Skip to content
All posts

Bountiful Market Updated: August 2024 Position Report

Bountiful Market is updated with new data from the August 2024 Almond Board of California position report.

Log in to Market on the Bountiful platform for your:

  • Monthly Shipments
  • Carry-out trends
  • Crop Receipts by Variety
  • Total Marketable Supply, Shipments vs Commitments 



๐Ÿ“ˆ Almond Crop Receipts down over 2023 

August's position report marks the start of the 2024/2025 marketing year. Crop receipts to date: 290,095,103 lbs up +313.65% over last year. 

 

๐Ÿšข 2024 Shipments 

August's total shipments: 168,282,707 lbs down -20.63% over August last year. 

Screenshot 2024-09-12 at 1.10.37 PM

 

โš–๏ธ Carry-Out

The final 2023 Carry-Out is 502,650,201 Lbs down -0.55%, from the estimated Carry-Out per July 2024 position report 

  • 15.73% Carry-Out as a % of Total Marketable Supply (TMS) and
  • 19.60% Carry-Out as a % of Total Shipments. 

*Note, ABC finalized Loss & Exempt for 2023, actual L&E of 2.11% versus the 2% forecasted L&E figure resulting in a negative adjustment of 2,783,380 pounds on Carry-Out. 

Screenshot 2024-09-12 at 1.27.08 PM

๐Ÿ“Š Total Marketable Supply

August New Crop and Carry-In from 2023 bring the 2024 beginning Total Marketable Supply to 786,943,402 lbsdown -9.44% over last year. 

Screenshot 2024-09-12 at 1.09.55 PM

 

๐Ÿ“Š Bountiful's 2024 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 2024 crop year.

Subscribe to Almond Weekly Update for our 2024 acreage, yield, and production forecasts. 

 

๐Ÿ“ˆ 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 2024 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.