2016 Mexican Crop Sets New Record as China's Appetite for Shelled Pecans Contiues to Increase -
05/08/17
Back in September, during their annual meeting, the Mexican pecan growers projected a 2016 crop of approximately 270 million pounds. After two consecutive years of record crops, many within the industry greeted the estimate with skepticism even though...
While Pecan Shipments Continue to be Good, US Domestic Consumption Continues to Fall -
04/04/17
On Thursday, March 23, 2017, the National Pecan Sheller’s Association estimated the 2016 US Pecan Crop to be 286.7 million pounds (inshell basis). Based on their figures, this is how the US supply shapes up:
2016 Carry-In...
Pecan Prices Remain Firm Even With Near-Record Cold Storage Holdings -
02/28/17
This past Thursday, the USDA released the January Cold Storage figures. As has been the case for the past several months, supplies are still running well ahead of last year; 284.8 million pounds vs. 260.9 million pounds (inshell basis). While prices...
USDA Releases December Cold Storage Data-Record Inventories & Record Prices -
01/25/17
As the harvest slowly concludes in both Mexico and the US, demand continues to be good. As expected, exports to China were good through November; up approximately 40% over the same period a year ago. Further, overall exports were also up. However, all...
November Cold Storage Holdings; the Second Largest for a November Ever -
12/23/16
Based on the October FAS export figures, overall consumption continues to be down; currently running about 11% below the same period a year ago. The report also shows that shipments to China were down. However, because the harvest started so late, that...
The Data Doesn't Seem to Justify the Current Pecan Market Feeding Frenzy -
12/09/16
For those of have been scratching their heads as to the current condition of the pecan market, you are not alone. With current market prices at or near record levels, and what appears to be a feeding frenzy going on in the orchards, both the Growers...
Amerian Pecan Council Meets for the First Time While the Industry Deals With High Prices & Reduced Consumption -
11/25/16
On November 16 and 17, the newly established American Pecan Council met for the first time. Hosted by the USDA at the George H. W. Bush International Airport Marriott Hotel, the meeting started with introductions, a briefing on the mechanics of the...
USDA Announces Newly Elected American Pecan Council Members; 2015 US Pecan Consumption Down 9.3% -
10/26/16
This morning the USDA announced the results of the recently concluded election to seat industry representatives to the newly established American Pecan Council. Congratulations to the industry, and those elected to the Board, as the industry takes...
The 2016 Pecan Crop Looks Good; Worldwide Supplies Projected to be Higher -
09/23/16
Recently released 2015 crop year export figures contained a lot of both good, as well as disconcerting, information. On the good side, while US pecan exports were off 12.5% over the previous year, all of the reduction can be attributed to China. Exports...
For Second Year In-a-Row, Mexico Outpaces the US in Pecan Production -
08/09/16
For the second year in a row, Mexican pecan production outpaced the US. Based on recently released crop figures, Mexico produced a record 2015 pecan crop; 270,535.4 million pounds, an increase of almost 400,000 lbs over the 2014 record crop. Further,...
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