AG Watch

Farmers see high demand for almonds

Thursday, May 24, 2012

Almond growers are in for a big year, but their supply may still not be enough to meet demand.

A government report says nearly 800-thousand acres of orchards will produce nuts during this fall's harvest. That's a little below last year's production but still a big number.

However, this year's crop likely won't be enough to meet the demand for almonds -- which had gone up about 15 percent from last year. Growers say new plantings are going in -- but it will take a few years until those crops can be harvested.

Experts say if things stay this way, almond prices will likely go up.

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