Almond Prices Surge as Sales Boom Collides With Drought
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The almond is having its moment.
Though criticized for being a water-thirsty crop grown mostly in California, almonds are more popular than ever. And spreads made from the tree nut are increasingly supplanting peanut butter in U.S. lunch boxes and pantries. Americans are eating about 2 pounds of almonds per person annually, double the amount they consumed just seven years ago.