Market Updates

Bountiful Market Updated: October 2024 Position Report

Written by Megan Nunes | Nov 12, 2024 6:28:30 PM

Bountiful Market is updated with new data from the October 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 


📈 Almond Crop Receipts down over 2023 

October's position report marks the third month of the 2024/2025 marketing year. Crop receipts to date: 1,845,321,927 lbs up +38.30% over last year. 

Monthly new crop receipts: 

The monthly new crop received per ABC form 1 reporting

  • October: 810,284,536 lbs up +8.77% over September
  • September: 744,942,288 lbs 


📊 TMS, Shipments & Commitments

October's new crop receipts bring the 2024 Total Marketable Supply to 2,311,065,689 lbsup +9.64% over last year. 

2024/2025 % TMS shipped to date: 27.71% down -4.42% over last year

2024/2025 % Sold to date: 56.86% down -7.41% over last year


🚢 2024 Shipments 

October's total shipments: 258,440,966 lbs, up +4.46% from October last year and up +21.01% from September's shipments, 213,562,607 lbs

2024/2025 total shipments to date: 640,286,280 lbs down -5.43% over last year

 

🔮 Future Demand 

Total new sales for October: 264,737,468 lbsup +5.58% over October 2023 new sales of 250,746,958 lbs.


📊 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. 

 

📈 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.