Nut News: The March 2019 Almond Position Report with Select Harvest USA

MarketScale
MarketScale
Apr 25, 2019
Almond Harvest Bob Nunes podcast March Almond Position Report Nut News Promoted Content Tyler Kern Podcast

 

While almond shipments in March 2019 did not top the record shipping month seen at the same time last year, Select Harvest USA CEO Bob Nunes says shipping and sales for almonds are healthy this month. He attributes this to strong demand from an Indian holiday and steadying European prices. On Nut News, Nunes highlighted March 2019 as the third largest shipping March on record and shared record new sales generated in the month.

According to the Almond Industry Position Report for March 2019:

  • India’s particularly early Diwali season helped drive demand. The country derived most of the almonds demanded for the high religious holiday from 2018’s crop because the holiday fell earlier on the calendar this year and 2019 crops would arrive too late.
  • Europe’s almond market was very active this month and shows signs of stability. Nunes says he sees that consumers are purchasing almonds throughout the summer months, showing steady demand and leading to price stability on a month-to-month basis.
  • Demand for the Middle East was “spotty” as Ramadan approaches and the region makes use of its existing inventory, Nunes says.
  • China’s demand continues to be weak as the unresolved trade agreement between the country and the United States continues. “We’re hoping that to rebound for the 2019 crop,” Nunes says.

Also in this episode, Nunes highlighted the Terranova Trading annual crop estimate– one of the first to come out this year– and when to expect the National Agriculture Statistic Service’s subjective estimate, which helps determine current and new crop price.

The Select Harvest CEO also discussed supply and demand scenarios, and whether there will be price-spiking demand that exceeds the supply until the new crop arrives in September 2019.

To learn more about Select Harvest, visit selectharvestusa.com.

For the latest news, videos, and podcasts in the Food & Beverage Industry, be sure to subscribe to our industry publication.

Follow us on social media for the latest updates in B2B!

Twitter – @FoodMKSL
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!

Image

Latest

Radar
Physical Retail’s Next Infrastructure Layer: Item-Level Intelligence with Radar
June 4, 2026

Physical retail is under pressure to become as measurable and responsive as e-commerce. While retailers have spent years optimizing digital channels with real-time data, store teams have often had to make decisions with incomplete inventory visibility and delayed operational signals. That gap matters because stores still account for 80% of U.S. retail sales, making…

Read More
Healthcare in Pakistan
From Institutional Excellence to Population-Level Access: How Pakistan Can Bridge Its Healthcare Divide
June 1, 2026

Healthcare systems are under pressure almost everywhere, but the strain is especially visible in lower-resource settings where demand is rising faster than infrastructure. In Pakistan, that pressure is playing out across a system that has to serve more than 250 million people with limited public investment. Public health spending remains below 1% of GDP,…

Read More
Engineering
Scaling Experiential Learning in the Curriculum: How Iron Range Engineering Transformed Engineering Education
June 1, 2026

Engineering has transformed nearly every part of modern life, from the phones in our pockets to the systems powering global industry. But the way engineers are educated has often moved far more slowly than the profession itself. Employers are asking for graduates who can navigate ambiguity, communicate across teams, and contribute meaningfully from the…

Read More
vascular surgeon
When Geography Meets Purpose: How One Move Reshaped a Vascular Surgeon’s Career
May 28, 2026

Medicine isn’t what it used to be—not for the people practicing it. Independent physicians are becoming the exception, not the norm, as more doctors move into hospital systems, corporate groups, and academic networks. At the same time, the pipeline of specialists isn’t keeping pace with growing patient needs, particularly in complex fields like vascular…

Read More
Related
Produce distribution
Software & Technology
The Produce Distribution Industry Needs Flexibility, Empathy, and a New Generation of Talent
May 1, 2025
Experts Talk graphic, Carl Udler on QSR connectivity
Healthcare
How Hughes is Powering the Future of QSR Connectivity & Fast Food Tech
March 14, 2025

Quick service restaurants (QSRs) are under increasing pressure to enhance speed, efficiency, and customer experience—all while managing a growing network of digital systems. From AI-powered ordering kiosks to real-time kitchen automation, modern QSRs are more connected than ever. The restaurant AI market was valued at $9.68 billion in 2024, and expected to reach $49…

Read More
77X Frozen Cocktail Series
Healthcare
Benefits of the 77X Frozen Cocktail Series
July 31, 2024

The frozen beverage market is booming globally, but many businesses face challenges in serving frozen cocktails due to traditional equipment’s inefficiencies. The 77X Frozen Cocktail Series from FBD addresses these challenges and provides a seamless business solution. This advanced system eliminates product inconsistency and waste through its closed, sealed design and bag-in-box technology, ensuring…

Read More