Numlock News: July 6, 2021 • Almonds, Sticky, Ever Given
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By Walt Hickey Welcome back! Almonds California’s almond industry is responsible for about 80 percent of the global supply, a $6 billion business that right now is seeing consistent growth begin to dry out owing to severe drought. Indeed, 2020’s 3.115 billion pound almond crop in the U.S. — up from 1.9 billion pounds as recently as 2015 — was seen as a peak, with one acre of mature almond trees requiring 1.3 million gallons of water a year, about twice the amount needed for vegetables like broccoli or lettuce, though less than rice or alfalfa. Sales for Blue Diamond, the grower-owned almond cooperative, totaled $1.6 billion last year, with sales of Almond Breeze almond milk north of $800 million.
Numlock News: July 6, 2021 • Almonds, Sticky, Ever Given
Numlock News: July 6, 2021 • Almonds, Sticky…
Numlock News: July 6, 2021 • Almonds, Sticky, Ever Given
By Walt Hickey Welcome back! Almonds California’s almond industry is responsible for about 80 percent of the global supply, a $6 billion business that right now is seeing consistent growth begin to dry out owing to severe drought. Indeed, 2020’s 3.115 billion pound almond crop in the U.S. — up from 1.9 billion pounds as recently as 2015 — was seen as a peak, with one acre of mature almond trees requiring 1.3 million gallons of water a year, about twice the amount needed for vegetables like broccoli or lettuce, though less than rice or alfalfa. Sales for Blue Diamond, the grower-owned almond cooperative, totaled $1.6 billion last year, with sales of Almond Breeze almond milk north of $800 million.