HARVEST UPDATE: Most of harvest is complete in California. There are still some Carmel Types and Fritz to come in. It is now evident that the organic almond yields are well below last year and well below expectations. As seen in the conventional industry, insect damage is also the highest seen in a very long time. Unfortunately the crop news so far is all bad news for growers and buyers alike. There is some additional acreage coming into production this year and one can hope that will alleviate some of the shortfall in yields.

Consumption continues to grow with supply, creating an overall healthy market.