Almond Objective Report Includes Low Carryout
The 2024 California Almond Objective Measurement Report published Wednesday by the U.S. Department of Agriculture’s National Agricultural Statistics Service (USDA-NASS) estimates that the crop harvested in 2024 will come in at 2.80 billion meat pounds.The estimate is down 7 percent from USDA-NASS’s Subjective Forecast in May. It follows a generally solid bloom as well as a year in which growers faced a range of economic challenges. It also comes when the carryout is projected to drop to levels not seen in years as almond shipments set a record of 10 months straight of at least 212 million pounds shipped.