October Almond Position Report

November 10, 2011

Almond shipments for October 2011 set another record. According to the October Position Report that was released only moments ago, the industry shipped over 219.5 million pounds in October; over 30 million pounds more than last year's October shipments. As such, prices will probably continue to firm as the industry trys to get a better handle on the actual size of the crop and catch up on orders. Sizes are still very small with one Sheller advising me that of the first 5 million pounds of product processed, less than 80,000 lbs sized out at 18/20 and less than 150,000 lbs sized out as 20/22. To view the position report,go to http://www.almondboard.com/FoodProfessionals/TechnicalInformation/Pages…