Bank predicts MORE almond plantings in California for the foreseeable future

April 17, 2015 11:32 PM

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In theory, the lack of water in California should be slowing new acreage of almond trees, which tend to use more water than the average crop.

But a new report from Rabobank, a multinational banking and financial services that specializes in U.S. agriculture, predicts more acreage than ever will be devoted to almonds in the coming decade.

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