Nuts

Almonds: growers demand compensation for frost damages in Spain

April 20, 2021 3:25 PM, Der AUDITOR
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MADRID/SACRAMENTO. As local media report frost wreaked serious damage at the end of March. Some almond growers may even experience a total loss of their crop this year. They are now demanding financial compensation.

Aid packages for almond farmers

Sudden frosts at the end of March are reported to have destroyed entire crops in some orchards near Jaén, Granada and Almería in Andalusia. Issue is that no protective ice was able to form around the fruit sets due to a lack of precipitation. Local farmers' associations are now demanding aid packages. Almonds have gained in importance in Andalusia in recent years. Growers using irrigation systems are particularly hard hit by the damages as they run higher costs. 

Nominal change in spot market prices

The frost has had no notable impact on prices so far. Almonds are trading firm, but higher than the lows experienced this season. Nominal rises have, however, been witnessed as US almonds are trading EUR 0.05/kg higher in Europe.

Almonds

Type

EUR/kg

Valencia, 12/14 mm, natural, Spain

3.80-3.95

Valencia, 12/14 mm, blanched, Spain

4.75-4.80

Largueta, 13/14 mm, natural, Spain

5.70

Marcona, 12/14 mm, natural, Spain

7.40

California, SSR, 23/25, natural

4.25

California, SSR, 23/25, blanched

4.90

Organic, Valencia, 12/14 mm, natural, Spain

8.50-9.00

Organic, Valencia, >14 mm, natural, Spain

8.60-8.90

FCA Spain

View more
price chart, almonds. natural, +14, Valencia
price chart, almonds, natural 13/14, Largueta
price chart, almonds, blanched, 27/30, California SSRmore price charts 

Attached Files

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price chart almonds natural California 27-30 SSR
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price chart almonds natural Valencia 12-14 Spain

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