Bountiful Market Updated: October 2024 Position Report

Bountiful Market Updated: October 2024 Position Report

By Megan Nunes

1 minute read

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

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📈 Almond Crop Receipts down over 2023

October's position report marks the third month of the 2024/2025 marketing year. Crop receipts to date: 1,845,321,927 lbs up +38.30% over last year.

Monthly new crop receipts:

The monthly new crop received per ABC form 1 reporting

📊 TMS, Shipments & Commitments

October's new crop receipts bring the 2024 Total Marketable Supply to 2,311,065,689 lbs, up +9.64% over last year.

2024/2025 % TMS shipped to date: 27.71% down -4.42% over last year

2024/2025 % Sold to date: 56.86% down -7.41% over last year

🚢 2024 Shipments

October's total shipments: 258,440,966 lbs, up +4.46% from October last year and up +21.01% from September's shipments, 213,562,607 lbs.

2024/2025 total shipments to date: 640,286,280 lbs down -5.43% over last year

🔮 Future Demand

Total new sales for October: 264,737,468 lbs, up +5.58% over October 2023 new sales of 250,746,958 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.

📈 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.