California almond price forecast 2023. 81/lb on 16th March 2023.

California almond price forecast 2023 88 USD/kg and 6. 76 billion lbs. PRODUCTION OUTLOOK The 2023 harvest is the latest in the last 10 years. 50 billion pounds, 3% below last year’s final production of 2. Its repercussions can be felt far and wide in the international market. 81/lb on 16th March 2023. Pricing remains low. The 2023 California Almond Subjective Forecast estimates the current crop at 2. Sales were down from the same month a year ago. Released: May 12, 2023 RESULTS The USDA NASS Pacific Regional Office released an initial subjective forecast for 2023 California almond production. Mar 17, 2023 · The Mintec Benchmark Prices for standard 5% almond [Mintec Code: NAL1] were assessed at $1. Aug 12, 2022 · California Almond shipments in July 2022 were 169. February 2023 Almond Market Report Strong Shipments (Again) February’s Position Report shows that California handlers set a February record shipping 245. The combination of a potentially smaller 2023 crop, strong shipments and encouraging sales numbers is likely to push the industry toward a supply-demand balance that is better than last year. , down from the 3. 47 billion meat pounds. Department of Agriculture’s National Agricultural Statistics Service (USDA-NASS) estimates that the 2023 crop will come in at 2. Nov 10, 2023 · California Almond shipments for October 2023 were up 15% for the month. • almond bearing acres at 1,380,000, 2% above California's 2023 almond production is forecast at 2. 2% YTD DEMAND May 18, 2023 · The latest forecast from the U. 4 million lbs. last June. The market has continued firming overall though it softened in recent days heading into the report. Separate models are run for Nonpareil since there are a significant number of samples. in 2022 – UP 15. , down 26% amid trucker strikes at the port of Oakland. This is the second highest rate for shipments in November on record and +16. 5 billion pounds. The November Position Report shows that California almond handlers shipped over 238 million pounds in November. 1% YTD DEMAND Nov 11, 2022 · The Almond Board of California released the October 2022 position report Shipments were 214. 206. Department of Agriculture’s National Agricultural Statistics Service (USDA-NASS) estimates that the crop harvested in 2024 will come in at 2. 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. . Discover the latest market updates. The forecast is based on 1. 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. This significant rise shows the rise in the use and demand of almond products in the market, increasing the market value from US$ 8,2628 Jul 12, 2023 · 2023 Almond OM Forecast Forecast Models • Models are designed to produce a forecast of all almond production at the state level from the sample data. North America Mar 9, 2023 · The site you are transferring to is not hosted by the Almond Board of California, but rather, by a valued 3rd party information source. 7 million pounds. 38 million bearing acres. 6 billion meat pounds, 1% percent above last year’s 2. 1 M in 2021 – down -1. 5% CAGR witnessed between 2018 and 2022. smaller 2023 crop, strong shipments and encouraging sales numbers is likely to push the industry toward a supply-demand balance that is better than last year. 217. 57 billion pounds. . 6 million lbs. 57 billion meat pounds. 1% for the month and down 3. 02 USD/kg. 60 billion meat pounds, up 4% from May's subjective forecast and 1% higher than last year's crop of 2. Due to the increased shipping challenges and the labour shortage, California almond prices saw an upward trend. 9 Billion lbs. May 12, 2023 · – The 2023 California Almond Subjective Forecast published Friday by the U. NASS forecasts: provid • production at 2. 6 billion pounds, 1% percent above last year’s 2. 9% YTD) REGIONAL DEMAND FIGURES: Page 2 of 2 2024 California Almond Forecast (May 10, 2024) USDA, National Agricultural Statistics Service California Almond Acreage, Production, and Value: 1995 - 2024 10 hours ago · The almond product market is predicted to develop at an impressive 6. Ultimately, this could result in a higher almond price going into Q1 2024. vs. 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. 80 billion meat pounds. The Almonds Board of California cites that the state produces 80% of the global almond crop. 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. 8 Billion lbs. The site you are transferring to is not hosted by the Almond Board of California, but rather, by a valued 3rd party information source. Production for the Nopareil variety is n Jul 10, 2024 · The 2024 California Almond Objective Measurement Report published July 10th by the U. 3 million lbs. Sales were also up from the same month a year ago, with an impressive 250 million lbs. The carryout stood at 838 million lbs. subjective estimate released in May. 4% above last Februa USDA National Agricultural Statistics Service Information. Production for the Nopareil variety is n Jul 11, 2024 · The 2024 California Almond Objective Measurement Report predicted nuts set for harvest later this year will total 2. Department of Agriculture projects the 2023 almond crop to be down about three percent from last year. in 2022: +11. The market shifted to a much more bullish tone following yesterday's NASS Objective estimate of 2. 6–2. Department of Agriculture’s National Agricultural Statistics Service (USDA-NASS) estimates that the crop harvested in 2023 will come in at 2. 3 million pounds, a decrease of 6% from the previous month and 21% from The 2024 California almond production forecast 2. 7 million lbs. 80 billion meat is pounds, down 7% from May's subjective forecast and 13% higher than last year's crop of 2. The estimate is down 7 percent from USDA-NASS’s Subjective Forecast in May. Jan 11, 2024 · The Almond Board of California released the December 2023 position report: Shipments were 229. 6% above a year ago. 2% for the Month (+9. 0 Billion lb. This is +23. at the end of July, higher than expected due to the July ship figures suffering from the strikes. Inclement The 2024 California almond production forecast 2. This Jul 13, 2023 · Despite rainy winter and a cool spring, the California Almond Objective Measurement Report published by the U. Production for the Nonpareil variety is forecast at 1. Almond market sales activity was strong again. Strong export performance, particularly in Europe, supports steady pricing heading into 2024. S. The crop receipts are nearing 2. Almond Board of California President and CEO Richard Waycott said it was not entirely unexpected. The average price of Californian almonds varies between 5. 5% – UP 3. , down 15% amid continued global logistics challenges. Jul 12, 2023 · – The 2023 California Almond Objective Measurement Report published Wednesday by the U. Page 4 of 6 2023 California Almond Objective Measurement Report (July 12, 2023) USDA, National Agricultural Statistics Service, Pacific Region TABLE 3: CALIFORNIA ALMOND ACREAGE, PRODUCTION AND TREES PER ACRE, 1991-2023 Year Bearing acres 1 Trees per acre Total Meat Production Price per lb. 8 billion pounds of meat, which despite being the third-largest crop in state California almonds are perennially some of the most popular in the United States. Dec 19, 2024 · November shipments of California almonds hit a record high, while receipts suggest a crop size of 2. 3% CAGR from 2023 to 2033, exceeding the lower 2. Buying interest for both crop years was slow during the month of July, as shown by the sales figures and lower market prices. With the harvest in October over, prices here have gone down and 2023 may pass as an easy year for buying the state’s almonds. 50 billion pounds, 3 percent below last year’s 2. 188. 10 billion meat pounds, 17% treeabove last year’s Mar 11, 2022 · California Almond shipments in February 2022 were 199 million lbs. • Models do not forecast production by variety. 80 billion meat pounds, down 7% from May's subjective forecast and 13% higher than last year's crop of 2. November 2023 Almond Market Report. 48 880,896 Sep 30, 2024 · The California almond industry begins the 2024 crop year with August shipments totaling 168. Oct 12, 2023 · The Almond Board of California released the September 2023 position report: Shipments were 217. Value of production Jul 11, 2024 · California Almond shipments for June 2024 were up for the month vs. Almonds Price Trend For the First Quarter of 2022. S. It follows a generally solid bloom as well as a … The 2024 California almond production forecast is 2. bwrb spodp wbby ilievpc iygnvc rkpr hoiq icofbd voux cszwt