Required Report - public distribution

**Date:** 12/292004

**GAIN Report Number:** JA4093

JA9999

**Japan**

**Citrus**

**Annual**

**2004**

**Approved by:**

![](media/image1.wmf)Rachel Nelson

U.S. Embassy

**Prepared by:**

Kenzo Ito

**Report Highlights:**

Japanese Unshu Mikan (tangerine) production for 2004 is estimated to be
1.069 million MT, down 6.8% from the previous season due mainly to
typhoon damage. The Mikan harvest area declined 2.2% but yields were
higher. Japan\'s oranges market was good in 2003. Prices were stable and
fruit quality was high. Japanese imports of U.S. oranges are expected to
increase in 2004 because of a high quality U.S. crop. Japan imported
record amounts of Florida grapefruits in 2003 with imports of over 12
million cartons. The 2003 crop had excellent quality fruit with high
Brix levels that attracted Japanese consumers. Japanese imports of
Florida grapefruit in 2004 will be significantly reduced due to
hurricane damage to Florida citrus crops. The Japanese fresh lemon
market has been fairly stable, with total imports of 85,101 MT in 2003.

Includes PSD Changes: Yes

Includes Trade Matrix: Yes

Annual Report

Tokyo \[JA1\]

\[JA\]

Table of Contents

[2004 Mikan Production Down to 1.068 Million Tons
3](#mikan-production-down-to-1.068-million-tons)

[280 Tons of 2004 Unshu Mikans Went to the United States
3](#tons-of-2004-unshu-mikans-went-to-the-united-states)

[U.S. Oranges Enjoyed an Excellent Market in 2003
4](#u.s.-oranges-enjoyed-an-excellent-japanese-market-in-2003)

[U.S. Orange Exports to Japan Expected to Rise Significantly in 2004
4](#u.s.-orange-exports-to-japan-expected-to-rise-significantly-in-2004)

[Florida Achieved Record Sales of Grapefruits in 2003
5](#florida-achieved-record-sales-of-grapefruits-in-2003)

[Japanese Traders Worry about Significant Reductions in 2004 Florida
Grapefruit Crop
5](#japanese-traders-worry-about-significant-reductions-in-2004-of-florida-grapefruit-crop)

[A Shortage of Grapefruit in Florida Significantly Affects Japan's
Citrus Market
6](#a-shortage-of-grapefruit-in-florida-significantly-affects-japans-citrus-market)

[650,000 Cartons of Israel Sweeties Expected to Sell in Japan in 2004
6](#cartons-of-israel-sweeties-expected-to-sell-in-japan-in-2004)

[Japanese Consumption of Fresh Lemons Fairly Stable
7](#japanese-consumption-of-fresh-lemons-fairly-stable)

[Argentine Lemon Shipments to Japan Increased in 2003
7](#argentine-lemon-shipments-to-japan-increased-in-2003)

[Japanese Imports of Orange Juice Down, While Grapefruit Juice Imports
Up in 2003
7](#japanese-imports-of-orange-juice-down-while-grapefruit-juice-imports-up-in-2003)

[Japan Continues to Impose High Import Duties on Citrus Products
9](#japan-continues-to-impose-high-import-duties-on-citrus-products)

[PS&D Tables and Trade Matrices 11](#psd-tables-and-trade-matrices)

[Fresh Orange PS&D Table 11](#fresh-orange-psd-table)

[Orange Juice PS&D Table 12](#orange-juice-psd-table)

[Fresh Orange Import Trade Matrix 13](#fresh-orange-import-trade-matrix)

[Orange Juice Import Trade Matrix 14](#orange-juice-import-trade-matrix)

[Fresh Orange Wholesale Price Table
15](#fresh-orange-wholesale-price-table)

[Fresh Grapefruit PS&D Table 16](#fresh-grapefruit-psd-table)

[Grapefruit Juice PS&D Table 17](#grapefruit-juice-psd-table)

[Fresh Grapefruit Import Trade Matrix
18](#fresh-grapefruit-import-trade-matrix)

[Grapefruit Juice Import Trade Matrix
19](#grapefruit-juice-import-trade-matrix)

[Fresh Grapefruit Wholesale Price Table
20](#fresh-grapefruit-wholesale-price-table)

[Fresh Lemon PS&D Table 21](#fresh-lemon-psd-table)

[Lemon Juice PS&D Table 22](#lemon-juice-psd-table)

[Fresh Lemon Import Trade Matrix 23](#fresh-lemon-import-trade-matrix)

[Lemon Juice Import Trade Matrix 24](#lemon-juice-import-trade-matrix)

[Fresh Lemon Wholesale Price Table
25](#fresh-lemon-wholesale-price-table)

[Fresh Tangerine PS&D Table 26](#fresh-tangerine-psd-table)

[Tangerine Juice PS&D Table 27](#tangerine-juice-psd-table)

[Fresh Tangerine Export Trade Matrix
28](#fresh-tangerine-export-trade-matrix)

[Fresh Tangerine Import Trade Matrix
29](#fresh-tangerine-import-trade-matrix)

[Fresh Tangerine Wholesale Price Table
30](#fresh-tangerine-wholesale-price-table)

[Fresh Citrus, Other PS&D Table 31](#fresh-citrus-other-psd-table)

[Fresh Citrus, Other Wholesale Price Table
32](#fresh-citrus-other-wholesale-price-table)

# 2004 Mikan Production Down to 1.068 Million Tons

![](media/image2.wmf)The 2004 Japanese Unshu Mikan (tangerine)
production is estimated to be 1.069 million metric tons, down
approximately 6.8 percent from the previous season. The production was
significantly reduced by a series of typhoons that hit the islands of
Japan in the fall of 2004. While the area harvested is estimated at
52,500 hectares, down approximately 2.2 percent from the previous season
due to both aging groves and more abundant orchards.

Traditionally, Japanese Unshu Mikan have been harvested in time for
large sales during the Christmas and the New Year holiday season, but
the marketing strategy has changed and now sales start earlier in the
season to try to gain from higher market prices. Today approximately 59
percent of production comes from the early-crop varieties available from
October through December and the rest comes from the regular variety
sold in December and January. 2004 early-crop production is estimated to
be 633,400 metric tons, including 55,300 metric tons of green house
production, and the regular-crop production is estimated to be 436,000
metric tons.

The Japanese Ministry of Agriculture, Forestry and Fisheries (MAFF) and
grower cooperatives (Japan Agriculture) set production and marketing
guidelines for Unshu Mikan in an attempt to maintain order in the
market. The 2004 target level was 1.11 million tons. On May 25 MAFF
announced that commercial shipments were 985,000 tons, or 30,000 tons
above the production forecast for that period, so in August Mikan
growers reduced their production levels by culling fruit in order to
meet the guidelines. However, unexpected typhoons that hit the islands
in the fall further reduced production so that final production is
expected to be 1.069 million metric tons. 860,000 tons of Mikans are
destined for fresh consumption and 125,000 tons are destined for
processing. Processing consists of 95,000 tons for juice and 30,000 tons
for canning purposes.

Despite typhoon damage, Japanese 2004 Mikan flavor is excellent with
high Brix levels as a result of warm fall temperatures. This season's
crop includes many large sized fruits. The average wholesale price in
November was \$1.94\* (203 yen) per kilogram, up approximately 34
percent from the same period last year. Tokyo supermarkets sold Mikan
for \$5.55 (580 yen) per bag of 8 large sized fruit, \$5.55 (580 yen)
per bag of 10 medium sized fruit, and \$4.77 (498 yen) per bag of 12
small sized fruit.

\* The exchange rate of 104.36 yen per dollar was used, based on the
Nikkei News quote for December 9, 2004.

# 280 Tons of 2004 Unshu Mikans Went to the United States 

2004 marked the 36^th^ year since Japan made its first shipment of Unshu
Mikans to the United States. In November, a USDA/APHIS inspector visited
Japanese packing facilities in Shizuoka prefecture to assist in the
inspections of Unshu Mikans destined for the United States. Larger sized
Mikans were shipped this season in order to meet the market demands in
the United States. The first shipment with 130 metric tons of Mikans
departed Japan in mid November and a total of 280 metric tons were
shipped by November 22.

# U.S. Oranges Enjoyed an Excellent Japanese Market in 2003 

![](media/image3.wmf)Although Japanese imports of U.S. oranges in the
2003 season (October 2003 through September 2004) were down
approximately 10 percent in terms of volume from the previous season,
the total import value was the same. Japan imported 81,962 metric tons
of U.S. oranges in the 2003 season, with a value of \$74.34 million
(CIF). Japan's market for U.S. oranges was fairly stable in 2003, with
stable market prices and good quality fruit. In early May 2004, Japan's
orange stocks reached 671,000 cartons (approximately 3.5 weeks of the
nation's total consumption) and traders quickly reduced imports before
the market price weakened.

# U.S. Orange Exports to Japan Expected to Rise Significantly in 2004

Japanese traders expect that imports of U.S. oranges in the 2004
marketing season (October 2004 through September 2005) will increase
significantly compared to the previous season. According to Japanese
traders, there are basically two reasons for the expected increase in
imports; 1) the 2004 U.S. navel crop consists of a large amount of high
quality fruit, and 2) grapefruit shipments from Florida will be reduced
significantly in the 2004 crop year due to the recent Florida
hurricanes. U.S. oranges will likely play a major role in the Japanese
citrus market this coming season as a substitute for Florida
grapefruits. A bumper crop is expected in California this season with
many larger sized navels. This includes common sizes of 56 (56 fruit per
17-KG carton) and 48. The fruit quality and flavor of the new crop are
reported to be excellent.

Navel oranges from the new California crop arrived in Japan in late
November and their quality was excellent, according to Tokyo citrus
traders. Currently, there are still limited volumes available and
California navels will likely be sold as gifts in Japan's year-end
holiday season. U.S. navel orange shipments will likely continue until
May and the shipments of Valencia oranges will start in March.
Currently, Australian Valencia oranges and Chilean navels are also being
sold in Japanese retail stores and will likely continue until late
December. The quality of both citrus products are reportedly good and
their product movements in the distribution system are fairly smooth.

On December 10, California's new crop of navel oranges were trading at
the Tokyo Ohta Wholesale Market for \$36.41 (3,800 yen) per 17-kg carton
for sizes 56 and 72 (56 and 72 oranges in 17-kg carton, respectively),
\$34.49 (3,600 yen) for size 88 and \$31.62 (3,300 yen) for size 113.
Australian Valencia oranges were also trading at \$31.62 (3,300 yen) for
sizes 56, 72 and 88, and \$26.83 (2,800 yen) for size 113. Australian
Valencia oranges retailed at Tokyo supermarket at \$0.95 (100 yen) per
fruit, or \$3.64 (380 yen) for a bag of 4 medium sized fruit.

# Florida Achieved Record Sales of Grapefruits in 2003

![](media/image4.wmf)Florida sold 12,075,969 cartons (205,291 metric
tons) of their 2003 grapefruit crop in Japan. This is a record since
Florida began marketing grapefruit in Japan over two decades ago. The
2003 crop produced excellent quality fruit with higher Brix levels that
attracted many Japanese consumers. Japanese Mikan tangerines sold well
in the winter of 2003 and this momentum was carried over to the sales of
Florida grapefruit in the spring of 2004. Japan's mild temperatures in
the spring of 2004 significantly helped sales of Florida grapefruit,
which totaled over 500,000 cartons (8,500 metric tons) nationwide during
the Golden Week holiday season in early May. However, anticipation of
overwhelming sales by Japanese traders lead to an over-supply of
grapefruits in the Japanese market and the result was that some traders
had to liquidate their products at discounted prices. In June 2004,
Japanese sales of the 2003 Florida grapefruit crop were completed.

California and Texas also played a major role in supplying fresh
grapefruit to the Japanese market in the 2003 season. The total
shipments of grapefruit from Florida, California and Texas reached
220,303 metric tons in the 2003 season (October 2003 through September
2004), valued at \$196.9 million (CIF).

# Japanese Traders Worry About Significant Reductions in 2004 of Florida Grapefruit Crop

Japanese citrus traders anticipate a significant reduction of imports of
the new 2004 grapefruit crop due to extensive damage from a series of
hurricanes that hit Florida in the fall. This is unfortunate news for
citrus traders in Japan, who have developed a good market for Florida
grapefruit and who have many clients who love to market Florida
products. Japanese traders anticipate that shipments of the new crop
from Florida will be so limited that they may be completed as early as
February 2005. According to one of Tokyo's Ohta Wholesale Market
traders, 450,000 to 500,000 cartons (7,650 to 8,500 metric tons) of the
new crop Florida grapefruit may be marketed nationwide before the New
Year with a great deal being used as gifts for Japan's year-end
gift-giving season, and sold at premium prices. In the New Year, 2 to
2.5 million cartons (34,000 to 42,500 metric tons) will likely be
marketed each month until March 2005. However import volumes are still
uncertain at this time since they will heavily depend on Florida's offer
prices, which will not be known by traders until January.

As of November 27, 164,297 cartons (2,793 metric tons) of new Florida
grapefruit have arrived in Japan, which is only 17.2 percent of the
level in the same period last year. A lot of fruit also came in from
Florida's Gulf regions, where the recent hurricane damage was reported
to be minimal. Fruit quality and flavor are excellent with many larger
sized fruit in the shipments, according to Tokyo traders. In many cases,
FOB prices are fairly high compared to the previous season. In early
December, Florida grapefruit was trading at Tokyo's Ohta Wholesale
Market for \$41.20 (4,300 yen) per carton of size 27 (27 grapefruit in a
17-kg carton), 32 and 36. Sizes 40 and 48 were trading at \$38.32 (4,000
yen) and \$36.41 (3,800 yen) for size 56. A medium sized fruit (size 48)
sold for \$1.22 - \$1.51 (128 -- 158 yen) per fruit at Tokyo's
supermarket.

# A Shortage of Grapefruit in Florida Significantly Affects Japan's Citrus Market

Anticipating reductions in shipments of the new grapefruit crop from
Florida, Japanese citrus traders have been searching for alternative
suppliers of citrus products worldwide. This strong demand was felt in
California for citrus products including grapefruit, Oroblancos,
Pomelos, Minneolas and navel oranges. Texas Ruby grapefruit has also
been an important item for filling the Japanese citrus market. Japanese
traders expect a significant increase in imports from California and
Texas this season. One trader commented that Japanese imports of
grapefruit from these states could double over the previous season.
Israel Sweeties have also played an important role in Japan's winter
citrus market. Although

Cuban grapefruit is relatively new to the Japanese market, Japanese
traders have already increased their volume of imports from Cuba this
season. Tokyo's major trading house imported 75,000 cartons of Cuban
grapefruit (approximately 1,275 metric tons) in December. Cuban
grapefruit is largely sold to Japan's food service sector. Japan
imported 608 metric tons of grapefruit from Cuba in the 2003 season,
valued at \$437,000 (CIF). South African grapefruit is not available
until mid June; however, Japanese traders and South African growers are
trying to get these grapefruit products to Japan as early as possible
this season, according to Tokyo traders.

Currently, wholesale prices for all citrus products, both imports and
domestic, are very strong and the higher prices will likely continue
until the spring. Prices for Japanese Mikan tangerines are also strong
this season due to short crops resulting from typhoons that hit Japan in
the fall.

# 650,000 Cartons of Israel Sweeties Expected to Sell in Japan in 2004 

![](media/image5.wmf)

Israel plans to export 650,000 cartons of Sweeties to Japan in the 2004
season, up marginally from the previous season, according to Japanese
traders. Israel has established a firm market for Sweeties in Japan by
supplying top quality fruit and guaranteeing fruit brix levels over
10-degrees. Sweeties have settled into a niche in Japan's highly
competitive citrus market, selling from December to January. According
to industry sources, this season's short Florida's grapefruit crop has
caused an increase in the price for Israel's Sweeties. FOB prices are
running from \$14.00 to \$14.50 for a 14-KG carton this season, whereas
the price was \$13.00 during the last two seasons. Israel will ship
Sweeties to Japan in three separate shipments this season. The first
shipment arrived in Osaka (Western Japan) on November 24 with 130,000
cartons, and Tokyo on November 27 with 170,000 cartons. The second
shipment arrived in Osaka on November 30 with 100,000 cartons and Tokyo
on December 2 with 110,000 cartons. The final shipment is still
scheduled to arrive sometime in December. In early December, new crop
Israel Sweeties were trading at Tokyo Wholesale Market for \$26.83
(2,800 yen) per 14-KG carton for sizes 27, 32 and 36, and \$23.95 (2,500
yen) for size 40. Tokyo supermarkets sold them for \$1.72 (180 yen) per
fruit.

# Japanese Consumption of Fresh Lemons Fairly Stable

Japan imported a total of 85,101 metric tons of fresh lemons from all
countries in the 2003 season (October 2003 through September 2004), a
marginal decline (4.3 percent) from the previous season. The United
States supplied 59,590 metric tons of this total, valued at \$73.91
million (CIF). Japan consumes a great deal of fresh lemons in the
summer; nearly a half of nation's annual consumption takes place from
June through September. In late August 2004, Japan accumulated 472,000
cartons (8,024 metric tons) of fresh lemons in the nation's cold
warehouses, which can accommodate the entire nation's consumption for
over 50 days. In spite of the high inventory levels, Japan's hot summer
in 2004 helped liquidate these stocks fairly quickly so that they
returned to their normal level of 180,000 cartons (3,060 metric tons) by
late October. In August 2004, California lemons were trading at Tokyo
Wholesale Market for \$33.53 (3,500 yen) per 17-KG carton for sizes 95
(95 lemons per carton) and 115, and \$32.57 (3,400 yen) for size 140 and
\$28.74 (3,000 yen) for size 165. Chilean lemons were trading at similar
prices. Currently, Arizona's new lemon crop are is trading at Tokyo
Wholesale Market for \$33.53 (3,500 yen) per 17-KG carton for sizes 95
and 115, \$32.57 (3,400 yen) for size 140 and \$28.74 (3,000 yen) for
size 165. In early December, Tokyo supermarkets sold Arizona lemons for
\$1.91 (200 yen) per bag of three medium sized lemons. Meanwhile,
domestic lemons were sold for \$2.68 (280 yen) per bag of two large
sized lemons.

#  Argentine Lemon Shipments to Japan Increased in 2003

Argentina had its second season of exporting fresh citrus products to
Japan since the government of Japan lifted its import ban on lemons,
oranges and grapefruit. Argentina supplied 2,286 metric tons of fresh
lemons to the Japanese market from June to August 2004, a significant
increase from the level of 701 metric tons the previous season. All
citrus products from Argentina are subject to cold treatment to prevent
Mediterranean fruit flies from being transferred to Japan. Argentina
exported 89 metric tons of grapefruit to Japan in July and August 2004
but shipped no oranges to Japan in 2003/04. Argentine citrus products
were experiencing decay problems due to a combination of the long travel
distance and cold treatments.

# Japanese Imports of Orange Juice Down While Grapefruit Juice Imports Up in 2003 

![](media/image6.wmf)Japan imported 83,989 metric tons (based on 65
degree Brix) of orange juice in the 2003 season, down 13 percent from
the previous season.

Japan's 100% pure orange juice consumption has been declining, since
consumers' drink preference has shifted toward healthier low or no-sugar
products such as Japanese green tea, Chinese tea and black tea. However,
the market for functional drinks such as sport drinks and energy drinks
is growing. According to industry sources, Japanese citrus juice
products are marketed through supermarkets and convenience stores
(approximately 63 percent of nation's sales), and the rest are marketed
through the food service sector. The most commonly used package for
citrus juice products in Japan is a paper based container (57.4 %)
followed by plastic PET bottles (21.3 %) and cans (18.7%). Japan's fruit
juice products are largely sold under national brands such as Minutes
Maid, Tropicana, POM (domestic Mikan tangerine processor), Sunkist, and
Dole. Brazil has been a dominant supplier of concentrated orange juice
to Japan, supplying over 85 percent of the nation's frozen concentrated
orange juice (FCOJ). The United States supplied 6,760 metric tons in
2003, valued at \$11.43 million (CIF).

![](media/image7.wmf)The strong demand for grapefruit juice can be seen
in Japan's "Chuhai" market. Chuhai is a liquor drink made from fruit
juices mixed with Japanese vodka. Chuhai products are now available from
various Japanese beverage manufactures in cans and bottles, and
grapefruit flavor is a popular choice. Japan imported 32,128 metric tons
(based on 45 degree Brix) of grapefruit juice in the 2003 season. The
United States supplied over 67 percent or 21,571 metric tons, valued at
\$30.90 million (CIF). Due to the recent devastating hurricanes,
Japanese traders are worried about significant reductions in the
grapefruit juice supply from Florida in the new season, and are
searching for alternative supplies from Israel, Australia, South Africa,
and Cuba.

# Japan Continues to Impose High Import Duties on Citrus Products

All duties are charged on a CIF basis. These duties are not subject to
further reductions unless negotiated in the Doha round of WTO
negotiations. The applicable import duties for citrus products are as
follows:

+-------------+-------------------------------------+------------------+
| TARIFF CODE | DESCRIPTION                         | DUTY RATE        |
|             |                                     |                  |
| (HS)        |                                     | (%)              |
+-------------+-------------------------------------+------------------+
| 0805.10-000 | Fresh Oranges,                      | 32 %             |
|             |                                     |                  |
|             | Imports during the December-May     |                  |
|             | period                              |                  |
+-------------+-------------------------------------+------------------+
|             | Fresh Oranges,                      | 16 %             |
|             |                                     |                  |
|             | Imports during the June-November    |                  |
|             | period                              |                  |
+-------------+-------------------------------------+------------------+
| 0805.40-000 | Fresh Grapefruit                    | 10 %             |
+-------------+-------------------------------------+------------------+
| 0805.30-010 | Fresh Lemons                        | Free             |
+-------------+-------------------------------------+------------------+
| 2009.11-110 | Orange Juice, Frozen, Containing    | 25.5 %           |
|             | added sugar, Not more than 10% by   |                  |
|             | weight of sucrose, naturally and    |                  |
|             | artificially contained              |                  |
+-------------+-------------------------------------+------------------+
| 2009.11-190 | Orange Juice, Frozen, Containing    | 29.8% or 23      |
|             | added sugar, Other                  | yen/kg,          |
|             |                                     | whichever is the |
|             |                                     | greater          |
+-------------+-------------------------------------+------------------+
| 2009.11-210 | Orange Juice, Frozen, Not           | 21.3 %           |
|             | containing added sugar, Not more    |                  |
|             | than 10% by weight of sucrose       |                  |
+-------------+-------------------------------------+------------------+
| 2009.11-290 | Orange Juice, Frozen, Not           | 25.5 %           |
|             | containing added sugar, Other       |                  |
+-------------+-------------------------------------+------------------+
| 2009.12-110 | Orange Juice, Not frozen, of a Brix | 25.5 %           |
|             | value not exceeding 20, Containing  |                  |
|             | added sugar, Not more than 10% by   |                  |
|             | weight of sucrose, naturally and    |                  |
|             | artificially contained              |                  |
+-------------+-------------------------------------+------------------+
| 2009.12-190 | Orange Juice, Not frozen, of a Brix | 29.8% or 23      |
|             | value not exceeding 20, Containing  | yen/kg,          |
|             | added sugar, Other                  | whichever is the |
|             |                                     | greater          |
+-------------+-------------------------------------+------------------+
| 2009.12-210 | Orange Juice, Not frozen, of a Brix | 21.3 %           |
|             | value not exceeding 20, Not         |                  |
|             | containing added sugar, Not more    |                  |
|             | than 10% by weight of sucrose       |                  |
+-------------+-------------------------------------+------------------+
| 2009.12-290 | Orange Juice, Not frozen, of a Brix | 25.5 %           |
|             | value not exceeding 20, Not         |                  |
|             | containing added sugar, Other       |                  |
+-------------+-------------------------------------+------------------+
| 2009.19-110 | Orange Juice, Other, Containing     | 25.5 %           |
|             | added sugar, Not more than 10% by   |                  |
|             | weight of sucrose, naturally and    |                  |
|             | artificially contained              |                  |
+-------------+-------------------------------------+------------------+
| 2009.19-190 | Orange Juice, Other, Containing     | 29.8% or 23      |
|             | added sugar, Other                  | yen/kg,          |
|             |                                     | whichever is the |
|             |                                     | greater          |
+-------------+-------------------------------------+------------------+
| 2009.19-210 | Orange Juice, Other, Not containing | 21.3 %           |
|             | added sugar, Not more than 10% by   |                  |
|             | weight of sucrose                   |                  |
+-------------+-------------------------------------+------------------+
| 2009.19-290 | Orange Juice, Other, Not containing | 25.5 %           |
|             | added sugar, Other                  |                  |
+-------------+-------------------------------------+------------------+
| 2009.21-110 | Grapefruit Juice, Of a Brix value   | 23 %             |
|             | not exceeding 20, Containing added  |                  |
|             | sugar, Not more than 10% by weight  |                  |
|             | of sucrose, naturally and           |                  |
|             | artificially contained              |                  |
+-------------+-------------------------------------+------------------+
| 2009.21-190 | Grapefruit Juice, Of a Brix value   | 29.8% or 23      |
|             | not exceeding 20, Containing added  | yen/kg,          |
|             | sugar, Other                        | whichever is the |
|             |                                     | greater          |
+-------------+-------------------------------------+------------------+
| 2009.21-210 | Grapefruit Juice, Other, Not more   | 19.1 %           |
|             | than 10% by weight of sucrose       |                  |
+-------------+-------------------------------------+------------------+
| 2009.21-290 | Grapefruit Juice, Other, Other      | 25.5 %           |
+-------------+-------------------------------------+------------------+
| 2009.29-110 | Grapefruit Juice, Other, Containing | 23 %             |
|             | added sugar, Not more than 10% by   |                  |
|             | weight of sucrose, naturally and    |                  |
|             | artificially contained              |                  |
+-------------+-------------------------------------+------------------+
| 2009.29-190 | Grapefruit Juice, Other, Containing | 29.8% or 23      |
|             | added sugar, Other                  | yen/kg,          |
|             |                                     | whichever is the |
|             |                                     | greater          |
+-------------+-------------------------------------+------------------+
| 2009.29-210 | Grapefruit Juice, Other, Other, Not | 19.1 %           |
|             | more than 10% by weight of sucrose  |                  |
+-------------+-------------------------------------+------------------+
| 2009.29-290 | Grapefruit Juice, Other, Other,     | 25.5 %           |
|             | Other                               |                  |
+-------------+-------------------------------------+------------------+
| 2009.31-211 | Lemon Juice, Of a Brix value not    | 6 %              |
|             | exceeding 20, Not containing added  |                  |
|             | sugar, Not more than 10% by weight  |                  |
|             | of sucrose                          |                  |
+-------------+-------------------------------------+------------------+
| 2009.39-211 | Lemon Juice, Of a Brix value        | 6 %              |
|             | exceeding 20, Not containing added  |                  |
|             | sugar, Not more than 10% by weight  |                  |
|             | of sucrose                          |                  |
+-------------+-------------------------------------+------------------+

# PS&D Tables and Trade Matrices

## Fresh Orange PS&D Table

  --------------- ---------- ---------- ---------- ---------- ----------------- ----------
  PSD Table                                                                     

  Country         Japan                                                         

  Commodity       Oranges,                                    (HECTARES)(1000   
                  Fresh                                       TREES)(1000 MT)   

                  2002       Revised    2003       Estimate   2004              Forecast

                  USDA       Post       USDA       Post       USDA Official     Post
                  Official   Estimate   Official   Estimate   \[Old\]           Estimate
                  \[Old\]    \[New\]    \[Old\]    \[New\]                      \[New\]

  Market Year                10/2002               10/2003                      10/2004
  Begin                                                                         

  Area Planted    1260       1260       1210       1210       0                 1130

  Area Harvested  1260       1260       1210       1210       0                 1120

  Bearing Trees   756        756        726        726        0                 672

  Non-Bearing     0          0          0          0          0                 18
  Trees                                                                         

  TOTAL No. Of    756        756        726        726        0                 690
  Trees                                                                         

  Production      17         17         15         16         0                 15

  Imports         121        121        125        109        0                 127

  TOTAL SUPPLY    138        138        140        125        0                 142

  Exports         0          0          0          0          0                 0

  Fresh Dom.      136        136        138        123        0                 140
  Consumption                                                                   

  Processing      2          2          2          2          0                 2

  TOTAL           138        138        140        125        0                 142
  DISTRIBUTION                                                                  
  --------------- ---------- ---------- ---------- ---------- ----------------- ----------

## Orange Juice PS&D Table

  -------------- ---------- ---------- ---------- ---------- ---------- ----------
  PSD Table                                                             

  Country        Japan                            65         Degrees    
                                                             Brix       

  Commodity      Orange                                      (MT)       
                 Juice                                                  

                 2002       Revised    2003       Estimate   2004       Forecast

                 USDA       Post       USDA       Post       USDA       Post
                 Official   Estimate   Official   Estimate   Official   Estimate
                 \[Old\]    \[New\]    \[Old\]    \[New\]    \[Old\]    \[New\]

  Market Year               10/2002               10/2003               10/2004
  Begin                                                                 

  Deliv. To      2000       2000       2000       2000       0          0
  Processors                                                            

  Beginning      15000      15000      15000      15000      15000      10000
  Stocks                                                                

  Production     200        200        200        200        0          200

  Imports        96575      96575      96000      83989      0          90000

  TOTAL SUPPLY   111775     111775     111200     99189      15000      100200

  Exports        0          0          0          0          0          0

  Domestic       96775      96775      96200      89189      0          90200
  Consumption                                                           

  Ending Stocks  15000      15000      15000      10000      0          10000

  TOTAL          111775     111775     111200     99189      0          100200
  DISTRIBUTION                                                          
  -------------- ---------- ---------- ---------- ---------- ---------- ----------

## Fresh Orange Import Trade Matrix

  ----------------- ----------------- ----------------- ------------------
  Import Trade                                          
  Matrix                                                

  Country           Japan                               

  Commodity         Oranges, Fresh                      

  Time Period:      Oct.-Sept.        Units:            Metric Tons

  Imports for:      2002                                2003

  U.S.              90937             U.S.              81962

  Others                              Others            

  South Africa      13113             South Africa      10472

  Australia         10158             Chile             9072

  Chile             6779              Australia         7399

  Swaziland         194               Mexico            277

  Mexico            167               New Zealand       4

  New Zealand       139                                  

  Argentina         23                                   

                                                         

                                                         

                                                         

  Total for Others  30573                               27224

  Others not Listed 2                                   3

  Grand Total       121512                              109189
  ----------------- ----------------- ----------------- ------------------

## Orange Juice Import Trade Matrix

  ------------------ ------------------ ------------------ ----------------
  Import Trade                                             
  Matrix                                                   

  Country            Japan                                 

  Commodity          Orange Juice                          

  Time Period:       Oct.-Sept.         Units:             Metric Tons

  Imports for:       2002                                  2003

  U.S.               7398               U.S.               6760

  Others                                Others             

  Brazil             82154              Brazil             71819

  Mexico             1730               Australia          990

  Belize             1575               Belize             509

  Italy              1299               Spain              508

  Australia          992                Greece             457

  Israel             418                Italy              373

  Spain              294                Mexico             190

  Canada             157                South Korea        168

  Netherlands        156                Canada             139

  South Korea        129                Israel             114

  Total for Others   88904                                 75267

  Others not Listed  273                                   1962

  Grand Total        96575                                 83989
  ------------------ ------------------ ------------------ ----------------

## Fresh Orange Wholesale Price Table

  --------------------- ---------------- ---------------- ----------------
  Prices Table                                            

  Country               Japan                             

  Commodity             Oranges, Fresh                    

  Prices in:            Yen              per uom:         KG

                                                          

  Year                  2003             2004             \% Change

  Jan                   184              172              -7%

  Feb                   168              155              -8%

  Mar                   161              162              1%

  Apr                   188              172              -9%

  May                   185              158              -15%

  Jun                   167              166              -1%

  Jul                   150              195              30%

  Aug                   141              179              27%

  Sep                   134              167              25%

  Oct                   128                               -100%

  Nov                   132                               -100%

  Dec                   160                               -100%

                                                          

  Exchange Rate         102.76           Local            
                                         Currency/US \$   

  Date of Quote         11/29/2004       MM/DD/YYYY       
  --------------------- ---------------- ---------------- ----------------

## Fresh Grapefruit PS&D Table

+---------------+---------+--------+-------+--------+--------+-------+
| ###           |         |        |       |        |        |       |
| ### PSD Table |         |        |       |        |        |       |
+---------------+---------+--------+-------+--------+--------+-------+
| Country       | Japan   |        |       |        |        |       |
+---------------+---------+--------+-------+--------+--------+-------+
| Commodity     | Grap    |        |       |        | (HE    |       |
|               | efruit, |        |       |        | CTARES |       |
|               | Fresh   |        |       |        | )(1000 |       |
|               |         |        |       |        | TREES  |       |
|               |         |        |       |        | )(1000 |       |
|               |         |        |       |        | MT)    |       |
+---------------+---------+--------+-------+--------+--------+-------+
|               | 2002    | R      | 2003  | Es     | 2004   | For   |
|               |         | evised |       | timate |        | ecast |
+---------------+---------+--------+-------+--------+--------+-------+
|               | USDA    | Post   | USDA  | Post   | USDA   | Post  |
|               | O       | Es     | Off   | Es     | Of     | Est   |
|               | fficial | timate | icial | timate | ficial | imate |
|               | \[Old\] | \      | \[    | \      | \      | \[    |
|               |         | [New\] | Old\] | [New\] | [Old\] | New\] |
+---------------+---------+--------+-------+--------+--------+-------+
| Market Year   |         | 1      |       | 1      |        | 10    |
| Begin         |         | 0/2002 |       | 0/2003 |        | /2004 |
+---------------+---------+--------+-------+--------+--------+-------+
| Area Planted  | 0       | 0      | 0     | 0      | 0      | 0     |
+---------------+---------+--------+-------+--------+--------+-------+
| Area          | 0       | 0      | 0     | 0      | 0      | 0     |
| Harvested     |         |        |       |        |        |       |
+---------------+---------+--------+-------+--------+--------+-------+
| Bearing Trees | 0       | 0      | 0     | 0      | 0      | 0     |
+---------------+---------+--------+-------+--------+--------+-------+
| Non-Bearing   | 0       | 0      | 0     | 0      | 0      | 0     |
| Trees         |         |        |       |        |        |       |
+---------------+---------+--------+-------+--------+--------+-------+
| TOTAL No. Of  | 0       | 0      | 0     | 0      | 0      | 0     |
| Trees         |         |        |       |        |        |       |
+---------------+---------+--------+-------+--------+--------+-------+
| Production    | 0       | 0      | 0     | 0      | 0      | 0     |
+---------------+---------+--------+-------+--------+--------+-------+
| Imports       | 272     | 272    | 300   | 304    | 0      | 220   |
+---------------+---------+--------+-------+--------+--------+-------+
| TOTAL SUPPLY  | 272     | 272    | 300   | 304    | 0      | 220   |
+---------------+---------+--------+-------+--------+--------+-------+
| Exports       | 0       | 0      | 0     | 0      | 0      | 0     |
+---------------+---------+--------+-------+--------+--------+-------+
| Fresh Dom.    | 272     | 272    | 300   | 304    | 0      | 220   |
| Consumption   |         |        |       |        |        |       |
+---------------+---------+--------+-------+--------+--------+-------+
| Processing    | 0       | 0      | 0     | 0      | 0      | 0     |
+---------------+---------+--------+-------+--------+--------+-------+
| TOTAL         | 272     | 272    | 300   | 304    | 0      | 220   |
| DISTRIBUTION  |         |        |       |        |        |       |
+---------------+---------+--------+-------+--------+--------+-------+

## Grapefruit Juice PS&D Table

  -------------- ------------ ---------- ---------- ---------- ---------- ----------
  PSD Table                                                               

  Country        Japan                                                    

  Commodity      Grapefruit                                    (MT)       
                 Juice                                                    

                 2002         Revised    2003       Estimate   2004       Forecast

                 USDA         Post       USDA       Post       USDA       Post
                 Official     Estimate   Official   Estimate   Official   Estimate
                 \[Old\]      \[New\]    \[Old\]    \[New\]    \[Old\]    \[New\]

  Market Year                 10/2002               10/2003               10/2004
  Begin                                                                   

  Deliv. To      0            0          0          0          0          0
  Processors                                                              

  Beginning      1000         1000       1000       1000       1000       1000
  Stocks                                                                  

  Production     0            0          0          0          0          0

  Imports        31272        31272      32000      32128      0          22000

  TOTAL SUPPLY   32272        32272      33000      33128      1000       23000

  Exports        0            0          0          0          0          0

  Domestic       31272        31272      32000      32128      0          22000
  Consumption                                                             

  Ending Stocks  1000         1000       1000       1000       0          1000

  TOTAL          32272        32272      33000      33128      0          23000
  DISTRIBUTION                                                            
  -------------- ------------ ---------- ---------- ---------- ---------- ----------

## Fresh Grapefruit Import Trade Matrix

  ----------------- ----------------- ----------------- ------------------
  Import Trade                                          
  Matrix                                                

  Country           Japan                               

  Commodity         Grapefruit, Fresh                   

  Time Period:      Oct.-Sept.        Units:            Metric Tons

  Imports for:      2002                                2003

  U.S.              194356            U.S.              220303

  Others                              Others            

  South Africa      65673             South Africa      69476

  Israel            7718              Israel            8353

  Swaziland         4904              Swaziland         5442

  Chile             153               Cuba              608

  Argentina         22                Chile             168

  Cuba              19                Argentina         89

                                                         

                                                         

                                                         

                                                         

  Total for Others  78489                               84136

  Others not Listed 2                                   4

  Grand Total       272847                              304443
  ----------------- ----------------- ----------------- ------------------

## Grapefruit Juice Import Trade Matrix

  ----------------- ----------------- ----------------- ------------------
  Import Trade                                          
  Matrix                                                

  Country           Japan                               

  Commodity         Grapefruit Juice                    

  Time Period:      Oct.-Sept.        Units:            Metric Tons

  Imports for:      2002                                2003

  U.S.              19122             U.S.              21571

  Others                              Others            

  Israel            9724              Israel            8169

  Cuba              839               Italy             661

  Australia         499               Belize            584

  Belize            379               Australia         440

  Italy             209               Cuba              214

  Netherlands       195               South Africa      175

  South Africa      129               Canada            82

  Canada            54                Netherlands       68

  Austria           49                South Korea       57

  Spain             44                Spain             42

  Total for Others  12121                               10492

  Others not Listed 29                                  65

  Grand Total       31272                               32128
  ----------------- ----------------- ----------------- ------------------

## Fresh Grapefruit Wholesale Price Table

  -------------------- ----------------- ----------------- ----------------
  Prices Table                                             

  Country              Japan                               

  Commodity            Grapefruit, Fresh                   

  Prices in:           Yen               per uom:          KG

                                                           

  Year                 2003              2004              \% Change

  Jan                  146               132               -10%

  Feb                  143               135               -6%

  Mar                  152               145               -5%

  Apr                  161               143               -11%

  May                  161               135               -16%

  Jun                  157               131               -17%

  Jul                  156               149               -4%

  Aug                  159               148               -7%

  Sep                  152               133               -13%

  Oct                  150                                 -100%

  Nov                  154                                 -100%

  Dec                  139                                 -100%

                                                           

  Exchange Rate        102.76            Local Currency/US 
                                         \$                

  Date of Quote        11/29/2004        MM/DD/YYYY        
  -------------------- ----------------- ----------------- ----------------

## Fresh Lemon PS&D Table

  --------------- ---------- ---------- ---------- ---------- ----------------- ----------
  PSD Table                                                                     

  Country         Japan                                                         

  Commodity       Lemons,                                     (HECTARES)(1000   
                  Fresh                                       TREES)(1000 MT)   

                  2002       Revised    2003       Estimate   2004              Forecast

                  USDA       Post       USDA       Post       USDA Official     Post
                  Official   Estimate   Official   Estimate   \[Old\]           Estimate
                  \[Old\]    \[New\]    \[Old\]    \[New\]                      \[New\]

  Market Year                10/2002               10/2003                      10/2004
  Begin                                                                         

  Area Planted    0          0          0          0          0                 0

  Area Harvested  0          0          0          0          0                 0

  Bearing Trees   0          0          0          0          0                 0

  Non-Bearing     0          0          0          0          0                 0
  Trees                                                                         

  TOTAL No. Of    0          0          0          0          0                 0
  Trees                                                                         

  Production      2          2          2          2          0                 2

  Imports         89         89         88         85         0                 87

  TOTAL SUPPLY    91         91         90         87         0                 89

  Exports         0          0          0          0          0                 0

  Fresh Dom.      91         91         90         87         0                 89
  Consumption                                                                   

  Processing      0          0          0          0          0                 0

  TOTAL           91         91         90         87         0                 89
  DISTRIBUTION                                                                  
  --------------- ---------- ---------- ---------- ---------- ----------------- ----------

## Lemon Juice PS&D Table

  -------------- ---------- ---------- ---------- ---------- ---------- ----------
  PSD Table                                                             

  Country        Japan                                                  

  Commodity      Lemon                                       (MT)       
                 Juice                                                  

                 2002       Revised    2003       Estimate   2004       Forecast

                 USDA       Post       USDA       Post       USDA       Post
                 Official   Estimate   Official   Estimate   Official   Estimate
                 \[Old\]    \[New\]    \[Old\]    \[New\]    \[Old\]    \[New\]

  Market Year               10/2002               10/2003               10/2004
  Begin                                                                 

  Deliv. To      0          0          0          0          0          0
  Processors                                                            

  Beginning      1500       1500       500        500        1500       500
  Stocks                                                                

  Production     0          0          0          0          0          0

  Imports        9995       9995       12000      10200      0          11000

  TOTAL SUPPLY   11495      11495      12500      10700      1500       11500

  Exports        0          0          0          0          0          0

  Domestic       10995      10995      11000      10200      0          10500
  Consumption                                                           

  Ending Stocks  500        500        1500       500        0          1000

  TOTAL          11495      11495      12500      10700      0          11500
  DISTRIBUTION                                                          
  -------------- ---------- ---------- ---------- ---------- ---------- ----------

## Fresh Lemon Import Trade Matrix

  ----------------- ----------------- ----------------- ------------------
  Import Trade                                          
  Matrix                                                

  Country           Japan                               

  Commodity         Lemons, Fresh                       

  Time Period:      Oct.-Sept.        Units:            Metric Tons

  Imports for:      2002                                2003

  U.S.              63541             U.S.              59590

  Others                              Others            

  Chile             13959             Chile             14369

  South Africa      8438              South Africa      7733

  Australia         1259              Argentina         2286

  New Zealand       1050              New Zealand       837

  Argentina         701               Australia         210

                                      Mexico            74

                                                         

                                                         

                                                         

                                                         

  Total for Others  25407                               25509

  Others not Listed 2                                   2

  Grand Total       88950                               85101
  ----------------- ----------------- ----------------- ------------------

## Lemon Juice Import Trade Matrix

  ------------------ ---------------- ------------------ -----------------
  Import Trade                                           
  Matrix                                                 

  Country            Japan                               

  Commodity          Lemon Juice                         

  Time Period:       Oct.-Sept.       Units:             Metric Tons

  Imports for:       2002                                2003

  U.S.               577              U.S.               637

  Others                              Others             

  Israel             4056             Israel             3857

  Argentina          2409             Italy              2504

  Italy              2244             Argentina          2414

  Brazil             374              Brazil             595

  Spain              313              Spain              141

  Chile              22               Chile              49

                                      France             1

                                                          

                                                          

                                                          

  Total for Others   9418                                9561

  Others not Listed  0                                   2

  Grand Total        9995                                10200
  ------------------ ---------------- ------------------ -----------------

## Fresh Lemon Wholesale Price Table

  ------------------- ------------------ ---------------- ----------------
  Prices Table                                            

  Country             Japan                               

  Commodity           Lemons, Fresh                       

  Prices in:          Yen                per uom:         KG

                                                          

  Year                2003               2004             \% Change

  Jan                 210                160              -24%

  Feb                 192                159              -17%

  Mar                 169                190              12%

  Apr                 198                219              11%

  May                 260                221              -15%

  Jun                 235                244              4%

  Jul                 213                243              14%

  Aug                 194                207              7%

  Sep                 186                172              -8%

  Oct                 188                                 -100%

  Nov                 183                                 -100%

  Dec                 166                                 -100%

                                                          

  Exchange Rate       102.76             Local            
                                         Currency/US \$   

  Date of Quote       11/29/2004         MM/DD/YYYY       
  ------------------- ------------------ ---------------- ----------------

## Fresh Tangerine PS&D Table

  ---------------- ------------- ---------- ---------- ---------- ----------------- ----------
  PSD Table                                                                         

  Country          Japan                                                            

  Commodity        Tangerines,                                    (HECTARES)(1000   
                   Fresh                                          TREES)(1000 MT)   

                   2002          Revised    2003       Estimate   2004              Forecast

                   USDA Official Post       USDA       Post       USDA Official     Post
                   \[Old\]       Estimate   Official   Estimate   \[Old\]           Estimate
                                 \[New\]    \[Old\]    \[New\]                      \[New\]

  Market Year                    10/2002               10/2003                      10/2004
  Begin                                                                             

  Area Planted     69430         69430      67630      67630      0                 65680

  Area Harvested   65970         65970      64430      64230      0                 62370

  Bearing Trees    39582         39582      38658      38538      0                 37422

  Non-Bearing      6228          6228       5760       6120       0                 5958
  Trees                                                                             

  TOTAL No. Of     45810         45810      44418      44658      0                 43380
  Trees                                                                             

  Production       1332          1332       1317       1330       0                 1235

  Imports          10            10         10         11         0                 11

  TOTAL SUPPLY     1342          1342       1327       1341       0                 1246

  Exports          5             5          5          5          0                 5

  Fresh Dom.       1217          1217       1157       1171       0                 1116
  Consumption                                                                       

  Processing       120           120        165        165        0                 125

  TOTAL            1342          1342       1327       1341       0                 1246
  DISTRIBUTION                                                                      
  ---------------- ------------- ---------- ---------- ---------- ----------------- ----------

## Tangerine Juice PS&D Table

  -------------- ----------- ---------- ---------- ---------- ---------- ----------
  PSD Table                                                              

  Country        Japan                                                   

  Commodity      Tangerine                                    (MT)       
                 Juice                                                   

                 2002        Revised    2003       Estimate   2004       Forecast

                 USDA        Post       USDA       Post       USDA       Post
                 Official    Estimate   Official   Estimate   Official   Estimate
                 \[Old\]     \[New\]    \[Old\]    \[New\]    \[Old\]    \[New\]

  Market Year                10/2002               10/2003               10/2004
  Begin                                                                  

  Deliv. To      90000       90000      135000     135000     0          95000
  Processors                                                             

  Beginning      3000        3000       1000       1000       3000       3000
  Stocks                                                                 

  Production     9000        9000       13500      13500      0          9500

  Imports        0           0          0          0          0          0

  TOTAL SUPPLY   12000       12000      14500      14500      3000       12500

  Exports        0           0          0          0          0          0

  Domestic       11000       11000      11500      11500      0          10500
  Consumption                                                            

  Ending Stocks  1000        1000       3000       3000       0          2000

  TOTAL          12000       12000      14500      14500      0          12500
  DISTRIBUTION                                                           
  -------------- ----------- ---------- ---------- ---------- ---------- ----------

## Fresh Tangerine Export Trade Matrix

  ------------------ ----------------- ----------------- ----------------
  Export Trade                                           
  Matrix                                                 

  Country            Japan                               

  Commodity          Tangerines, Fresh                   

  Time Period:       Oct.-Sept.        Units:            Metric Tons

  Exports for:       2002                                2003

  U.S.               0                 U.S.              275

  Others                               Others            

  Canada             4850              Canada            4713

  Hong Kong          119               Hong Kong         106

  Guam               30                Guam              33

  Singapore          26                Singapore         26

  Taiwan             17                Taiwan            20

  Northern Mariana   12                Northern Mariana  8

  New Zealand        6                 North Korea       3

  Malaysia           3                                    

  North Korea        1                                    

                                                          

  Total for Others   5064                                4909

  Others not Listed  2                                   1

  Grand Total        5066                                5185
  ------------------ ----------------- ----------------- ----------------

## Fresh Tangerine Import Trade Matrix

  ------------------ ----------------- ----------------- ----------------
  Import Trade                                           
  Matrix                                                 

  Country            Japan                               

  Commodity          Tangerines, Fresh                   

  Time Period:       Oct.-Sept.        Units:            Metric Tons

  Imports for:       2002                                2003

  U.S.               6443              U.S.              8351

  Others                               Others            

  Chile              1253              Australia         971

  Australia          1183              Chile             921

  New Zealand        885               New Zealand       879

  South Korea        194               South Korea       76

  Taiwan             57                Taiwan            53

                                                          

                                                          

                                                          

                                                          

                                                          

  Total for Others   3572                                2900

  Others not Listed  1                                   3

  Grand Total        10016                               11254
  ------------------ ----------------- ----------------- ----------------

## Fresh Tangerine Wholesale Price Table

  -------------------- ----------------- ----------------- ----------------
  Prices Table                                             

  Country              Japan                               

  Commodity            Tangerines, Fresh                   

  Prices in:           Yen               per uom:          KG

                                                           

  Year                 2003              2004              \% Change

  Jan                  143               145               1%

  Feb                  150               174               16%

  Mar                  162               192               19%

  Apr                  399               367               -8%

  May                  1063              995               -6%

  Jun                  743               805               8%

  Jul                  650               779               20%

  Aug                  648               631               -3%

  Sep                  336               302               -10%

  Oct                  167                                 -100%

  Nov                  131                                 -100%

  Dec                  135                                 -100%

                                                           

  Exchange Rate        102.76            Local Currency/US 
                                         \$                

  Date of Quote        11/29/2004        MM/DD/YYYY        
  -------------------- ----------------- ----------------- ----------------

## Fresh Citrus, Other PS&D Table

  --------------- ----------- ---------- ---------- ---------- ----------------- ----------
  PSD Table                                                                      

  Country         Japan                                                          

  Commodity       Citrus,                                      (HECTARES)(1000   
                  Other,                                       TREES)(1000 MT)   
                  Fresh                                                          

                  2002        Revised    2003       Estimate   2004              Forecast

                  USDA        Post       USDA       Post       USDA Official     Post
                  Official    Estimate   Official   Estimate   \[Old\]           Estimate
                  \[Old\]     \[New\]    \[Old\]    \[New\]                      \[New\]

  Market Year                 10/2002               10/2003                      10/2004
  Begin                                                                          

  Area Planted    3980        3980       3850       3850       0                 3700

  Area Harvested  3970        3970       3840       3810       0                 3660

  Bearing Trees   2382        2382       2304       2286       0                 2196

  Non-Bearing     18          18         18         72         0                 72
  Trees                                                                          

  TOTAL No. Of    2400        2400       2322       2358       0                 2268
  Trees                                                                          

  Production      82          82         77         75         0                 69

  Imports         0           0          0          0          0                 0

  TOTAL SUPPLY    82          82         77         75         0                 69

  Exports         0           0          0          0          0                 0

  Fresh Dom.      79          79         74         72         0                 66
  Consumption                                                                    

  Processing      3           3          3          3          0                 3

  TOTAL           82          82         77         75         0                 69
  DISTRIBUTION                                                                   
  --------------- ----------- ---------- ---------- ---------- ----------------- ----------

## Fresh Citrus, Other Wholesale Price Table

  ------------------ ----------------- ----------------- -----------------
  Prices Table                                           

  Country            Japan                               

  Commodity          Citrus, Other,                      
                     Fresh                               

  Prices in:         Yen               per uom:          KG

                                                         

  Year               2003              2004              \% Change

  Jan                190               199               5%

  Feb                165               177               7%

  Mar                149               164               10%

  Apr                140               149               6%

  May                142               147               4%

  Jun                129               129               0%

  Jul                98                96                -2%

  Aug                89                108               21%

  Sep                119               108               -9%

  Oct                179                                 -100%

  Nov                n/a                                 #VALUE!

  Dec                236                                 -100%

                                                         

  Exchange Rate      102.76            Local Currency/US 
                                       \$                

  Date of Quote      11/29/2004        MM/DD/YYYY        
  ------------------ ----------------- ----------------- -----------------