QUICKLINKS

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BANANA OVERVIEW

🍌SUPPLY UPDATE

The total national banana harvest figure for Week 33 was 375,803 cartons which was 5.8% increase on the week prior or an additional 20K cartons on Week 32. Weather patterns in the major growing regions are continuing 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 11.3 - 20.8 C across all major growing regions which is a touch warmer than last week; and day time temperatures ranging 22.9 - 30.5 C. Rainfall in North Qld banana growing regions this week saw Mareeba and Walkamin experiencing falls of 1.0 - 5.6mm each; however heavier falls were still being experienced across Innisfail and Tully regions with recordings of up to 70mms! Throw a full moon into the mix and this helps somewhat with growth, especially when we consider the overcast conditions in some of the regions in recent times.

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 $4.50-4.90/kg in the stores visited.

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 33, 2024 - The industry saw a massive 36.94% decrease on the previous week’s harvest with a total of 265,419 tray equivalents harvested and transported (approx 150,000 less tray equivalents) on Week 32, 2024 production. It is important to note that of the 265K tray equivalents harvested in Week 33 - almost 67K were in the form of bulks/processing; another 28K were exported which left only 170K tray equivalents for the domestic market. With supplies down to this level the central markets around the country will be under pressure and prices are expected to be on the rise for all grades.

Production across the country saw North Queensland lead the production table accounting for 26.85% of the total volume, Central NSW accounting for a further 18.88%, followed by Central Queensland accounting for 16.65%, WA/NT with 16.21% and finally Southern Queensland, Tristate and TNR with harvests accounting for 13.74%; 4.26% and 1.24% respectively. With North Qld and Central Qld definitely on the downhill slope of their season in respects to harvests this will mean the other growing regions will steadily increase week on week, but in light of past growing conditions, seasonality and weather events, production in these regions is expected to be down on previous years. In short, this will mean demand will be stronger than supply.

· It is forecast that a total of some 369,000 tray equivalents will be despatched this week (Week 34) 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 296 to 353K tray equivalents per week.

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

AVOCADO SNAPSHOT

Left to Right: Woolworths Hass; Aldi Hass and Coles Hass Avocados in Queensland stores

STOCK IN STORES

QUICKLINKS

🍌Bananas at Woolworths

🥑Avocados at Woolworths

BANANAS AT ALDI

ALDI STAFFORD

Cavendish Bananas priced at $4.49/kg. Some with minor bruising and some with dull colour.
Havana Bananas at $3.99/kg - half ripe and half green.

ALDI BROWNS PLAINS

A display of Cavendish Bananas ticketed at $4.49/kg - light skin marking and some minor neck damage observed, as well as some green fruit.
Havana bananas at this store this week, $3.99/kg - all green.

ALDI SUNNYBANK HILLS

A display of Cavendish Bananas ticketed at $4.49/kg - light skin marking observed but good colour.
No Havana bananas.

BANANAS AT COLES

COLES EVERTON PARK

Cavendish on display $4.90/kg. Kids packs at $4.90/kg. Splitting peel was observed throughout this display and some very dull clusters present.
Red Tips at $5.50/kg. Lady Fingers at $7.90/kg.

COLES BROWNS PLAINS

Cavendish on display $4.50/kg. Majority of fruit on display was full colour. Kids packs on display also for $4.50/kg.
Red Tips at $5.50/kg. Lady Fingers $7.90/kg. Organic at $6.50/kg.

COLES SUNNYBANK HILLS

Cavendish on display $4.50/kg. Kids packs at $4.50/kg.
Red Tips at $5.50/kg. Lady Fingers at $7.90/kg.

BANANAS AT WOOLWORTHS

WOOLWORTHS STAFFORD

Cavendish priced at $4.50/kg. Kids packs at $3.90ea.
Red Tips at $5.50/kg. Lady Fingers at $8.00/kg. Organic at $6.50/kg.

WOOLWORTHS BROWNS PLAINS

The display of Cavendish priced at $4.50/kg. Appropriately displayed. Kids packs at $3.90ea. A couple of clusters found with peels that are starting to split.
Lady Fingers $8.00/kg and Red Tips $5.50/kg. Organic at $6.50/kg.
Olympic ‘Healthy Eating’ Advertising on display.

WOOLWORTHS SUNNYBANK HILLS

Cavendish priced at $4.50/kg. Kids packs at $3.90ea.
Red Tips at $5.50/kg. Lady Fingers at $8.00/kg. Organic at $6.50/kg.

AVOCADOS AT ALDI