News Archive

News Archive

USDA Releases Final 2021 Crop Figure

05/20/2022

Like the weather, things often change overnight in the pecan industry. Back in January it appeared that the industry’s carryout would be the smallest in ten years.  Consumption…

Kernel Exports Soar as Both the Mexican & US Crops Appear Larger Than Originally Forecast

03/30/2022

While prices remain firm in the face of tighter than expected supplies and a continued appetite for pecans, last week’s release of the February Cold Storage figures, as well as…

US Cold Storage Levels Hit 30-Year Low

01/28/2022

This past Monday, the USDA released the December Cold Storage holdings.  While the figure showed a lower-than-expected inventory position, it should not have come as a surprise…

American Pecan Council Cancels December USDA Pecan Crop Estimate

12/09/2021

For over twenty years, I have advocated the need for a strong industry marketing order, if for no other reason than to provide the industry with a unified approach to marketing…

USDA Issues First 2021 Pecan Crop Estimate

10/12/2021

The USDANASS (National Agricultural Statistics Service) issued the first ‘official’ pecan crop estimate of the 2021 crop year.  Unfortunately, it was considerably lower than…

From the "Hen' House - Available Supply Falls in the Face of Record Consumption

09/02/2021

Last week, the National Pecan Sheller's Association concluded their first 'in person' meeting in almost 18-months with their estimate of the 2021 crop.  Based on a survey of their memebership, as well as those in attendance, they are predicting a 2021 US crop of 322,925,000 inshell pounds,…

Pecan Consumption Nears 600 Million Pounds in the Face of Short Supply

08/04/2021

On July 20th, the Texas Pecan Growers Association closed their annual meeting with the first crop estimate of the 2021 pecan crop.  Based on their membership, they estimate the crop to be 297 million pounds (inshell basis), down 1.8% from last year.  Using NASS cold storage data, FAS…

"To Be or Not To Be.." That is the Question

06/11/2021

“To be, or not to be…” is one of the most well-know and quoted phrases in history.  The opening lines of Prince Hamlet’s soliloquy from Scene 1, Act 3 (the ‘nunnery scene’), where Hamlet contemplates death and suicide, could be used as a warning to the US Pecan Growers who, for…

Pecan Consumption Continues at Record Pace

05/14/2021

On May 5, 2021, the USDA released their final estimate of the 2020 pecan crop.  Based on their data, the 2020 crop came in at 305.36 million pounds (inshell basis). Using NASS cold storage data, as well as APC inventory figures, the extrapolated supply situation shapes up as follows:…

Both the USDA and APC February Inventory Figures Indicate Both Increased Domestic Pecan Consumption and Increased Exports

03/29/2021

Last week’s release of the USDA Cold Storage holdings contained nothing but good news.  Not only were the February holdings lower than the previous year, but it was also the first time in fifteen months that the figures were lower than the previous years’ holdings.  Based on the February APC…