Two of California’s most cherished nuts, almonds and walnuts, thrive under the state’s unique atmospheric conditions. Yet recent weather patterns threaten to frustrate the productivity of these crops. Almond trees bloom from mid-February to mid-March while walnuts bloom from April to May. Calm weather [...]
We hope you have been finding our In the Know blog both useful and informative. But did you know that our IQ Ingredient Intelligence platform provides multiple daily commentaries on a variety of commodity and ingredient markets? In addition, the platform offer access to [...]
Growing consumer awareness and demand for plant-based products have prompted beverage makers to jump into the trend. According to Fior Markets, the plant-based beverage market is set to jump from $14.46 billion in 2019 to $24.30 billion by 2027, and North America currently dominates [...]
The 2021 water year was the second driest on record, and the state of California had been hoping for a wet winter. Rains and snows from January through March, however, were the lowest on record. As of Apr. 1, the state’s snowpack was just [...]
Pent-up Halloween spirit (and spirits?) may elevate candy purchasing this month to a record $3 billion, according to the National Retail Federation’s annual spending survey. The CDC is cool with trick-or-treating this year (with the caveat, of course, to respect local regulations), and 66 [...]
Commodity inflation has been challenging enough over the past year, but supply chain issues have multiplied the increase through higher direct costs as well as premiums associated with receiving the product on time. Sourcing U.S.-produced goods may help to soften the impact, but even [...]
Net U.S. almond shipments were an April record at almost 250.0 million pounds, inshell equivalent, up 38 percent YOY but down about 6 percent from March. Including shipments, the industry sold position was over 84 percent sold on total supply at the begging of [...]
Net U.S. almond shipments in January were about 194.3 million pounds, shelled and inshell, down 24 percent from December and down over 12 percent YOY. Exports of 135.5 million pounds were down 9 percent YOY and accounted for nearly three-quarters of all shipments. Cumulative [...]
