Bountiful Market Updated: October 2023 Position Report
Bountiful Market is updated with new data from the October 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
October's position report marks the third month of the 2023/2024 marketing year. Crop receipts to date: 1,334,260,550 lbs down -19.47% over last year.
Monthly new crop receipts:
The monthly new crop received per ABC form 1 reporting
- October: 708,863,861 lbs up +27.66% over September
- September: 555,265,812 lbs
📊 TMS, Shipments & Commitments
October's new crop receipts bring the 2023 Total Marketable Supply to 2,107,867,676 lbs, down -14.34% over last year.
2023/2024 % TMS shipped to date: 32.12% up +1.71% over last month up +6.47% over last year
2023/2024 % Sold to date: 64.26% down -13.85% over last month and up +10.37% over last year
🚢 2023 Shipments
October's total shipments: 247,395,472 lbs up +13.66% over last month and up +15.28% over last year.
2023/2024 total shipments to date: 677,074,435 lbs up +7.25% over last year
🔮 Future Demand
Total new sales for October: 250,746,958 lbs down -7.09% over last month and up +2.99% 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 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 Update to access our Crop Receipt Projections.