QUICKLINKS

AVOCADO OVERVIEW

🥑SUPPLY UPDATE

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

· Week 36, 2024 - The industry experienced a welcome 3.69% increase in production on the previous week’s harvest with a total of 444,204 tray equivalents harvested and transported (approx 17,000 more tray equivalents) on Week 35, 2024 production. Of the total tray equivalents harvested this week, some 91K were in the form of bulks/processing; 34K were exported which left just over 318K tray equivalents for the domestic market.

Production across the country saw Tristate now take the lead in production - accounting for 25.21% of the total volume, followed by Central NSW accounting for a further 23.95%, then WA/NT accounting for 17.02%, Southern QLD with 11.78% and finally NZ, Central Queensland and North Queensland with harvests accounting for 10.78%; 7.47% and 2.25% respectively of the total production for the week.

· It is forecast that a total of some 401,000 tray equivalents will be despatched this week (Week 37) nationally, with the majority of this obviously being hass - which means a similar quantity is expected for domestic supply to last week. Production for the next three week period thereafter, is expected to fall within the range of 400 to 412K tray equivalents per week meaning that market pricing is expected to hold.

In addition to our grower partner in SE Qld - Cherry Creek Estates; our grower partners in the Tristate region, Barham Avocados and Murray Eden Avocados, our partner in the west of this great land, Avonova, are now kicking off their season slowly as a greater number of WA growers join in.

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 $2.49 each; Coles Qld stores visited had Hass avos at $2.20ea, and Woolworths Qld with Hass at $2.50ea. Independents were found to have large sizing retailing for up to 2/$8!

RETAIL SNAPSHOTS OF AVOCADOS

Below: Coles Displays from Coorparoo, Indooroopilly and Fairfield

Coles stores had Hass - both Australian and NZ on display - in size 20-23 at $2.20ea. NZ stock up to 28 days old.
5 piece packs at $7.50ea and 1kg packs at $6.90ea. Organic avocados at $3.80ea.

Below: Aldi Displays from Coorparoo, Indooroopilly and Fairfield

All NZ Hass @ $2.49ea all Ct23/25 with fruit age up to 30 days old.
1kg Avocado nets at $6.79ea and 5 piece packs at $7.29ea.

Below: Woolworths Displays from Coorparoo, Indooroopilly and Fairfield

NSW AND WA Hass avos in Ct20/23/25 were retailing at $2.50 with packed dates ranging 18th August through to 3rd Sept so fruit age varied from 8 to 24 days.
Odd Bunch 1kg packs at $8.00ea and 5 piece packs at $8.00ea; whilst Organic 550g mini packs were $6.90ea.

BANANA OVERVIEW

🍌SUPPLY UPDATE

Banana national figures for week 36 harvest saw another slight lift of almost 6000 cartons on last week, resulting in a total of just over 470K cartons. Weather patterns in the major growing regions have seen the return of some rain this week. Temperatures in the far north have seen early A.M. temperatures fall within a range of 15.3 - 20.1 C across all major growing regions which were a touch warmer than last week; and day time temperatures ranging 23.9 - 28.6 C. Rainfall in North Qld banana growing regions this week saw Mareeba and Walkamin experience falls of 0.2mm and 11.6mm; and increased falls were across Innisfail and Tully regions with recordings of 27mm and 56mm.

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. Independents were found to have tickets of $3.99/kg.

RETAIL SNAPSHOT OF BANANAS

Below: Coles Coorparoo, Indooroopilly and Fairfield

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 $6.90/kg. Organic at $6.50/kg.
Most blooms were relatively good though a mix of duller fruit is present. Skin marking appeared to be on the rise this week and included bruising, rub and split peel.

Below: Aldi Coorparoo, Indooroopilly and Fairfield

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 - good colour mostly, some stores with green fruit.

Below: Woolworths Coorparoo, Indooroopilly and Fairfield

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.