Business Report for Pecan Peanuts 2020

This business report provides an overview of the Australian pecan industry, analysis of health issues, quality assurance conditions, costs of a new machine, hypothesis testing, pros and cons analysis, customer satisfaction, and initial SWOT analysis for possible expansion.

Pecan Peanuts
Business Report
Date: May 2020

Introduction..............................................................................................................................................1
1. Analysis of Issues forPecan Peanuts.................................................................................................2
1.1 An Overview of theAustralian Pecan Industry...............................................................................2
1.2 Linear Forecast of Export Productions for 2021 and 2022.............................................................3
1.3 Health Issues in the Pecan, Peanut, Cashew and Pistachio Market................................................4
1.4 Quality Assurance Conditions for Machine Working.....................................................................5
1.5Costs of a New Machine..................................................................................................................6
1.6Hypothesis Testing for the Possible Difference in Two Machines..................................................7
1.7Pros & Cons Analysis “Should we buy a new machine?”...............................................................8
1.8 Customer Satisfaction.....................................................................................................................9
1.9 Initial SWOTAnalysis about Possible Expansion.........................................................................10
1.10 Summary....................................................................................................................................12
2. References......................................................................................................................................13

Business Report for Pecan Peanuts 2020
Introduction
Marketing research is a test of consumer creativity. It is the competitiveness of a specific branch
market. Marketing strategy is essentially for business plan that provides details about the marketplace
they work in (Greenslade And et.al., 2019). This assessment is based on the Pecan Industry where
most of pecan manufacturing in Australia is based in north-eastern New South Wales (NSW) and
southern Queensland (QLD). Australia has more than 100 pecan producers with far more than 180,000
mature trees. Farmers belonging to the Australian Pecan Growers Association (APGA) in Australia
produce about 95 per cent of nuts. This report covers several topics such as pecan industry overview,
health issues, quality assurance, benefits or disadvantages of buying new machinery.
1

Business Report for Pecan Peanuts 2020
1. Analysis of Issues forPecan Peanuts
1.1 An Overview of theAustralian Pecan Industry
Pecans (Carya illinoinensis) is an alternative bearing, heat pollinated tree which is auto
incompatible (Scheepers, 2018). A wide range of cultivars are needed to ensure glyphosate resistance
within a pecan farm. Air pollination begins throughout September and when extracted, nuts grow before
May. Pecan trees with overalls of up to 2 m in size can rise 20 to 40 m tall. pecan trees has large leaves
which consist of 15 tiny pinnate foliage and are conifers. As pecans mature, cutting is crucial to
optimizing and yielding light apprehension (the amount of sunlight that penetrates the canopy of the
tree). Since 2006 Australian pecan manufacturers has been on a peak of about 3,000 tons (in shell).
There has been great deal of interest in the development of the industry and production is expected to
rise by 2025 to around 9,500 tons in shell. A crucial element in growing the industry is the discovery of
regions appropriate for pecan development.
The pecan trees are greatest matured in hot, unbearably humid areas. Like all other nuts trees,
pecans need a certain aggregation of chill during germination (1 May to 31 August) for phenological
cycles, like budbreak and reproduction. The amount of chill bases needed varies among varieties, from
38.8 to 44. For planting and nut development the aggregation of heat stations is important throughout
spring time. The amount of heat devices needed often varies among cultivars, but on averages pecan
trees need 750 heat hours to aggregate over the planting season (around August 31 to October 31). The
extent of the risk effect ranges from country to country on a garden each year, even inside specific
areas. In addition, these threats are potentially nullified or minimized by orchard management
techniques, which are affected by the scale of the orchard which local facilities. These variables are not
included in the template, since they cannot adequately compensate for high variation between areas,
agricultural administration, facilities and the magnitude for each potential cause year by year.
2

Business Report for Pecan Peanuts 2020
1.2 Linear Forecast of Export Productions for 2021 and 2022
{Insert diagram and summarize approx. 100 words}
3

Business Report for Pecan Peanuts 2020
1.3 Health Issues in the Pecan, Peanut, Cashew and Pistachio Market
By consuming high lipid items such as Penuts, Pecan, Cashew etc. can be directly traced to the fats
dissolved into them and to minor substances. Such substances influence profoundly the respiratory
system and the digestive system (Venter, 2019). The brain has roughly 60 per cent high cholesterol
content and is also responsive to dietary lipids at any and all phases of life. The digestive system does
have direct communication with the lipoproteins which carry lipids through the blood to and from the
organ systems, and is also empathetic to nutritional lipids. Dietarians notify that consuming too many
pecans, pistachios, peanuts etc can result in extra weight that isn't good for the brain. Nutrition
suggesting growing their consumption of pistachio which should take into consideration the high
protein and sometimes high salt content of the nut, which may eliminate any positive effects. It is
analysed that, maximum consumption of nuts is not beneficial for the individual health.
4

Business Report for Pecan Peanuts 2020
1.4 Quality Assurance Conditions for Machine Working
{Insert calculation and summariseresult approx. 200 words}
5

Business Report for Pecan Peanuts 2020
1.5Costs of a New Machine
{Insert calculation and summariseresult approx. 200 words}
6

Business Report for Pecan Peanuts 2020
1.6Hypothesis Testing for the Possible Difference in Two Machines
{Insert six-point procedure, calculation and summariseresult approx. 300 words}
7

Business Report for Pecan Peanuts 2020
1.7Pros & Cons Analysis “Should we buy a new machine?”
At the time making decisions regarding buying new machinery, organizations have to done pros
and cons analysis and evaluate the outcomes that are necessary. Pros of buying new machinery are that
companies are updated with latest technology which provides them endless potential as well as
opportunities (Xia and Nelson, 2018). Also increase the productivity, boost the time and also helps in
minimising the time as well as cost. On the other side, cons of making decisions to buy new machinery
is that it will required huge investment and it associated with the huge risk as well.
8

Business Report for Pecan Peanuts 2020
1.8 Customer Satisfaction
{Insert calculation and summariseresults approx. 100 words}
9

Business Report for Pecan Peanuts 2020
1.9 Initial SWOTAnalysis about Possible Expansion
Strengths: Sustainable growth benefits from the requisite production tracking capabilities, a
strong management team with appropriate expertise, experience and the enhancement of the
highest performing of product or service. It allows consumers to know the name quickly in the
area of competition. These will greatest happen if the organization's goals are aligned with staff
values and the business culture.
Weaknesses: Any company has such poor performance causes or places where they struggle to
function effectively (Zhang And et.al., 2019). In this case, the notion of through,
whether expansion will not have been included in the potential project of a organization.
Opportunities: Organization can take advantage of new opportunities to create more earnings
and work better. These can be anticipated while others unpredictably present themselves.
Keeping an eye on the environmental factors and patterns is key to business development. The
prospects arise from situations like innovations and industry shifts, shifts in policy legislation
that are unique to sector.
Threats: One of the biggest threats for the organizations is the competitors who offer similar
services. Existing players need to build strategies which help in minimising threats or provide
them opportunity to grow by using effective strategies.
10

Business Report for Pecan Peanuts 2020
11

Business Report for Pecan Peanuts 2020
1.10 Summary
From the above discussion it is observed that Pecan industry is one of the growing sectors
which generate revenue for the organization. There are several health issues which affect a person due
to high consumption. Pecan manufacturing companies also need to evaluate the risk which can affect
the overall performance. Walnuts as well as other nut plants are vulnerable to some risk factors like late
summer frosts, excessive heat and flooding during processing, although there are also other threats
impacting various areas.
12

Business Report for Pecan Peanuts 2020
2. References
Greenslade, D. And et.al., 2019. 15 priorities for wind-waves research: An Australian
perspective. Bulletin of the American Meteorological Society, (2019).
Scheepers, S. V., 2018. Vertical coordination and integration, market power and price
transmission in the value chain of the South African macadamia industry (Doctoral
dissertation, North-West University).
Venter, C., 2019. Local nut production continues to grow. FarmBiz. 5(9). pp.30-31.
Xia, C. and Nelson, R., 2018. Exploring Australia's comparative advantage for exporting fresh
produce. Agricultural Commodities. 8(1). p.176.
Zhang, J. And et.al., 2019. Microwave airflow drying of pecans at variable microwave
power. Journal of food process engineering. 42(1). p.e12946.
13