Almonds: organic crop smaller than expected

October 20, 2020 at 3:18 PM, Der AUDITOR
Play report as audio

MADRID/SACRAMENTO. According to market players, the organic almond crop in Spain was lower than expected. Traders are hoping for a good Christmas business despite the current situation.

Prices for organic almonds rise drastically

Spanish almond prices are following the international trend, fuelled by the expected record crop in California. In recent weeks, the low price level has led to increased demand; however, trading activity has now slowed down and is significantly lower than usual at this time of year. Market players are hoping for a reasonable Christmas business, but reckon that sales markets that depend on large celebrations, tourism and walk-in customers will continue to live from hand to mouth for the time being.


View related articles

Go to the News Overview
Jan 25, 2023
MADRID/SACRAMENTO. Although Spain’s almond exports received a boost in November, the dent in exports is still much higher than in California. Competition between Spain and California remains fierce with speculations on water supplies and exchange rates having top priority at present.
Jan 23, 2023
NEW DELHI. Farmers are in full control of India’s peanut market. Not only do they still hold more than 35% of all stocks but they also know how to play to their advantage. Artificial intelligence may also prove an asset in limiting aflatoxin contamination.
Jan 19, 2023
ORDU. Things have taken such a bizarre turn in Turkey that buyers have switched to other hazelnut producing countries such as Georgia, Azerbaijan or Italy. Drought will, in fact, have a lasting impact on production in Italy.
Jan 18, 2023
TEHRAN. Frustration and anger are growing with Iran’s government. Suppliers are now actively blaming the government for losing market shares for pistachios. Exports have, in fact, slumped by 75%.