Cautious Optimism Returns to California Almond Industry

After several challenging years, the California almond industry is beginning to regain its footing. That cautiously optimistic outlook was evident at the 53rd Annual Almond Conference, which also marked the 75th anniversary of the Almond Board of California. The theme, Cultivating a Healthier Future, pointed to a forward-looking approach grounded in innovation, stewardship, and growing global demand.

During the State of the Industry session, ABC President and CEO Clarice Turner addressed the industry’s progress and priorities. “We remain focused on growing demand for California almonds, both domestically and globally,” she said.

Signs of recovery are emerging as supply and demand move closer to balance. Total almond acreage has declined for the fourth straight year, yet the industry recorded its third largest shipping year. Grower returns also improved, rising from the $1.60s per pound for the 2023 crop to the $2.30s per pound for the 2024 crop. “That’s roughly a 40% increase,” said Board Chair Bob Silveira.