Tuesday, November 19, 2013
Why The World Is Nuts About Almonds Which Is a $4 Billion Industry In California
Almonds are a big business. Production in California has doubled since 1990 and California produces 80% of the worlds almonds. This article describes the economics that are driving up prices and demand for almonds. China has become a big importer of nuts, including almonds, and consumers are substituting almond milk for diary milk which is regarded by many as a health problem. The biggest threat to the almond market is a reduction in the number of bees that are essential to their production. Beekeepers report a 30% decline in the number of bees as a result of several environmental issues that threaten their health.