2015 CALIFORNIA ALMOND FORECAST DOWN

Date: 2nd July 2015 Category: Latest News, Market Report
2015 CALIFORNIA ALMOND FORECAST DOWN

California Almond Objective Presentation 2015 <<Click Here

California Almond Objective Report 2015 Release <<Click Here

 

California's 2015 almond production is forecast at 1.80 billion meat

pounds, down 3 percent from May's subjective forecast and down 4almond2

percent from last year's crop. The forecast is based on 890 thousand

bearing acres. Production for the Nonpareil variety is forecast at 670

million meat pounds, down 6 percent from last year’s deliveries. The

Nonpareil variety represents 37 percent of California’s total almond

production.

The average nut set per tree is 5,874, down 12 percent from 2014. The

Nonpareil average nut set is 5,239, down 14 percent from last year. The

average kernel weight for all varieties sampled was 1.43 grams, down 1almond1

percent from the 2014 average weight of 1.45. The Nonpareil average

kernel weight was 1.61, up slightly from last year. A total of 98.8 percent

of all nuts sized were sound.

With the crop estimated to be smaller than last year and smaller than the subjective estimate, we may see all prices begin firming up by 10-20 cents per lbs in the coming days.

If you have any demand please advise us.  We look forward to assisting you.

Please note, much of the USA will be on a long holiday weekend for our 4th of July holiday.

Report credit of Summit Almonds: www.summittreenuts.com