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Almond Board of California has released the August Position Report with shipments tallying  +154.2 million pounds compared to 168.5  million pounds last year for a -8.5%  percent decrease.

The August shipments had been expected to be lower due to the following factors

  • harvest was off to a slower start this season (similar situation was in 2012)
  • currency issues

Table 1. Almond august shipments in comparison with 2017

 

Country 2018 .
(T.)
2017 .
(T.)
Changes
India 10070 9253 +8%
China 2087 1996 +3%
Spain 5579 7938 -30%
Germany 2858 4763 -40%
UAE 544 907 -42%
Turkey 332 1406 -77%

Currently, 20.8% of the new crop has been sold, or 24.3%, taking into account carry-in. Total commitments amount to 233,600 tons against 3,07082 tons. in 2017. Total new sales are also lower than in 2017. In August, new sales were 1,07955 tons.

http://www.chelmerfoods.com/almond-august-position-report-8-5-percent-decrease/