Back in September Western Weather Group issued a special weather statement discussing El Niño, the Blob and the potential uncertainties heading into this year's "Godzilla" El Niño.
Commodity Forecasts and Reports
California's drought has sparked a controversy around one of the state's most popular crops: almonds. The state produces 100 percent of the nation's almond supply and 80 percent of the world's supply.
KEY MARKET HIGHLIGHTS: CA 2015 ACRES DOWN TOWARDS 350,000, TRENDING LOWER - California Snow Pack on April 1 Lowest on Record –Snow Gone – Reservoirs Draining!
California's 2015 almond production is forcast at 1.80 billion meat pounds, down 3 percent from May's subjective forecast and down 4 precent from last year's crop. The forecast is based on 890 thousand bearing acres.
Almond Industry Position Report 2014-2015 Crop Year
Shipments for the period December - April are up 12.2% over last year's record shipment levels. Shipments in April were 16.9% more than seen in April '08. New commitments in April were up 103% over April '08. New commitments November - April are up 42.0% over last years record levels.
Year Bearing Non-Bearing Yield Per Acre Production Price Per Pound Value of Production Acres Pounds
Crop Year Carry In Receipts Total Supply Shipments Carry Out Gross Net