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ESTABLISHED 1968 PUTT WETHERBEE PRESIDENT Nut Tree Pecan Company.

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Presentation on theme: "ESTABLISHED 1968 PUTT WETHERBEE PRESIDENT Nut Tree Pecan Company."— Presentation transcript:

1 ESTABLISHED 1968 PUTT WETHERBEE PRESIDENT Nut Tree Pecan Company

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) 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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