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Quality at Mt. Satake,
Jan. 2007 Statement on Salmonella and Food Safety
5/24/04 Billion
Pound Crop Estimate 7/1/03
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Market Report – October 9th, 2007 Per the Almond Board of California position report: Shipments reported for September 2007 were a record, 122 million lbs.
There were mixed expectations for the September shipment figures, but it seems that the shipments were again stronger than most anticipated. Below is an overview of shipments so far this season:
THE 2007 CROP: Kernel sizing continues to be the lightest since at least 2002. The most common sizing we are finding for Butte/Padre is around 34, Carmel/Monterey around 27, Nonpareil around 28. We have seen Butte/Padre come in with sizes anywhere from 25 to 50, with most lots in the 30 to 40 range. We notice with all varieties that the kernels tend to look larger than they are, generally longer but lighter in weight. RECEIPTS: Receipts as of September 30 were 593 million lbs, up about 46% from last season. We estimate that we at Hilltop are 65% received as of today, vs. 53% at this time last season. The vast majority of the crop is out of the orchards already, waiting to be shelled. THE OUTLOOK: We think it’s early to make any reasonable estimations of the crop total. There is much more tonnage than last season, though its important to keep in mind that the Nonpareil crop is similar volume to last season and certain sizes of all varieties are in shorter supply. So far, industry shipments are 28% ahead of this time last season. How much of this increase is due to an earlier crop, possible over-buying in certain regions, etc. and how much is due to an increase in consumption? Time will tell and shipment reports will continue to be watched closely. For more information, contact Paul Ewing. Previous Market Reports: ©2007 Hilltop Ranch, Inc. |
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