Almonds

Almonds are a cornerstone commodity in California for both producers and consumers.  It’s no coincidence that the state’s Central Valley supplies nearly 90% of the world’s almonds.  This dominance stems from decades of research and farming expertise including an ideal growing climate, reliable surface and groundwater resources, world-class research institutions, market access, and some of the finest farmers in the world.  All these factors contribute billions of pounds of this healthy, plant-based protein for human consumption each year.

The California almond industry now produces approximately 2.8 billion pounds annually, with more than 1.5 million acres of orchards across the state.  Almonds represent roughly $4.5 billion in annual export value, supporting over 100,000 jobs, the vast majority of which are located in the Central Valley.  This multi-billion-dollar segment of California agriculture has proven to be both resilient and a strong store of value for landowners.

While subject to periodic fluctuations driven by supply and demand, the almond industry benefits from inherent scarcity, a consistently desirable product, and long-term global demand for plant-based proteins.  Locally, almond production and development have driven substantial increases in land values and are widely viewed as a bellwether for agricultural real estate valuation.
There is no better place to grow this versatile permanent crop than the Central Valley, and Tech Ag Financial Group has successfully transacted thousands of acres within this vital sub-asset class.