QUICKLINKS

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BANANA OVERVIEW

🍌SUPPLY UPDATE

Banana national figures this week 35 harvest were up again by a further 27K cartons to a total of some 464,555 cartons. Weather patterns in the major growing regions have continued to warm! Temperatures in the far north have seen early A.M. temperatures fall within a range of 13.1 - 22.3 C across all major growing regions which is a touch warmer than last week; and day time temperatures ranging 26.6 - 29.3 C. Rainfall in North Qld banana growing regions this week were minimal yet again. Mareeba and Walkamin experienced falls of 0.2-0.3mm each; and decreased falls were experienced across Innisfail and Tully regions with recordings of 0mms.

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 $3.99-4.50/kg in the stores visited. Independents in the centres visited this week were returning for between $3.99 and $4.29/kg.

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 35, 2024 - The industry experienced a welcome 8.53% increase in production on the previous week’s harvest with a total of 427,771 tray equivalents harvested and transported (approx 30,000 more tray equivalents) on Week 34, 2024 production. It is worth noting that whilst this week’s harvest was a little stronger some 81K tray equivalents were in the form of bulks/processing fruit and almost 17K tray equivalents were exported - this left just shy of 330K tray equivalents for the domestic market.

Production across the country saw Central NSW now take the lead in production accounting for 26.17% of the total volume, followed by Central QLD accounting for a further 18.80%, then WA/NT accounting for 16.55%, Tristate with 15.64% and finally Southern Queensland, North Queensland and NZ with harvests accounting for 14.07%; 5.05% and 2.09% respectively of the total production for the week.

· It is forecast that a total of some 393,000 tray equivalents will be despatched this week (Week 36) 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 365 to 385K tray equivalents per week meaning pressure will still be on supply and pricing is expected to hold within the central market place.

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 $2.19 each; Coles Qld stores visited had Hass avos at $2.50ea, and Woolworths Qld with Hass at $2.20ea - however Springwood Hass priced $2.90ea!

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 GARDEN CITY

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

ALDI COOMERA

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

BANANAS AT COLES

COLES GARDEN CITY

Cavendish on display $4.50/kg. Kids packs at $4.50/kg. All varieties needing a restock here this week.
Red Tips at $5.50/kg. Lady Fingers at $7.90/kg.

COLES COOMERA

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

COLES HELENSVALE

Cavendish on display $3.99/kg. Kids packs at $4.90/kg. Relatively good mix of ready to eat though fruit was quite marked, bruised and with evidence of split peels.
Organic at $6.50/kg. Lady Fingers at $7.90/kg.

BANANAS AT WOOLWORTHS

WOOLWORTHS GARDEN CITY

Cavendish priced at $4.50/kg. Appropriately positioned in ‘Eat Now’ and ‘Eat Later’. Kids packs at $3.50ea.
Red Tips at $5.50/kg. Lady Fingers at $8.00/kg. Low stock of these varieties.

WOOLWORTHS COOMERA

The display of Cavendish priced at $4.50/kg. Appropriately displayed. Kids packs at $3.50ea. A little bat/bird damage noticed.
Red Tips at $5.50/kg, Lady Fingers at $8.00/kg and Organic at $6.50/kg.

WOOLWORTHS SPRINGWOOD

Cavendish priced at $4.90/kg.
Red Tips at $5.50/kg. Lady Fingers at $8.00/kg. Organic at $6.50/kg.

AVOCADOS AT ALDI