- Rising US grocery prices are being driven up by a combination of geopolitical factors (Iran war), climate issues (El Niño), and domestic supply constraints like tariffs and smaller cattle herds.
- Data from NCEI and Cal Poly details how extreme weather patterns are affecting agricultural harvests and market trends.
- NASS provided production forecasts for California agriculture.
Almond Industry Study Shows $21.3 Billion Economic Impact in California
What happened
The Almond Board of California commissioned a study detailing the state's almond industry, which found the sector generates $21.3 billion in economic activity within California and supports 99,826 jobs. Separately, the National Agricultural Statistics Service estimated the 2025 almond crop's farmgate value at approximately $6.87 billion. During the 2025/26 crop year, almond exports generated $6.62 billion.
From freshplaza.com
Why it matters
The industry contributes $30 billion to the economy nationally and generates approximately $3 billion in state and federal tax revenue in California. This economic activity supports various sectors, including transportation, manufacturing, and logistics throughout the state.
National Agricultural Statistics Service provided production forecasts for California agriculture, while data from NCEI and Cal Poly details how extreme weather patterns are affecting agricultural harvests and market trends.
From freshplaza.com
Who's involved
- Almond Board of CaliforniaCommissioned the economic impact study on the California almond industry.
- National Agricultural Statistics ServiceEstimated the farmgate value for the 2025 almond crop.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- CaliforniaSpeculative
The industry's $21.3 billion economic activity and $3 billion in tax revenue could strengthen the state's funding base.
Keep exploring
The entities involved
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Almond Board of California
nonprofit organization in Modesto, United States
Nothing else this week.
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National Agricultural Statistics Service
statistical branch of the U.S. Department of Agriculture and a principal agency of the U.S. Federal Statistical System
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California
former rapid transit station in Chicago, United States