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Almonds March 03, 2022

It is good to hear of increasing demand for USA Almonds to move their 3 billion lbs crop. Still some concerns remain. The cold weather past week might have damaged some crop, the water issue still there and will impact some growing regions. Hopefully (for the Almond industry), the export figures will increase as they otherwise might end up with a total export quantity of 4 billion pounds shortly (2022 crop of 3,1-3,2 billion pound plus a carry over of 800-900 million lbs) and that would be a record number. India opening up after Covid hopefully will help them to move some extra volume.