Market Updates

Bountiful Market Updated: September 2024 Position Report

Written by Megan Nunes | Oct 11, 2024 8:18:10 PM

Bountiful Market is updated with new data from the September 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 

September's position report marks the second month of the 2024/2025 marketing year. Crop receipts to date: 1,035,037,391 lbs up +65.50% over last year. 

Monthly new crop receipts: 

The monthly new crop received per ABC form 1 reporting

  • September: 744,942,288 lbs up +156.79% over August
  • August: 290,095,103 lbs


📊 TMS, Shipments & Commitments

September's new crop receipts bring the 2024 Total Marketable Supply to 1,516,986,844 lbsup +7.35% over last year. 

2023/2024 % TMS shipped to date: 25.17% down -5.23% over last year

2023/2024 % Sold to date: 69.17% down -8.94% over last year


🚢 2024 Shipments 

September's total shipments: 213,562,607 lbs down -1.89% over September last year and up +26.91% over August shipments: 168,282,707 lbs. 

2023/2024 total shipments to date: 381,845,314 lbs down -11.13% over last year

📈 Bountiful Forecast Performance for September Shipments

Earlier this week we released our first shipment forecasts, exclusive to our Premium Subscribers. Below we're sharing each forecast and performance against actuals from the September Position Report. 

Bountiful's September Shipment Forecast & Performance

🚢 Exports: 154,019,644 lbs, -2.29%

🗽 Domestic: 60,570,069 lbs, 8.28%

📈 Total: 214,569,644 lbs, 0.48%

 

🔮 Future Demand 

Total new sales for September: 273,377,145 lbs, up +1.29% over September 2022 new sales of 269,893,300 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.