Blue Diamond Almonds Market Update – June 11th 2018

Bill Morecraft

Senior Vice President

Shipments of California almonds reported on the May 2018 ABC Position Report were 158.2 million lbs. Tight inventory positions continue to be reflected in current market pricing. Ending inventory projects close to 325 million lbs, which will mean global shipments in June & July slightly below last year. YTD shipments remain at increases greater than 10% in both the U.S. and in export markets. YTD, China is up 19%, Viet Nam up 26%, India up 22%, Europe up 10%, and a small YTD decline in the Middle East (primarily in Saudi Arabia)...[READ MORE]