California almond markets and reserve strategies analyzed
California Agriculture 45(4):18-21. DOI: 10.3733/ca.v045n04p18.
Marketing strategies for California almonds are analyzed based on an econometric model of almond prices. The results indicate that diverting supply from the edible market will increase industry revenue. For the bumper 1990 season, diverting 8% of supply to an allocated reserve is indicated.
Funding for this study was provided by the Almond Growers Council (AGC). The authors are grateful to the Board of Directors of the AGC for their contributions to this study and to Hoy Carman, Colin Carter and a referee for useful suggestions.