Senior Vice President
The USDA released its 2016 California Almond Crop Objective Estimate, projecting a crop of 2.05 billion lbs. The estimate was based on the 900,000 bearing acres released in April, resulting in a projected yield of 2,280 lbs./acre.
The nut count per tree increased 4.9%, to an average of 6,159 per tree for the 2016 crop. This remains well below the counts from 2011 through 2014.
The average kernel weight increased 3.5% from last year’s estimate, growing to 1.48 grams from 1.43 grams in 2015.
Market Perspective –