| Fortunately the export figures for July were giving some support to the Almond market. The July shipments were 9,9% up in comparison with 2024 and this gives a bit of hope. We saw prices, as a reaction to this positive news, firm a little bit. The question mark remains what the total crop will be as the subjective estimate was approx. 10% lower than the 3 billion pounds objective estimate. We will know in the coming weeks. The carry over is at reasonable levels. Where we saw prices drop when the 3 million pounds estimate came out, we saw sellers getting some more confidence and prices came back again. |
