date:Jun 06, 2016
production has come as prices paid to growers have dropped to about $2 per pound, less than half what they were as recently as August, when the industry was still benefiting from past production shortfalls and a strong U.S. dollar.
Rabobanks report says the good news for growers, at least in the long term, is rising demand for the nuts.
More plentiful harvests and, now, lower prices will again encourage more consumption of almonds, reads the report released late last month. It was authored by