The almond output drops for the second consecutive years due to long-term drought in main production zone in California. The output in 2013/2014 reached over 2 Billion pounds while the predicted output in 2015/2015 is only 1.8 billion pounds. In last year, the price of almond created a historical high record.

The price started falling since April, 2015. From July 2015 to April 2016, the price fall is 55%, creating the lowest level since February 2012.