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Nut Tree Pecan Company

Nut Tree Pecan Company. Established 1968 Putt Wetherbee President. Who We Are. Frank Wetherbee Founder, pioneer & pecan grower since 1960 Tom Stevenson Western grower and Albany grower since 1990’s Father of Southeast hedging J.W. Christiansen

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Nut Tree Pecan Company

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  1. Nut Tree Pecan Company Established 1968 Putt Wetherbee President

  2. Who We Are • Frank Wetherbee • Founder, pioneer & pecan grower since 1960 • Tom Stevenson • Western grower and Albany grower since 1990’s • Father of Southeast hedging • J.W. Christiansen • Joined Nut Tree Co-Op in 1982 and grower since 1974 • Georgia Pecan Commodity Commission board member • Lamar Jenkins • Joined 2011, Nurseryman extraordinaire • V.P. Southeastern Growers Association

  3. Frank Wetherbee

  4. Frank & Patty

  5. Tom Stevenson & Pepper

  6. J. W. Christensen

  7. Laverne Glass 43 Years

  8. Hank Price 25 years

  9. What We Do • Custom Cleaning • Modern, high capacity plant & warehouses • Auction Marketing • Custom bagging • 50,000 + pounds per hour 50 pound bags • Direct Exporting • Buying • Multiple market monitoring • Nursery • Hedging • Orchard management

  10. What Nut Tree Can Do For You • Clean & Market • Georgia, Florida, Alabama, Mississippi, Texas • Export • Multiple service options • Bag • USDA inspection/ Full Service • Buy • Exchange information • Provide Nursery Trees • Hedge • Every situation is different. Call Us (229) 432-2636 x104

  11. Very Diverse Market Perspective • Growers • Over 2,500 acres of improved, irrigated varieties • High input producers circa $ 1,500 per acre • Industry service providers • Cleaners, marketers • Best prices for us & growers • Nursery • Exporters • Schermer Pecan brand • Fund Raising line since 1946 / 1977

  12. Well Block Orchard

  13. Nursery

  14. Cleaning & Drying

  15. Bagging

  16. Exporting

  17. Hedging

  18. Schermer Pecans

  19. Market Outlook 2012 • Large off year crop • Large “Carry In” 180M pounds ???? • Later Chinese New Year • Very high prices last two years • Volatile markets / Low opening • Gift Packers and Fundraisers challenge • Breakeven last two years • Need for smoother sustainable market conditions • Domestic and world challenges / Opportunities • Bad economy, unrest, growing world middle class

  20. What’s Happening Now • Lot’s of Chinese interest in good deals • Downward Market pressure holding • Expect good demand for large Pecans • Blend competition from Mexico and South Africa • Freezer inventory moving to China • Almond supply is very high but prices good • Points to world promotion and increasing middle class • I expect prices to elevate slightly and stabilize at sustainable level for all • East west divide continues to develop

  21. Getting The Most Crop Value Stay informed Give good information Be realistic DON’T PANIC DON’T SPECULATE Provide good samples Larger Lots Dry Nuts Uniformity extremely important to in-shell exports

  22. Questions/ Comments

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