Shipments for October totalled 247.1 million pounds. This was ahead of last year and better than expected as many anticipated a lower number.

With shipments kicking off later this year we are seeing an increase as the market catches up with availability. October's report proves that there is no slow down in demand and market experts indicate that we will see a 5% increase overall this year.

Domestic Shipments were up 7% in October from last year and are trending up 2% YTD.

Export Shipments were down -2% in October from last year and are trending down -9% YTD.

As buyers seem to be purchasing more hand to mouth, the industry is behind slightly as the percentage sold is now estimated at 48.2% (percentage of crop shipped or committed). This is almost 10% behind last year.

However, with continued growth across global markets and an ever-increasing desire for plant based food, the Almond Market remains secure and prices continue to be steady.

The verdict remains out on overall crop size. Receipts are ahead of last year but most are expecting the esimated 2450 million pound crop to be on the high side of where it will land.