Restricting flow of almonds to export markets may raise profits
California Agriculture 47(6):7-10. DOI: 10.3733/ca.v047n06p7.
California is the world's dominant producer of almonds. Statistical models of demand for almonds in the United States and six leading export markets suggest that California can raise revenues and profits in the short run by restricting Sales to major export markets. However, in the long run, Spain or other producers may offset those short-run gains by increasing production.