 
          Dan Cummings
        
        
          Chairman of the Board
        
        
          CHAIRMAN’SMESSAGE
        
        
          A Promise for Generations
        
        
          Three brothers from Kansas are helping to change perceptions about growing food. These young men
        
        
          took their passion and used the tools of their generation to create the fun, engaging, and inspiring YouTube
        
        
          video “California Farms.” Welcome to farming in the digital media age! As our industry continues facing
        
        
          challenges on how and what we grow, we need to lean on our next generation to deliver on the promise to
        
        
          reconnect consumers with their food and how it’s produced. Thank you to our District Four Director Kevin
        
        
          Fondse for sharing this.
        
        
          Almost eleven decades ago, the
        
        
          Blue
        
        
          Diamond
        
        
          cooperative was born from a
        
        
          group of growers who understood that by
        
        
          effectively promoting and protecting their
        
        
          crop better profits could be achieved. Even
        
        
          though growers gave up individual control
        
        
          on parts of the business, they remained
        
        
          faithful that the cooperative model
        
        
          Blue
        
        
          Diamond
        
        
          was built on would deliver. We
        
        
          have succeeded in keeping the promises
        
        
          our founders put forth 108 years ago. It is
        
        
          the commitment of the Board to continue
        
        
          delivering on our promises and ensure the
        
        
          cooperative thrives for generations to come.
        
        
          The promise of stability for our grower
        
        
          families is one challenged during each
        
        
          growing season. But, against all odds this
        
        
          year, the cooperative and crop endured. An
        
        
          unpredictable mother nature subjected our
        
        
          orchards to rain, wind, and hail. The unusual
        
        
          weather persisted with overnight freezing
        
        
          conditions that kept many of us working hard
        
        
          through the night to protect our crops. Our
        
        
          industry also withstood an unpredictable
        
        
          political scene. Governments here and abroad
        
        
          presented barriers to the free trade of our
        
        
          product impeding our ability to bring the
        
        
          benefits of almonds to the world. I am happy
        
        
          to share that through the determination of our
        
        
          grower-owners and the
        
        
          Blue Diamond
        
        
          team,
        
        
          we produced another quality crop and made
        
        
          ever-increasing sales.
        
        
          Our commitment to delivering stability does
        
        
          not stop there. This year’s investments in our
        
        
          facilities, which include the expansion of the
        
        
          Salida facility to support increased almond
        
        
          flour production capabilities and moves to
        
        
          state-of-the-art pasteurization technology
        
        
          to protect our brand reputation. As a result,
        
        
          the cooperative will discontinue other less
        
        
          effective pasteurization methods while
        
        
          achieving better quality.
        
        
          Accelerating innovations is really helping to
        
        
          add value to our return each year. I want to
        
        
          briefly highlight the launch of yogurt in Spain,
        
        
          which the Board had an opportunity to see in
        
        
          retail stores while attending the International
        
        
          Dried Fruit and Nut Congress. The flavors
        
        
          were developed for unique European
        
        
          consumer taste preferences and are superb
        
        
          in quality. We learned that launching in a
        
        
          smaller global market provided a good test
        
        
          market for future expansion. Strategically this
        
        
          international market can help make a uniquely
        
        
          different and higher quality plant-based
        
        
          yogurt for U.S. consumers. I am confident we
        
        
          will continue to deliver on the promise of
        
        
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          A L M O N D F A C T S