Nuts

Almonds: ministry estimates crop deficit at 44%

November 2, 2022 at 12:58 PM , Der AUDITOR
Play report as audio

MADRID/SACRAMENTO. Resentment over low almond prices continues to grow in the Spanish market. Comparatively low demand and record stocks in California are preventing any significant upward price adjustments. The Spanish Ministry of Agriculture, Fisheries and Food has now also published its estimate for this year's almond crop.

Andalusia suffers the highest losses

The Spanish almond crop was hit hard this year due to spring frost as well as heat and drought in the summer, which had a negative impact on yields. A noticeable drop in production was the result, which differs depending on the group of experts. For example, the Spanish Ministry of Agriculture, Fisheries and Food recently published its report, which even speaks of a 44% deficit compared to last year; Spanish agricultural media currently quote a difference of 30-50%. With 208,615 mt of inshell almonds, the crop woul

View related articles

Go to the News Overview
Nuts
Sep 28, 2023
ORDU. In Turkey the situation is still quite out of hand for hazelnuts. Main problem is that many suppliers signed contracts before it emerged that the crop would be much lower than anticipated. The TMO intends to leave exporters in the lurch.
Nuts
Sep 28, 2023
SACRAMENTO/TEHRAN. While California’s pistachio industry is refuting USDA intentions of declaring a mysterious discolouration as a damage with large-scale impact, US exports have hit a record. Yet, the opposite is the case in Iran.
Nuts
Sep 27, 2023
ATLANTA/PORTO ALEGRE. In the USA, the production outlook is mixed this year and different reports are causing confusion in the pecan market. In Brazil, however, an interesting development is taking place.
Nuts
Sep 27, 2023
HANOI. Vinacas reports that Vietnamese cashew exports reached a new record high in August 2023. Overall, Vietnam's cashew exports in the first eight months of the year are impressive.