PRESIDENT’S CORNER
Summer has turned up the heat this year in California, creating uncomfortable conditions for almond orchards and their growers! The high temperatures you have endured over the past few weeks have created significant stress for all involved. But I‘m happy to say that, as I write this note, it appears that your dedication, perseverance and hard work are about to pay off with the start of the harvest.
Compared to last year, improved pollination opportunities have resulted in a larger crop, which was confirmed by the USDA National Ag Statistics Service estimates. The newly released 2024 California Almond Objective Measurement Report predicted a 2.8-billion- pound harvest for this year. Despite the larger crop, increased industry sales and shipments are producing a significantly smaller carryover this year, prompting the response to the Objective Forecast as an approximate $0.20 per pound increase in pricing. As nurturing our orchards requires dedication and an investment of resources, our path at Blue Diamond reflects a similar commitment to cultivating success. We have invested in new initiatives, and while it takes time to see results, we are eager to reap the fruits of our labor. As we continue to expand into new markets and focus on driving consumption in ways that will strengthen our value-added business, we remain committed to growing sustainably for the future. During my recent visit to board member, George te Velde’s home, I was glad to meet with some of you as we celebrated the graduation of our Leadership Program. To date, the program boasts over 500 graduates and is a crucial channel for leadership in our industry. Marking
its 20th year, the program is a symbol of the shared spirit that unites each one of you and the almond community. Meeting so many of our talented leaders highlights the deep-rooted family traditions within our cooperative, bringing in new energy and fresh ideas. For me, family is really what it’s all about. Leading a cooperative family of 4,500 of our growers and team members is a privilege, and each person is key to our success. My family relocated here to Sacramento almost a year ago and it has been a blessing beyond measure to have them with me as I focus on leading Blue Diamond towards a stronger future. I had a wonderful time meeting with many of you at the District Meetings, and I look forward to meeting even more of you at our Annual Meeting on November 20 in Modesto. Thank you for your unwavering commitment and hard work. Together, we’re cultivating not just almonds, orchards, and trees, but a legacy of excellence and resilience to stay for many years to come.
Kai Bockmann President & CEO
Kai Bockmann President & CEO
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ALMOND FACTS
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