News Archive

News Archive

Pecan Market Update

01/24/2012

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 handle current consumption. When compared…

October Almond Position Report

11/10/2011

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. As such, prices will probably continue to…

Pecan Market Update

11/09/2011

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…

Pecan Market Update

08/25/2011

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 Cold Storage report, and for the first…

July Pecan Market Update

07/08/2011

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 million pounds; almost a 12% increase thereby…

USDA 2011 Objective Almond Crop Estimate

07/06/2011

The USDA released their 2011 Objective Almond Crop Estimate today projecting a 1.95 billion pound crop (kernel basis) based on 750,000 producing acres. This figure is 11% ( 200 million pounds) higher than the May Subjective Estimate and 19% higher than last year's crop. While many within the…

Pecan Market Update

06/20/2011

As has become tradition, the Louisiana Growers are usually the first group to try and put a figure on the upcoming Pecan crop. Even though their estimate comes out very early in the season, over the past few years their track record has been pretty good.  This year, due to adverse weather during…

Almond Market Report

06/13/2011

Record May shipments and a late crop have caused most sellers to pull back while they evaluate their positions. Based on May shipment figures, the industry shipped almost 42% more almonds in May 2011 than they did a year ago. About the same time, the Almond Board announced that they were…

Demand remains strong even in the face of higher prices and limited supplies

03/28/2011

Based on the latest USDA Cold Storage Report, it would appear that at this time, record market prices have not adversely impacted demand. While demand from China has temporarily slowed, meat shipments continue to be very strong to the domestic market. As expected, there are shortages of Mammoth…

January Pecan Market Update

01/24/2011

This past Friday, two significant figures were released by the USDA, National Ag Statistics Service. The first, and most significant, was the revision to the final 2009 Pecan Crop figures. From a background standpoint, when the final figures were released by the USDA last July, they put the 2009…