{"id":6000,"date":"2019-06-12T12:10:42","date_gmt":"2019-06-12T12:10:42","guid":{"rendered":"http:\/\/www.freeworld-trading.co.uk\/index.php\/?p=6000"},"modified":"2019-06-12T12:11:10","modified_gmt":"2019-06-12T12:11:10","slug":"almond-report","status":"publish","type":"post","link":"https:\/\/www.freeworld-trading.co.uk\/index.php\/almond-report\/","title":{"rendered":"Almond report"},"content":{"rendered":"<p><strong><em>Yesterday, 11<sup>th<\/sup> June, the May 2019 Californian almond Position report was released.\u00a0 Notable numbers are as follow \u2013 <\/em><\/strong><\/p>\n<p><strong><em>\u00a0<\/em><\/strong><\/p>\n<p><strong><em>May 2019 Shipments: 178.72 million lbs. Record number for May. \u00a0\u00a012.9% increase on May 2018.\u00a0 <\/em><\/strong><\/p>\n<p><strong><em>YTD shipment: 1.94 B lbs v 1.95 B lbs last crop year.<\/em><\/strong><\/p>\n<p><strong><em>Crop receipts to date: 2.267 B lbs.\u00a0\u00a0 2018 Crop object forecast was 2.45 B lbs.<\/em><\/strong><\/p>\n<p><strong><em>Commitments (almonds sold but not yet shipped,)\u00a0 362 m lbs<\/em><\/strong><\/p>\n<p><strong><em>Uncommitted inventory: 274 m lbs.<\/em><\/strong><\/p>\n<p><strong><em>New sales for May:\u00a0 108 m lbs<\/em><\/strong><\/p>\n<p><strong><em>\u00a0<\/em><\/strong><\/p>\n<p><strong><em>\u00a0<\/em><\/strong><\/p>\n<p><strong><em>May 2019 shipments of 178 \u00a0m lbs are a new record for California.\u00a0 Total shipments + commitments are pointing to California close to being 90% sold for the 2018 crop.\u00a0 <\/em><\/strong><\/p>\n<p><strong><em>There has been strong demand during the month of May and with good demand still in the market, it is reasonable to say there will be a carry over of less than 350 m lbs into the 19 crop.<\/em><\/strong><\/p>\n<p><strong><em>\u00a0<\/em><\/strong><\/p>\n<p><strong><em>The subjective report estimated a crop of 2.5 B lbs although the general consensus from California is this is a little on the high side.\u00a0 The 2019 Objective crop report will be released on the 3<sup>rd<\/sup> of July and will provide a bit more clarity on the size of the coming crop. <\/em><\/strong><\/p>\n<p><strong><em>New crop is currently trading at a good discount to current crop with California sitting just under 5% sold for new crop.\u00a0 This is slightly ahead of where we were at the same point last year but historically this would be seen as undersold for this time of the year. <\/em><\/strong><\/p>\n<p><strong><em>\u00a0<\/em><\/strong><\/p>\n<p><strong><em>The transition between the crops is going to be very tough given the lack of inventory available, especially on carmel types and small cals along with a later than expected 19 crop harvest.<\/em><\/strong><\/p>\n<p><strong><em>Our advice would be for buyer\u2019s to cover their requirements for the next 4-5 months. <\/em><\/strong><\/p>\n<p><strong><em>\u00a0<\/em><\/strong><\/p>\n<div class=\"ead-preview\"><div class=\"ead-document\" style=\"position:relative;padding-top:90%;\"><iframe src=\"\/\/docs.google.com\/viewer?url=http%3A%2F%2Fwww.freeworld-trading.co.uk%2Fwp-content%2Fuploads%2F2019%2F06%2F2019.05_PosRpt_asdfd.pdf&embedded=true&hl=en\" style=\"width:100%; height:100%; border: none; position: absolute;left:0;top:0;\"><\/iframe><\/div><p class=\"embed_download\"><a href=\"http:\/\/www.freeworld-trading.co.uk\/wp-content\/uploads\/2019\/06\/2019.05_PosRpt_asdfd.pdf\" download >Download [261.48 KB] <\/a><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday, 11th June, the May 2019 Californian almond Position report was released.\u00a0 Notable numbers are as follow \u2013 \u00a0 May 2019 Shipments: 178.72 million lbs. Record number for May. \u00a0\u00a012.9% increase on May 2018.\u00a0 YTD shipment: 1.94 B lbs v 1.95 B lbs last crop year. Crop receipts to date: 2.267 B lbs.\u00a0\u00a0 2018 Crop [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Almond report - Freeworld Trading<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.freeworld-trading.co.uk\/index.php\/almond-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Almond report - Freeworld Trading\" \/>\n<meta property=\"og:description\" content=\"Yesterday, 11th June, the May 2019 Californian almond Position report was released.\u00a0 Notable numbers are as follow \u2013 \u00a0 May 2019 Shipments: 178.72 million lbs. Record number for May. \u00a0\u00a012.9% increase on May 2018.\u00a0 YTD shipment: 1.94 B lbs v 1.95 B lbs last crop year. Crop receipts to date: 2.267 B lbs.\u00a0\u00a0 2018 Crop [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.freeworld-trading.co.uk\/index.php\/almond-report\/\" \/>\n<meta property=\"og:site_name\" content=\"Freeworld Trading\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-12T12:10:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-06-12T12:11:10+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Yuyin Hsiao\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.freeworld-trading.co.uk\/index.php\/#website\",\"url\":\"https:\/\/www.freeworld-trading.co.uk\/index.php\/\",\"name\":\"Freeworld Trading\",\"description\":\"Nut Kernels, Dried Fruit, Seeds, Superfoods, Grains, Pulses Delivering certainty in an ethical and sustainable way\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.freeworld-trading.co.uk\/index.php\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.freeworld-trading.co.uk\/index.php\/almond-report\/#webpage\",\"url\":\"https:\/\/www.freeworld-trading.co.uk\/index.php\/almond-report\/\",\"name\":\"Almond report - Freeworld Trading\",\"isPartOf\":{\"@id\":\"https:\/\/www.freeworld-trading.co.uk\/index.php\/#website\"},\"datePublished\":\"2019-06-12T12:10:42+00:00\",\"dateModified\":\"2019-06-12T12:11:10+00:00\",\"author\":{\"@id\":\"https:\/\/www.freeworld-trading.co.uk\/index.php\/#\/schema\/person\/d02574f9075511944bd3b1b389d333f0\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.freeworld-trading.co.uk\/index.php\/almond-report\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.freeworld-trading.co.uk\/index.php\/almond-report\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.freeworld-trading.co.uk\/index.php\/almond-report\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.freeworld-trading.co.uk\/index.php\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Almond report\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.freeworld-trading.co.uk\/index.php\/#\/schema\/person\/d02574f9075511944bd3b1b389d333f0\",\"name\":\"Yuyin Hsiao\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.freeworld-trading.co.uk\/index.php\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/fa36733e2c7c4c7860ffce53ae25e994?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/fa36733e2c7c4c7860ffce53ae25e994?s=96&d=mm&r=g\",\"caption\":\"Yuyin Hsiao\"},\"url\":\"https:\/\/www.freeworld-trading.co.uk\/index.php\/author\/yuyin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Almond report - Freeworld Trading","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.freeworld-trading.co.uk\/index.php\/almond-report\/","og_locale":"en_US","og_type":"article","og_title":"Almond report - Freeworld Trading","og_description":"Yesterday, 11th June, the May 2019 Californian almond Position report was released.\u00a0 Notable numbers are as follow \u2013 \u00a0 May 2019 Shipments: 178.72 million lbs. Record number for May. \u00a0\u00a012.9% increase on May 2018.\u00a0 YTD shipment: 1.94 B lbs v 1.95 B lbs last crop year. Crop receipts to date: 2.267 B lbs.\u00a0\u00a0 2018 Crop [&hellip;]","og_url":"https:\/\/www.freeworld-trading.co.uk\/index.php\/almond-report\/","og_site_name":"Freeworld Trading","article_published_time":"2019-06-12T12:10:42+00:00","article_modified_time":"2019-06-12T12:11:10+00:00","twitter_card":"summary","twitter_misc":{"Written by":"Yuyin Hsiao","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/www.freeworld-trading.co.uk\/index.php\/#website","url":"https:\/\/www.freeworld-trading.co.uk\/index.php\/","name":"Freeworld Trading","description":"Nut Kernels, Dried Fruit, Seeds, Superfoods, Grains, Pulses Delivering certainty in an ethical and sustainable way","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.freeworld-trading.co.uk\/index.php\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.freeworld-trading.co.uk\/index.php\/almond-report\/#webpage","url":"https:\/\/www.freeworld-trading.co.uk\/index.php\/almond-report\/","name":"Almond report - Freeworld Trading","isPartOf":{"@id":"https:\/\/www.freeworld-trading.co.uk\/index.php\/#website"},"datePublished":"2019-06-12T12:10:42+00:00","dateModified":"2019-06-12T12:11:10+00:00","author":{"@id":"https:\/\/www.freeworld-trading.co.uk\/index.php\/#\/schema\/person\/d02574f9075511944bd3b1b389d333f0"},"breadcrumb":{"@id":"https:\/\/www.freeworld-trading.co.uk\/index.php\/almond-report\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.freeworld-trading.co.uk\/index.php\/almond-report\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.freeworld-trading.co.uk\/index.php\/almond-report\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.freeworld-trading.co.uk\/index.php\/"},{"@type":"ListItem","position":2,"name":"Almond report"}]},{"@type":"Person","@id":"https:\/\/www.freeworld-trading.co.uk\/index.php\/#\/schema\/person\/d02574f9075511944bd3b1b389d333f0","name":"Yuyin Hsiao","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.freeworld-trading.co.uk\/index.php\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/fa36733e2c7c4c7860ffce53ae25e994?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/fa36733e2c7c4c7860ffce53ae25e994?s=96&d=mm&r=g","caption":"Yuyin Hsiao"},"url":"https:\/\/www.freeworld-trading.co.uk\/index.php\/author\/yuyin\/"}]}},"_links":{"self":[{"href":"https:\/\/www.freeworld-trading.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/6000"}],"collection":[{"href":"https:\/\/www.freeworld-trading.co.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.freeworld-trading.co.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.freeworld-trading.co.uk\/index.php\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.freeworld-trading.co.uk\/index.php\/wp-json\/wp\/v2\/comments?post=6000"}],"version-history":[{"count":1,"href":"https:\/\/www.freeworld-trading.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/6000\/revisions"}],"predecessor-version":[{"id":6002,"href":"https:\/\/www.freeworld-trading.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/6000\/revisions\/6002"}],"wp:attachment":[{"href":"https:\/\/www.freeworld-trading.co.uk\/index.php\/wp-json\/wp\/v2\/media?parent=6000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.freeworld-trading.co.uk\/index.php\/wp-json\/wp\/v2\/categories?post=6000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.freeworld-trading.co.uk\/index.php\/wp-json\/wp\/v2\/tags?post=6000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}