The California Almond Board, November 2022 Report
US shipped +835.5 million pounds compared to 872.9 million pounds last year for a decrease of 4.28 percent.
+2.150 Billion Pounds compared to 2.312 billion pounds last year for a decrease of 7.0 percent.
The market has awakened with a surge in demand during the past week. Buyers from all around the world have come in to purchase large volumes of almonds. The Dollar has weakened compared to the Euro stimulating demand from Europe. Prices have reached a very attractive level which has enticed the markets to take advantage of the value of almonds. Prices have dipped on the bottom end by 5 cents, while bigger sizes which had been at a premium, have come off by 5-10 cents during the past few weeks, compacting overall prices. New Sales during November were at 200 million pounds, while last year we did 226 million in November for a decrease of 11.26 percent. The Industry is now sold at 45.1 percent for the new crop.