Brittney Goodrich, Ph.D. joined the Journey to discuss the recent almond cost and return studies. Dr. Goodrich is an assistant professor in the department of agricultural and consumer economics at the University of Illinois, Urbana-Champaign. Her previous position as a cooperative extension specialist at the University of California, Davis is where she got involved in performing cost and return studies for a variety of crops. Goodrich highlights some of the key findings of the studies performed last year, and what it means to growers, lenders, regulators and others. 

“ Total costs per pound: those increased by anywhere from 47% to 53% between 2019 and 2024.” - Brittney Goodrich, Ph.D.

In today’s episode: 

• Meet Brittney Goodrich, assistant professor in the department of agricultural and consumer economics at the University of Illinois, Urbana-Champaign
• Understand the significance of cost and return studies to almond growers, lenders, regulators, policy makers, insurance providers and others.
• Reflect on the key findings of the most recent cost and return studies
• Consider the changes in the farm economics of almonds over the past five years since the last studies were conducted

The Almond Journey Podcast is brought to you by the Almond Board of California. This show explores how growers, handlers, and other stakeholders are making things work in their operations to drive the almond industry forward. Host Tim Hammerich visits with leaders throughout the Central Valley of California and beyond who are finding innovative ways to improve their operations, connect with their communities, and advance the almond industry.

ABC recognizes the diverse makeup of the California almond industry and values contributions offered by its growers, handlers, and allied industry members. However, the opinions, services and products discussed in existing and future podcast episodes are by no means an endorsement or recommendation from ABC. The Almond Journey podcast is not an appropriate venue to express opinions on national, state, local or industry politics. As a Federal Marketing Order, the Almond Board of California is prohibited from lobbying or advocating on legislative issues, as well as setting field and market prices.