September 9, 2016 Dear Industry Members, Please note that the Beginning Inventory/Carry-in figure for 8/1/2016 reflects the actual Loss & Exempt (L&E) figure for the 2015/2016 crop year. The actual L&E of 2.52% versus the 2% forecasted L&E figure resulted in a downward adjustment of -9,882,602 pounds or -2.34%. The restated 8/1/2016 beginning inventory is 412,001,125 pounds. The July 2016 Carry-out from the July 2016 Position Report compared to actual: Crop Size (million pounds) 2,500 2,000 1,500 1,000 500 Loss & Exempt Percentages & Crop Size History 2.00% 1.89% 1.94% 1.57% 2.52% - 11/12 12/13 13/14 14/15 15/16 Crop Size 2,020 1,884 2,010 1,868 1,894 Loss & Exempt 2.00% 1.89% 1.94% 1.57% 2.52% 3.00% 2.25% 1.50% 0.75% 0.00% The five year average for L&E is 1.98%. Best regards, Sue Olson Associate Director, Marketing Order Services
Almond Industry Position Report 2016-2017 Crop Year Salable Forecast Million Lbs. 2016-2017 Kernel Wt. 2015-2016 Kernel Wt. AUGUST 2016 % Change 1. Carryin August 1, 2016 2. Crop Receipts to Date 3. [2% Loss and Exempt] 4. New Crop Marketable (2-3) 5. [Reserve] 6. Total Supply (1+4-5) 412.0 2,050.0 41.0 2,009.0 n/a 2,421.0 412,001,125 376,614,224 9.40% 359,418,603 344,387,859 4.36% ( 7,188,372 ) ( 6,887,757 ) 352,230,231 337,500,102 4.36% 0 0 764,231,356 714,114,326 7.02% Shipments by Handlers 7. Domestic 8. Export 9. Total Shipments 660.0 1,343.0 2,000.0 10. Forecasted Carryout 421.0 11. Computed Inventory (6-9) 58,799,998 111,217,555 170,017,553 53,976,837 72,188,505 126,165,342 594,213,803 587,948,984 8.94% 54.07% 34.76% 1.07% Commitments (sold, not delivered)** 12. Domestic 13. Export 14. Total Committed Shipments 205,646,507 276,197,860 481,844,367 167,040,084 204,381,301 371,421,385 23.11% 35.14% 29.73% 15. Uncommitted Inventory (11-14) 112,369,436 216,527,599-48.10% DOMESTIC Handlers reporting commitments represent 95% of the 2015/2016 crop MONTHLY REPORT OF SALABLE HANDLER SHIPMENTS 2016-2017 Crop Year 2015-2016 Crop Year 36,731,045 36,731,045 19,591,800 19,591,800 295,390 295,390 282,973 282,973 Shelled 39,113,030 Manufactured 22,663,734 Products 181,116 Inshell 128,482 (Interhandler Transfers) ( 2,145,477) (Industry Purchases) ( 1,140,887) TOTAL: 58,799,998 39,113,030 22,663,734 181,116 128,482 ( 2,145,477 ) ( 1,140,887 ) 58,799,998 35% ( ( 1,459,224) 1,465,147) 53,976,837 ( 1,459,224 ) ( 1,465,147 ) 53,976,837 43% EXPORT Shelled 58,024,217 58,024,217 Manufactured 11,286,052 11,286,052 Products 146 146 Inshell TOTAL: 41,907,140 111,217,555 41,907,140 111,217,555 65% 43,820,671 43,820,671 12,804,338 12,804,338 37 37 15,563,459 15,563,459 72,188,505 72,188,505 57% NET SHIPMENTS 170,017,553 170,017,553 100% 126,165,342 126,165,342 100% EXEMPT/INEDIBLE SHIPMENTS 717,359 717,359 2,604,402 2,604,402 Source: ABC Form 25 September 9, 2016
Destinations >250,000 lbs. are reported 2016/17 Global vs. 2016/2017 - Current 2016/2017 - YTD 2015/2016 - Current 2015/2016 - YTD Current Month - August 2016 August 1st through August 31st Current Month - August 2016 August 1st through August 31st Percent 2015/16 WORLD REGION NKW Month NKW Month NKW Month NKW Month YTD Total YTD DESTINATION SHELLED Inshell Total SHELLED Inshell Total SHELLED Inshell Total SHELLED Inshell Total Shipments + / - 62% 38% 100% 62% 38% 100% 78% 22% 100% 78% 22% 100% NORTH AMERICA 57% Canada 3,996,392 0 3,996,392 3,996,392 0 3,996,392 2,548,261 0 2,548,261 2,548,261 0 2,548,261 47% Mexico 1,563,050 0 1,563,050 1,563,050 0 1,563,050 1,062,448 0 1,062,448 1,062,448 0 1,062,448 54% Ttl. NORTH AMERICA 5,559,442 0 5,559,442 5,559,442 0 5,559,442 3,613,324 0 3,613,324 3,613,324 0 3,613,324 LATIN/CARIBBEAN 1505% Brazil 353,000 0 353,000 353,000 0 353,000 22,000 0 22,000 22,000 0 22,000 49% Ttl. LATIN/CARIBBEAN 1,025,857 0 1,025,857 1,025,857 0 1,025,857 688,041 0 688,041 688,041 0 688,041 4% 53% TOTAL AMERICAS 6,585,299 0 6,585,299 6,585,299 0 6,585,299 4,301,365 0 4,301,365 4,301,365 0 4,301,365 NORTHEAST ASIA 7% China/Hong Kong 5,470,663 2,651,748 8,122,411 5,470,663 2,651,748 8,122,411 5,514,929 2,084,383 7,599,312 5,514,929 2,084,383 7,599,312-13% Japan 3,487,025 159,156 3,646,181 3,487,025 159,156 3,646,181 4,152,394 32,580 4,184,974 4,152,394 32,580 4,184,974 9% South Korea 3,920,582 0 3,920,582 3,920,582 0 3,920,582 3,604,522 0 3,604,522 3,604,522 0 3,604,522-28% Taiwan 382,053 0 382,053 382,053 0 382,053 533,298 0 533,298 533,298 0 533,298 1% Ttl. NORTHEAST ASIA 13,260,323 2,810,904 16,071,227 13,260,323 2,810,904 16,071,227 13,805,143 2,116,963 15,922,106 13,805,143 2,116,963 15,922,106 SOUTHEAST ASIA 32% Indonesia 381,391 0 381,391 381,391 0 381,391 289,750 0 289,750 289,750 0 289,750-34% Malaysia 348,450 0 348,450 348,450 0 348,450 529,462 0 529,462 529,462 0 529,462 101% Thailand 898,500 0 898,500 898,500 0 898,500 446,010 0 446,010 446,010 0 446,010 909% Vietnam 425,950 1,216,471 1,642,421 425,950 1,216,471 1,642,421 41,800 120,975 162,775 41,800 120,975 162,775 115% Ttl. SOUTHEAST ASIA 2,278,891 1,216,471 3,495,362 2,278,891 1,216,471 3,495,362 1,502,472 120,975 1,623,447 1,502,472 120,975 1,623,447 SOUTH/CENTRAL ASIA 146% India 784,959 34,228,484 35,013,443 784,959 34,228,484 35,013,443 1,723,950 12,522,423 14,246,373 1,723,950 12,522,423 14,246,373 949% Pakistan 175,000 273,157 448,157 175,000 273,157 448,157 0 42,714 42,714 0 42,714 42,714 148% Ttl. SOUTH/CENTRAL ASIA 996,959 34,501,641 35,498,600 996,959 34,501,641 35,498,600 1,723,950 12,565,137 14,289,087 1,723,950 12,565,137 14,289,087 AUSTRALASIA/OCEANIA 46% Australia 311,840 0 311,840 311,840 0 311,840 214,091 0 214,091 214,091 0 214,091 44% New Zealand 312,330 0 312,330 312,330 0 312,330 217,250 0 217,250 217,250 0 217,250 45% Ttl. AUSTRALASIA/OCEANIA 624,170 0 624,170 624,170 0 624,170 431,341 0 431,341 431,341 0 431,341 33% 73% TOTAL ASIA-PACIFIC 17,160,343 38,529,016 55,689,359 17,160,343 38,529,016 55,689,359 17,462,906 14,803,075 32,265,981 17,462,906 14,803,075 32,265,981 Page 2 August 2016 Position Report
Destinations >250,000 lbs. are reported Global 2016/17 Percent vs. 2016/2017 - Current 2016/2017 - YTD 2015/2016 - Current 2015/2016 - YTD Current Month - August 2016 August 1st through August 31st Current Month - August 2015 August 1st through August 31st YTD Total 2015/16 WORLD REGION NKW Month NKW Month NKW Month NKW YTD Shipments + / - DESTINATION SHELLED Inshell Total SHELLED Inshell Total SHELLED Inshell Total SHELLED Inshell Total -3% Belgium 1,346,000 0 1,346,000 1,346,000 0 1,346,000 1,390,164 0 1,390,164 1,390,164 0 1,390,164 91% Denmark 836,000 0 836,000 836,000 0 836,000 437,900 0 437,900 437,900 0 437,900 9% France 1,580,266 0 1,580,266 1,580,266 0 1,580,266 1,444,405 0 1,444,405 1,444,405 0 1,444,405 87% Germany 11,177,687 0 11,177,687 11,177,687 0 11,177,687 5,991,751 0 5,991,751 5,991,751 0 5,991,751 70% Greece 484,000 33,251 517,251 484,000 33,251 517,251 304,000 0 304,000 304,000 0 304,000 46% Italy 4,169,800 31,500 4,201,300 4,169,800 31,500 4,201,300 2,851,535 28,220 2,879,755 2,851,535 28,220 2,879,755-16% Netherlands 2,409,529 0 2,409,529 2,409,529 0 2,409,529 2,877,256 0 2,877,256 2,877,256 0 2,877,256 46% Norway 1,110,690 0 1,110,690 1,110,690 0 1,110,690 760,450 0 760,450 760,450 0 760,450 44% Spain 13,220,585 59,453 13,280,038 13,220,585 59,453 13,280,038 9,178,500 60,912 9,239,412 9,178,500 60,912 9,239,412 50% Sweden 783,500 0 783,500 783,500 0 783,500 524,000 0 524,000 524,000 0 524,000-17% United Kingdom 1,798,567 0 1,798,567 1,798,567 0 1,798,567 2,168,217 0 2,168,217 2,168,217 0 2,168,217 23% 39% Ttl. WESTERN EUROPE 39,348,363 124,204 39,472,567 39,348,363 124,204 39,472,567 28,354,036 89,132 28,443,168 28,354,036 89,132 28,443,168 150% Estonia 440,000 0 440,000 440,000 0 440,000 176,000 0 176,000 176,000 0 176,000 1% 2% l. CENTRAL/EASTERN EUROPE 1,229,224 0 1,229,224 1,229,224 0 1,229,224 1,200,200 0 1,200,200 1,200,200 0 1,200,200 37% TOTAL EUROPE 40,577,587 124,204 40,701,791 40,577,587 124,204 40,701,791 29,554,236 89,132 29,643,368 29,554,236 89,132 29,643,368 MIDDLE EAST -9% Israel 286,000 0 286,000 286,000 0 286,000 282,525 31,577 314,102 282,525 31,577 314,102 9% Jordan 237,500 31,500 269,000 237,500 31,500 269,000 247,000 0 247,000 247,000 0 247,000-56% Saudi Arabia 609,950 0 609,950 609,950 0 609,950 1,401,750 0 1,401,750 1,401,750 0 1,401,750 1106% Turkey 479,800 2,932,745 3,412,545 479,800 2,932,745 3,412,545 220,000 63,000 283,000 220,000 63,000 283,000 3% United Arab Emirates 2,260,450 289,675 2,550,125 2,260,450 289,675 2,550,125 2,070,500 412,241 2,482,741 2,070,500 412,241 2,482,741 47% Ttl. MIDDLE EAST 4,051,486 3,253,920 7,305,406 4,051,486 3,253,920 7,305,406 4,447,899 506,818 4,954,717 4,447,899 506,818 4,954,717 NORTH AFRICA 68% Algeria 440,000 0 440,000 440,000 0 440,000 262,000 0 262,000 262,000 0 262,000-4% Ttl. NORTH AFRICA 527,950 0 527,950 527,950 0 527,950 386,000 164,434 550,434 386,000 164,434 550,434 SUB-SAHARAN AFRICA -21% South Africa 371,250 0 371,250 371,250 0 371,250 472,640 0 472,640 472,640 0 472,640-14% Ttl. SUB-SAHARAN AFRICA 407,750 0 407,750 407,750 0 407,750 472,640 0 472,640 472,640 0 472,640 5% 38% TTL MIDDLE EAST/AFRICA 4,987,186 3,253,920 8,241,106 4,987,186 3,253,920 8,241,106 5,306,539 671,252 5,977,791 5,306,539 671,252 5,977,791 54% TOTAL EXPORTS: 69,310,415 41,907,140 111,217,555 69,310,415 41,907,140 111,217,555 56,625,046 15,563,459 72,188,505 56,625,046 15,563,459 72,188,505 35% 9% TOTAL DOMESTIC: 58,799,998 58,799,998 53,976,837 53,976,837 100% 35% GRAND TOTAL SHIPMENTS: 170,017,553 170,017,553 126,165,342 126,165,342 Page 2 August 2016 Position Report
Variety Name Almond Board of California Quality Control Receipts Report Industry Summary August 1, 2016 through August 31, 2016 From ABC Form 1 From USDA Inspection Certificates Total Receipts Total Receipts Total Inedibles % of Total Receipts % Rejects Aldrich 1,959,966 1,529,517 16,047 0.55% 1.05% Avalon 228,524 213,254 8,697 0.06% 4.08% Butte 1,270,054 575,048 3,352 0.35% 0.58% Butte/Padre 2,594,837 2,400,633 13,135 0.72% 0.55% Carmel 1,163,745 877,664 7,440 0.32% 0.85% Carrion 0 0 0 Folsom 47,245 66,754 1,914 0.01% 2.87% Fritz 465 0 0 Hash 504,241 48,877 14,701 0.14% 30.08% Hashem 0 29,860 383 0.00% 1.28% Independence 8,209,011 6,490,809 93,225 2.28% 1.44% Livingston 136,513 4,311 156 0.04% 3.62% Marchini 0 0 0 Marcona 20,602 0 0 0.01% 0.00% Mission 0 0 0 Mixed 732,225 1,784,521 120,229 0.20% 6.74% Mono 86,577 11,733 293 0.02% 2.50% Monterey 240,492 113,172 1,049 0.07% 0.93% Morley 0 0 0 Neplus 12,063 6,376 87 0.00% 1.36% Nonpareil 334,979,311 247,111,106 3,366,023 93.20% 1.36% Padre 1,676,972 1,003,055 6,883 0.47% 0.69% Peerless 41,714 0 0 0.01% 0.00% Price 1,198,866 903,926 5,911 0.33% 0.65% Ruby 0 0 0 Sonora 1,679,338 5,294,156 126,811 0.47% 2.40% Supareil 19,656 10,866 113 0.01% 1.04% Tokyo 118,668 118,668 1,374 0.03% 1.16% Winters 128,891 0 0 0.04% 0.00% Wood Colony 2,320,404 2,018,517 21,845 0.65% 1.08% Major Varieties Sub Total: 359,370,380 270,612,823 3,809,668 99.99% 1.41% Minor Varieties Total: 48,223 33,499 1,707 0.01% 5.10% Grand Total All Varieties 359,418,603 270,646,322 3,811,375 100.00% 1.41% This report is subject to further verification of handler's receipts and further reconciliation of USDA incoming certificates Friday, September 9, 2016
Almond Board of California Record Breaking History Million Pounds Domestic 16/17 vs. 15/16 16/17 15/16 14/15 13/14 12/13 11/12 10/11 09/10 08/09 07/08 August 8.9% 58.80 53.98 51.14 50.67 48.28 43.54 45.77 39.06 33.29 34.85 September 50.60 48.48 49.63 37.29 42.50 38.13 34.04 36.54 33.98 October 50.50 64.23 59.42 61.10 51.69 49.01 44.38 43.30 41.28 November 48.80 51.56 58.86 54.45 53.40 45.17 35.94 31.05 41.80 December 42.82 48.13 47.14 39.15 36.64 40.62 33.88 27.75 23.96 January 44.99 53.07 52.25 44.65 38.02 37.09 34.12 25.50 29.11 February 51.11 49.27 54.47 43.18 38.74 32.36 34.45 35.52 29.25 March 41.70 56.26 57.01 52.20 48.49 43.30 36.90 36.30 32.70 April 50.95 58.74 50.87 51.36 45.45 39.93 37.27 32.14 33.09 May 53.36 52.35 54.64 54.31 53.72 42.79 39.25 33.00 27.89 June 53.36 54.31 53.35 51.28 49.61 39.40 39.68 37.21 33.57 July 51.03 51.86 53.50 51.15 44.90 36.12 40.53 39.38 33.29 Total 58.80 593.18 639.39 641.80 588.40 546.71 489.68 449.50 410.98 394.76 Export 16/17 vs. 15/16 16/17 15/16 14/15 13/14 12/13 11/12 10/11 09/10 08/09 07/08 August 54.1% 111.22 72.19 90.55 97.26 91.37 67.99 79.75 84.69 63.39 59.85 September 92.37 114.55 127.48 118.56 123.67 113.00 100.24 100.67 88.01 October 112.08 140.41 169.19 159.93 167.87 140.11 123.67 114.28 118.67 November 91.72 94.00 139.58 129.54 159.69 128.22 109.52 87.19 87.72 December 92.60 100.00 110.46 120.10 120.56 120.35 113.60 65.87 70.58 January 84.25 62.30 108.03 111.87 115.66 82.74 88.00 67.10 68.01 February 103.94 90.71 94.87 116.83 111.11 83.32 81.05 80.95 56.72 March 119.38 133.88 94.28 88.44 124.05 87.14 70.41 69.95 58.32 April 116.59 92.36 86.85 78.16 103.07 86.44 68.40 79.64 62.49 May 124.71 87.25 89.09 77.25 91.70 87.63 52.72 86.39 60.61 June 120.66 96.49 99.48 86.00 91.72 95.60 58.09 81.23 69.15 July 87.55 70.65 79.01 100.01 74.82 73.57 71.55 81.71 66.27 Total 111.22 1,218.04 1,173.13 1,295.57 1,278.05 1,351.90 1,177.89 1,021.95 978.35 866.39 Net 16/17 vs. 15/16 16/17 15/16 14/15 13/14 12/13 11/12 10/11 09/10 08/09 07/08 August 34.8% 170.02 126.17 141.69 147.93 139.65 111.53 125.52 123.76 96.68 94.70 September 142.98 163.02 177.11 155.85 166.18 151.13 134.28 137.21 121.99 October 162.58 204.64 228.61 221.03 219.55 189.12 168.05 157.58 159.95 November 140.52 145.56 198.45 183.99 213.10 173.39 145.46 118.24 129.52 December 135.42 148.14 157.60 159.24 157.21 160.97 147.48 93.63 94.54 January 129.24 115.37 160.27 156.52 153.68 119.83 122.11 92.60 97.12 February 155.05 139.98 149.34 160.02 149.85 115.68 115.50 116.47 85.98 March 161.08 190.14 151.29 140.64 172.54 130.44 107.32 106.25 91.02 April 167.55 151.09 137.72 129.52 148.52 126.37 105.68 111.78 95.58 May 178.07 139.60 143.73 131.56 145.42 130.42 91.97 119.39 88.50 June 174.01 150.80 152.82 137.28 141.32 135.00 97.77 118.44 102.72 July 138.58 122.51 132.51 151.16 119.72 109.69 112.08 121.09 99.55 Total 170.02 1,811.23 1,812.53 1,937.38 1,866.45 1,898.62 1,667.57 1,471.46 1,389.34 1,261.16 August 2016 Position Report