Spain is the second largest almond producer in the world. There are tariffs or farmers, farmers are already in trouble

The world has entered an impasses. Except for the particular battle between the US and Chinathe rest of the planet is entering a period of calm and uncertainty that will last approximately three months in response to the sui generis Peace flag that Trump raised a few hours ago.

Today von der Leyen has announced that the EU also pause the tariffs for 90 days to give “a chance to negotiations.”

The problem is that this truce is far from being a return to “normality” and dozens of sectors They are preparing For what can happen. With the enormous problems that can generate: we talk about almond

How did the European response work to Trump’s challenge? But, before that, let’s do some memory. On Tuesday, April 8, the European Commission presented its plan to impose tariffs on more than 1,500 US products. Once approved by the 27 Member States, the plan consists of three phases.

In the first two (between April 15 and May 16), almost all of those tariffs would come into force. But there were certain products (such as soybeans and almonds) that They would not be affected until September 1.

That is why almond is a key product to understand what happens. Or, being more specific, to see the distortions than the simple possibility that tariffs end up entering into force. Because as soon as the Plan’s phases the Coordinator of Agricultural and Livestock Organizations Coordinator He came up denouncing The “the great distortion that the national almond market will experience by postponing tariffs.”

Do not forget that Spain is The second world producer of almond. The first, with much difference, is the United States. In the case at hand, the delay of the tariffs “will encourage importers to advance their purchases of Californian almond, causing a sense of excess supply in the domestic market, which will serve as a crop broth for speculation and to press down the prices that our producers perceive.”

It will be necessary to see how the campaign of this rainy year evolves, but the problems of almond producers have been the same as those of the olive. That means that if the price collapses, many drying farms will have a really bad time. The tariff delay is, as the COAG defined it“a perfect trap.”

90 days to prepare for the worst. And that means what happens with the almond can happen with many other products. In recent weeks we have seen, for example, the Wine Importers Alliance in the United States (USWTA) recommended “Sorted to US companies that suspend all the shipments of wine, liquors and beer from the EU. “That has happened with many other products: the ‘cancellations’ They have been constant.

And this 90 -day truce is the perfect excuse to collect generating distortions in the normal functioning of raw material markets that, without a doubt, will give us some scares.

Image | TIM MOSSHOLDER | Michael

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