The almond campaign in Spain faces a drop in production of up to 15% and low prices that do not even cover costs

Published 2024년 8월 25일

Tridge summary

The almond production forecasts in Spain have been reduced due to drought and heat waves, with potential decreases of up to 15% in some dry areas. This is causing problems as the current prices are not covering production costs. The agricultural organizations have revised their production estimates, which were based on lower international stock levels, due to the drought's impact. The almond campaign has already started in several areas, but the lack of rain is leading to an irregular development of the almonds. The industry is asking for prices to increase to cover production costs and comply with the Food Chain Law. In recent years, there has been a decrease in the last almond campaign's production compared to previous campaigns, and almond imports have increased.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The drought and heat waves during the summer have reduced production forecasts for the almond campaign, with declines of up to 15% in some dry areas, accompanied by low prices at source that do not cover production costs, according to producers. The campaign has already begun in several parts of the country, especially in dry areas; along the Mediterranean, in Aragon, Catalonia, in the province of Almeria and in Castilla-La Mancha, although it has also begun in recent weeks in other irrigated and intensively cultivated areas. At the beginning of the summer, the agricultural organisations ASAJA, COAG, Cooperativas Agroalimentarias de España and AEOFRUSE set the estimated production of almond kernels at 122,304 tonnes, which was 8% compared to the harvest of the previous campaign However, they have had to lower these forecasts due to the effects of the drought and the heat waves that the plantations have suffered, as explained to Efeagro by the head of nuts at COAG, Javier Fatás. In ...

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