Almond Market Update August 12, 2020

Bill Morecraft
Senior Vice President

The July Almond Board Position Report serves as the year-end report for the California crop year 2019.  The industry faced strong headwinds this year with trade issues, inconsistency in the NASS Subjective and Objective estimates and most significantly, the COVID-19 impact on the world economy.  Several markets were hit hard with government mandated shutdowns that resulted in large logistical bottlenecks that aggravated a downward pricing trend.  Covid-19 is having a more lasting impact on the foodservice and distribution channels, leaving almond buyers to decipher future consumer demand and their resulting needs.  Despite these obstacles worldwide, consumption rose almost 5%, evidence of the resiliency of global almond demand….[Read More]

You will now exit the Blue Diamond Growers site and go to a third party site to donate to our PAC. Please click the button to proceed.

Yes, I'd like to continue to proceed to the third party site to donate.