QUICKLINKS

AVOCADO OVERVIEW

🥑SUPPLY UPDATE

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

· Week 37, 2024 - The industry experienced a 2.92% decrease in production on the previous week’s harvest with a total of 431,227 tray equivalents harvested and transported (approx 10,000 less tray equivalents) on Week 37, 2024 production.

Production across the country saw WA/NT now take the lead in production - accounting for 24.57% of the total volume, followed by Central NSW accounting for a further 24.42%, then Tristate accounting for 22.25%, Southern QLD with 11.19% and finally NZ, Central Queensland and North Queensland with harvests accounting for 8.61%; 3.58% and 2.26% respectively of the total production for the week. Of the 431K trays produced this week - approximately 78.5K were in the form of bulks/processing tray equivalents and 33K tray equivalents were exported leaving just shy of 320K tray equivalents for the domestic market.

· It is forecast that a total of some 464,000 tray equivalents will be despatched this week (Week 38) 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 480 to 495K tray equivalents per week which will mean a steady increase in numbers.

In addition to our grower partner in SE Qld - Cherry Creek Estates; and our grower partners in the Tristate region, Barham Avocados and Murray Eden Avocados, our partner in the west of this great land, Avonova, are all in harvest mode and producing some quality fruit.

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 $2.50ea, and Woolworths Qld with Hass at $2.50ea.

Supermarket confirmed AVOCADO pricing……

Quoted Market pricing….

RETAIL SNAPSHOTS OF AVOCADOS

Below: Coles Displays from Garden City, Carindale and Mt Ommaney

Coles stores had Hass - both Australian and NZ on display - in size 20-23 at $2.50ea.
5 piece packs at $7.50ea and 1kg packs at $6.90ea. Organic avocados at $3.80ea.

Below: Aldi Displays from Garden City, Carindale and Mt Ommaney

All NZ Hass @ $2.49ea all Ct23/25.
1kg Avocado nets at $7.49ea and 5 piece packs at $7.49ea.

Below: Woolworths Displays from Garden City, Carindale and Mt Ommaney

NSW AND WA Hass avos in Ct20/23/25 were retailing at $2.50.
Odd Bunch 1kg packs at $8.00ea and 5 piece packs at $8.00ea.

BANANA OVERVIEW

🍌SUPPLY UPDATE

Banana national figures for week 37 were just over 446,000 cartons for the week which was approximately 5% lower than last week at 470,000 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 13.0 - 21.4 C across all major growing regions which were a touch warmer than last week; and day time temperatures ranging 22.0 - 28.7 C. Rainfall in North Qld banana growing regions this week saw Mareeba and Walkamin experience falls of 0.2mm and 0.8mm; and similar falls to last week across Innisfail and Tully regions with recordings of 28.2mm and 44.6mm.

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 $4.00-4.50/kg; and Coles were offering fruit at $4.00-4.50/kg in the stores visited.

RETAIL SNAPSHOT OF BANANAS

Below: Coles Garden City, Carindale and Mt Ommaney

Cavendish were priced at $4.00-4.50/kg. Also at $4.50/kg were the kids packs.
Red Tips at $5.50/kg. Lady Fingers at $6.90/kg. Organic at $6.00/kg.
Most blooms were relatively good though a mix of duller fruit is present.

Below: Aldi Garden City, Carindale and Mt Ommaney

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 Garden City, Carindale and Mt Ommaney

Woolworths had Cavendish bananas priced at $4.00-4.50/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.