US-based Blue Diamond Growers, a non-profit grower-owned cooperative and a global processor and marketer of almonds says it applauds the recent deal reached by the United States, Canada and Mexico to remove the Section 232 tariffs from the United States-Mexico-Canada Agreement (USMCA) and urges its timely passage.
With the current projected almond crop at 2.5 billion pounds, the USMCA allows for additional opportunities of growth and expansion into these markets, Blue Diamond said. However, failure to approve the agreement would have significant implications on the almond business within the region, it added.
Blue Diamond has over 3,000 growers across California. The group markets and sells a wide range of almond-based snacks, beverages, and ingredients, including Blue Diamond Snack Almonds, Nut-Thins crackers, almond flour, and Almond Breeze, a popular almond milk brand.
Mexico and Canada are key markets for the industry with exports valued at US$256 million Blue Diamond revealed. The cooperative recently entered into a new business partnership in Mexico and continues to export heavily into Canada.
The USMCA represents a renewal of the decades-long partnership between the three countries and is critical to the prosperity and economic stability of every almond grower within the country, Blue Diamond concluded.
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