## Bountiful Market Updated: August 2023 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 [August 2023 Almond Board of California position report.](https://www.almonds.com/sites/default/files/2023-09/2023.08_PosRpt0166.pdf?utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz--8seJBy_Ew6zmKIhSAEHHZQJBwQL-jm9peyWbBVYpXgQ5tE-gbXJUqdQ61MLZyxhpG6IGE)

### 📈 Almond Crop Receipts down over 2022

August's position report marks the start of the 2023/2024 marketing year. Crop receipts to date: 70,130,877 lbs down -73.46% over last year.

### 🚢 2023 Shipments

August's total shipments: 212,012,536 lbs down -7.14% over August last year.

### ⚖️ Carry-Out

Final 2022 Carry-Out is 800,292,337 lbs up +1.06% from the estimated Carry-Out per July 2023 position report.

- 23.78% Carry-Out as a % of Total Marketable Supply (TMS) and
- 31.21% Carry-Out as a % of Total Shipments.

*Note, ABC finalized Loss & Exempt for 2022, actual L&E of 1.67% versus the 2% forecasted L&E figure resulting in a positive adjustment of 8,397,579 pounds on Carry-Out.*

### 📊 Total Marketable Supply

August New Crop and Carry-In from 2022 bring the 2023 beginning Total Marketable Supply to 869,020,596 lbs, down -20.69% over last year.

### **📊 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.

[Subscribe to Almond Weekly Update](https://share.hsforms.com/1mu9cKS6qT4ivSsN0igfKeA4fy5s?utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz--DlgJZCzYz-z49sphGKFJ8n7ubHHqCiAp_hGhX9qf5RAbgNyYr2ExTF_Yul1grCA7irTRt) 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](https://medium.com/@BountifulAg/forget-everything-you-know-about-forecasting-81b28ca05d2d?utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-8PRRz3tq1KjMn_JRldh4XFE0mAwGkAQlsf5S2aTEmLtJPnTZ1PfEzShRImde2FkCrmKE5f). 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 Weekly Update](https://share.hsforms.com/1mu9cKS6qT4ivSsN0igfKeA4fy5s?utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz--DlgJZCzYz-z49sphGKFJ8n7ubHHqCiAp_hGhX9qf5RAbgNyYr2ExTF_Yul1grCA7irTRt) to access our Crop Receipt Projections.