Frost damage still unclear
The almond market still lacks precise data regarding the expected crops in Spain and California; so far, only frost damage - some of which has been described as serious - has been reported. What impact this will have on the respective production has yet to be determined. According to market players, a very good crop was expected in Spain this year, and the losses caused by frost would reduce the yield gain, but not cause a significant deficit.
Meanwhile, market expert Terra Nova has made its own forecast for the US a