Almond December Position 2016 Report

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In this special report, Michael Stevens and Sanjoy Das review the latest December Position report

Points discussed :-

– The net shipments were 135, 418, 437 for December (2015-16 crop year), so that’s 9% down which means we are running at 11% down for sales exports
– It was an early crop
– More almonds than we thought there was going to be, and shipments are falling off
– > uncommitted and problems remain in the market