Market Updates

Bountiful Market Updated: September 2023 Position Report

Written by Megan Nunes | Oct 12, 2023 7:00:00 PM

Bountiful Market is updated with new data from the September 2023 Almond Board September 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 


📈 Almond Crop Receipts down over 2022 

September's position report marks the second month of the 2023/2024 marketing year. Crop receipts to date: 625,396,689 lbs down -36.09% over last year. 

Monthly new crop receipts: 

The monthly new crop received per ABC form 1 reporting

  • September: 555,265,812 lbs up +691.76% over August
  • August: 70,130,877 lbs

 

📊 TMS, Shipments & Commitments

September's new crop receipts bring the 2023 Total Marketable Supply to 1,413,181,092 lbsdown -21.30% over last year.

2023/2024 % TMS shipped to date: 30.41% up +3.12% over last year

2023/2024 % Sold to date: 78.11% up +17.82% over last year

 

🚢 2023 Shipments 

September's total shipments: 217,666,427 lbs up +15.54% over September last year and up +2.67% over last month's August shipments: 212,012,536 lbs. 

2023/2024 total shipments to date: 429,678,963 lbs up +3.12% over last year

 

🔮 Future Demand 

Total new sales for September: 269,893,300 lbs, up +12.37% over September 2022 new sales of 240,180,289 lbs.

 

📊 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.