"The world is currently grappling with an excess of almonds"
Blue Diamond Growers, headquartered in Sacramento are one of the globe's largest almond cooperatives, disclosed a significant 21% reduction in net sales for the fiscal year 2022-23, plummeting to $1.3 billion from the previous year's $1.6 billion. The cooperative's President and CEO, Kai Bockmann, attributed this downturn to a confluence of challenges, encompassing an oversupply of almonds,
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