2023 Week - 50

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QUICKLINKS

AVOCADO OVERVIEW

SUPPLY UPDATE

In a nutshell the national production figures for last week were as follows: 

·       Week 49, 2023 - The industry saw a 18.74% increase on the previous week’s harvest with a total of 574,520 tray equivalents harvested and transported (approx 107,000 more tray equivalents) on Week 48, 2023 production. Hass variety supplying 550,472 tray equivalents harvested in addition to 24,048 trays of assorted other varieties also in this week’s reported total figures. It is important to note that there were almost 104,000 tray equivalents of this total production that were exported and 120,000 tray equivalents that were despatched as bulks (smaller sizes/class one or seconds) which leaves a total of some 350,000 trays for the domestic market.

Despite a slight uplift in trays available on the domestic market there has not been a great deal of change in terms of pricing being touted within the markets on the eastern seaboard, still seeing main sales of $18-$22 for premium trays, larger sizing up to $24/tray on exceptional quality; class one fruit $12-$15 per tray and with the range of bulks available, anything from $5-$20/carton.

Western Australia continues to lead production with 86.53% of the total volume this week, then Tristate 6.31%, NZ 4.42% and Central NSW with 2.73%. It is worth noting here that the significant rain event in far north Queensland associated with Ex-Cyclone Jasper has potential ramifications on the 2024 North Queensland avocado crop. There is a strong possibility of significant flooding in low lying areas, trees that are sitting in water for too long may die - we will of course continue to monitor this and report again next week.

·       It is forecast that a total of 522K hass tray equivalents will be despatched this week (Week 50) nationally. Hass harvest figures forecast for the next two weeks thereafter are expected to range between 470K and 530K tray equivalents per week.

In terms of Avocado retail pricing in Qld shelf prices were as follows - Aldi Qld Hass at $1.19ea ;  Coles Qld had Hass ticketed at $1.20ea, and Woolworths had Hass selling at $1.30ea.

For this week’s sales pricing please see the info below….



RETAIL SNAPSHOTS OF AVOCADOS

Below: Coles Displays from Coorparoo, Loganholme and Indooroopilly

  • Coles stores had multiple suppliers of Hass Avocados in sizes 23/25 at $1.30ea.

  • 1kg I’m Perfect at $4.50ea and 5 piece packs at $4.50ea.

  • Organic at $3.90ea.

 

Below: Aldi Displays from Coorparoo, Loganholme and Indooroopilly

  • Hass @ $1.19ea all Ct23/25.

  • 1kg Avocado nets at $3.49ea.

  • 5 piece packs priced at $3.99ea.

 

Below: Woolworths Displays from Coorparoo, Loganholme and Indooroopilly

  • Stores stocked Count 23/25 Hass, priced at $1.20-1.30ea. A festive feel starting in some departments of stores frequented.

  • Prepacks ranged from $4.50-5.00ea.

 

BANANA OVERVIEW

SUPPLY UPDATE


The national harvest figures for last week have not been released as yet but with the threat and arrival of Tropical Cyclone Jasper. Prior to the Cyclone making land fall just north of Cairns there were quite a number of growers based in Tully; Innisfail and Mareeba all working overtime to ensure any banana bunches that were ready for harvest were cut and packed in case of the worst scenario, so the market is expected to be heavier in terms of supply next week or two. Over the last week in the far north, early A.M. temperatures have ranged 18.4 - 24.3 C across all major growing regions and day time temperatures have remained warmer ranging 27.2 - 35.8 C. Slightly less rainfall across Mareeba and Walkamin receiving 8.6 - 13.4mm; and falls across Innisfail and Tully with more, 68.8 - 85.2mm. Significant rain is expected to continue for the remainder of this week with flooding a potential.

Bom update Thursday a.m.: Ex-Tropical Cyclone Jasper has weakened overnight after it crossed the coast at Wujal Wujal, north of Cairns, on Wednesday. Cyclone warnings have been revoked with the system no longer of tropical cyclone intensity. Strong winds were felt across the Cairns region, with recorded gusts of up to 120 kilometres per hour. The main concern now is the amount of rain associated with the tropical low.

Retail ticket pricing in Queensland on cavendish bananas was as follows: Aldi’s banana ticket price at $3.99/kg; Woolies offered fruit at a ticket price of $4.00-4.90/kg; and Coles were offering fruit at $4.00/kg. Banana quality in stores varied with findings of some minor bruising; light scarring and splitting peel noted within most supermarket displays.















RETAIL SNAPSHOT OF BANANAS

Below: Coles Coorparoo, Loganholme and Indooroopilly

  • Cavendish were priced at $4.00-4.50/kg and Kids packs were at $4.00-4.50ea.

  • Lady Fingers were priced at $7.90/kg, Red Tips at $4.50/kg. Organic at $6.00ea.

 

Below: Aldi Coorparoo, Loganholme and Indooroopilly

Stores had Cavendish @ $3.99/kg. Multiple stores had green fruit this week, but good bloom otherwise.

  • Lady Fingers priced at $4.99 - 5.99/kg.

 

Below: Woolworths Coorparoo, Loganholme and Indooroopilly

  • Woolworths had Cavendish bananas priced at $4.00-4.90/kg, Lil Sana kids banded clusters at $3.50.

  • Lady fingers were priced at $6.00/kg, Red tips were priced at $5.50/kg and Organic Clusters at $6.00/kg.