--- title: "Bountiful Market Updated: May 2024 Position Report" description: Bountiful platform updated with Almond Board of California May 2024 position report data. image: https://blog.bountiful.ag/hubfs/Screenshot%202024-06-11%20at%205.50.46%20PM.png --- [Skip to content](https://blog.bountiful.ag/bountiful-market-updated-may-2024-position-report#main-content) [![Bountiful Logo-1](https://blog.bountiful.ag/hs-fs/hubfs/Bountiful%20Logo-1.png?width=250&height=85&name=Bountiful%20Logo-1.png)](https://bountiful.ag/) Open main navigation Close main navigation - [Login to Bountiful](https://app.bountiful.ag/login) [Login to Bountiful](https://app.bountiful.ag/login) [All posts](https://blog.bountiful.ag/all) June 12, 2024 # Bountiful Market Updated: May 2024 Position Report ![Picture of Megan Nunes](https://app.hubspot.com/settings/avatar/a7ed9b72e26c73cb7c02547eeb9a172e) By  [Megan Nunes](https://blog.bountiful.ag/author/megan-nunes)  ·  1 minute read [Bountiful Market](https://app.bountiful.ag/market?utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-8PRRz3tq1KjMn_JRldh4XFE0mAwGkAQlsf5S2aTEmLtJPnTZ1PfEzShRImde2FkCrmKE5f)is updated with new data from the [May 2024 Almond Board of California position report. ](https://www.almonds.com/sites/default/files/2024-06/2024.05_PosRpt_7603.pdf?utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-8krzG3j5in1W7K_83uiNjD2npW3qIbHR33H_mLwSsrmYvj_vr_-wXcdvOwE7n8nLUd98pF) [Log in to Market](https://app.bountiful.ag/market?utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-8PRRz3tq1KjMn_JRldh4XFE0mAwGkAQlsf5S2aTEmLtJPnTZ1PfEzShRImde2FkCrmKE5f) on the [Bountiful platform](http://app.bountiful.ag) for your: - Monthly Shipments - Carry-out trends - Crop Receipts by Variety - Total Marketable Supply, Shipments vs Commitments  --- ### 📈 Almond Crop Receipts Down Over 2022  May's position report marks the tenth month of the 2023/2024 marketing year. Crop receipts to date: 2,439,655,158 lbs down -4.93% over last year.  Monthly new crop receipts:  The monthly new crop received per ABC form 1 reporting - **May: 439,803 lbs **down -76.83% over April - **April: 1,897,891 lbs **   ### 📊 TMS, Shipments & Commitments May's new crop receipts bring the 2023 Total Marketable Supply to 3,191,154,392 lbs, down -4.79% over last year.  2023/2024 % TMS shipped to date: 72.27% up +7.07% over last month up +6.89% over last year. 2023/2024 % Sold to date: 86.71% up +4.19% over last month and up +6.93% over last year. ![Screenshot 2024-06-11 at 5.50.46 PM](https://blog.bountiful.ag/hs-fs/hubfs/Screenshot%202024-06-11%20at%205.50.46%20PM.png?width=1386&height=1060&name=Screenshot%202024-06-11%20at%205.50.46%20PM.png)     ### 🚢 2023 Shipments  May's shipments: 226,056,503 lbs down -6.39% over last month and up +15.53% over last year. 2023/2024 total shipments to date: 2,306,382,079 lbs up +5.25% over last year. ![Screenshot 2024-06-11 at 5.51.00 PM](https://blog.bountiful.ag/hs-fs/hubfs/Screenshot%202024-06-11%20at%205.51.00%20PM.png?width=1378&height=1044&name=Screenshot%202024-06-11%20at%205.51.00%20PM.png) ### 🔮 Future Demand  Total new sales for May: 134,193,093 lbs down -38.62% over last month and up +17.74% over last year.   ### 📈 Crop Receipt Projections Following the December position report we run a forward projection on ABC form 1 crop receipts to get an idea of the total size of the crop.  The methodology we use for our crop receipt projections is different from our [in-season machine learning forecasts](https://medium.com/@BountifulAg/forget-everything-you-know-about-forecasting-81b28ca05d2d?utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz--ysKh1A6_W5GpKtM9OylXtLllLCWgEJUXOCKBgvELZ2L-XVT2GjTBY4X4vxMuD6tsRnEOE). Our 2023 in-season forecasts are complete and have not been updated since we released a final forecast in July.  For our crop receipt projection, we only use ABC form 1 crop receipt data for current and historical years. The model we use looks for a pattern in how crop receipts are coming in month over month. As of May ABC form 1 crop receipts, final crop receipts are projected to be 2.440 - 2.444 B lbs. You can reference this in the image below 2023/2024 marketing year is in light blue. ![Screen Shot 2024-06-11 at 6.00.44 PM](https://blog.bountiful.ag/hs-fs/hubfs/Screen%20Shot%202024-06-11%20at%206.00.44%20PM.png?width=1914&height=1312&name=Screen%20Shot%202024-06-11%20at%206.00.44%20PM.png)   ### **📊 Bountiful's 2023 forecasts** Following the August position report, we publicly share all forecasts released on the [Bountiful platform](https://app.bountiful.ag/login?utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-8PRRz3tq1KjMn_JRldh4XFE0mAwGkAQlsf5S2aTEmLtJPnTZ1PfEzShRImde2FkCrmKE5f), to our Premium, Farm, and Industry Subscribers, throughout the 2023 crop year. [Subscribe to Almond Update](https://share.hsforms.com/1mu9cKS6qT4ivSsN0igfKeA4fy5s?utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz--DlgJZCzYz-z49sphGKFJ8n7ubHHqCiAp_hGhX9qf5RAbgNyYr2ExTF_Yul1grCA7irTRt) for our 2023 acreage, yield, and production forecasts.    [![Take me to Bountiful Market](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/7462576/interactive-134843668117.png)](https://blog.bountiful.ag/hs/cta/wi/redirect?encryptedPayload=AVxigLJZxAs3pqX7xz0UmlkURbb%2BDaZvzTKNvzOlLIOz6VCShUTQxT6ds81Wcqisw%2FDgWaQZAMAPDxbLM6NuJ9K%2Fex3EOM2PQyd%2B57WWtuVcgfmVmQSZcUo1M8eO0CkUGfwd7GeQ3hmwtBvPmCAWESzoEatoFlHuuqXDBvnMCi2A6oSBBTU%3D&webInteractiveContentId=134843668117&portalId=7462576)   Share: [facebook-f icon](http://www.facebook.com/share.php?u=https://blog.bountiful.ag/bountiful-market-updated-may-2024-position-report) [linkedin-in icon](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.bountiful.ag/bountiful-market-updated-may-2024-position-report) [twitter icon](https://twitter.com/intent/tweet?url=https://blog.bountiful.ag/bountiful-market-updated-may-2024-position-report) [envelope icon](mailto:?body=https://blog.bountiful.ag/bountiful-market-updated-may-2024-position-report) ## Related posts [![Bountiful Platform Screenshot: TMS, Shipments and Commitments](https://blog.bountiful.ag/hubfs/Screenshot%202024-04-11%20at%209.56.14%20AM.png)](https://blog.bountiful.ag/bountiful-market-updated-march-2024-position-report) [Almonds](https://blog.bountiful.ag/tag/almonds) ### [Bountiful Market Updated: March 2024 Position Report](https://blog.bountiful.ag/bountiful-market-updated-march-2024-position-report) [![Bountiful Platform, Monthly Shipment screenshot, August 2023](https://blog.bountiful.ag/hubfs/Screenshot%202023-09-12%20at%2010.54.28%20AM.png)](https://blog.bountiful.ag/bountiful-market-updated-august-2023-position-report) [Almonds](https://blog.bountiful.ag/tag/almonds) ### [Bountiful Market Updated: August 2023 Position Report](https://blog.bountiful.ag/bountiful-market-updated-august-2023-position-report) [![Bountiful Platform Screenshot: TMS, Shipments, and Commitments](https://blog.bountiful.ag/hubfs/Screenshot%202023-10-12%20at%2011.20.40%20AM.png)](https://blog.bountiful.ag/bountiful-market-updated-september-2023-position-report) [Almonds](https://blog.bountiful.ag/tag/almonds) ### [Bountiful Market Updated: September 2023 Position Report](https://blog.bountiful.ag/bountiful-market-updated-september-2023-position-report) [![Bountiful logo](https://blog.bountiful.ag/hs-fs/hubfs/Bountiful_Logo_Color_Release-2.png?width=244&height=256&name=Bountiful_Logo_Color_Release-2.png "Bountiful logo")](https://bountiful.ag/) Farm, market, and buy smarter with Bountiful. 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