China directed its state-owned enterprises to stop buying American agricultural goods in response to President Trump’s decision to impose new 10% tariffs on another $300 billion worth of Chinese imports, starting Sept. 1. China said it may also impose additional tariffs on U.S. farm products. These are no good news for the Almond Industry, which depends heavily on foreign markets. How damaging is the current situation for Almonds from California? We talked to Richard Waycott, president and CEO of the Almond Board.
The Clipper: We are approaching the harvest season for Almonds in California. What do you expect?
Richard Waycott:The official Harvest estimate puts the total production significantly lower than most people had expected. Growing conditions were good this year. Some peopleSome people thought it was too windy and too wet during the bloom. We have very heavy almonds sets on the trees in the lower part of the state and not so heavy in the north. Everybody thought this crop would be around 2,500,000,000 pounds but so far we are going with the official estimate which is 2.2 b pounds. This is very surprising because we have 70,000 more bearing acres this year compared to last year. This would mean that the yield per acre would come in very low which is also surprising to many people.The Clipper: China and the US are currently engaging in a trade war. What does that mean for almonds from California?
To view the full report please subscribe to our print edition here!
Digital Edition for Tablets and Smartphones: