Demand for Australian almonds remains healthy following the release of the industry’s October sales position report.
Numbers have trailed off last season’s record sales season, but remain likely to be the second biggest despite a smaller crop.
China continues to drive the export activity with another strong month of trade that was 2% up on the same period last year. The season to date volume into China continues to track slightly above last season’s record volume by 4% and now makes up 60% of the 2025-26 Australian almond exports.
For the second consecutive season inshell volumes have outstripped the traditional kernel sales in the export market.
Pricing remains firm and the outlook for last week’s Californian Almond Conference suggested that the global supply-demand dynamic for almonds was good news for growers.
In July, the world’s price dropped dramatically after the independently calculated Objective Estimate for the Californian crop announced a 3 billion crop for the 2025-26 season. The number floored most experts and the receipts that followed indicate that the estimate could be about 300 million pounds above the actual intake. The Almond Board of California announced last week it would no longer be financing the calculation of the annual Objective Estimate.