Saturday, May 9, 2009

Almonds and the drought/smelt

Nice graph in this article showing the explosion of almond production in recent years.

Growers south of the Delta water pumps are griping about the devastating impact of the water shortage on almond orchards. However, here is an interesting quote from an almond grower who says we are producing too many almonds. He would like to see less production.

But growers, such as Veldstra, are under pressure to cut costs as that supply is
translating into low nut prices."They're priced under the cost of the
production," he said. "It's painful. From a grower's perspective, I would
probably would like to see (the crop estimate) a little lower, 13.5 (billion
pounds) or under just to support the price, but it is what it is,"

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