How bad is the Port of Oakland? The Almond Express should tell us something.
The California Almond Objective Measurement Report, published Monday by the United States Department of Agriculture-National Agricultural Statistics Service, estimates that the 2021 crop will come in at 2.8 billion meat pounds, 10 percent below last year’s record of 3.1 billion pounds.
As California growers deal with drought conditions again, the booming almond industry fears limitations for non-market based reasons.
The increase was not a surprise to the U.S. ag sector. India first announced the retaliatory measures a year ago due to import duties on steel and aluminum, but the increase was delayed several times while trade talks were ongoing.