US production falls short of expectations
In recently released estimates the International Nut and Dried Fruit Council anticipates a record season. In addition to the top producing countries such as the US, Spain and Australia production has also risen sharply in many other countries such as Turkey, Iran and Tunisia. Global production is estimated at 1.68 million mt, nearly 17% more than in 2019/2020.
However, it should also be noted that doubts are been voiced over in how far US production will meet expectations. The Almond Board of California states that a