The Value of Avocado Market Information in the United States Jose Luis Obregon Managing Director Hass Avocado Board World Avocado Congress Viña del Mar, Chile November 2007 Introduction to the Hass Avocado Board z The Hass Avocado Board (HAB) was established under the Hass Avocado Promotion, Research, & Information Act of 2000, signed into law by Congress in 2000. z Domestic Hass avocado producers and importers approved the program in a national referendum z 12 Member Board represented by local producers and Importers z Operates under the supervision of USDA 2 Strategic Frame Develop “Strategic Intelligence” essential to orderly marketing for all 12-months Reduce seasonal transition points and related market instability between sources The Hass Avocado Board obtains access to the AMRIC information database maintained by the California Avocado Commission 3 Overview of avoHQ.com November November 2004 2004 z HAB launches avoHQ.com, the first ever produce global intranet to collect, track, analyze and disseminate information relevant to selling avocados in the U.S. Market – Links multiple producing countries – Operates out of the Network Marketing Center 24 hours a day 7 days a week – To connect all key players in the U.S. Hass industry { Exchange crop and marketing information { Develop collaborative strategies DRIVE GROWING, SHIPPING, DISTRIBUTION, AND MARKETING DECISIONS TO ACHIEVE AN ORDERLY FLOW OF FRUIT IN THE U.S. MARKETPLACE 4 Features Up-to-Date Statistics Historical Statistics Sales Trends Individual Market Information Marketing Programs 5 Current Participation 2,736 users are subscribed to avoHQ.com Total, registrations have increased 36 % since January 1, 2006. Hass Avocado Growers represent 37% of total avoHQ.com participants Registrants of the US represent 67% of total, followed by Chile with 16% and Mexico with 7% 6 Current Data Sources 7 U.S. Avocado Market Growth 1200 1000 1 nua n A 2% te a R th w o r lG 1040.4 1034.4 2005-06 2006-07 892 794.7 800 MM Lbs 683.4 666.9 2001-02 2002-03 630.6 600 489.8 400 200 0 1999-00 2000-01 8 2003-04 2004-05 Closing Thoughts z Growers have to be informed on how their fruit is marketed z It is important for growers to understand the market dynamics z An informed market is a healthy market, as long as we have the best and most accurate information. 9 THANK YOU Jose Luis Obregon Managing Director Hass Avocado Board Viña del Mar, Chile November 2007 10