Is The Almond Boom About To Go Bust?

Is The Almond Boom About To Go Bust?

almond 1Here is a great article pertaining to Central California’s almond population. With the recent spike in almond production, growers are starting to wonder if the almond boom is about to go bust. Because of the rapid increase, the commodity is beginning to lose value. Vernon Crowder, part of the Food and Agribusiness Research Advisory Group with Rabobank in Fresno, has watched the market price decrease 20 percent since 2014. The loss is accredited to excess supply, costing growers a 1.8 million dollar loss. Learn more today about the almond industry in this article.almond

 

http://kvpr.org/post/prices-drop-almond-farmers-wonder-if-boom-will-last