Search

Almond Update – July 2019



The Objective Estimate of 2.2 billion lbs came out July 3rd and shocked the industry as prior estimates  ranged from 2.5 - 2.57. 


New crop pricing spiked $0.40 - $0.50 / lb. 


Trading has been very limited as buyers are skeptical of the estimate.


Trading is expected to pick up sometime in August as buyers have not covered themselves long term.


More updates coming soon.

0 comments

© 2020 Copyright The Ag Center. All Rights Reserved.

CONTACT US

Phone: (209) 336-5636

Email: info@theagcenter.com

AGC Main Office:

2941 Los Banos Hwy

Merced, CA 95341

HOURS

Mon - Fri: 8am - 5pm

​​Saturday: Closed

​Sunday: Closed