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California almond markets strengthened in mid-October on lower crop expectations and strong September export demand, especially to India. Pistachio prices kept rising in October as estimates put the 2026 crop 55-60% below 2025 at 600-700 million pounds.
A short pistachio crop and tighter almond supply support nut prices for downstream buyers, while strong Indian demand adds upward pressure. These are nut commodities rather than feed inputs, so the direct feed-buyer impact is limited.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.