Almond Board of California - March Position Report
The Almond Board of California released its March Position Report, which showed shipments of 266.65 million pounds, up 28.1 percent from the previous month.
Out of the eight months of the 2020/21 crop year, this is the seventh record month and the season's second-largest shipping month.
Logistical problems (which are still present but improving) hampered January and February's capacity but contributed to the 28 percent increase.
Californian exports are up 17.67 percent year-to-date compared to the same period last year.
Commitments are up 46 percent, indicating that the market is poised for a good April.
Net new sales were also very high, up 10% year on year at 191 million pounds, demonstrating that at these rates, strong demand would continue.
The export markets led the way with a 52 percent rise in shipments compared to last March.
For the month, the domestic market was down 10%.