Bountiful Market is updated with new data from the August 2024 Almond Board of California position report.
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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.
August's total shipments: 168,282,707 lbs down -20.63% over August last year.
The final 2023 Carry-Out is 502,650,201 Lbs down -0.55%, from the estimated Carry-Out per July 2024 position report
*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.
August New Crop and Carry-In from 2023 bring the 2024 beginning Total Marketable Supply to 786,943,402 lbs, down -9.44% over last year.
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.
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.