Almonds: new almost general price increases

The article reports a decrease in the estimated American almond production, leading to a 1.5% decrease in the total supply and an increase in market prices. Prices have risen by up to 52.8% compared to last year, except for organic almonds which have dropped by 1.90%. Flowering is advancing in California, but cold temperatures and rain have limited bee flight opportunities. While other nuts such as hazelnuts and pistachios are also experiencing price increases, the progress of flowering varies across regions due to weather conditions.

The poor forecasts for American almond production have helped to achieve price increases. The latest estimates are close to 2.7 billion pounds, approximately 100 million pounds less than the objective estimate of the NASS, belonging to the USDA, of 2.8 billion pounds. This results in a lower total supply, 1.5% less compared to last year. This situation puts upward pressure on prices in the national market. In the national market, the Lonja de Albacete noted a general increase of 5 cents, with prices between 4.70 euros for the Comuna and 5.70 euros per kilo of Marcona grain. For its part, Mercamurcia noted increases this week of between 2 and 5 cents in all varieties, with prices between 4.51 euros for the Comuna and 5.50 euros per kilo of Marcona grain. The Cordoba market once again recorded significant increases, this week of 10 cents, for all almonds, except for organic almonds, which are at 5.15 euros per kilo of grain. With these new increases, prices have increased by up ...