Florida Citrus Mutual

TRI NGLEVolume 64, Edition 17, MAY 29, 2015

JUNE 17-19hyatt regency coconut point

FOR a full conference agenda as well as the 2015

EDUCATIONAL SESSION agenda, PLEASE SEE

PAGE 4.

The State Legislature will con-vene a special session on June 1 and FCM and the citrus industry plan to put on a full court press to get its 2015 priorities passed.

An industry contingency – FCC Chairman Marty McKenna, Mutual President Larry Black and Mutual CEO Mike Sparks – will travel to Tal-

lahassee on June 4 to meet with Rep. Ben Albritton. The group will discuss citrus’ legislative agenda and meet with leaders in both the House and the Senate as well as Agricul-

ture Commissioner Adam Putnam. “Representative Albritton is pushing hard on our behalf

and we appreciate all he does for the industry,” said Sparks. “In addition to Ben we have a lot of folks in Tallahassee who understand the importance of our industry and the challenges we face. So I feel optimistic our package will be well received.”

The citrus legislative agenda includes, $8 million for citrus research, $2.5 million in FDACS citrus crop decline funding, $7.8 million CHRP Funding, $750,000 for new variety research and $5.75 million to the Florida Depart-ment of Citrus for marketing programs.

Industry to Travel to Tallahassee During Special Session

We’re Looking Forwardto Seeing Everyone in Bonita Springs

at the 2015 Florida Citrus Industry

Annual Conference!

Mutual held a successful luncheon for U.S. Rep Vern Buch-anan (R-16) on May 26 at FCM headquarters in Lakeland. Bu-chanan, who sits on the House Ways and Means Committee, said he is going to push hard for a proposal that would allow growers to immediately expense the costs of acquiring, planting, cultivat-ing, maintaining and developing a citrus grove and the associated drainage, irrigation, and infrastructure costs for a temporary pe-riod of ten years.

Mutual would like to thank Vern for his support of the Florida citrus industry.

Fresh Citrus UpdateSeason Through 5/25/2015

The 2014 Farm Bill requires all producers – including fruit, vegetable, spe-cialty crop and nursery producers – that purchase federally-subsidized crop in-surance must certify compliance with the U.S. Department of Agriculture by June 1, 2015.

This applies to growers even if they are not purchasing crop insurance poli-cies until later in the year. Any growers who do not file the correct paperwork (Form AD-1026) by June 1 will be ineligible to receive the premium subsidy and may see a substantial increase in the individual crop insurance policy for the 2015-16 reinsurance year.

Producers should meet with their crop insurance agent or visit their local USDA service center before the deadline to ensure compliance with the new procedure. For more information about crop insurance and the Farm Bill, go to www.rma.usda.gov.

New USDA Requirements for Growers to Remain Eligible for Crop Insurance Due by June 1

Mutual’s Director of State Legislative Affairs Drew Love (third from right) spent some time with the Florida Cabinet recently when Agriculture Commissioner Adam Putnam sponsored the Florida World Trade Month resolution, which was signed by Governor Scott, Attorney General Pam Bondi and CFO Jeff Atwater.

Two of Florida citrus’ biggest sup-porters came out strong against a recent decision by the U.S. Environmental Protection Agency to expand the defini-tion of waters subject to the jurisdiction of federal government, or “waters of the United States” (WOTUS).

“Florida is a unique state, and the EPA’s one-size-fits-all, power grab to ex-pand federal government’s authority robs Florida’s leaders of the ability to make the best decisions for our distinct water bodies,” said Agriculture Commissioner Adam Putnam. “There is little clarity or relief for Florida in these regulations, and the expansion of federal jurisdiction stands to threaten the sound environmen-tal programs we currently have in place today.”

Commissioner Putnam testified be-fore Congress in February 2015 to voice his concerns regarding the EPA’s pro-posed regulations that expand federal government’s authority.

U.S. Representative Tom Rooney (R-17), a member of the House Agricul-ture Appropriations Subcommittee, said he would fight to block any funding for an EPA rule issued today that would give the agency unprecedented new authority to regulate bodies of water on private prop-erty, including ditches and farm ponds.

“I’m going to fight as hard as I can to make sure the EPA does not get one dime to enforce this historic overreach onto farms in Florida and across the country,” Rooney said. “The rule issued today by the Obama Administration is a blatant power grab that clearly violates the intent of the law and the will of Congress, and we will not fund it.”

“We all want clean water, but for the EPA to start regulating farm ponds and puddles would be laughable if the costs weren’t so high. Complying with the EPA’s new rules would cost Florida farm-ers, families and local governments bil-lions of dollars. It will slow our economic recovery, kill jobs in our state, and hurt our farmers’ ability to feed the nation.”

For more info go to http://www.nat-lawreview.com/article/administration-finalizes-wotus-rule-water-us

Putnam, Rooney Decry EPA’s WOTUS Decision

ORANGES* GRAPEFRUIT2014 15 2013 14 2014 15 2013 14

UTILIZATION (1,000 1 3/5 bushel boxes)Week To Date Week To Date Week To Date Week To Date

Fresh 86 3,456 87 3,841 0 5,270 4 6,050Process 4,244 84,535 3,647 96,385 5 7,158 0 8,901Total 4,330 87,991 3,734 100,226 5 12,428 4 14,951Remainder 7,309 3,043 28 79

FRESH SHIPMENTS (1,000 4/5 bu. Cartons)Week To Date Week To Date Week To Date Week To Date

E Mids* 0 2,660 0 2,515 Red 1 9,482 8 10,831Navels 0 1,594 0 2,094 Wht 0 1,058 0 1,270Valencia 171 2,659 174 3,075Total 171 6,913 174 7,684

* Includes Temples and Ambersweet Source: Citrus Admin. Committee

Citrus Juice StatisticsFlorida Processor Statistics Report Summary (Oct-Sep)

W/E April 25, 2015 Report #30Citrus Open Tennis Tournament

Friday, June 19, 20158:30 a.m. - 11:30 a.m.

Mixed DoublesRound-Robin Format

Rackets will be provided if needed. Lunch will be

provided for tournament participants.

Tournament will be held at The Colony Golf and Country Club,

4103 Pelican Colony Blvd.Bonita Springs, FL

For more information on

the Citrus Open, please

contact Lauren Benning at

(863) 682-1111 or

laurenb@flcitrusmutual.com

In order to secure a new Section 18 Reg-istration for Topsin M to assist in the treat-ment and prevention of PFD, the University of Florida/IFAS must present a strong case including accurate estimates of crop loss from PFD.

Dr. Megan Dewdney, Assistant Profes-sor of Plant Pathology and Extension Spe-cialist at the Citrus Research and Education Center Lake Alfred is looking for growers who would be willing to estimate their loss-es and share that data with the University.

Even with this data there is no guaran-tee that a Section 18 Registration will be se-cured, but the best chance is to have some numbers on how this is hurting the industry currently.

If you, or a grower you know, are will-ing to share your information or would like additional details, please contact Dr. Dewd-ney at mmdewdney@ufl.edu.

Grower Help Needed to Determine PFD

Crop Loss Estimates

13-14 14-15 % Chg 13-14 14-15 % Chg

Beg. Inventory 319.5 274.1 -14% 20.7 18.9 -9%Fruit 124.6 81.9 -34% 22.5 17.4 -22%Imports & Other 140.4 178.0 27% 1.5 2.9 102%

Movement 252.0 197.6 -22% 14.1 12.7 -10%

End Inventory 332.5 336.4 1% 30.5 26.5 -13%Weeks Supply 39.6 51.1 29% 65.0 62.7 -3%

White MM PS> 15.0 14.0 -7%Red MM PS => 15.4 11.5 -26%

Beg. Inventory 219.3 213.6 -3% 11.2 12.2 9%Fruit 372.4 319.2 -14% 19.0 14.8 -22%Imports & Other 10.1 31.1 209% 0.4 0.4 0%

Movement 317.3 274.7 -13% 9.5 9.2 -3%

End Inventory 281.8 286.0 1% 19.6 16.4 -16%Weeks Supply 26.6 31.2 17% 61.8 53.3 -14%

2013-14 2014-15 2013-14 2014-15

Concentrate 19.5 13.5 -31% 4.7 3.8 -20%NFC 59.3 53.5 -10% 4.0 3.1 -21%

% NFC 75.3% 79.8% 45.9% 45.4%

Final Priced 5.6 5.5 -1% 3.3 2.1 -36%Intermediate 57.4 46.6 -19%

Non-Priced 15.7 12.2 -22% 5.4 4.8 -11%

Canner's A 2013-14 2014-15 % Chg 2013-14 2014-15 % ChgE&M(White) 1.72$ 1.94$ 13% 1.51$ 1.34$ -11%

Valencia(Red) 2.19$ 2.23$ 2% 0.98$ 0.97$ -1%Mutual Mostly

E&M 1.87$ 1.90$ 2%Valencia 2.43$ 2.08$ -14%

Post-Estimate - Audited E&M(White) 1.90$ 1.92$ 1% 1.74$ 1.43$ -18%

Valencia(Red) 2.14$ NA 0% 1.14$ 1.21$ 6%FCOJ Futures 1.44$ 1.33$ -8%

13-14 14-15 % Chg 13-14 14-15 % ChgVolume

Total 305.4 281.1 -7.9% 8.57 8.19 -4.4%NFC 180.6 168.1 -6.9% 5.58 5.36 -3.9%

Recon OJ/SS GJ 110.9 100.5 -9.4% 2.28 2.20 -3.5%

13-14 14-15 % Chg 13-14 14-15 % ChgAll Imports 233.9 282.6 21% 1.37$ 1.36$ -1%Brazil

NFC 17.2 37.0 115% 1.50$ 1.42$ -5%Concentrate 129.8 170.3 31% 1.21$ 1.11$ -8%

All OthersNFC 4.0 2.8 -29% 2.53$ 2.30$ -9%

Concentrate 82.9 72.6 -12% 1.54$ 1.86$ 20%

Sources: FDOC. FCM. AC Nielsen. International Commodity Exchange. US Dept. of Commerce.

STD: October - March STD: October - March

STD: Sept 28, 2014 thru Apr 11, 2015 STD: Sept 28, 2014 thru Apr 11, 2015

US Customs: OJ Imports (MM SSE) US Customs: OJ Imports ($/SSE)

ORG Pricing Categories (MM Boxes) GFT Pricing Categories (MM Boxes)

ORG Price Indicators ($/PS) GFT Price Indicators ($/PS)

ACN: Retail Sales of OJ (MM SSE) ACN: Retail Sales Of GJ (MM SSE)

Last report 5/4/15

Utilization of Oranges (MM Boxes) Utilization of GFT (MM Boxes)

Availability Availability

Movement: Packaged and Bulk

Goods on Hand

Goods on Hand

Goods on Hand

Movement: Packaged and Bulk

Goods on Hand

COJ (Million PS) CGJ (Million PS)

Season-to-Date Season-to-Date

Movement: Packaged and Bulk

FCGJ (Million PS)FCOJ (Million PS)

Movement: Packaged and Bulk

AvailabilityAvailability

Conference Event Schedule

Wednesday, June 17th

8:00 a.m. - 7:00 p.m. Registration Open

8:00 a.m. - 7:00 p.m. Silent Auction Open

9:00 a.m. - Noon FCC Meeting

1:30 p.m. - 3:30 p.m. FCM Annual Meeting

5:30 p.m. - 7:00 p.m. Welcome Reception

Dinner on Your Own

Thursday, June 18th

7:30 a.m. - 8:30 a.m. Continental Breakfast

7:30 a.m. - 5:00 p.m. Registration Open

7:30 a.m. - TBD Silent Auction Open

8:30 a.m. - 12:00 p.m. Educational Session

12:00 p.m. - 1:45 p.m. Luncheon

2:00 p.m. - 5:00 p.m. Industry Meetings

6:00 p.m. - 10:00 p.m. Camp Coconut

6:00 p.m. - 7:00 p.m. Cocktail Reception

7:00 p.m. - 10:00 p.m. Industry Banquet featuring Citrus Achievement Award & Comedian Ronn Lucas

Friday, June 19th

8:00 a.m. - 11:00 a.m. Family Fishing Excursion

8:30 a.m. - 11:30 a.m. Citrus Open Tennis Tournament

8:00 a.m. - Noon Citrus Scramble Golf Tournament

Lunch on Your Own

6:00 p.m. - 8:00 p.m. Camp Coconut

6:00 p.m. - 7:00 p.m. Cocktail Reception

7:00 p.m. - 9:30 p.m. Family Night Dinner with DJ

8:30-8:40 Welcome; Summary of the Big Picture Dr. Harold Browning CRDF

8:40-9:05 Summary of tools available to address health of HLB-infected mature citrus groves. Dr. Michael Rogers UF-CREC

9:05-9:10 Research Video Vignette: Heat Treatment Dr. Reza Ehsani CREC

9:10-9:35 Bactericidal Therapy, where are we? Overview of materials, progress, labels, results of work to date Dr. Stephanie Slinski CRDF

9:35-10:05 Investing in replanting citrus from a Ridge perspective (we are going to make it!) Larry Black, Peace River Citrus Packing; FCM President

10:05-10:10 Research Video Vignette: Tolerant Rootstocks Dr. Jude Grosser CREC

10:00-10:30 BREAK

10:35-11:05 One year later; how are the new plantings doing? What have we learned? Rob Atchley, A. Duda and Sons

11:05-11:30 Grower production costs - Can we get a handle on them? Dr. Ariel Singerman CREC

11:30-11:35 Research Video Vignette: NIFA, SCRI Citrus Disease Research and Extension Program; Federal funding as a link to the future Tom Jerkins, Chairman Citrus Disease Subcommittee

11:35-11:45 Q & A and Final Thoughts Mike Sparks

Educational Session*Thursday, June 188:30 a.m. - 11:45 a.m.

2015 Florida Citrus Industry Annual Conference