Bountiful Market Updated: October 2023 Position Report
Bountiful Market Updated: October 2023 Position Report
By Megan Nunes · 1 minute read
Bountiful Market is updated with new data from the October 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
October's position report marks the third month of the 2023/2024 marketing year. Crop receipts to date: 1,334,260,550 lbs down -19.47% over last year.
Monthly new crop receipts:
The monthly new crop received per ABC form 1 reporting
- October: 708,863,861 lbs up +27.66% over September
- September: 555,265,812 lbs
📊 TMS, Shipments & Commitments
October's new crop receipts bring the 2023 Total Marketable Supply to 2,107,867,676 lbs, down -14.34% over last year.
2023/2024 % TMS shipped to date: 32.12% up +1.71% over last month up +6.47% over last year
2023/2024 % Sold to date: 64.26% down -13.85% over last month and up +10.37% over last year
🚢 2023 Shipments
October's total shipments: 247,395,472 lbs up +13.66% over last month and up +15.28% over last year.
2023/2024 total shipments to date: 677,074,435 lbs up +7.25% over last year
🔮 Future Demand
Total new sales for October: 250,746,958 lbs down -7.09% over last month and up +2.99% over last year.
📊 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.
📈 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.