Almond Market Update _ 16 September 2024

Here’s a quick look at the almond market:
• The market is holding firm due to lower-than-expected new crop yields and a reduced carryover. 📉
• Reduced availability of 23/25 and 20/22 sizes is driving higher premiums for 23/25 AOL. Meanwhile, NPX and INDX sizes are closing the price gap and keeping things competitive. 📊
• With the global market still uncovered, we expect strong sales to continue as buyers restock and address potential price increases. 📦💰