2025 Crop Estimate: Market Holds Firm
On April 15, TNT released its much-anticipated estimate for the 2025 almond crop, pegging it at 2.8 billion lbs. While this figure is at the higher end of industry expectations, the market reaction was notable—rather than softening, prices continued to firm, reflecting ongoing confidence and strong underlying demand.
Signs of Stability Emerging
Over the past two weeks, we’ve observed signs of stabilisation in the market. Sellers are increasingly stepping forward with offers, and we’re seeing a willingness to commit to limited volumes for the 2025 crop. This uptick in availability is a welcome sign after months of uncertainty.
Focus on the Upcoming INC Congress
All eyes are now on the annual INC Congress, set to take place next week in Mallorca (8-10 May). Last year’s discussions were dominated by concerns around a tight transition period and limited availability of certain grades, particularly Carmel Type Supremes (CTS) and smaller sizes. Early indications suggest that these themes will once again take center stage, as buyers and sellers assess the year ahead.
California: Supply and Demand Rebalancing
One key development is California’s more stable market position. After several challenging seasons marked by oversupply, supply and demand have now found a healthier balance. This improved outlook bodes well for smoother market dynamics in the months ahead.
Looking Ahead
At Helios Ingredients, we are committed to keeping you updated with the latest market insights as they unfold. We’ll be sharing further updates following the INC Congress—stay tuned as we continue to support your business with timely, relevant information.
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