224037ABA Almond Insights 23+24-2V (clone) | Page 20

The World Almond Index provides an insight into the overall wholesale ( before shipping ) price average over the past year .

The Index is calculated against all almond varieties and sizes sold .

The Index has been calculated by Stratamarkets , which is a subscription-based service that provides clients with an independent analysis of the global almond market by tracking pricing trends on a weekly basis .

The Index price is a “ Free Alongside ” ( FAS ) global wholesale price average , not a farmgate return . It does not include shipping and is before primary and secondary processing and packing costs are deducted .

Footnote :

To calculate the Index in Australian dollars per kilogram , apply the following process .

Step 1 : Step 2 :

Example :

US price per pound x 2.2046 = $ US per kilogram

$ US price per kilogram divided by the Australian dollar ’ s exchange rate against the $ US = Australian price / kilogram .

$ US2.00 / lb x 2.2046 = $ US4.41 / kg $ US4.41 divided by $ AUD0.65 = $ AUD6.78 / kg ( FAS )

The index should only be used as a guide as pricing will vary from grower to grower and is based solely on the information gathered by Stratamarkets . For more information on Stratamarkets go to www . stratamarkets . com . au

$ 3

$ 2.5

$ 2

$ 1.5

$ 1

$ 0.5

WMC , US FAS , $/ lb