This second half of April has been marked by\nmarked by rather warm weather and less usual rainfall than in the first part of the month.\nthan in the first part of the month. In fact, it could be said that the\natmosphere has been summery.<\/p>\n\n\n\n
In general, we can now consider the flowering to be over and the weather conditions this year, as we have already mentioned, have been excellent. This does not mean that we should not comment on what we have already said on previous occasions. We have observed, in the traditional almond trees, that the view of the tree is beautiful, but they do not have a lot of almonds. Fat ones, yes, but few. On the other hand, the new plantations, which are the ones that are going to carry the weight of the harvest, look quite good. In fact, perhaps this year, for the first time, irrigated crops will exceed dryland ones in terms of production. These plantations are becoming more and more important and, especially due to the areas where they are located, the risk of frost is lower each year.<\/p>\n\n\n\n
\n\nHere are some photographs of our visit to the area of Caudete (Albacete).\n\n<\/p>\n\n\n\n
<\/figure><\/li>
<\/figure><\/li><\/ul>\n\n\n\n
As for flowering in\nCalifornia, we already have the data provided by Newfoundland, with a crop estimate of around 2.96 blb.\ncrop estimate of around 2.96 blb. This suggests that the crop is going to be record-breaking and we will find ourselves in a scenario never seen before, both there and in Spain.\nand we will find ourselves in a scenario never seen before, both there and in Spain, in terms of a large crop.\nin terms of a large crop. We will see how this quantity of almonds will be managed, but in order to promote\nbut in order to boost consumption it will have to be reflected in the price.\nreflected in the price.<\/p>\n\n\n\n
In terms of prices, we have seen a very\nseen a very sharp drop in prices for American almonds, triggered by the news of the aforementioned\ncaused in the light of the aforementioned estimation news of last Friday, 24 April, known as \"black Friday\".\nFriday 24 April, already known as \"black Friday\". Prices fell from\n2.20 $\/lb if we talk about Std 5% both current and new crop to lower peaks of 1.91\/1.92 $\/lb.\n1.91\/1.92 $\/lb. The latter part of the month has seen very strong demand at these low prices.\ndemand at these low prices, as opposed to the low activity of the first part of the month at higher prices.\nfirst part of the month at higher prices. In fact, a small\nrebound effect, so much so that demand was so strong that the price fell back a little\na little to reach a level of 2 $\/lb over the course of the days. In this way, the lack of demand\nthe lack of demand has been boosted and we will see if it can compensate for the lack of activity in the first part of the month.\nof the first part of the month.<\/p>\n\n\n\n
With respect to the Spanish almond, it has remained a\nhas remained a mere spectator in the face of the American situation. We have gone\nas a result of the drop, from 5.10\/5.15 \u20ac\/kg and new crop to 4.80 \u20ac\/kg in terms of the\n4.60 \u20ac\/kg for the current crop and 4.40 \u20ac\/kg for the new crop. Without\nHowever, at these prices, which are now more in line with American prices, activity has also not been\nmotivated activity in the face of a very inactive Europe. Perhaps because this\ncorrection has come late, when the American one had already been quite active.\nactivity.<\/p>\n\n\n\n
It is curious to see how at attractive prices\nattractive prices, demand does not take off. Nor does the supply side accept this situation, which remains impassive and\nsupply, which remains impassive and with little activity. Perhaps the plug is in the\nthe shell, which does not come out and causes the seller to find himself tied up.\ntied up.<\/p>\n\n\n\n
With regard to Organic, we have also\nwe have also seen a drop, not only in activity, but also in prices, from the current\nprices, going from 10.70 \u20ac\/kg current harvest to below 10.40 \u20ac\/kg.\n10.40\/kg. The new crop is being talked about below 9 \u20ac\/kg. We will see how it evolves,\nas this harvest is almost over, but with a view to the new harvest, in view of the\npossibility of having a normal quantity of almonds, the price may continue to fall and this is what is expected.\nand this is what the buyer is hoping for.<\/p>\n\n\n\n
In conclusion, we must be aware that difficult times lie ahead.\nthat difficult times lie ahead. Not only because of the uncertainty caused by\nCOVID-19 and how consumption is going to evolve, but also because of all the news that has been\nnews lately and the lack of activity. It is worrying to see that at\nvery similar prices to American almonds, Spanish almonds are still not coming out.\nThese are times of swings, of news that change markets and, above all, of having to have\nand be very attentive to events.\n\nWe hope this information will be of help.\n\n\n\n<\/p>","protected":false},"excerpt":{"rendered":"
![\"\"](\"https:\/\/hispanianuts.com\/wp-content\/uploads\/2020\/05\/20200422_173112-1-768x1024.jpg\")
<\/figure><\/li>![\"\"](\"https:\/\/hispanianuts.com\/wp-content\/uploads\/2020\/05\/20200422_173230-1-1024x768.jpg\")
<\/figure><\/li><\/ul>\n\n\n\n