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2 clusters · 4 sources · 8 days · First seen · Last updated

Global almond production and price trends

Overview

Global almond markets are experiencing price increases amid varying regional harvest conditions. In Spain, the harvest is nearing completion, arriving approximately ten days earlier than the previous year. While initial production forecasts exceeded 135,000 tons, regional issues such as drought, pests, and hail damage in areas like Murcia and Catalonia may cause final figures to fall slightly below expectations.

In the United States, Select Harvests forecasts a 16% to 19% increase in its 2026 almond crop, despite heavy rainfall earlier in the year. However, global almond prices have reached a 10-year high in U.S. dollar terms. This is attributed to structural supply pressures in California, which provides roughly 77% of the global supply and is currently seeing a decline in bearing acreage for the first time since 1995.

Entities

COAG

Timeline

  1. 4 days ago

    [BUSINESS] 2 sources
    Select Harvests forecasts 16-19% increase in 2026 almond crop

    Select Harvests forecasts a 16-19% increase in its 2026 almond crop despite wet weather, amid rising global prices driven by declining supply from California.

  2. 11 days ago

    [BUSINESS] 2 sources
    Almond prices trend upward as Spanish harvest nears completion

    Spain's almond harvest is nearing its end, expected to conclude within two weeks. While production may fall slightly below 135,000 tons due to weather and pests, almond prices are trending upward.

Sources

agropopular.com · freshplaza.com · freshplaza.es · smallcaps.com.au