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Latest Market Updates

Market Update January

February 21, 2024

Almonds:

The overwhelming amount of serious damage has been quite the concern this year, along with the lack of smaller sizing. The mummy shake did not happen last year, and as a result, the remaining mummy/empty almonds were a perfect breeding ground for damaging insects... Read More

Market Update October

October 25, 2023

We are praying for the Middle East as well as all countries who may become involved in this conflict.
Specifically praying for safety of the military men and women as well as the private citizens.

Almonds:
The incredible shrinking crop... Read More

Market Update 3/2/23

March 3, 2023

It is hard to believe it is already March, time is flying by.

Almonds:

Crop still points to a 2.6 billion number and even though less than last year, it is a lot to ship. The strong US dollar is wreaking havoc on other world currencies, making it difficult for some to trade with the US... Read More

January Market Report

January 24, 2023

PTNPA was held on Coronado Island in California this year. There was a great turnout with a wide variety of commodities represented. I met with suppliers from all over the world, as well as here in the USA... Read More

Market Update 11/29/22

November 30, 2022

Almonds:
Similar shipping conditions to the previous couple of months prevailed in October. Crop still points to a 2.6 billion number and even though less than last year, it is a lot to ship. The strong US dollar is wreaking havoc on other world currencies, making it difficult for some to trade with the US... Read More

Market Update May 2022

May 4, 2022

Almonds:

April showed the most rainfall for any month this year. The snowpack is at 38% and the reservoirs are at about 50% - both are too low for this time of year. The drought situation is far from over.

The almond market has been fairly quiet as of late, Larger NPS sizes are dwindling, Cals are plentiful in smaller sizes, but the larger ones are becoming a little more sparse.

The biggest news is the USDA initial acreage report for the 2022 crop... Read More

Market Update 3/01/22

April 27, 2022

Almonds:
Bloom conditions were near perfect for the first three weeks of the month. February 10th started the flash bloom this year. On February 22nd, the temperatures fell below 30 degrees in many parts of California along with the occurrence of rain and hail... Read More

Market Update 8/31/21

August 31, 2021

Almonds:
Dry conditions have persisted well into the summer. With the 400 million pound negative difference between the subjective and the objective estimates, prices have risen dramatically. 27/30 looks to be the overall dominant size coming off of the trees - expect a hefty premium for anything larger... Read More

Market Update 6/29/21

June 29, 2021

Almonds:

The dry conditions persist into the summer. We have another potential crop of over 3 billion pounds for this season. Pricing is still very low for almonds. It is also low compared to other nuts used for similar applications... Read More

Market Update 5/06/21

May 6, 2021

Almonds:
Dry conditions persist into early May. Acreage report was 1.25 million acres for last year, with potential bearing acres at 1.33 million for next year. We have another potential crop pushing on the 3 billion pound size! Pricing is very low for almonds... Read More

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