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Almonds: crop receipts way below expectations

September 18, 2023 at 12:21 PM , Der AUDITOR
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SACRAMENTO/MADRID. In the Position Report for August the Almond Board of California highlights that crop receipts range a shocking 73% lower than last year.

US beginning stocks higher than anticipated

Crop receipts only reached 70 million pounds in August 2023 as opposed to the 264 million pounds received in August 2022. Although analysts concede that this is far from normal, they also state that any estimates on the final crop size are highly speculative at present as more data needs to become available. Yet, the figure does indicate that harvesting is delayed by 3 plus weeks. Not only did persistent cold and wet weather impact the crucial bloom phase but Hurricane Hilary also struck at the start of the harvesting seas

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