Tejon Ranch Says For FY23 The Current Subjective Estimate For The 2023 Almond Crop Is 2.6B LBS Which Is Consistent With 2022
Portfolio Pulse from Benzinga Newsdesk
Tejon Ranch (TRC) has estimated its 2023 almond crop yield to be 2.6 billion pounds, which is consistent with the yield for 2022.
August 04, 2023 | 1:35 pm
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Tejon Ranch's almond crop yield for 2023 is expected to be consistent with 2022, indicating stable production.
The news indicates that Tejon Ranch's almond production is expected to remain stable in 2023, which could be seen as a positive sign of operational stability. However, it does not necessarily indicate growth or decline, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100