Select Harvests said with 95 per cent of its crop processed, it was predicting a volume of 22,200 to 22,500 tonnes, better than the 20,750 tonnes previously forecast, and up from 15,700 tonnes last year.

Frost fans, high-performance horticultural programs and new sorting technology at the company's Carina West plant in Sunraysia, Victoria, have helped performance.

Select Harvests managing director Paul Thompson said on Wednesday the company had improved productivity, yield and the good kernel to waste ratio, while reducing reduced its cost per kilogram.

Australia is the world's No.2 almond exporter, behind the USA, and Select Harvests said that demand China - a relatively new market for Australian almonds - had grown significantly.

The company predicted it would realise a sale price for its almonds of between $8.60 to $8.70 a kilogram, towards the higher end of previous guidance.

The company's orchards in northwest Victoria, southern NSW and South Australia are currently in bloom and bees will be in place for the next few weeks, Select Harvests said.

Select Harvests shares were up 8.9 per cent to a three and a half year high of $7.73 at 1458 AEST, having gained 26.7 per cent this year.