California Almonds Dropping In Price

MODESTO, Calif. (AP) – Almond prices in California have dropped significantly in the past few months, giving environmentalists hope the slump will halt orchard plantings but experts say the industry’s long-term prospects remain strong.
A farmer who could sell a pound of almonds for nearly $5 last summer is now getting as little as $3.10.
Farmers say a downturn was inevitable after years of rising prices and an explosion in production. The slowing down of economies in large world