Newsletter – February 21, 2017
H I L L T O PThe Experienced Source for California Almonds Sustainability through Innovation
Good day growers!
We hope everyone enjoyed the holiday weekend!
The prediction of the potential firming in the market that we advised last week has come true.
The recent storms and bad weather has caused most of California to withdraw from the market. With uncertainty of new crop pollination many are looking to buy both current crop and new crop. The industry won’t know if this weather had an impact on the new crop for several weeks, but the emotional impact has immediately been seen in the market.
We have seen new crop prices at parity or slightly below current crop levels.
Please contact your Hilltop representative if you have specific questions.