Almonds: farmers forced to cut down trees

June 29, 2021 at 7:57 AM , Der AUDITOR
Play report as audio

MADRID/SACRAMENTO. California's drought will not only impact this year's almond production but also next year's. Farmers are determined to save their orchards. Some have taken drastic measures and are prepared to invest heavily. Exports in Spain have taken a surprising turn.

Expensive investments and drastic measures

Although the market already called the record US production of 1.775 million mt anticipated by the National Agricultural Statistics Service (NASS) into question a while ago, the estimate was confirmed at the Internatinal Nut and Dried Fruit Congress in May. Global production is, therefore, expected to rise by 2.5% to 1.775 million mt. Market players, however, rather reckon that US production will reach 1.334 million mt at the most, meaning that global production is rather set to decline by 2.5% this year.

As Califor

View related articles

Go to the News Overview
Nuts
Mar 26, 2025
CANBERRA. Although Cyclone Alfred has hit the growing areas in New South Wales, the impact on overall Australian production has been less than feared. EU imports are declining sharply.
Nuts
Mar 26, 2025
ISTANBUL. News from Turkey is not good. Not only is political upheaval once again dominating the scene, but recent weather events are also impacting pistachios, whereby frost is not the only issue.
Nuts
Mar 25, 2025
MANILA. The shortage on the coconut market continues to worsen and there is no end in sight for the time being. This continues to be reflected in prices.
Nuts
Mar 24, 2025
NEW DELHI/BRASÍLIA. The peanut harvest in Brazil is about halfway through and growers are satisfied in terms of quantity and quality. In India, prices have fallen slightly.