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Brazil Nuts

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Panel▪ Chair:

David Rosenblatt (USA) is the President of The Richard Franco Agency and has been managing the business of Brazil nuts, cashews and macadamia brokerage for 40 years. With a previous background on urban development and property management, he holds a bachelor’s degree in Civil Engineering and an MBA.

▪ Panel: Tony Nguyen (USA) is a Sr. Buyer at the Kraft Heinz Company, responsible for the procurement of Brazil nuts and other raw nuts commodities. He is also involved in the management of all logistics for domestically sourced nuts at both Planters manufacturing plants in North America.

Edward Danon (UK) is a Director at Voicevale Group, responsible for Brazil Nuts, Andean Grains and Specialty Coffee. He is also involved in the management of Greenforest a Bolivian Brazil Nuts Factory and Quinoa Foods a Bolivian Organic Quinoa Factory.

Enrique Nelkenbaum (Bolivia) is a partner and Director at TAHUAMANU S. A., in charge of sales and finances. He has been in the business for 30 years.

José Belicha (Brazil) is a Director at Caiba Ind e Com S/A since 2003, responsible for the Brazil Nuts and other Amazon Products exports and local market sales. Graduated in Civil Engineering, he is also involved in the management of the family factory located in Óbidos City, Pará / Brazil.

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Program

1. Supply Statistics: expectations for the current season.

2. Difficulties for procurement of raw material.

3. Impact of COVID-19 on Brazilian production and consumption.

4. World consumption in 2020 and ahead.

5. Market trends.

6. Deforestation and Climate Change: Brazil nuts collectors are the best forest keepers.

Antitrust Statement: The fundamental purpose ofthis session is for the participants to discuss differentaspects of the nut and dried fruit industry. It is thepolicy and practice of the INC Foundation to conductall its meetings and activities in strict compliance withantitrust and competition laws. There shall be nodiscussions of competitively sensitive information,including but not limited to prices, rates, coverage,market practices, claims settlement practices,customers or any other competitive aspect of anindividual company’s operation. INC participants tothis meeting commit not to enter into any agreementsbetween undertakings, decisions by associations orundertakings and concerted practices which mayaffect trade and which have as their object or effectthe prevention, restriction or distortion of competitionwithin the internal market. Each participant isobligated to prevent any discussion from fallingoutside these bounds.

Copyright Notice: All images used in thispresentation are for educational purposes only. Theyare either in the public domain and not subject tocopyright, or have been purchased. All images usedin this presentation are the property of theirrespective copyright owners.

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2019/20 and 2020/21 Brazil Nut Crops

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ESTIMATED WORLD AMAZONIA (BRAZIL) NUT PRODUCTIONIn-shell Basis · Metric Tons

COUNTRYBEG.

STOCKCROP

TOTAL

SUPPLY

ENDING

STOCK

BEG.

STOCK CROP

TOTAL

SUPPLY

ENDING

STOCK

BOLIVIA 7,500 64,500 72,000 6,000 6,000 58,500 64,500 3,750

PERU 2,250 10,500 12,750 900 900 10,500 11,400 900

BRAZIL 750 3,300 4,050 1,350 1,350 4,500 5,850 600

WORLD TOTAL 10,500 78,300 88,800 8,250 8,250 73,500 81,750 5,250

WORLD CONSUMPTION (T. Supply - End. Stock) 80,550 76,500

Kernel Basis · Metric Tons

COUNTRYBEG.

STOCKCROP

TOTAL

SUPPLY

ENDING

STOCK

BEG.

STOCK CROP

TOTAL

SUPPLY

ENDING

STOCK

BOLIVIA 2,500 21,500 24,000 2,000 2,000 19,500 21,500 1,250

PERU 750 3,500 4,250 300 300 3,500 3,800 300

BRAZIL 250 1,100 1,350 450 450 1,500 1,950 200

WORLD TOTAL 3,500 26,100 29,600 2,750 2,750 24,500 27,250 1,750

WORLD CONSUMPTION (T. Supply - End. Stock) 26,850 25,500

Source: INC

2019/2020 2020/2021

2019/2020 2020/2021

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What should we know about Brazil nuts?

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2020 Brazil Nut Collection

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Transporting In shell Brazil

nuts by pack animal

Collection camp in jungle

enabling transport by

river

Do current

prices

incentivize

collection

of raw

material?

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Price Trend

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Q4,

2017Q1,

2018

Q1,

2019

Q4,

2018 Q4,

2019

Jan-

Jun

2020

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Environmental Challenges

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Do climate change and deforestation have a significant impact

on collections?

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Deforestation

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Photo by Mokhamad Edliadi/CIFOR. Source: World Research Institute.