News

California Almond Production Forecast to Reach Record Levels


Almond production in California is projected to reach a record high 2.05 billion pounds in the 2016/17 crop year.

This would be an 8 percent increase from a year earlier and slightly higher than the previous record of 2.03 billion pounds in 2011/12.

While many areas are still under drought, trees have shown signs of recovery from multiple years of water deprivation.

The increase in production may put negative pressure on prices received by growers.

After a strong year of production, for example, grower prices fell from $4.00 per pound in 2014/15 to $2.84 per pound in 2015/16.

This resulted in a steep decline in production value for the year, falling from a record high of $7.39 billion dollars in 2014/15 to $5.33 billion dollars in 2015/16.

Even with the sharp drop in value, this remained the third-highest crop value on record.

With prices high relative to long-term averages, almond producers still have an incentive to increase production.

Source: USDA 

ProAg Quick Links

Agent Toolbox Grower Toolbox Careers

ProAg News

Corn Prices Heating Up

Despite the USDA raising 2018-19 marketing year ending stocks for corn in last Thursday’s WASDE report, corn prices moved higher to end the week. December corn futures prices returned to the levels seen before the surprising June Acreage report....

More Resilient Flood Control

In the wake of flooding that has inundated the Midwest, people offer different perspectives calling for more investment in flood control infrastructure as recovery begins along the Missouri River and in much of the Mississippi River watershed....

Why MFP 2019 Will Be A Disappointment For Some

The flow of meaningful information from USDA leadership about MFP 2019 payments has remained painfully slow. While there is no way of knowing the exact county-level payment rates, this week's post considers the big-picture impacts of how a 2019 MFP program might roll-out....
Get ProAg updates via email
Your browser is out-of-date!

Update your browser to view this website correctly. Update my browser now

×