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Bountiful Market Updated: November 2023 Position Report

Bountiful Market is updated with new data from the November 2023 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 2022 

November's position report marks the fourth month of the 2023/2024 marketing year. Crop receipts to date: 1,867,169,407 lbs down -13.16% over last year. 

 

The monthly new crop received per ABC form 1 reporting

  • November: 532,908,857 lbs down -24.82% over October
  • October: 708,863,861 lbs 

 

๐Ÿ“Š TMS, Shipments & Commitments

November's new crop receipts bring the 2023 Total Marketable Supply to  2,630,118,356 lbs down -10.66% over last year. 

2023/2024 % TMS shipped to date: 34.80% up +2.68% over last month up +6.42% over last year

2023/2024 % Sold to date: 59.42% down -4.84% over last month and up +7.56% over last year

Screenshot 2023-12-12 at 9.55.04 AM

 

๐Ÿšข 2023 Shipments 

November's total shipments: 238,278,058 lbs down -3.69% over last month and up +16.63% over last year.

2023/2024 total shipments to date: 915,352,493 lbs up +9.55% over last year

Screenshot 2023-12-12 at 9.57.02 AM

 

๐Ÿ”ฎ Future Demand 

Total new sales for November: 208,221,633 down -16.96% over last month and up +3.79% over last year. 

 

๐Ÿ“Š 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 Update for our 2023 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 2023 in-season forecasts are complete and have not been updated since we released a final forecast in July. 

Subscribe to Bountiful's Almond Update to access our Crop Receipt Projections.