Almond producer Select Harvests forecasts its 2024 crop to range between 28,500 MT and 30,000 MT, making it one of its largest harvests ever.
Managing Director David Surveyor noted that the harvest started two weeks earlier than usual due to favourable growing conditions.
Almond prices are soft after the US bloom season. Select's price forecast for 2024 is $7.3/kg to $7.5/kg as production costs decrease this year.
The company added that CFO Brad Crump will depart on July 31 to focus on his family business. The company is actively seeking a new CFO.