6-美国核桃China Conference_California Walnut Industry 2024.pdf

1、California Walnut Industry California Walnut Industry 20242024China International Tree Nuts Conference August 6-8,2024Presented by Brian DunningShoEi Foods USA,Inc.ShoEiShoEi Foods USA,Inc.Foods USA,IZhengzhou 2019Zhuhai 20182020,2021&2022 Recorded PresentationsLinan 2023ShoEiShoEi Foods China Offic

2、es and Processing Foods China Offices and Processing FacilitiesFacilities2023/24 CA Walnut Year in Review2023/24 CA Walnut Year in Review Favorable weather conditions resulted in an excellent quality crop.Crop that was initially forecasted to be smaller surprised industry with good production attrib

3、uted to younger orchards coming into bearing.Acreage declined for the first time in California history.Orchards removed were primary poor producing and legacy varieties.Large Carryover from 2022 crop continued.Two years of low quality contributed to this.Rain Damage October 2021;Heat Damage Septembe

4、r 2022 Regardless of high quality,market pricing did not recover for 2023 crop,however good quality drove strong demand&record shipments.Final 2023 California CROP 823,549 Short Tons(747,111 Metric Tons)+10.1%Higher than 2022Review the Charts History and Review the Charts History and Current Year-to

5、-dateCurrent Year-to-dateCalifornia Walnut Crop SizeCalifornia Walnut Crop Size502462497492571606686628673653784730747823010020030040050060070080090020102011201220132014201520162017201820192020202120222023Inshell Equivalent in Short Tons(in Thousands)Crop Year+10.1%Source:California Walnut BoardCA W

6、alnut Estimate HistoryCA Walnut Estimate HistorySource:USDA-NASS2023 Forecast 8%below final result(63K Tons)Bearing AcreageBearing Acreage2002503003504004505002010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2023 2024*Acreage(in Thousands)BearingNon-BearingSource:USDA-NASS and Land IQMay