tom stevenson president farming...
TRANSCRIPT
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Tom StevensonPresident
Farming Division
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OUR FUTURE DEPENDS ON US
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WHERE DO YOU LIVE?•In the Past?
•In the Present?
•In the Future?
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PAST TO PRESENT - IDusting Pecan tree with Mule
PowerCurrent Spraying Technology
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PAST TO PRESENT - IIShaking Pecan Trees onto Canvas Modern Pecan Harvester
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THE FUTURE – ON THE WAYDriverless Tractor Driverless Air Blast Sprayer
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The Future, with an estimated 200,000 new acres in the past 10 years in North America
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WHERE WILL OUR MARKETS BE?ASIA, INDIA, AFRICA, EUROPE, UNITED STATES?
Potentially One Billion Pounds in 5-10 years in No. America.
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PECAN MARKETING IN THE FUTURE
•Cash to the grower?
•Grower pools?
•Co-ops?
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SUPPLY AND DEMAND• Pecans are a global commodity DEPENDANT ON EXPORTS.
• Almonds are reportedly now beginning to have trouble maintaining pricing as the thousands of new acres recently planted are coming
into full production.
• Our ability to export is dependent on politics and pricing.
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GROWER ORGANIZATIONS•American Pecan Board
•US Pecan Council•Regional Grower Organizations•State Grower Organizations and
Commodity Boards•Can they keep up?
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VERTICAL INTEGRATION• Large companies that grow, process and market are
here and expanding rapidly.
• Price competition to a point.
• Ability to sit on the side lines.
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WHAT CAN THEY DO BETTER?• Economies of scale in selling and buying.
• Afford to invest in new technology.• On the farm.• In the plant.
• Sales
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LABOR•Immigration.•Local labor.
•Robots.•Driverless equipment.
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WAGES AND WORK HOURS• Higher minimum wages.
• Loss of overtime exemption.• Once a few more states start chipping at the wall, more will
follow, as will the federal government.
•WORKERS WILL MIGRATE TOHIGHER PAY AND LESS HOURS!
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IT’S THE BEGINNING OF THE WORLDNOT THE END!
• The future lies before us. The past is gone. Be pro-active.
• The present is the time when we can plan for our future.
• Someone once told me that 1% of the people in the world decide what happens, the second 1% make it happen and
the other 98% wonder what happened. Be part of the first 2% that plans what will happen and makes it happen, the
way you want to.