Retaliation-Proof Almonds Increasingly Milking The Indian Market — Panjiva
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Retaliation-Proof Almonds Increasingly Milking The Indian Market

Ags - Fruit/Veg 146 China 3053 Consumer Staples 807 European Union 882 India 553 U.S. 5404

Financial investors’ involvement in the commodity industry is spreading increasingly to foods, including the almond nut sector within spending on new and existing farms. The U.S. accounts for 80% of global production and has seen a downturn in production recently due to poor weather conditions. Exports have been robust, climbing 6% on a year earlier in the 12 months to January 31, including a flattening of peak season shipments. That’s been largely driven by a 25% surge in shipments to India, which has overtaken China as the second most important market after the EU. Ameri...

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