AMERICAN PECAN COUNCIL. Pecan Industry Position Report. For the Crop Year Ended August 31, 2018

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Pecan Industry Position Report INTER-HANDLER TRANSFERS OF PECANS Total Inshell Pounds Transferred: Improved 109,898,013 Native/Seedling 14,813,988 Substandard 16,809,311 Total 141,521,312 YEAR-END INVENTORY Committed Export Domestic Uncommitted Total Inshell: Improved 8,000,243 4,562,324 11,811,330 24,373,897 Native/Seedling -0- -0-4,843,374 4,843,374 Substandard -0- -0-1,085,145 1,085,145 Total 8,000,243 4,562,324 17,739,849 30,302,416 Shelled: Halves 3,690,720 12,311,597 (3,070,840) 12,931,477 Pieces 1,245,520 15,066,272 8,965,888 25,277,680 Work In Process -0-350,128 350,547 700,675 Total 4,936,240 27,727,997 6,245,595 38,909,832 Total Inventory (Inshell Basis) 17,872,723 60,018,318 30,231,039 108,122,080 U.S. PECAN HANDLED THROUGHOUT THE YEAR Improved 250,015,684 Native/Seedling 41,293,280 Substandard 21,629,597 Total 312,938,561 The preliminary report regarding the 2017 crop year is based upon industry receipts, and may be subject to change as more information is provided. 986.20 Inventory totals do not include pecans warehoused by growers. Shelled Meats are converted to inshell using a yield of 50% (multiplying the shelled meats by"2"). The form automatically makes this calculation.

Mexico Exports and Foreign Purchases INSHELL PECANS EXPORTED TO MEXICO FOR SHELLING AND RETURNED TO U.S. AS SHELLED MEATS Inshell Exported for Shelling: Total Mexico 20,057,645 Total Inshell Exported for Shelling 20,057,645 Shelled Meats - Produced in U.S. Inshell Returned to U.S.: Mexico 10,396,353 Total Shelled Meats - Produced in U.S. Inshell Returned to U.S. 10,396,353 Shelled Meats: Country of Origin: PECANS PURCHASED OUTSIDE THE U.S. BY U.S. HANDLERS Total Austrailia 101,770 Mexico 11,192,858 South Africa 192,470 Total Shelled Meats 11,487,098 Inshell: Country of Origin: Austrailia 44,063 Mexico 49,746,846 South Africa - Total Inshell 49,790,909 Total (Inshell Basis) Austrailia 247,603 Mexico 72,132,562 South Africa 384,940 Total (Inshell Basis) 72,765,105 The preliminary report regarding the 2017 crop year is based upon industry receipts, and may be subject to change as more information is provided.

Destination Report World Region 2017-2018 - YTD September 1 through August 31 2018 Destination Shelled Inshell Sub-Standard Total (Inshell Basis) Africa Algeria -0- -0- -0- -0- Egypt 4,680-0- -0-9,360 Total Africa 4,680-0- -0-9,360 Asia China 390,660 3,397,555-0- 4,178,875 Hong Kong 247,830 35,034,819-0- 35,530,479 India 49,500-0- -0-99,000 Japan 431,850-0- -0-863,700 Kuwait 144,690-0- -0-289,380 Malaysia 450-0- -0-900 Philippines 3,360-0- -0-6,720 Qatar 6,630-0- -0-13,260 Singapore 27,720-0- -0-55,440 South Korea 417,690-0- -0-835,380 Thailand 150-0- -0-300 Taiwan 178,500 25,000-0- 382,000 Vietnam 50,195 4,788,934-0- 4,889,324 Total Asia 1,949,225 43,246,308-0- 47,144,758 The preliminary report regarding the 2017 crop year is based upon industry receipts, and may be subject to change as more information is provided.

Destination Report World Region 2017-2018 - YTD September 1 through August 31 2018 Destination Shelled Inshell Sub-Standard Total (Inshell Basis) Australia/Oceania Australia 130,320-0- -0-260,640 Total Australia 130,320-0- -0-260,640 Europe Austria 49,800-0- -0-99,600 Belgium 338,310-0- -0-676,620 Czech Republic 23,550-0- -0-47,100 Denmark 830,040-0- -0-1,660,080 France 2,062,770-0- -0-4,125,540 Germany 4,776,570-0- -0-9,553,140 Greece 46,800 323,550-0- 417,150 Italy 82,500 174,000-0- 339,000 Lithuania 244,500-0- -0-489,000 Netherlands 4,136,130-0- -0-8,272,260 Norway 45,600-0- -0-91,200 Poland 22,800-0- -0-45,600 Portugal 10,080-0- -0-20,160 Russia 25,080-0- -0-50,160 Spain 93,600-0- -0-187,200 Sweden 251,580-0- -0-503,160 Switzerland 497,760-0- -0-995,520 United Kingdom 3,337,530-0- -0-6,675,060 Total Europe 16,875,000 497,550 34,247,550 The preliminary report regarding the 2017 crop year is based upon industry receipts, and may be subject to change as more information is provided.

Destination Report World Region 2017-2018 - YTD September 1 through August 31 2018 Destination Shelled Inshell Sub-Standard Total (Inshell Basis) Middle East Israel 1,086,150-0- -0-2,172,300 Jordan -0- -0- -0- -0- Lebanon 65,520-0- -0-131,040 Saudi Arabia 203,420-0- -0-406,840 Turkey 24,000-0- -0-48,000 United Arab Emirates 282,060-0- -0-564,120 Total Middle East 1,661,150-0- -0-3,322,300 North America Canada 5,091,640 42,750-0- 10,226,030 Mexico 2,750,640 12,762,666 639,896 18,903,842 Total North America 7,842,280 12,805,416 639,896 29,129,872 South America Columbia 7,560-0- -0-15,120 Peru 124,020-0- -0-248,040 Total South America 131,580-0- -0-263,160 Grand Total Exports 28,594,235 56,549,274 639,896 114,377,640 The preliminary report regarding the 2017 crop year is based upon industry receipts, and may be subject to change as more information is provided.

Pecans Received from Own Account Variety Name Total Pounds Inshell Blends/Mixed Budded 30,554,360 Bradley 834,170 Caddo 514,972 Cape Fear 2,772,202 Cheyenne 138,611 Creek 135,633 Desirable 17,831,385 Desirable Type 1,482,920 Eastern Schley 2,780,667 Elliott 1,189,441 Excel 339,648 Moneymaker 2,222,170 Pawnee 2,093,697 Stuart 18,765,477 Sumner 3,823,382 Western Schley 73,597,806 Wichita 7,429,144 Other 22,346,876 Native/Seedling 15,773,265 Substandard 21,247,308 Total Varieties 225,873,133 The preliminary report regarding the 2017 crop year is based upon industry receipts, and may be subject to change as more information is provided. Variance in data may occur due to lack of variety breakdown provided. Data may be revised or updated as more information is provided.