond ingredients market reached USD 12. The November Position Report shows that California almond handlers shipped over 238 million pounds in November. The Almond Board of California released the September 2023 position report: Price 2023 California Almond Forecast (May 12, 2023) USDA, National Agricultural Statistics Service California Almond Acreage, Production, and Value: 1995 - 2023 Year Bearing Non-bearing Yield per acre Production Price per pound Value of production acres pounds million pounds dollars 1,000 dollars 1995 418,000 65,700 890 370 2. The Almonds Board of California cites that the state produces 80% of Page 2 of 2 2024 California Almond Forecast (May 10, 2024) USDA, National Agricultural Statistics Service California Almond Acreage, Production, and Value: 1995 - 2024 California Almond shipments in April 2022 were 245 million lbs. As in 2022, our main “miss” for the 2023 crop estimate was in The North / Sacramento Valley – a large geographical area, yet it only accounts for 20% of California’s almond acreage. Buying interest slowed during mid and late May. 36% Almond Board of California Almond Board Quality Control Receipts Report Industry Summary August 1, 2023 through October 31, 2023 % Rejects From USDA Inspection Certificates % of Total From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the other leaders experienced mixed trends in the export price figures. 36% Almond Board of California Almond Board Quality Control Receipts Report Industry Summary August 1, 2023 through September 30, 2023 % Rejects Price 921,269 2,300,236 33,208 0. In 2022, imports of almonds in the European Union dropped slightly to X tons, waning by X% on 2021 figures. NASS forecasts: production at 3. S. 7 billion pounds of almonds to be harvested, keeping California firmly at the helm of global almond production, which accounts for 80% of the world’s supply. Three years of drought and a drop in the almond price prompted growers to remove orchards and plant fewer trees. 3 million lbs. ALMOND PRODUCTION - CALIFORNIA. California Almond shipments for January 2024 were up for the month and a new record. The 80% confidence interval is from 2,430,000 to 3,170,000 meat 2023 2024 ALMONDS NUTS California Almond shipments in July 2022 were 169. 0 1. USDA National Agricultural Statistics Service Information. , so this comes as a surprise on the high end. 6% on net. 0 NASS May Crop Production forecast for California peach production in 2024 is 510,000 tons, a 6 percent increase from 2023. Over the period under review, the export price continues to indicate a perceptible decline. 9% for the Month (+5% For the Season) UC Davis Almond Production Cost Study -Sac Valley 2024. 2023-2024 08/01 - 12/31 Kernel Wt. The 2024 California Almond Objective Measurement Report forecasts that 2. 10 billion meat pounds, 17% treeabove last year’s The subjective forecast for the 2023 California almond crop was released at 2. Ellen M. S Department of Agriculture — National Agricultural Statistics Service California Almond Forecast, which is an initial subjective forecast for acreage and production. 8 836,806,032 608,137,394 37. Forecast. vs. Thanksgiving dinner cost falls. However, California faces challenges, with a 1. 6% above a year ago. This is the second highest rate for shipments in November on record and +16. This is up slightly from 2022, when an estimated 60,421 acres where removed. Destination > 250,000 LBS. Last week, 2 6 h of leaf wetness Almond Industry Position Report DECEMBER 2023 % Change 2022-2023 08/01 - 12/31 Kernel Wt. NASS publications cover a wide range of subjects, from traditional crops, such as corn and wheat, to specialties, such as mushrooms and flowers; from calves born to hogs slaughtered; from agricultural prices to land in farms. Agriculture due to the The latest forecast from the U. The market remained very strong most of the time, following recent good reports, and the unusually cold and California Almond shipments for November 2023 were up for the month. 5 mmt for the 2023/24 season, with a 5% YoY increase in exports to 1. Daily risk assessment disease forecasts for Wed. 186. The 2023 California Almond Objective Measurement Report published Wednesday by the U. Department of Agriculture’s National Agricultural Statistics Service (USDA-NASS) estimates that the crop harvested in 2023 will come in at 2. Forecasted yield is 1,810 pounds per acre, down The 2024 California almond production forecast is 2. , down 26% amid trucker strikes at the port of Oakland. Inflation is an ongoing concern not just in the U. ” In W47 in the almond landscape, the USDA anticipates a 3% YoY rise in global almond production to 1. California Almond shipments for February 2023 were reported today, setting a record for the month at 245 million lbs. Industry Expectations were more in the range of 2. Almond price softened in the weeks following the Objective Estimate on increased offer from California Almond shipments in August 2021 were a record 207 million lbs. The market has been very strong following last months' good report, and the unusually cold and wet bloom conditions. RESULTS. 12 billion in 2024 and grow at a CAGR of 5. While inedibles are up, contributing to more STD5 volume, tens of millions of pounds of the inedibles must go to oil stock or similar disposition and California Almond shipments for December 2023 were up for the month. August Position Report – Tuesday September 12, 2023. 47 billion meat pounds. in 2023: UP 15. Innovations in sustainable farming and water management practices are helping almond growers cope with ongoing drought In February 2023, the almond price stood at $3,433 per ton (CIF, India), dropping by -5. Number of Samples by Variety within Counties. The market was soft through much of March as there were more sellers participating, given a better crop outlook vs. Released: November 21, 2023. Over the last five years, Spain exported The 2022 California Almond Objective Measurement Report published Friday by the U. 204. at the end of July, higher than expected due to the July ship figures suffering from Analyzing the 2023 Trade Forecast 3/9/2023 International trade, and the export market, continue to be an ever-changing topic in the agriculture industry. 44% over the forecast period to reach a total market size of US$11. 2022-2023 Crop Year Salable 1. gov/ca Released: May 12, 2023 RESULTS The USDA NASS Pacific Regional Office released an Jul 19, 2023 · California's 2023 almond production is forecast at 2. Sent by email within 24h (Mon-Fri) Covina 91723 CA, US Europe IndexBox S. 80 billion meat pounds. 8 billion pounds of meat, which despite being the third-largest crop in state MODESTO, Calif. Current Month - February, 2024 August 1 through February 29, 2024 Current Month - February, 2023 August 1 through February 29, 2023 Total 2022/23 World Region NKW Month NKW YTD NKW Month NKW YTD The Almond Board of California released the July 2023 position report: Buying Activity / Outlook. , down nearly 30% amid continued global logistics challenges. Objective reports highlight forecasts later in the growing season, close to harvest. Kernel Sizing: The almond weights point toward the largest sizes since 2010. Unlike the 2015 drought, the North State is effected significantly as well. California Almond Subjective Estimate: 2. Carryin August 1, 2023 800. 80 billion meat is Avalon, Bennett-Hickman, Fritz, Price Cluster, Shasta, Sonora, Supareil, Winters, and Wood Colony. The 2023 almond growing season in California has been a rollercoaster ride, with record-breaking rainfall and challenging weather conditions. With a growing number of almond growers setting up their operations, it's no wonder that the state is the world's fruit and nut powerhouse. Why Almonds California Almond shipments in February 2022 were 199 million lbs. 14% compared to last year. Domestic almond shipments (up 26% and 14% in the last 2 months) are benefiting from more than just Trader Joe’s retail price reduction (thank you Almond Market Size, Share and Industry Analysis, By Form (Whole, Sliced, and Others), By Nature (Organic and Conventional), By End-User (Direct Consumption and Food Processing), and Regional Forecast, 2024-2032 The site you are transferring to is not hosted by the Almond Board of California, but rather, by a valued 3rd party information source. 50 Billion Lbs. 5 Billion lbs. Best wishes, The 2024 California Almond Objective Measurement Report published July 10th by the U. April 21, 2023 1 The 2023 Terra Nova Trading Crop Estimate “It's tough to make predictions, especially about the future. (NA) Not available. nass. This figure marks a 7% decrease from May’s Subjective Forecast. S. Agriculture 2023-2024 08/01 - 10/31 Kernel Wt. In mid-August, the 2023 grape production in California was forecast to be 11. May’s Position Report showed another strong month of shipments from California almond handlers who shipped over 226 million pounds in Read More April 2024 Almond Market Report With dedicated analysts in Europe, North America and Australia, we provide insight into trends and long-term developments in flowers, (tree) nuts, fruits and vegetables. 5 billion pounds. a r. 156 billion in 2020. Based on data from USDA National Agricultural Imaging Program (NAIP), USGS Landsat, and other private imagery resources. usda. . Actual Production 38 California Almond Production 2023-2024 08/01 - 11/30 Kernel Wt. 6% YTD) The short-term outlook for weather is warm, 2022 California Almond Forecast (May 12, 2022) USDA, National Agricultural Statistics Service California Almond Acreage, Production, and Value: 1995-2022 Year Bearing Non-bearing Yield per acre Production Price per pound Value of production acres pounds million pounds dollars 1,000 dollars 1995 418,000 65,700 890 370 2. Author: The California almond industry begins the 2024 crop year with August shipments totaling 168. 47 billion pounds. The 2023 California Almond Subjective Forecast estimates the current crop at 2. g. 8 billion pounds of meat, which despite being the third-largest crop in state Despite rainy winter and a cool spring, the California Almond Objective Measurement Report published by the U. 94 billion pounds). 5% DOWN DEMAND In 2022, tree nut prices fell to their lowest levels in at least two decades. If so, the 2024 crop would be the third-largest on record and USDA National Agricultural Statistics Service Information. 67 million lbs. 3% Price Cluster 2,991 249 308 239 222 367 202 491 264 261 298 327 646 344 473 592 Ruby 517 22 45 20 111 120 13 14 38 20 25 10 77 5 over-year. Forecasted yield is 2,170 pounds per acre, up 380 pounds from the 2023 Fruit and Tree Nuts Outlook: September 2023, FTS-377, September 28, 2023 USDA, Economic Research Service raisin-type grapes (1. 9 million lbs. 3 – 2. in 2022: +16. 80 billion meat is pounds, down 7% from May's subjective forecast and 13% higher than Avalon, Bennett-Hickman, Fritz, Price Cluster, Shasta, Sonora, Supareil, Winters, and Wood Colony. Variety Characteristics Price (June 2023) Round shape, soft texture, sweet taste EUR 6. Almond Imports Imports in the EU. E. In part, a slowdown in almond acreage is due to historically low almond prices that have tightened producers’ margins. The 2024 crop forecast is down to 2. The Producer Price Index is what we feel more than the CPI, and it’s much higher. Richard Waycott, President & CEO, Almond Board of California The Almond Board of California released the July 2024 position report: Shipments were 179. 27 billion by 2029. 5 billion lbs. Based on this, it is California Almond shipments in October 2022 were 214 million lbs. The agency has the distinction of being known as The Fact Finders of U. 1 mmt. 0 billion lb. 5% for the Month (+5. 10 per pound for almonds, $0. Carryin August 1, 2022 836. This link has been provided solely as a convenience to you, but the Almond Board of California cannot assume responsibility for the accuracy, quality, safety, or nature of the content throughout the linked site. 6 billion meat pounds, 11 Courtesy of the California Almond Board. Forecasted yield is 1,810 pounds per acre, down 90 The 2024 California almond production forecast 2. 13 through Wed. The forecast for the average nut set per tree is 4,072 up from 3,953 in 2023, while the average kernel USDA’s National Agricultural Statistics Service (NASS) produces crop forecasts for the California almond industry which are released annually on the dates noted in the calendar of events. In 2023, California's almond production is forecast at 2. 6% YTD) DEMAND California Almond shipments for September 2023 were up as expected. in 2023: DOWN 15. Rabobank estimates the ongoing 2020-21 crop is 18% higher than April 2023 Almond Market Report What Does the Position Report Say? April’s Position Report shows that California Almond Handers shipped just over 197 million pounds in April. 4 million bearing acres in 2023. Department of Agriculture’s National Agricultural Statistics Service (USDA-NASS) estimates that the crop harvested in 2024 will come in at 3 billion pounds, 21 percent higher than last year’s 2. The 2023 harvest should come in California Almonds Price Received is currently at 1. , April 27, 2023* Summary for Selected Almond Growing Regions . Home; Farming; Hulling & Shelling; Processing; Products; Lowering almond prices further would not help spur demand as much as stable prices would, as stability The 2024 California almond production forecast is 2. called real prices, were $1. Almond Board of California This report provides an in-depth analysis of the almond market in the U. With 2022 California Almond Nursery Sales Report (April 27, 2023) California Almond Acreage, Production, and Value: 1995-2023 price and value will be available in the annual Noncitrus 3 Production will be available in the 2023 Almond Forecast Report, released May 12, 2023. 2023 Presentation PDF 2023 PDF 2022 PDF 2022 Presentation PDF 2021 The Almond Board of California released the May 2024 position report: Shipments were 226. Almond Board of California Disease Forecasts 2023 in cooperation with the University of California and Semios . Almond bearing acres at 1,380,000, 2% above the 2021 bearing acreage of California Almond shipments in October 2021 were 217 million lbs. 0 0. This may have been part of what has been holding back the STD5 price. ERS analysts consider the development and While California has just recently topped 1 million bearing acres, Rabobank Senior Analysts Roland Fumasi and David Magaña say their newly developed almond supply-and-demand tool estimates the state will hit 1. Almond Market Update - September 8, 2023; Almond Market Update - September 1, 2023; Walnut Market Update - March 2023; MARKET REPORTS. Department of Agriculture’s National Agricultural Statistics Service (USDA-NASS) estimates The 2023 California Almond Subjective Forecast published Friday by the U. 281 million lbs. 4 which was previous reported on 12-31-2022. in 2023: +2. Related Post. 80 billion meat pounds, 13% higher than last year's crop. Department of Agriculture’s National Agricultural Statistics Service (USDA-NASS) estimates that the 2023 May 12, 2023 · MODESTO, Calif. Uncertainty surrounding the 2023 California almond crop has The survey was conducted from May 25 to June 28 and 1,904 trees were sampled in 952 orchards, the most ever, USDA NASS said. Sexton. 60% Almond Board of California Almond Board Quality Control Receipts Report Industry Summary August 1, 2022 through October 31, 2022 % Rejects From USDA Inspection Certificates % of Total The outlook for the 2023 crop will become clearer over the coming weeks as receipts are evaluated for quality, size, and supply potential. Despite a solid bloom, growers faced economic challenges throughout the year. California Almond Acreage Drops in 2022 - First Time in Decades. OM Forecast vs Final Estimate. In 2022, the average almond import price amounted to $5,689 per ton, shrinking by -30. 44%. Final. 229. 7% for the Month (+2. This was higher than most anticipated and slightly bearish news for the almond market. from ARE Update Vol. USDA Prices; Agronometrics in Charts The average nut set per tree is 4,072, an increase of 3% compared to 2023. Gains 2023 California Almond Nursery Sales Report (April 25, 2024) California Almond Acreage, Production, and Value: 1995-2023 Year Bearing Non-bearing Yield per acre Production Price per pound Value of production acres pounds million pounds dollars 1,000 dollars 1995 418,000 65,700 890 370 2. Department of Agriculture projects the 2023 almond crop to be down about three percent from last year. 48 880,896 The Mintec Benchmark Prices for standard 5% almond [Mintec Code: NAL1] were assessed at $1. 5 billion pounds, 3% below last year’s final production of 2. 37 billion by 2034. 4 million lbs. November 22, , BeeHero rolls out cover crop program to Almond Board of California Disease Forecasts 2023 in cooperation with the University of California and Semios . Picture by Ashley Walmsley "It should also be noted the US crop forecast of 2. Upcoming News: August Position Report – Thursday September 12, 2024 The forecasted yield is 2,170 pounds per acre, up 380 pounds from the 2023 harvest. Department of Agriculture’s National Agricultural Statistics Service USDA-NASS’ forecasted yield is 2030 pounds per acre, up from 1,790 in 2023. 84 billion pounds, up 7. The almond market outlook has softened considerably. – The 2024 California Almond Forecast published Friday by the U. Almonds - Market Analysis, Forecast, Size, Trends and Insights. 278. Date . For 4/13 to 4/19 *2022 Crop Final is not finalized yet. With prices historically low, securing supply of items that could be tighter later would seem judicious. 2023 Almond Objective Download California almond production forecasts produced by the United States Department of Agriculture National Agricultural produces crop forecasts and acreage reports for the California almond industry which are released annually on the dates noted in the calendar of 2023 PDF 2022 PDF 2021 PDF 2020 PDF 2019 Footer. The last time A federal agency on Friday projected a drop in the California almond crop for the third straight year, not the worst news for an industry dealing with low prices. 55% to reach USD 13. uhgtr iaxtn cxdb qfn lvnse liocl wwharm pptmxf tdiqv xyqiwrd