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2010 SCC Meeting

2010 SCC Meeting. Cullum Seeds LLC: Company Profile & Overview Lanny Ashlock - Agronomist. 2010 SCC Meeting: Cullum Seeds – Company Overview. Past : Cullum Seeds came into existence in about 1978 when Sherm Cullum purchased the former Zigenhorn Seed Company located in Fisher, AR .

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2010 SCC Meeting

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  1. 2010 SCC Meeting Cullum Seeds LLC: Company Profile & Overview Lanny Ashlock - Agronomist

  2. 2010 SCC Meeting:Cullum Seeds – Company Overview Past: Cullum Seeds came into existence in about 1978 when Sherm Cullum purchased the former Zigenhorn Seed Company located in Fisher, AR . (Zigenhorn Seed was recognized for its’ exceptional quality rice seed)

  3. 2010 SCC Meeting:Cullum Seeds – Company Overview Location: Fisher, AR (pop. of 265) is located in Northeast Arkansas in Poinsett County (which has the greatest concentration of rice of any county in the nation) .

  4. 2010 SCC Meeting:Cullum Seeds – Company Overview Past: Mr. Cullum built upon the Zigenhorn reputation but expanded into seed production and sales of public certified soybean and wheat varieties thru the 80’s & 90’s in NE AR & SE MO.

  5. 2010 SCC Meeting:Cullum Seeds – Company Overview Situation in 1980’s & 90’s Income was generated by sales of certified public varieties of rice> soybean>wheat 03/15/1984 Cat. 4 tornado strikes Fisher does major damage to seed plant and warehouses Cullum Seeds was sold in 1997

  6. 2010 SCC Meeting:Cullum Seeds – Company Overview New & Present Ownership: Carl Phipps – Operations Mgr. Kelly Phipps, Cullum Seeds – CEO. Mark Waldrip, partner & owner of East AR Seeds

  7. 2010 SCC Meeting:Cullum Seeds – Company Overview 1997 -company consisted of a seed processing facilities & warehouses at Fisher & Waldenburg (about 20 employees).

  8. 2010 SCC Meeting:Cullum Seeds – Company Overview Major sources of Income : 1997 Certified rice seed – Public Varieties Certified soybean seed – Public varieties Certified soybean seed production - Private seed Certified wheat seed – public varieties

  9. 2010 SCC Meeting:Cullum Seeds – Company Overview Changes in Early 2000: Economic survival decision: to obtain soybean & wheat genetics & market own brand (Armor beans & Armor wheat) Employed 2 outside salesman in AR

  10. 2010 SCC Meeting:Cullum Seeds – Company Overview Changes 2002 - 2005: Entered the corn business by obtaining private sources of corn genetics (Belle Corn Hybrids) Employ an additional salesman and an agronomist/sales manager Begin to expand sales territory to include WTN, WMS

  11. 2010 SCC Meeting:Cullum Seeds – Company Overview Changes in 2005 - 2009 Obtained Delta King soybean & wheat genetics Implemented bean marketing program based on soil texture : (Armor- Silt loam, Delta King- Clay/Gumbo) Expand genetic sources of corn, soybean, wheat and rice genetics Formed partnership with JWray Seeds located Paducah, KY (2007)

  12. 2010 SCC Meeting:Cullum Seeds – Company Overview Present Situation (2010) Income generated by sales of certified public, & Clearfield varieties of rice Income generated by sales of proprietary lines with newer traits of soybean>corn> wheat

  13. 2010 SCC Meeting:Cullum & JWray Seeds – Overview Present Situation (2010-continued) Sales in 7 mid-south states consisting of 7 outside salesmen (including Sales Mgr.) Income generated by sales of proprietary soybean>corn> wheat and both public and private lines of rice Established new Corporate headquarters in Jonesboro, AR

  14. 2010 SCC Meeting:Cullum Seeds – Company Overview Seed Production* (~acres) 2000 20052010 10,000 20,000 40,000 *Experienced Seed Producers: most produce seed for Cullum (& JWray Seeds) of multiple crops

  15. 2010 SCC Meeting:Cullum Seeds – Company Overview University OVT’s (No./entries) 200020052010 corn NA 4/7 6/10-17 soybean 1/4(exp) 6/4-20 7/8-21 wheat NA 2/2-7 5/2-6

  16. 2010 SCC Meeting:Cullum Seeds – Company Overview Company Personnel: Jeff Armstrong – Seed Production Mgr. & OVT Coordinator & Agronomist Jeff Pangle – Corn Lead & Agronomist

  17. 2010 SCC Meeting:Cullum Seeds – Company Overview Cullum Sales Force Matthew Harvey – NE AR Tommy Killibrew – So. MS & LA Terry Montgomery – West & Central AR Curt Preston – SE AR Will Worsham – No. MS & AL Don Henderson – Retail Sales

  18. 2010 SCC Meeting:Cullum Seeds – Company Overview JWray Seeds Sales Force Jason Bahr – MO Lane Dill – TN Jimmy Wray – Sales Mgr. & KY

  19. 2010 SCC Meeting:Cullum Seeds – Company Overview Concluding comments: We’re a regional company with a regional focus (customer & products). We really strive to service what we sell. We live in the communities of our customers, seed producers , seed dealers and employees (~45 employees). It is a competitive business but we strive to be professional, personable and ethical.

  20. Questions and Comments

  21. Cullum Seeds Website www.cullumseeds.com Or lannyashlock@cullumseeds.com cell phone:870.588.1110

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