1. Pecan Presentation March 25, 2014 Presented by Helen Watts Young Pecan, Inc.

2. Recap 2012/13 Supply and Consumption Look at Present Day 2013/14 Crop China Demand Global Supply

5. EXPORT CONSUMPTION

8. SOURCE: USDA-FAS MARCH 2013 2008-2013 AVERAGE: 57,638 METRIC TONS

9. Inshell Supply

10. Inshell Supply Challenges Moving Forward

12. Outlook for 2014 Better half to piece shellout ratios Continuation of recovery of domestic consumption Pecans advantageously priced against other tree nuts Shortage of larger sizes of pecan halves could occur as we move into second half of 2014 Price gap between halves and pieces is likely to continue through balance of this year Expect manageable carry-in with potential for larger 2014/15 crop production

13. Opportunities/Challenges Opportunities Greater interest from food manufacturers on new R&D projects Some retailers finally booking at the benefits of promoting pecan pieces in high demand periods Kernel exports continue to be strong Challenges Food Safety Modernization Act – Lumping tree nuts into Produce – FDA Risk Assessment China – How aggressive will they be Growing Global Supply – How do we increase demand

14. QUESTIONS?