News Archive

News Archive

While Exports to China May Be Down, US Consumption Continues to be Strong

02/21/2014

While the December export figures continue to show a decline in pecan exports over the same period a year ago, almost all of the decline can be attributed to the reduction in the amount of inshell purchased by China; down approximately 46%. This has not only resulted in low field prices, but has…

California and Mexico: Their Impact on the US Pecan Market

01/22/2014

  A recently aired segment on 60 Minutes, as well as several published articles, has focused on the severe drought currently impacting the State of California. Not since the mid-1800’s have conditions been this bad.  Water levels in most of the States reservoirs are the lowest…

No Need to Give Away the Store

12/23/2013

  While it is still too early to draw any definitive projections for the 2014 marketing year, when combined with the recently released October export figures, today’s release of the November Cold Storage holdings should put to bed any concerns about consumption. Meat imports from Mexico…

Pecan Consumption Continues at Record Pace

11/27/2013

  Last Friday’s revised September 30, 2013 Cold Storage figures showed a carryout of 175 million pounds (inshell basis). While this is slightly lower than last month’s figures, when added to recent US and Mexican crop projections, there should still be more than enough pecans to handle…

USDA Releases the September Cold Storge Figures

10/31/2013

Today’s delayed release of the September USDA Cold Storage holdings shows an industry inventory just shy of 181.5 million pounds (inshell basis). When added to the US Crop projections, as well as what is expected to come in from Mexico, the 2013 supply situation shapes up as follows:…

Lower Pecan Prices in 2012/2013 Led to a Significant Increase in Consumption. Where does the Industry Go From Here?

10/02/2013

The final 2012 export figures were published last month by the USDA Foreign Ag Statistics Service (FAS) and, as expected, exports were up dramatically. Overall exports climbed from 150.64 million pounds (inshell basis) to 200.62 million pounds; a new record.  While exports to China accounted for…

US Domestic Pecan Consumption Rises

08/22/2013

While the 2012 crop year export/import data will not be published by the Foreign Ag Statistics Service (FAS) until early next month, Customs data reflects another increase in pecan imports from Mexico.  Between August 1, 2012 and July 31, 2013, the US imported 152.39 million pounds (inshell…

July Almond Shipments Could Help Pecan Consumption

08/09/2013

While the Almond Board's release of the July Position Report may not have been good news for Almond buyers, it was definately good news for the Pecan industry. …

Exports of Shelled Pecans Continue Upward Trend/Texas Growers Release Their 2013 Crop Estimates

07/17/2013

Last week’s release by the Foreign Ag Statistic Service (FAS) of the May export figures contained some very encouraging news.  While inshell shipments to China have temporarily ground to a halt, shipments of shelled Pecan meats continue to improve. May meat shipments were up 10% over April and 4…

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.…