2024 Week - 41

QUICKLINKS

AVOCADO OVERVIEW

🥑SUPPLY UPDATE

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

·       Week 40, 2024 - The industry experienced a 16.50% decrease in production on the previous week’s harvest with a total of 413,499 tray equivalents harvested and transported (approx 80,000 less tray equivalents) on Week 39, 2024 production. This production figure can be broken down into 68.5K bulks/processing lines; almost 47K tray equivalents were exported which left some 301K tray equivalents for the domestic market.

Production across the country saw WA/NT now firmly take the lead in production - accounting for 44.41% of the total volume, followed by NZ accounting for a further 18.05%, then Central NSW accounting for 17.33%, Tristate with 14.34% and finally Southern Queensland and TNR with harvests accounting for 3.85% and 1.68% respectively of the total production for the week.

·       It is forecast that a total of some 416,000 tray equivalents will be despatched this week (Week 41) nationally, with the majority of these obviously being hass. Production for the next three week period thereafter, is expected to fall within the range of 393 to 422K tray equivalents per week.

In terms of Avocado retailing in the major supermarkets in Qld this week we saw stable 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 Sunnybank Hills, Garden City and Acacia Ridge

  • Coles stores had Hass in size 20-25 at $2.50ea. The majority of fruit had colour, some sun blemish noted.

  • 5 piece packs at $8.00ea and 1kg packs at $8.00ea.

 

Below: Aldi Displays from Sunnybank Hills, Garden City and Acacia Ridge

  • NZ Hass from @ $2.49ea all Ct23/25.

  • 1kg Avocado nets at $7.49ea and 5 piece packs at $7.49ea - these were also NZ grown Hass.

 

Below: Woolworths Displays from Sunnybank Hills, Garden City and Acacia Ridge

  • Mix of Australian and NZ Hass avos primarily in Ct20/23/25 on display were retailing at $2.50.

  • Odd Bunch 1kg packs at $8.00ea and 5 piece packs at $8.00ea.

 

BANANA OVERVIEW

🍌SUPPLY UPDATE

The National Banana transport figures for week 40 were a little over 417,000 cartons which is some 57,000 more, than harvested in week 39. Weather patterns in the major growing regions have seen minimal rain again and temps this week have remained warm. Temperatures in the far north have seen early A.M. temperatures fall within a range of 14.6 - 20.8 C across all major growing regions; and day time temperatures ranging 25.2 - 32.7 C. Rainfall in North Qld banana growing regions this week was again light with Mareeba and Walkamin experiencing 0mm of rain; and across Innisfail and Tully regions there was only 7.4-7.8mm of rain this week.

Quality is a little mixed - seeing evidence of some light bird/bat marking and some rub marking in particular; bloom is improving, however there is still a percentage of dull fruit in the market.

Retail ticket pricing in Queensland for cavendish bananas has remained stable this week with pricing as follows: Aldi’s banana ticket price at $3.99/kg; Woolies offered fruit at a ticket price of $4.00/kg; and Coles were offering fruit at $4.00-4.50/kg in the stores visited.





RETAIL SNAPSHOT OF BANANAS

Below: Coles Sunnybank Hills, Garden City and Acacia Ridge

  • Cavendish were priced at $4.00/kg. Also at $4.00/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.

 

Below: Aldi Sunnybank Hills, Garden City and Acacia Ridge

Stores had Cavendish @ $3.99/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 Sunnybank Hills, Garden City and Acacia Ridge

  • Woolworths had Cavendish bananas priced at $4.00-4.50/kg, Lil Sana kids banded clusters at $3.00.

  • Red tips were at $5.50/kg and Organic Clusters at $6.50/kg. Ladyfingers were $8/kg.