A brief overview of the U.S. almond industry
1982
Huang, B.W. | Conway, R.K.
Extract: This article reviews some of the rapid changes the U.S. almond industry has been undergoing during the past several years. The demand in both domestic and foreign markets has led to higher almond prices since 1965, and the industry has responded with expanded acreage. With favorable weather and record bearing acreage, the U.S. almond industry is capable of producing a crop of unprecedented size even though the rate of new plantings has subsided in recent years. Consequently, while grower prices will undoubtedly depend on future demand, consumers in the years ahead should find ample supplies of almonds. A price estimating equation was used to identify a set of variables at the farm and retail levels that have the largest influence on almond prices received by growers.
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