Rabobank forecasts a 59% increase in Australia's almond crop to 164,000 metric tons KWE in 2024.
Rabobank's Five-year almond market outlook forecasts a 59% increase in Australia's almond crop for 2024 to 164,000 metric tons KWE. Improving export prices are expected to help the industry rebound, with almond exports accounting for 80% of Australian production. The latest industry forecasts predict a strong recovery, following a challenging production year in 2023.
March 03, 2024
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