Tri-States Growers Release Their 2013 Pecan Crop Estimate
06/21/2013
Today’s USDA Cold Storage report shows an industry inventory just shy of 300 million pounds (inshell basis). Based on historical data, and assuming that consumption continues at or near its current pace, the industry could carry out as much as 205.7 million pounds of product into the 2013 crop.…
06/19/2013
Over the past 100 years, nothing has had a greater impact on the Pecan industry than the emergence of China as a trading partner. Since 2002, no country, no company, no natural event, no innovation has changed the Pecan industry more that China. In the process, Growers have seen the value of…
Export Figures Reveal More Than Just Exports
05/15/2013
Based on the latest USDA FAS Import and Export figures, as well as the March Cold Storage holdings, one could easily make the argument that the 2012 Pecan Crop was at least 360 million pounds (inshell basis). Unfortunately, due to the recent decision by the USDA to cancel all future crop…
China Sets New Pecan Import Record as the Industry Faces New Challenges
04/17/2013
There were no surprises in last week’s release of the February import/export figures by the Foreign Ag Statistics Service. Based on the FAS figures, and as expected, exports to China set a new record. Between August 1, 2012 and February 28, 2013, China imported almost 89 million pounds (…
January FAS Pecan Export Data: Good News or Bad?
03/13/2013
Last week’s release of the January export figures contained both good and bad news. The good news; exports continue to be up dramatically over the same period last year. The bad news; exports continue to be up dramatically over the same period last year. Confused? On the surface, the USDA…
02/13/2013
This past Thursday the National Pecan Sheller’s Association (NPSA) released their estimate of the 2012 Pecan Crop projecting a crop of 316 million pounds (inshell basis). While this is approximately 14 million pounds more than the January USDA estimate of 302.8 million pounds, due to the…
USDA Projects a 2012 Pecan Crop of 302.8 Million Pounds
01/25/2013
The USDA released their final 2012 crop estimate today…
Is the US Pecan Industry Headed Over Its Own 'Fiscal Cliff?'
12/11/2012
A few years ago, during the course of contract negotiations with a major corporate buyer, the buyer said to me, ‘Why would anyone in their right mind want to be a Pecan Sheller? There is no money in it and it seems that the Shellers take great pleasure in trying to destroy each other regardless…
September 2012 Pecan Crop and Market Update
09/26/2012
Last week the National Pecan Sheller’s Association ended their annual meeting with their estimate of the upcoming Pecan crop. At 309 million pounds (inshell basis), their estimate was the highest of the pre-harvest crop estimates. Averaging their estimate with those of the Tri-State and Texas…