Pecan Market Update -
05/25/12
Based on the recent Cold Storage Report, it would appear that the severe drought that plagued the industry last year is still having an adverse impact on the Pecan market. The recently released figures indicate that worldwide Pecan consumption is off by...
USDA releases their 2012 Subjective Almond Crop Estimate -
05/06/12
On Thursday, May 3, 2012, the USDA released their 2012 Subject Almond Crop Estimate forecasting a crop of 2.0 billion pounds (kernel basis). This is approximately 1.5% below last year's production and is based on 780,000 bearing acres. After three record...
Pecan Market Update -
03/22/12
Shortly after the release of my March 16, 2012, Pecan Market Update, it was brought to my attention that there was an error in my calculations relative to Total Supply. After correcting the error, the supply situation shapes up as follows:
2010...
March Pecan Market Update -
03/16/12
On Thursday, March 15, 2012, the USDA NASS released the long awaited 2011 preliminary crop summary. As expected, their estimate of the 2011 Pecan crop was revised upwards from 251.7 million pounds (inshell basis) to 271.4 million pounds. Normally this...
Pecan Market Update -
02/23/12
On Tuesday the National Pecan Sheller's Association released their best guestimate of the 2011 Pecan crop estimating the crop to be 280.5 million pounds (inshell basis). That figure is slightly higher than the October USDA estimate of 251.7 million...
Pecan Market Update -
01/24/12
On Friday, January 20, 2012, the USDA released the December Cold Storage figures. While the November figures were lowered slightly indicating a little better consumption than originally indicated, the December figures still show sufficient inventories to...
October Almond Position Report -
11/10/11
Almond shipments for October 2011 set another record. According to the October Position Report that was released only moments ago, the industry shipped over 219.5 million pounds in October; over 30 million pounds more than last year's October shipments....
Pecan Market Update -
11/09/11
As predicted in my October Pecan Crop Update, the industry carried almost 96 million pounds of the 2010 crop into 2011. While the bulk of the carry out was made up of meal, midgets, small pieces and off grades, most of which is not in great demand, it...
Pecan Market Update -
08/25/11
While some segments of the Pecan industry like to discount the governments Cold Storage reports, statistically speaking, history has shown them to be a fairly good predictor of future market trends. On Monday, August 22, 2011, the USDA released their...
July Pecan Market Update -
07/08/11
In another example as to why the Pecan Industry needs to develop a better way to collect crop information, the USDA released their final 2010 Pecan Crop Estimate raising their preliminary estimate from 259.66 million pounds (inshell basis) to 293.74...
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