Forecast Million Lbs. % Change 1. Carryin August 1, ,677, ,001, % PDF Free Download

Almond Industry Position Report JANUARY 2018 2017-2018 Crop Year Salable Forecast Million Lbs. 2017-2018 08/01-01/31 Kernel Wt. 2016-2017 08/01-01/31 Kernel Wt. % Change 1. Carryin August 1, 2017 398.7 398,677,112 412,001,125-3.23% 2. Crop Receipts to Date 2,250.0 2,242,586,076 2,108,202,051 6.37% 3. [2% Loss and Exempt] 45.0 (44,851,722) (42,164,041) 4. New Crop Marketable (2-3) 2,205.0 2,197,734,354 2,066,038,010 6.37% 5. [Reserve] n/a 0 0 6. Total Supply (1+4-5) 2,603.7 2,596,411,466 2,478,039,135 4.7 Shipments by Handlers 7. Domestic 700.0 355,876,944 335,816,757 5.97% 8. Export 1,500.0 876,286,598 780,836,205 12.22% 9. Total Shipments 2,200.0 1,232,163,542 1,116,652,962 10.34% 10. Forecasted Carryout 403.7 11. Computed Inventory (6-9) 1,364,247,924 1,361,386,173 0.21% Commitments (sold, not delivered)** 12. Domestic 13. Export 14. Total Committed Shipments 252,782,472 348,839,107 601,621,579 212,859,858 278,351,782 491,211,640 18.76% 25.32% 22.4 15. Uncommitted Inventory (11-14) 762,626,345 870,174,533-12.36% Handlers reporting commitments represent 97% of the 2016/2017 crop MONTHLY REPORT OF SALABLE HANDLER SHIPMENTS 2017-2018 Crop Year 2016-2017 Crop Year 01/01-01/31 08/01-01/31 01/01-01/31 08/01-01/31 DOMESTIC Shelled 38,769,556 224,461,757 38,620,068 224,509,034 Manufactured 24,429,215 144,449,884 21,552,449 128,784,601 Products 634,291 3,512,391 (9,581) 1,710,393 Inshell 230,404 3,791,125 241,221 3,764,928 (Interhandler Transfers) (1,315,540) (7,593,378) (2,139,319) (11,938,423) (Industry Purchases) (2,564,183) (12,744,835) (978,094) (11,013,776) Total: 60,183,743 355,876,944 29% 57,286,744 335,816,757 30% EXPORT Shelled 101,405,500 536,162,904 78,754,900 493,714,694 Manufactured 10,837,114 73,376,325 9,527,283 62,147,024 Products 225,125 757,627 15,575 114,945 Inshell 20,851,758 265,989,742 20,212,112 224,859,542 Total: 133,319,497 876,286,598 71% 108,509,870 780,836,205 70% NET SHIPMENTS 193,503,240 1,232,163,542 100% 165,796,614 1,116,652,962 100% EXEMPT/INEDIBLE SHIPMENTS 3,401,943 7,719,895 0 3,536,208 Source: ABC Form 25 February 09, 2018

Global 2017/18 2017-2018 - Current 2017-2018 - 2016-2017 - Current 2016-2017 - Percent vs. Current Month - January, 2018 August 1 through January 31, 2018 Current Month - January, 2017 August 1 through January 31, 2017 Destination > 250,000 LBS. Current are reported Total 2016/17 World Region Month Month Shiments Destination SHELLED INSHELL TOTAL SHELLED INSHELL TOTAL SHELLED INSHELL TOTAL SHELLED INSHELL TOTAL + / - 84% 16% 100% 70% 30% 100% 81% 19% 100% 71% 29% 100% NORTH AMERICA 3% Canada 4,805,438 0 4,805,438 28,471,019 37,135 28,508,154 4,224,215 0 4,224,215 27,583,142 42,420 27,625,562 Mexico 1,205,557 0 1,205,557 11,369,887 0 11,369,887 1,335,040 0 1,335,040 10,481,108 2,100 10,483,208 5% Ttl NORTH AMERICA 6,010,995 0 6,010,995 39,897,866 37,135 39,935,001 5,565,735 0 5,565,735 38,077,210 44,520 38,121,730 LATIN AMERICA/CARIBBEAN 96% Argentina 233,475 0 233,475 1,513,819 17,073 1,530,892 326,000 0 326,000 774,350 8,309 782,659 117% Brazil 264,000 0 264,000 2,196,254 32,409 2,228,663 74,400 0 74,400 1,019,813 8,201 1,028,014 16% Chile 1,056,464 0 1,056,464 3,567,314 0 3,567,314 281,000 0 281,000 3,070,546 0 3,070,546 20% Colombia 173,080 0 173,080 1,328,770 0 1,328,770 114,100 0 114,100 1,109,080 0 1,109,080 22% Costa Rica 44,000 0 44,000 404,200 0 404,200 68,275 0 68,275 330,275 0 330,275 12% Peru 180,500 0 180,500 934,000 0 934,000 117,000 0 117,000 832,000 0 832,000 56% Trinidad 133,000 0 133,000 318,500 0 318,500 55,750 0 55,750 204,750 0 204,750 41% Ttl LATIN AMERICA/CARIBB 2,170,026 0 2,170,026 10,834,055 81,954 10,916,009 1,131,340 0 1,131,340 7,682,595 50,764 7,733,359 4% 11% Total AMERICAS 8,181,021 0 8,181,021 50,731,921 119,089 50,851,010 6,697,075 0 6,697,075 45,759,805 95,284 45,855,089 NORTHEAST ASIA 12% China/Hongkong 6,687,974 2,276,658 8,964,632 63,516,606 57,781,624 121,298,230 2,308,302 1,560,923 3,869,225 57,389,807 50,698,544 108,088,351 Japan 7,946,429 432 7,946,861 37,804,642 160,197 37,964,839 6,693,040 210 6,693,250 34,965,980 170,291 35,136,271 7% South Korea 4,937,357 0 4,937,357 26,885,145 0 26,885,145 3,908,452 0 3,908,452 25,188,662 0 25,188,662-11% Taiwan 1,134,000 0 1,134,000 6,088,122 322,633 6,410,755 1,277,250 0 1,277,250 6,933,397 250,713 7,184,110 10% Ttl NORTHEAST ASIA 20,705,760 2,277,090 22,982,850 134,294,515 58,264,454 192,558,969 14,187,044 1,561,133 15,748,177 124,481,446 51,119,548 175,600,994 SOUTHEAST ASIA 3% Indonesia 286,250 0 286,250 1,316,651 0 1,316,651 174,500 0 174,500 1,274,081 0 1,274,081-7% Malaysia 408,128 0 408,128 2,777,598 0 2,777,598 723,100 0 723,100 2,985,650 0 2,985,650-4% Philippines 28,332 0 28,332 278,733 0 278,733 18,000 0 18,000 291,817 0 291,817 1% Singapore 339,040 0 339,040 2,282,668 61,812 2,344,480 230,223 31,054 261,277 2,285,801 31,054 2,316,855 6% Thailand 317,625 0 317,625 2,139,425 0 2,139,425 212,250 0 212,250 2,019,385 0 2,019,385-1% Vietnam 1,110,600 1,542,101 2,652,701 7,931,903 28,389,827 36,321,730 176,178 366,147 542,325 3,611,128 33,069,787 36,680,915-1% Ttl SOUTHEAST ASIA 2,490,195 1,542,101 4,032,296 16,727,307 28,451,639 45,178,946 1,534,251 397,201 1,931,452 12,478,862 33,100,841 45,579,703 SOUTH/CENTRAL ASIA 0% Afghanistan 88,000 0 88,000 349,000 25,538 374,538 0 0 0 0 0 0 33% India 1,068,800 13,841,752 14,910,552 4,306,301 141,024,087 145,330,388 284,295 14,776,309 15,060,604 3,491,062 106,134,596 109,625,658 841% Kazakhstan 1,362,900 63,000 1,425,900 4,746,300 183,083 4,929,383 0 0 0 524,000 0 524,000-24% Pakistan 620,000 739,294 1,359,294 3,060,800 4,869,497 7,930,297 2,022,000 1,175,795 3,197,795 4,994,700 5,437,083 10,431,783-53% Tajikistan 0 0 0 791,950 0 791,950 834,200 0 834,200 1,668,550 0 1,668,550 30% Ttl SOUTH/CENTRAL ASIA 3,227,700 14,644,046 17,871,746 13,496,471 146,102,205 159,598,676 3,140,495 15,952,104 19,092,599 10,751,312 111,571,679 122,322,991 AUSTRALASIA/OCEANIA 44% Australia 456,628 0 456,628 1,968,728 0 1,968,728 146,690 0 146,690 1,355,049 8,672 1,363,721 39% New Zealand 431,520 0 431,520 2,054,835 0 2,054,835 284,500 0 284,500 1,480,199 0 1,480,199 42% Ttl AUSTRALASIA/OCEANIA 888,148 0 888,148 4,045,768 0 4,045,768 436,190 0 436,190 2,841,699 8,672 2,850,371 33% 16% Total ASIA-PACIFIC 27,311,803 18,463,237 45,775,040 168,564,061 232,818,298 401,382,359 19,297,980 17,910,438 37,208,418 150,553,319 195,800,740 346,354,059

Global 2017/18 2017-2018 - Current 2017-2018 - 2016-2017 - Current 2016-2017 - Percent vs. Current Month - January, 2018 August 1 through January 31, 2018 Current Month - January, 2017 August 1 through January 31, 2017 Total 2016/17 World Region Month Month Shiments Destination SHELLED INSHELL TOTAL SHELLED INSHELL TOTAL SHELLED INSHELL TOTAL SHELLED INSHELL TOTAL + / - 84% 16% 100% 70% 30% 100% 81% 19% 100% 71% 29% 100% WESTERN EUROPE 19% Belgium 3,367,900 0 3,367,900 10,916,600 0 10,916,600 1,640,925 0 1,640,925 9,106,453 58,083 9,164,536 10% Denmark 968,000 0 968,000 4,683,350 0 4,683,350 858,075 0 858,075 4,262,108 0 4,262,108 23% France 3,995,836 0 3,995,836 16,333,852 17,010 16,350,862 2,870,875 0 2,870,875 13,259,175 16,835 13,276,010 12% Germany 13,683,615 0 13,683,615 66,771,722 0 66,771,722 13,021,824 30,600 13,052,424 59,453,879 93,794 59,547,673 Greece 927,450 0 927,450 5,864,093 41,424 5,905,517 798,200 191,700 989,900 5,187,814 290,381 5,478,195 53% Ireland 24,000 0 24,000 396,000 0 396,000 0 0 0 258,164 0 258,164 13% Italy 7,138,602 307,988 7,446,590 35,140,102 1,656,364 36,796,466 4,849,050 185,413 5,034,463 31,819,227 866,680 32,685,907 Netherlands 4,964,089 0 4,964,089 28,403,645 0 28,403,645 4,553,674 0 4,553,674 26,304,501 0 26,304,501 2% Norway 455,000 0 455,000 3,719,630 0 3,719,630 443,578 0 443,578 3,663,068 0 3,663,068 94% Portugal 387,000 0 387,000 1,838,450 0 1,838,450 132,000 0 132,000 948,589 0 948,589 4% Spain 18,757,261 30,600 18,787,861 97,339,546 833,386 98,172,932 16,743,825 503,311 17,247,136 92,975,698 1,621,465 94,597,163 23% Sweden 1,088,000 0 1,088,000 3,415,550 0 3,415,550 220,000 0 220,000 2,773,550 0 2,773,550-1 Switzerland 300,000 0 300,000 1,708,500 0 1,708,500 428,000 0 428,000 2,076,500 0 2,076,500 1 United Kingdom 3,416,628 0 3,416,628 19,862,704 30,775 19,893,479 3,091,842 0 3,091,842 16,819,997 0 16,819,997 10% -11% Ttl WESTERN EUROPE CENTRAL/EASTERN EUROPE Bulgaria 59,474,690 176,000 338,588 0 59,813,278 176,000 296,772,453 1,304,000 2,578,959 0 299,351,412 1,304,000 49,695,868 265,000 911,024 0 50,606,892 265,000 269,139,698 1,461,474 2,947,238 0 272,086,936 1,461,474 19% Croatia 124,000 0 124,000 1,271,050 0 1,271,050 123,850 0 123,850 1,067,850 0 1,067,850 30% Czech Republic 220,000 0 220,000 1,142,900 0 1,142,900 44,000 0 44,000 879,850 0 879,850 9 Estonia 924,000 0 924,000 5,403,200 63,347 5,466,547 571,600 0 571,600 2,766,800 0 2,766,800 236% Latvia 257,000 0 257,000 1,899,950 31,316 1,931,266 81,450 0 81,450 574,250 0 574,250 70% Lithuania 484,000 0 484,000 2,287,000 0 2,287,000 308,000 0 308,000 1,346,000 0 1,346,000 39% Poland 250,400 0 250,400 2,191,800 0 2,191,800 210,200 0 210,200 1,579,400 0 1,579,400-45% Romania 125,000 0 125,000 463,000 0 463,000 220,000 0 220,000 848,000 0 848,000-11% Russia 0 0 0 348,350 0 348,350 84,000 0 84,000 392,000 0 392,000 16 Ukraine 196,000 0 196,000 812,500 122,400 934,900 36,000 0 36,000 348,500 0 348,500 4 Ttl CENTRAL/EASTERN EURO 2,886,400 0 2,886,400 18,153,750 217,063 18,370,813 2,120,100 0 2,120,100 12,413,224 0 12,413,224 26% 12% Total EUROPE 62,361,090 338,588 62,699,678 314,926,203 2,796,022 317,722,225 51,815,968 911,024 52,726,992 281,552,922 2,947,238 284,500,160-24% MIDDLE EAST Bahrain 114,000 0 114,000 398,014 8,841 406,855 63,375 0 63,375 529,586 6,213 535,799 52% Cyprus 88,000 0 88,000 577,000 0 577,000 36,000 0 36,000 378,400 0 378,400 66% Iraq 72,000 0 72,000 348,000 0 348,000 36,000 0 36,000 210,000 0 210,000 21% Israel 990,050 53,183 1,043,233 5,348,385 149,042 5,497,427 742,750 63,136 805,886 4,454,750 95,923 4,550,673 3% Jordan 802,000 47,925 849,925 4,634,525 408,321 5,042,846 236,000 58,185 294,185 4,390,275 498,171 4,888,446-29% Kuwait 472,500 0 472,500 1,564,725 15,429 1,580,154 176,000 0 176,000 2,191,350 33,525 2,224,875 27% Lebanon 264,000 0 264,000 3,625,525 3,390 3,628,915 898,000 0 898,000 2,864,400 0 2,864,400 64% Qatar 0 0 0 763,500 0 763,500 87,000 0 87,000 465,000 0 465,000-30% Saudi Arabia 1,977,500 150,104 2,127,604 7,637,300 372,967 8,010,267 1,801,034 79,533 1,880,567 11,175,094 258,656 11,433,750 4% Turkey 3,834,075 1,065,471 4,899,546 14,126,319 21,804,062 35,930,381 646,700 893,285 1,539,985 14,226,110 20,350,995 34,577,105 13% United Arab Emirates 4,673,650 633,110 5,306,760 31,636,103 7,376,141 39,012,244 4,885,700 279,469 5,165,169 29,942,936 4,672,863 34,615,799 4% -49% Ttl MIDDLE EAST NORTH AFRICA Egypt 13,287,775 220,000 1,949,793 68,190 15,237,568 288,190 70,746,396 732,000 30,138,193 86,190 100,884,589 818,190 9,608,559 199,225 1,373,608 17,042 10,982,167 216,267 70,827,901 1,498,225 25,916,346 99,934 96,744,247 1,598,159 256% Libya 0 0 0 256,000 0 256,000 72,000 0 72,000 72,000 0 72,000 217% Morocco 349,950 0 349,950 833,950 0 833,950 176,000 0 176,000 263,000 0 263,000-4 11% Ttl NORTH AFRICA SUB-SAHARAN AFRICA South Africa 833,950 492,100 100,140 0 934,090 492,100 2,176,335 3,036,190 118,140 0 2,294,475 3,036,190 623,225 254,951 17,042 0 640,267 254,951 4,333,675 2,723,291 99,934 0 4,433,609 2,723,291 7% Ttl SUB-SAHARAN AFRICA 492,100 0 492,100 3,151,940 0 3,151,940 254,951 0 254,951 2,949,041 0 2,949,041 9% 2% Total MIDDLE EAST/AFRICA 14,613,825 2,049,933 16,663,758 76,074,671 30,256,333 106,331,004 10,486,735 1,390,650 11,877,385 78,110,617 26,016,280 104,126,897

Almond Board of California Almond Board Quality Control Receipts Report Industry Summary August 1, 2017 through January 31, 2018 From ABC Form 1 From USDA Inspection Certificates Variety Name Total Receipts Total Receipts Total Inedibles % of Total Receipts % Rejects Aldrich 70,573,670 70,258,777 1,919,782 3.15% 2.73% Avalon 6,983,695 6,930,659 387,660 0.31% 5.59% Butte 93,204,077 91,980,580 1,492,849 4.16% 1.62% Butte/Padre 241,997,907 241,094,092 3,214,828 10.79% 1.33% Carmel 132,509,644 127,324,352 3,260,381 5.91% 2.56% Carrion 376,824 315,162 6,843 0.02% 2.17% Folsom 1,423,401 1,419,532 28,035 0.06% 1.97% Fritz 106,566,543 105,710,272 2,858,405 4.75% 2.70% Hash 8,308,255 3,760,936 379,850 0.37% 10.10% Hashem 97,050 97,001 1,586 0.00% 1.64% Independence 55,730,033 55,723,030 1,331,802 2.49% 2.39% Livingston 5,551,463 5,452,877 154,135 0.25% 2.83% Marchini 393,598 397,756 27,433 0.02% 6.90% Marcona 2,105,621 1,320,402 30,419 0.09% 2.30% Merced 88,145 48,621 896 0.00% 1.84% Mission 10,784,953 10,900,823 92,871 0.4 0.85% Mixed 36,125,826 48,604,650 3,854,771 1.61% 7.93% Mono 317,279 201,141 11,528 0.01% 5.73% Monterey 363,200,304 359,278,978 10,009,365 16.20% 2.79% Morley 534,245 599,581 8,092 0.02% 1.35% Neplus 765,995 721,640 37,119 0.03% 5.14% Nonpareil 915,525,442 904,813,915 20,756,941 40.82% 2.29% Padre 33,523,645 33,839,011 223,747 1.49% 0.66% Peerless 3,874,040 3,843,340 40,495 0.17% 1.05% Price 20,732,168 19,599,113 385,465 0.92% 1.97% Ruby 2,280,364 2,300,865 40,015 0.10% 1.74% Savana 280,864 136,739 3,176 0.01% 2.32% Sonora 31,235,956 31,132,677 1,095,054 1.39% 3.52% Supareil 4,040,239 4,037,234 95,259 0.1 2.36% Thompson 509,136 209,542 6,702 0.02% 3.20% Tokyo 380,013 374,886 5,582 0.02% 1.49% Winters 9,442,703 9,278,120 384,294 0.42% 4.14% Wood Colony 82,047,227 81,028,545 1,491,569 3.66% 1.84% Major Varieties Sub Total 2,241,510,325 2,222,734,849 53,636,949 99.95% 2.41% Minor Varieties Sub Total 1,075,751 970,159 20,678 0.05% 2.13% Grand Total All Varieties 2,242,586,076 2,223,705,008 53,657,627 100.00% 2.41% This report is subject to futher verification of handler's receipts and futher reconciliation of USDA Incoming Certificates Friday, February 9, 2018

Almond Board of California Record Breaking History Million Pounds Domestic 17/18 vs. 16/17 17/18 16/17 15/16 14/15 13/14 12/13 11/12 10/11 9/10 8/9 August 14.4% 67.25 58.80 53.98 51.14 50.67 48.28 43.54 45.77 39.06 33.29 September -13.3% 50.44 58.20 50.60 48.48 49.63 37.29 42.50 38.13 34.04 36.54 October 6.3% 63.91 60.11 50.50 64.23 59.42 61.10 51.69 49.01 44.38 43.30 November 17.0% 61.12 52.25 48.80 51.56 58.86 54.45 53.40 45.17 35.94 31.05 December 7.7% 52.97 49.17 42.82 48.13 47.14 39.15 36.64 40.62 33.88 27.75 January 5.0% 60.18 57.29 44.99 53.07 52.25 44.65 38.02 37.09 34.12 25.50 February 51.81 51.11 49.27 54.47 43.18 38.74 32.36 34.45 35.52 March 56.20 41.70 56.26 57.01 52.20 48.49 43.30 36.90 36.30 April 50.77 50.95 58.74 50.87 51.36 45.45 39.93 37.27 32.14 May 58.60 53.36 52.35 54.64 54.31 53.72 42.79 39.25 33.00 June 65.30 53.36 54.31 53.35 51.28 49.61 39.40 39.68 37.21 July 57.47 51.03 51.86 53.50 51.15 44.90 36.11 40.53 39.38 Total 5.97% 355.87 675.97 593.20 639.40 641.81 588.40 546.70 489.68 449.50 410.98 Export 17/18 vs. 16/17 17/18 16/17 15/16 14/15 August -8.9% 101.32 111.22 72.19 90.55 97.26 91.37 67.99 79.75 84.69 63.39 September -2.2% 140.14 143.36 92.38 114.55 127.48 118.56 123.67 113.00 100.24 100.67 October 4.1% 182.58 175.44 112.08 140.41 169.19 159.93 167.87 140.11 123.67 114.28 November 23.7% 167.34 135.26 91.72 94.00 139.58 129.54 159.69 128.22 109.52 87.19 December 41.6% 151.59 107.05 92.60 100.00 110.46 120.10 120.56 120.35 113.60 65.87 January 22.9% 133.32 108.51 84.25 62.30 108.03 111.87 115.66 82.74 88.00 67.10 February 100.46 103.94 90.71 94.87 116.83 111.11 83.32 81.05 80.95 March 121.99 119.38 133.88 94.28 88.44 124.05 87.14 70.41 69.95 April 101.21 116.59 92.36 86.85 78.16 103.07 86.44 68.40 79.64 May 112.09 124.71 87.25 89.09 77.25 91.70 87.63 52.72 86.39 June 111.75 120.66 96.49 99.48 86.00 91.72 95.60 58.08 81.23 July 96.49 87.55 70.65 79.01 100.01 74.82 73.57 71.55 81.71 Total 12.22% 13/14 876.29 1,424.83 1,218.05 1,173.15 1,295.58 1,278.06 1,351.91 1,177.87 1,021.93 978.37 12/13 11/12 10/11 9/10 8/9 Net 17/18 vs. 16/17 17/18 16/17 15/16 14/15 August -0.9% 168.57 170.02 126.17 141.69 147.93 139.65 111.53 125.52 123.76 96.68 September -5.4% 190.58 201.56 142.98 163.02 177.11 155.85 166.18 151.13 134.28 137.21 October 4.6% 246.49 235.55 162.58 204.64 228.61 221.03 219.55 189.12 168.05 157.58 November 21. 228.46 187.51 140.52 145.56 198.45 183.99 213.10 173.39 145.46 118.24 December 30.9% 204.56 156.22 135.42 148.14 157.60 159.24 157.21 160.97 147.48 93.63 January 16.7% 193.50 165.80 129.24 115.37 160.27 156.52 153.68 119.83 122.11 92.60 February 152.26 155.05 139.98 149.34 160.02 149.85 115.68 115.50 116.47 March 178.19 161.08 190.14 151.29 140.64 172.54 130.44 107.32 106.25 April 151.98 167.55 151.09 137.72 129.52 148.52 126.37 105.68 111.78 May 170.69 178.07 139.60 143.73 131.56 145.42 130.42 91.97 119.39 June 177.05 174.01 150.80 152.82 137.28 141.32 135.00 97.77 118.44 July 153.97 138.58 122.51 132.51 151.16 119.72 109.69 112.08 121.09 Total 10.34% 13/14 1,232.16 2,100.80 1,811.25 1,812.54 1,937.38 1,866.46 1,898.62 1,667.56 1,471.46 1,389.36 12/13 11/12 10/11 9/10 8/9

Forecast Million Lbs. % Change 1. Carryin August 1, ,677, ,001, % 45.0