{"id":5078,"date":"2017-10-16T12:16:21","date_gmt":"2017-10-16T12:16:21","guid":{"rendered":"http:\/\/www.freeworld-trading.co.uk\/?p=5078"},"modified":"2017-10-16T16:04:47","modified_gmt":"2017-10-16T16:04:47","slug":"almond-industry-position-report-sep-2017","status":"publish","type":"post","link":"https:\/\/www.freeworld-trading.co.uk\/index.php\/almond-industry-position-report-sep-2017\/","title":{"rendered":"Freeworld Heads Up Monday 16th October 2017"},"content":{"rendered":"

Almond Industry Position Report Sep 2017<\/strong><\/p>\n

The Almond Board of California released the September 2017 position report on the \u00a011th<\/sup> October.<\/p>\n

The report showed shipments at 190.6m lbs which was down 5.4% against last September\u2019s figure of (201.6m lbs.)<\/p>\n

Receipts are at 844.2mlbs vs 960.6m lbs.<\/p>\n

Commitments 721m v 639m.<\/p>\n

Shipped plus forward commitments is at 1.08b lbs which is about 41.5% of total supply, a figure which is similar to this stage last year.<\/p>\n

 <\/p>\n

The 2017 crop is later than last year and this is seen as the reason the September figure was down.\u00a0 Growers\/packers are also concerned about the high % of doubles and inspect damage this year and therefore they have been cautious selling supreme grades during September.<\/p>\n

We have now seen more growers and packers return to the market this month and we are told that most packers are full for October and filling up for November.<\/p>\n

 <\/p>\n

The market has remained relatively stable over the past week with supreme grades a little firmer and ssr grades a little softer.<\/p>\n

Some packers have told us they expect Chinese demand to come in soon and this should push the market up but we will have to see how strong this demand is.\u00a0 For the time being we see a stable market in the near future.<\/p>\n

The October shipment figure is due for release on the 9th<\/sup> November.<\/p>\n

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