4 posts
California's two most important tree nut sectors are diverging at historic scale. This report tracks every acre planted and removed across 40 years by district, basin, and GSA to expose where capital is flowing, where it's retreating, and what it means for supply through the next decade.
Pistachio removals in California tell a very different story to almonds . The scale is significantly smaller, but with one stand-out finding.
Almonds and pistachios are grown in many of the same regions of California's Central Valley, face the same water constraints, and overlap in their grower base. But their planting trajectories since 2016 have diverged dramatically.
California's almond and pistachio sectors are planting fewer acres than at any point in the modern era. Demeter has cross-referenced a variety of datasets, including the Department of Water Resources' Land Use Mapping, to track every acre of almonds and pistachios planted and rem…