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Pecan Presentation March 25, 2014 Presented by Helen Watts Young Pecan, Inc.

Pecan Presentation March 25, 2014 Presented by Helen Watts Young Pecan, Inc. Recap 2012/13 Supply and Consumption Look at Present Day 2013/14 Crop China Demand Global Supply. EXPORT CONSUMPTION. Source: USDA-FAS March 2013 2008-2013 Average: 57,638 Metric Tons. Inshell Supply.

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Pecan Presentation March 25, 2014 Presented by Helen Watts Young Pecan, Inc.

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  1. Pecan PresentationMarch 25, 2014Presented by Helen WattsYoung Pecan, Inc.

  2. Recap 2012/13 Supply and Consumption • Look at Present Day 2013/14 Crop • China Demand • Global Supply

  3. EXPORT CONSUMPTION

  4. Source: USDA-FAS March 2013 2008-2013 Average: 57,638 Metric Tons

  5. Inshell Supply

  6. Inshell SupplyChallenges Moving Forward

  7. Outlook for 2014 • Better half to piece shellout ratios • Continuation of recovery of domestic consumption • Pecans advantageously priced against other tree nuts • Shortage of larger sizes of pecan halves could occur as we move into second half of 2014 • Price gap between halves and pieces is likely to continue through balance of this year • Expect manageable carry-in with potential for larger 2014/15 crop production

  8. Opportunities/Challenges Opportunities • Greater interest from food manufacturers on new R&D projects • Some retailers finally booking at the benefits of promoting pecan pieces in high demand periods • Kernel exports continue to be strong Challenges • Food Safety Modernization Act • Lumping tree nuts into Produce • FDA Risk Assessment • China – How aggressive will they be • Growing Global Supply • How do we increase demand

  9. QUESTIONS?

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