News Archive

News Archive

Pecan Market Update

02/17/2010

Based on the most recent Foreign Ag Statistics Service data, between August 1, 2009, and December 31, 2009, Pecan shipments to China hit a new record; up 300% over the same period a year ago.  Further, more product was shipped during that period than was shipped during the entire 2008 crop year…

Chinese purchases direct from the orchards are having a disasterous impact on the Pecan market

12/16/2009

This past Friday, as expected, the USDA reduced their estimate of the 2009 Pecan Crop to 301.2 million pounds (inshell basis) from their previous estimate of 309.2 million pounds.  Based on current projections, this is how the supply situation shapes up:…

Nut Market Update

10/27/2009

PECANS Based on the most recent Cold Storage figures, it would appear that the industry shipped a record 429 million pounds (inshell basis) of Pecans in 2008/2009.  With the current 'on-year' crop estimated to be approximately 309 million pounds (USDA October estimate),…

The USDA released the first of their three 2009 Crop Estimates

10/12/2009

The USDA released the first of their 2009 Pecan Crop estimates this past Friday estimating the crop to be 309.2 million pounds (inshell basis).  If this figure is correct, when one combines it with an estimated 2008 carryout of 85 million pounds and the140 million pounds of Mexican inshell that…

Pecan Crop Update

09/15/2009

The National Pecan Sheller's Association completed their semi-annual meeting this past weekend with their estimate of the 2009 Pecan Crop.  Based on their member estimates, they expect the 2009 US Pecan crop to be around 347 million pounds (inshell basis).  Should the crop come in as they…

Nut Market Update

07/16/2009

ALMONDS On June 30, 2009, NASS released their 2009 Objective Almond Crop estimate projecting a crop of 1.350 billion pounds (kernel basis).  This is down 7% from the May Subjective Estimate and approximately 17% lower than 2008 crop receipts (currently 1.612 billion…

Pecan Market Update

07/14/2009

Today the Texas Pecan Growers concluded their annual meeting with their estimate of the 2009 Pecan Crop.  As usual, estimates were provided by both Kenneth Pape and Kyle Brookshier.  Based on their figures, the supply situation could shape up as follows:…

Pecan Market Update

06/23/2009

This past Friday, June 19, 2009, the Tri-State (Louisiana, Mississippi and Arkansas) Pecan Producer's Association concluded their annual meeting with the first crop estimate of the season.  While it is still very early in the growing cycle, and while the estimates provided for several of the…

While there was a large inshell dissappearance in March, don't expect prices to go through the roof.

04/24/2009

Based on the March Cold Storage holdings, it would appear that consumption is running well ahead of expectations.  The March release showed an overall decline in the Cold Storage figures of over 19 million pounds (inshell basis), well ahead of historical figures for the same period. While the…

Nut Market Update

01/23/2009

PECANS The USDA released their final estimate for the 2008 Pecan crop today. Based on currently available information, the total supply for 2008/2009 shapes up as follows: …