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A University of California advisor reports red leaf blotch, a foliar almond disease, across the northern Sacramento Valley. Survey traps also caught the invasive carpophilus beetle in orchards, and navel orangeworm activity has nearly stopped at monitoring stations.
Spreading almond disease and pest pressure could eventually reduce California nut yields and raise orchard management costs. Near-term effects on feed commodity prices are minimal.
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.