Retail Market Week 35 - 2024
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BANANA OVERVIEW
🍌SUPPLY UPDATE
A good increase on national banana harvest figures for Week 34 with a total of just over 437,000 cartons distributed which is an increase of some 61,500 cartons on Week 33 or a 16.3% increase. Weather patterns in the major growing regions are continuing to warm and quickly at that! Temperatures in the far north have seen early A.M. temperatures fall within a range of 14.1 - 20.4 C across all major growing regions which is a touch warmer than last week; and day time temperatures ranging 24.7 - 28.0 C. Rainfall in North Qld banana growing regions this week were minimal which is quite a change. Mareeba and Walkamin experienced falls of 0.2mm 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 $4.50/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 34, 2024 - The industry saw a massive 32.16% increase on the previous week’s harvest with a total of 391,287 tray equivalents harvested and transported (approx 130,000 more tray equivalents) on Week 33, 2024 production. When we look at this total in a little more detail we see that approximately 82K tray equivalents were in the form of bulks for prepacking/processing; 20K were exported leaving some 289K tray equivalents for domestic sale.
Production across the country saw Central Queensland lead the production table accounting for 25.31% of the total volume, WA/NT accounting for a further 18.78%, followed by Central NSW accounting for 17.19%, Southern Queensland with 11.73% and finally Tristate, North Queensland and NZ with harvests accounting for 11.28%; 10.36% and 4.68% respectively of the total production for the week.
· It is forecast that a total of some 381,000 tray equivalents will be despatched this week (Week 35) 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 320 to 340K tray equivalents per week meaning pressure will still be on supply and pricing is expected to further strengthen within the central market place. In the market this week, Premium fruit is selling for between $38-$42/tray depending upon size; class ones $30-$35 depending upon size and bulks for quality small and mediums $40-$50/carton.
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 $2.90ea, and Woolworths Qld with Hass at $2.20ea.
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AVOCADO SNAPSHOT
Left to Right: Woolworths Hass; Aldi Hass and Coles Hass Avocados in Queensland stores
STOCK IN STORES
QUICKLINKS
BANANAS AT ALDI
ALDI INDOOROOPILLY
Cavendish Bananas priced at $4.49/kg. Some with minor bruising and some with dull colour.
Havana Bananas at $3.99/kg - good colour this week.
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 a lot of green fruit.
No Havana bananas at this store this week.
BANANAS AT COLES
COLES INDOOROOPILLY
Cavendish on display $4.50/kg. Kids packs at $4.50/kg. Relatively good mix of ready to eat and eat in a couple of days though the scales were tipped in favour of the latter. Some dull clusters amongst fruit exhibiting more colour development.
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. Organic at $6.50/kg.
BANANAS AT WOOLWORTHS
WOOLWORTHS INDOOROOPILLY
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 amongst the kids packs.
AVOCADOS AT ALDI
ALDI INDOOROOPILLY
The Strand supply of Count 23/25 Hass Avocados, priced at $2.19 each. Packed date of 17th August therefore fruit age was 11 days old.
Prepacks also on display - 1kg packs at $6.79ea and 5 piece packs at $7.29ea.
ALDI BROWNS PLAINS
Count 23/25 Hass Avocados priced at $2.19ea.
1kg prepacks at $6.79ea and 5 piece packs at $7.29ea.
AVOCADOS AT COLES
COLES INDOOROOPILLY
Loose Hass Avocados - ticketed at $2.90 ea.
Prepacks - 1kg $6.90ea and 5 piece packs $7.50ea. Organic at $3.80ea.
COLES BROWNS PLAINS
Loose Hass Avos- $2.90 ea. Supplied by Rockridge (Cherry Creek) and Lovacado with packed date of 17th August meaning fruit is 11 days old.
1kg prepacks at $6.90ea and 5 piece at $7.50ea. Organic avocados $3.80ea.
AVOCADOS AT WOOLWORTHS
WOOLWORTHS INDOOROOPILLY
Count 18-20 Tree2Me and Lovacado Hass avocados priced at $2.20ea were on the the A frame display. Packed date of 20th- 22nd August so fruit just 6-8 days old.
Prepacks: 1kg prepacks at $6.90ea. 5 piece packs at $7.50ea.
WOOLWORTHS BROWNS PLAINS
Count 23/25 Hass grown by Tree-2-Me selling at $2.20ea.
1kg Odd Bunch at $6.90ea. 5 piece packs at $7.50ea.
