Retail Market Week 50 - 2023
/QUICKLINKS
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 Cyclone warnings have been revoked with the system no longer of tropical cyclone intensity.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.
BANANA SNAPSHOT
Left to Right: Aldi; Coles and Woolworths Cavendish Displays
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 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.
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 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 with 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 weeks sales pricing please see the info below….
AVOCADO SNAPSHOT
Left to Right: Woolworths Hass (with 2 price points); Aldi Hass and Coles Hass Avocados
STOCK IN STORES
QUICKLINKS
BANANAS AT ALDI
ALDI INDOOROOPILLY
A display of Cavendish Bananas ticketed at $3.99/kg. Minimal bruising but a few clusters spotting and light skin marking found.
Lady Fingers back at this store this week, priced at $5.99/kg. Some bruising and light skin marking visible.
ALDI COORPAROO
A display of Cavendish Bananas ticketed at $3.99/kg. One only cluster found spotting.
Lady Fingers at $4.99/kg. These were all green.
ALDI LOGANHOLME
A display of Cavendish Bananas ticketed at $3.99/kg. Slightly green fruit, good bloom otherwise.
Lady Fingers at $4.99/kg.
BANANAS AT COLES
COLES INDOOROOPILLY
Cavendish bananas displayed at $4.00/kg. Kids packs also priced at $4.00ea.
Red Tips $5.50/kg and Organic variety at $5.00/kg. Ladyfingers also on the display.
Low stock of ALL varieties - displays needed refilling.
COLES COORPAROO
Cavendish on display priced at $4.50/kg - good colour. Not the best condition, some fruit with splitting skin or rot.
Kids packs priced at $4.50ea.
Lady Fingers $7.90/kg.
Organic variety at $6.00/kg.
COLES LOGANHOLME
Cavendish bananas displayed at $4.00/kg. Kids packs also priced at $4.00ea.
Red Tips $4.50/kg with a little bat marking on a few clusters, Lady Fingers $5.00/kg on special and Organic variety at $7.90/kg.
BANANAS AT WOOLWORTHS
WOOLWORTHS INDOOROOPILLY
Cavendish priced at $4.00/kg - Eat Now and Eat Later display areas. Kids packs at $3.50ea.
Red Tips at $5.50/kg and Lady Fingers at $6.00/kg - both needed refilling.
WOOLWORTHS COORPAROO
A very neat display of Cavendish priced at $4.00/kg. Kids packs at $3.50ea.
Red Tips at $5.50/kg. Lady Fingers at $6.00/kg.
WOOLWORTHS LOGANHOLME
Cavendish bananas displayed at $4.50/kg. Kids packs also priced at $3.50ea.
Red Tips $5.50/kg, Lady Fingers $6.00/kg and Organic variety at $6.00/kg.
Independent Retailer….Loganholme
AVOCADOS AT ALDI
ALDI INDOOROOPILLY
Hass Avocados priced at $1.19 each.
1kg prepacks at $3.99ea and 5 piece packs at $3.99ea, Aldi Super Savers.
ALDI COORPAROO
Loose Hass Avocados - $1.19ea.
1kg packs at $3.49ea and 5 piece prepacks also at $3.99ea.
ALDI LOGANHOLME
Hass Avocados priced at $1.19ea.
1kg prepacks at $3.49ea and 5 piece packs at $3.99ea.
AVOCADOS AT COLES
COLES INDOOROOPILLY
Hass - ticketed at $1.30ea, well stocked.
Organic avocados at $3.90ea.
COLES COORPAROO
Loose Hass Avos - at $1.20ea.
5 piece packs at $5.00ea and 1kg packs at $4.50ea.
$3.90ea on organic variety avos.
COLES LOGANHOLME
Count 23 Hass - ticketed at $1.20ea, well stocked - fruit packed 28th Nov so fruit age 15 days.
1kg prepacks at $4.50ea and 5 piece packs at $5.00ea.
AVOCADOS AT WOOLWORTHS
WOOLWORTHS INDOOROOPILLY
Count 25 Hass ticketed at $1.20ea- displayed neatly.
5pk prepacks at $5.00ea and 1kg packs at $4.00ea.
WOOLWORTHS COORPAROO
Count 25 The Avocado Collective Hass at $1.30ea fruit packed 24th November so 19 days old.
5 piece packs at $5.00ea and 1kg Odd Bunch at $4.50ea.
WOOLWORTHS LOGANHOLME
Double sided A frame display unit with Count 23/25 Hass ticketed at $1.20ea. Fruit packed 20th to 24th November so age ranging 19 to 23 days.
5pk prepacks at $5.00ea and 1kg packs at $4.50ea.
