Bountiful Market Updated: August 2024 Position Report

By Megan Nunes · 1 minute read

Bountiful Market is updated with new data from the August 2024 Almond Board of California position report.

Monthly Shipment Details

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

📈 Almond Crop Receipts down over 2023

August's position report marks the start of the 2024/2025 marketing year. Crop receipts to date: 290,095,103 lbs, up +313.65% over last year.

🚢 2024 Shipments

August's total shipments: 168,282,707 lbs, down -20.63% over August last year.

⚖️ Carry-Out

The final 2023 Carry-Out is 502,650,201 lbs, down -0.55%, from the estimated Carry-Out per July 2024 position report

15.73% Carry-Out as a % of Total Marketable Supply (TMS)
19.60% Carry-Out as a % of Total Shipments.

Note, ABC finalized Loss & Exempt for 2023, actual L&E of 2.11% versus the 2% forecasted L&E figure resulting in a negative adjustment of 2,783,380 pounds on Carry-Out.

📊 Total Marketable Supply

August New Crop and Carry-In from 2023 bring the 2024 beginning Total Marketable Supply to 786,943,402 lbs, down -9.44% over last year.

📊 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.

📈 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.