Bountiful Market Updated: August 2023 Position Report
Bountiful Market is updated with new data from the August 2023 Almond Board of California position report.
- Monthly Shipments
- Carry-out trends
- Crop Receipts by Variety
- Total Marketable Supply, Shipments vs Commitments
📈 Almond Crop Receipts down over 2022
August's position report marks the start of the 2023/2024 marketing year. Crop receipts to date: 70,130,877 lbs down -73.46% over last year.
🚢 2023 Shipments
August's total shipments: 212,012,536 lbs down -7.14% over August last year.
Final 2022 Carry-Out is 800,292,337 lbs up +1.06%, from the estimated Carry-Out per July 2023 position report
- 23.78% Carry-Out as a % of Total Marketable Supply (TMS) and
- 31.21% Carry-Out as a % of Total Shipments.
*Note, ABC finalized Loss & Exempt for 2022, actual L&E of 1.67% versus the 2% forecasted L&E figure resulting in a positive adjustment of 8,397,579 pounds on Carry-Out.
📊 Total Marketable Supply
August New Crop and Carry-In from 2022 bring the 2023 beginning Total Marketable Supply to 869,020,596 lbs, down -20.69% over last year.
📊 Bountiful's 2023 forecasts
Following the August position report, we publicly share all forecasts released on the Bountiful platform, to our Premium, Farm and Industry, Subscribers, throughout the 2023 crop year.
Subscribe to Almond Weekly Update for our 2023 acreage, yield, and production forecasts.
📈 Crop Receipt Projections
Following the December position report we run a forward projection on ABC form 1 crop receipts every month to get an idea of the total size of the crop.
The methodology we use for our crop receipt projections differs from our in-season machine learning forecasts. Our 2023 in-season forecasts are complete and have not been updated since we released a final forecast in July.
Subscribe to Bountiful's Almond Weekly Update to access our Crop Receipt Projections.