# Bountiful Market Updated: April 2024 Position Report

By [Megan Nunes](https://blog.bountiful.ag/author/megan-nunes) ·

1 minute read

[Bountiful Market](https://app.bountiful.ag/market?utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-8PRRz3tq1KjMn_JRldh4XFE0mAwGkAQlsf5S2aTEmLtJPnTZ1PfEzShRImde2FkCrmKE5f) is updated with new data from the [April 2024 Almond Board of California position report.](https://www.almonds.com/sites/default/files/2024-05/2024.04_PosRpt_0026.pdf)

On the [Bountiful platform](http://app.bountiful.ag/) for your:

- Monthly Shipments
- Carry-out trends
- Crop Receipts by Variety
- Total Marketable Supply, Shipments vs Commitments

* * *

### 📈 Almond Crop Receipts Down Over 2022

April's position report marks the ninth month of the 2023/2024 marketing year. Crop receipts to date: 2,439,215,355 lbs down -4.85% over last year.

Monthly new crop receipts:

The monthly new crop received per ABC form 1 reporting

- **April: 1,897,891 lbs** down -93.20% over March
- **March: 27,892,910 lbs**

### 📊 TMS, Shipments & Commitments

April's new crop receipts bring the Total Marketable Supply to 3,190,723,385 lbs, down -4.73%  over last year.

2023/2024 % TMS shipped to date: 65.20% up +7.53% over last month up +5.61% over last year.

2023/2024 % Sold to date: 82.52% up +6.81% over last month and up +6.07% over last year.

### 🚢 2023 Shipments

April's shipments:  241,481,637 lbs up +1.87% over last month and up +22.42% over last year.

2023/2024 total shipments to date: 2,080,325,576 lbs up +4.24% over last year.

### 🔮 Future Demand

Total new sales for April: 218,625,283 lbs up +20.34% over last month and up +90.63% over last year.

### 📈 Crop Receipt Projections

Following the December position report we run a forward projection on ABC form 1 crop receipts to get an idea of the total size of the crop.

The methodology we use for our crop receipt projections is different from our [in-season machine learning forecasts](https://medium.com/@BountifulAg/forget-everything-you-know-about-forecasting-81b28ca05d2d?utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz--ysKh1A6_W5GpKtM9OylXtLllLCWgEJUXOCKBgvELZ2L-XVT2GjTBY4X4vxMuD6tsRnEOE). Our 2023 in-season forecasts are complete and have not been updated since we released a final forecast in July.

For our crop receipt projection, we only use ABC form 1 crop receipt data for current and historical years. The model we use looks for a pattern in how crop receipts are coming in month over month.

As of April ABC form 1 crop receipts, final crop receipts are projected to be 2.44 - 2.45 B lbs. You can reference this in the image below 2023/2024 marketing year is in light blue.

### **📊 Bountiful's 2023 forecasts**

Following the August position report, we publicly share all forecasts released on the [Bountiful platform](https://app.bountiful.ag/login?utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-8PRRz3tq1KjMn_JRldh4XFE0mAwGkAQlsf5S2aTEmLtJPnTZ1PfEzShRImde2FkCrmKE5f), to our Premium, Farm, and Industry Subscribers, throughout the 2023 crop year.
