Association Repays a Portion of the 2019 Capital Retain

On March 6, 2020 the Association distributed a repayment of the overage of 1.9005 cents per pound on the hulling fees collected during the 2019 season. The repayment of the overage (also called the supplemental retain) totaled $2,592,818.43 in disbursements to the membership.

Last season our area incurred freeze events during pollination that many believed would jeopardize the almond crop’s potential. However, the cold was not as significant in our area of operation as in areas north of Madera county where yields were greatly compromised. Our production volume once again marked another record as the Association’s plants hulled or shelled out 136,427,281 meat equivalent pounds. This is a dramatic increase over 2018 when 105,816,119 lbs. were cracked out. This was an increase of 28.9%, over the prior season. The average yield per acre came in at 2,311 lbs., which is the second highest yield ever recorded at your Association!

As we have observed in the past, high yielding crops usually have lower levels of pest damage. This was certainly the case last season with very low levels of Naval Orange Worm and ant damage being seen on our processing lines in the shellers. The average turnout of all varieties was 26.02%.

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