Flexibility in Focus for Almond Industry
The U.S. Department of Agriculture is inviting feedback on a proposal that could give the California almond industry a new financial tool to stay flexible.
According to the Almond Board of California, the proposed update would allow the board to borrow funds through a commercial line of credit. The board says the change would not impact the current budget or alter assessment rates, and is intended to provide an additional option for managing cash flow within the existing framework, particularly when the timing of expenses and incoming assessment revenue does not align. The option would be available if needed but would not be required. Supporters say it is a common sense step to help maintain programs and keep operations running smoothly.
Comments on the proposal are open through May 19, and USDA will review all feedback before making a final decision before issuing any final rule.
And as a reminder, ballots for the 2026 Almond Board of California election have been mailed to growers and handlers. Keep an eye out, fill them out, and return them by May 21. Visit Almonds.org for more details.
