QUICKLINKS

AVOCADO OVERVIEW

🥑SUPPLY UPDATE

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

· Week 32, 2024 - The industry saw a 3.14% decrease on the previous week’s harvest with a total of 420,963 tray equivalents harvested and transported (approx 14,000 less tray equivalents) on Week 31, 2024 production. Whilst this overall production sounds reasonable, it is reflective of stage we are at in relation to NQ and Central Qld with seasons coming to an end and as such there is a lot of farm tidy up occurring hence an increase in the bulks/processing account for 29% of this production (122K tray equivalents) and a reducing export figure of only 33K tray equivalents this week, leaving approximately 265K for the domestic market.

Production across the country saw Central Queensland lead the production table accounting for 49.98% of the total volume, North Queensland accounting for a further 18.79%, then a growing supply from Central NSW accounting for 12.23%, South Queensland with 9.86% and finally WA/NT, TNR and Sunshine Coast with harvests accounting for 5.22%; 1.00% and ~1.00% respectively. With North Qld and Central Qld definitely on the downward trend with respects to production this will mean the other growing regions will steadily increase week on week, though by all accounts, overall production for the NSW and Tristates regions is down on previous years, with the cold winter and numerous frosts not helping this in any way over recent months.

· It is forecast that a total of some 294,000 tray equivalents will be despatched this week (Week 33) nationally, with the majority of this obviously being hass. Production for the next three week period thereafter, is expected to fall within the range of 265 to 360K tray equivalents per week. North Qld and Central Queensland are finishing their seasons with the last few farms still in harvest mode, expected to wrap up over the next week or two, then our main supply will come from SE Qld followed by the other major growing regions of Victoria, Tri-states and then from October on from WA.

In terms of Avocado retailing in the major supermarkets in Qld this week we saw shelf prices as follows - Aldi’s Hass this week shelf tickets at $1.79 each; Coles Qld stores visited had Hass avos at $2.00ea, and Woolworths Qld with Hass at $1.80ea.

RETAIL SNAPSHOTS OF AVOCADOS

Below: Coles Displays from Indooroopilly, Sunnybank Hills and Carindale

Coles stores had Hass on display in size 20-23 at $2.00ea supplied by Rockridge; Cherry Creek; Costa, Simpson and Dorian.
5 piece packs at $6.50ea and 1kg packs at $5.50ea. Organic at $3.80ea.

Below: Aldi Displays from Indooroopilly, Sunnybank Hills and Carindale

Avolution supplied Hass @ $1.79 each all Ct23/25. Some packed 6th August so fruit age 8 days.
1kg Avocado nets at $4.99ea and 5 piece packs at $4.79ea (Super Saver).

Below: Woolworths Displays from Indooroopilly, Sunnybank Hills and Carindale

Hass avos in Ct20/23/25 were retailing at $1.80.
Odd Bunch 1kg packs at $6.00ea and 5 piece packs at $6.50ea.

BANANA OVERVIEW

🍌SUPPLY UPDATE

The total national banana harvest figure in Week 32 was a little over 355,000 cartons, which was approximately 17,000 fewer cartons than the harvest for Week 31. Weather patterns in the major growing regions are just starting to warm a little and despite a rather constant occurrence of rain we have had somewhat of a reprieve this week. Temperatures in the far north have seen early A.M. temperatures fall within a range of 11.5 - 20.1 C across all major growing regions which is warmer than last week; and day time temperatures ranging 22.3 - 28.1 C. Some North Qld banana growing regions experienced similar rainfall to us here in SE Qld this week, Mareeba and Walkamin only experienced falls of 0.6 - 1.2mm each; however heavier falls were still being experienced across Innisfail and Tully regions with recordings of up to 80.0mms

Retail ticket pricing in Queensland for cavendish bananas has remained stable this week with pricing as follows: Aldi’s banana ticket price at $4.49/kg; Woolies offered fruit at a ticket price of $4.50/kg; and Coles were offering fruit at $4.50/kg in the stores visited.

RETAIL SNAPSHOT OF BANANAS

Below: Coles Indooroopilly, Sunnybank Hills and Carindale

Cavendish were priced at $4.50/kg. Also at $4.50/kg were the kids packs.
Red Tips at $5.50/kg. Lady Fingers at $7.90/kg. Organic at $6.50/kg.
Most blooms with good colour and minimal bruising.

Below: Aldi Indooroopilly, Sunnybank Hills and Carindale

Stores had Cavendish @ $4.49/kg. Most with good colour, some minimal marking.

Havana Bananas back in some stores this week at $3.99/kg - green in some stores and others needing restocking.

Below: Woolworths Indooroopilly, Sunnybank Hills and Carindale

Woolworths had Cavendish bananas priced at $4.50/kg, Lil Sana kids banded clusters at $3.50.
Red tips were at $5.50/kg and Organic Clusters at $6.50/kg. Ladyfingers were $8/kg.