>it was reported that as much as 40% of the '05 almond
>crop hadn't sold.
The folllowing link, while old gives some valuable insight on almond production surpluses and/or lack thereof:
http://www.fas.usda.gov/htp2/circular/1999/99-11/almsit.htm
Note the following from this current link:
http://aic.ucdavis.edu/profiles/Almond-2005.pdf
"The Almond Board of California annually makes recommendations to the
Secretary of the USDA on the percentage of saleable almonds, if any, to be removed
from the market and placed into reserve (Agricultural Marketing Service(AMS)). The
reserve has not been used since 1994."
This suggests that the 40% surplus figure could be suspect and needs further research.
Cheers, Bob
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