MORE INCOME FROM SIMILAR SIZE CROP1994 CROP ndash 2738 MILLION 42 LB UNITS2016 CROP ndash 2684 MILLION 42 LB UNITS
Comparing 1994 and 2016 crops - Season-Average Prices Received by Growers Inflation adjusted
2684 2738 CPI ADJ 2016M bu M bu to 2016 vs2016 1994 1994 1994 ADJ
All sales (cents per pound) 320 128 207 35Fresh consumption (cents per pound) 412 182 295 28All processing (dollars per ton) 2130 1120 1814 15Canned (dollars per ton) 2440 1480 2398 2Juice and cider (dollars per ton) 1630 897 1453 11Frozen (dollars per ton) 2440 1480 2398 2Dried (dollars per ton) 2020 820 1328 34Fresh slices (dollars per ton) 3900 na na naValue of Fresh Production (000) $3113626 $1207270 $1955777 36Value of Processing Production (000) $348834 $219318 $355295 -15Total Farm-Gate
Value of Production2 (000) $3462460 $1426588 $2311073 33Source USDANASS Noncitrus Fruits and Nuts Summary various years na = not available2 Total revenue to growers from fresh and processing sales Even after adjusting the 1994 crop for inflation
growers received 33 more from 2016 crop
33
101411
254648
257148
0
50000
100000
150000
200000
250000
300000
Apple Production (000s)Five Year Rolling Average 1943- 2017
(1994 ndash 98)
APPLE PRODUCTION (000 42 LB UNITS)5 YEAR ROLLING AVERAGE 1943-2017
INVENTORIES REFLECT MARKET ACTIVITYDRIVING VARIETY REBALANCING
bull 6 Years of Market News Inventories from November 1 and June 1 were analyzed
(Crop Years 2011 ndash 2016)
93
0
20
40
60
80
100
120
-
2
4
6
8
10
12
14
Red Granny Golden Gala Fuji Rome Cripps Pink Honeycrisp McIntoshJune 1 Inventory Moved
124 million
MARKET NEWS 6 YEAR VARIETY COMPARISONJUNE 1 INVENTORY AND NOVEMBER 1 ndash JUNE 1 MOVEMENT BY VARIETY
Nov ndash Jun Inventory Moved
June 1 Inventory (Millions 42 lb units)
Source USApple Market News
93
0
20
40
60
80
100
120
-
2
4
6
8
10
12
14
Red Granny Golden Gala Fuji Rome Cripps Pink Honeycrisp McIntoshJune 1 Inventory Moved
124 million
MARKET NEWS 6 YEAR VARIETY COMPARISONJUNE 1 INVENTORY AND NOVEMBER 1 ndash JUNE 1 MOVEMENT BY VARIETY
Nov ndash Jun Moved
June 1 Inventory (Millions 42 lb units)
Source USApple Market News
Red Delicious (6 year average)71 of Nov 1 Stocks Were Moved by June 1
29 of Nov 1 Inventory Remained on June 1
bull 6 Years of Market News Inventories from November 1 2016 and June 1 2017 were analyzed
bull Red Delicious June 1 inventory averaged 29 of November 1 inventory
bull Red Delicious June 1 2017 inventory represented 47 of all June 1 variety inventories (6 year avg was 38)
INVENTORIES REFLECT MARKET ACTIVITYMARKET NEWS INVENTORY ANALYSIS
US RED DELICIOUS PRODUCTION(MILLION 42-LB UNITS)
40
50
60
70
80
90
100
110
120
Source USApple F = Forecast
118
51 F
Chart1
1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 F
1151
883
104
1011
98
1062
1105
1182
1002
104
903
1094
827
907
69
63232
57786
72577
676
653076033015
563899514259
598048925521
579465009024
583
54156265065
559703398617
585914908112
607
502
645
508857977669
Sheet1
US GOLDEN DELICIOUS PRODUCTION(MILLION 42-LB UNITS)
15
20
25
30
35
40
Source USApple F = Forecast
195
41
Chart1
East
33
414
364
372
364
337
383
376
354
357
343
397
339
357
292
277
259
302
296109438144
282634063477
251856318376
249145043703
255705463086
251066791422
22
241
264682267007
221369937297
200553034435
195330910083
Sheet1
25
30
35
40
45
50
55
60
RED AND GOLDEN DELICIOUS AS A PERCENT OF TOTAL PRODUCTION
Source USApple
28
57
