Record Almond Shipments
December 09, 2010
The Almond Board released the November shipment figures today indicating another record month of shipments; 173.4 million pounds (kernel basis) shipped in November 2010 versus 145.5 million pounds shipped in November 2009. For the year, 639.2 million pounds have been shipped versus 571.5 million pounds in 2009. While it is still to early to determine the long term impact of today's figures, prices will probably firm in the short term in what is already a very tight market. With Almonds being the cheapest nut in the overall nut basket (excluding peanuts), supplies could get even tighter in the weeks ahead as buyers look for cheaper alternatives to other higher priced nuts.
To see the full report, click the Almond Board icon at the bottom of this page and go to 'Position Reports' on their website.