Business Journal: State's Almond Crop Expands

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(Sacramento, CA)
Wednesday, December 6, 2006
The price of almonds is up … demand is strong … so growers have been planting more trees. It all means that the annual production of almonds in California should grow by 50% in the next few years, to one and a half billion pounds. Blue Diamond, based in Sacramento, is expanding its membership. It’s also investing in new equipment and installing a high-speed processing line. Almonds are the state’s largest agricultural export. Blue Diamond says its growers have received record payments of 508 million dollars for their 2005 crop.