Current Market Report

Market Report Archive

Quality at Mt. Satake, Jan. 2007

Statement on Salmonella and Food Safety 5/24/04

Ewing Appointed Head of Sales 3/29/04

FDA Approves Qualified Health Claim 7/16/03

Billion Pound Crop Estimate 7/1/03

Letter to the trade 1/10/03

The Almond Board of California reports:

February 2008 shipments were a record 85.9 million lbs.

• About 17.6% above February 2007 shipments

• Domestic shipments were up 12% and exports were up 20.8%

We have seen a lot of small jumps and drops in the market over the past month; most notably the .10/lb. or so drop in pricing from late Feb till yesterday.

SHIPMENTS/DEMAND:

Shipments are up 14.7% for the season. We have continued to see record shipments every month since June. Shipments for the season by region are:

THE 2007 CROP / RECEIPTS:

Receipts as of February 29 were 1.376 billion lbs, up 25% from the same time last season, and 3.5% above the NASS estimate of 1.33.

BLOOM:

Weather conditions during bloom have generally been very favorable. Bee flight hours have been excellent. While bee supplies are abundant, some growers were disappointed by the low quality of the hives received. Observations have been made that the Nonpareil budset and bloom were less vigorous than for the other varieties, whose budset and bloom looked very good. No serious estimation can be made at this time because we are looking at flowers rather than nutlets.

THE OUTLOOK:

The 2008 crop is very difficult to assess at this stage and there are differing opinions regarding crop size. Until we have more agreement we will likely continue to see an unclear market.

Previous Market Reports:

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