News Archive

News Archive

February Pecan Cold Storage Holdings Spike to Historical Highs

03/27/2020

For the second month in a row, we have seen significant increases in the Cold Storage figures.  While there is some concern that the increase could be related to the COVID-19 virus, that does not explain the January jump.  Further, annual shipments to China, Korea and Japan are considerably…

While Consumption Continues to Increase, January Cold Storage Holdings Jump Unexpectedly

02/26/2020

Contrary to what was published last week by a less than reputable blogger, based on recently released USDA FAS data, and currently available crop information, both US pecan exports and US Domestic Consumption continue to rise.  According to the December FAS data, overall pecan exports are…

It's Time for the Pecan Industry To Get It's Head Out of the Sand

02/21/2020

Over the next few months, every major pecan industry association will be meeting to discuss the 2020 crop, prices, trade issues, the direction of the industry, etc.  As is normally the case, there will be a plethora of complaints about pricing, inconsistent yielding of inshell, imports from…

Shorter Supply, Quality Issues and Increased Consumption Lead to Higher Prices

01/24/2020

For those who are relatively new to the pecan industry, there was a time when the USDA NASS published a September, October and  December crop estimate as well as a January Preliminary Crop report and a June/July Crop final.  Due to budget cuts, and the cost of publishing that number of reports…

November Cold Storage Holdings Finally Drop Below Prior Year Levels

12/24/2019

For what has certainly been a year for the record books, yesterday’s Cold Storage figures were certainly encouraging.  For the first time since April 2018, there are less pecans in inventory than there were in the prior year. Yes, the harvest started late and shipments of Mexican inshell are…

The Pecan Industry Can No Longer Ignore a Certain Blogger

12/19/2019

Well it seems that Mr. Matthew Bailey just can’t seem to help himself.  As he has done on numerous previous occasions, he has again attempted to slander and defame the reputation of myself, Mr. George Martin and Navarro Pecan Company.  In an article published today on his website, he has again…

Pecan Consumption Continues to Increase

11/22/2019

Today’s release of the USDA October Cold Storage Holdings, and their revision to the September figures, did little to change the consumption figures for 2018/2019.  Based on the revised figures, 2018 supply and consumption shaped up as follows: 2018 Available Carry-in (USDA minus APC Sept…

2018 Pecan Shipments/Committments Bode Well for 2019

10/24/2019

On Tuesday, the USDA released the September Cold Storage Holdings.  Based on their figures, 2018 supply shaped up as follows: 2018 Available Carry-in (USDA minus APC Sept. Commitments)             69,911,915 2018 US Crop (USDA…

August Cold Storage Holdings Seem to Indicate Stable Pricing in the Months Ahead

09/23/2019

At the conclusion of the National Pecan Sheller’s annual meeting, the association projected a 2019 US crop of 303,275,000 lbs.  As part of their estimate, they projected a 2019 carry-in of 180 million pounds.  Based on today’s release of the August Cold Storage Holdings, that figure should be…

Under the Guidance of the American Pecan Council, the Pecan Industry is Laying a Solid Foundation for the Future

08/22/2019

Having just returned from what turned out to be a very productive American Pecan Council meeting as well as the industry’s second Pecan Congress, one cannot help but be impressed with the progress that the industry has made over the past twelve months.  New kernel and inshell standards have been…