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Statement on Salmonella and Food Safety
5/24/04 Billion
Pound Crop Estimate 7/1/03
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Per the Almond Board of California position report: Shipments reported for September 2005 were 81.52 million lbs. Almost a 29% decrease from the figures from September 2004. The figures seem to be lower than what many people were expecting. Prices firmed up through much of September and than softened the week before the release of the figures. Since the release of the shipment figures the market has continued to be soft. We believe the shipment figures don’t reflect actual loss in demand because of two main reasons: the later harvest and sales being taken away by Spain. It’s now said that Spanish processors have sold to full capacity for nearby shipments and is not selling as aggressively. As we indicated in the last market report, later shipment reports should be more reflective of where demand currently is. October shipments should be strong, we’re not sure about November, which is particularly hard to predict with so much hand to mouth buying still being done. Our harvesting and other grower’s harvesting in the central part of the state should be all finished by the middle of this week. Harvesting is done in the southern areas and should be finished in the northern part of the state soon after we finish. Though we experienced a few rains over the last few weeks, we don’t know of any major product losses or damage as a result. Best Regards, Paul Ewing Director of Sales Hilltop Ranch, Inc. For more information, contact Paul Ewing directly. ©2005 Hilltop Ranch, Inc. |
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