May Cold Storage Holdings Figures Indicate New May Shipping Record -
06/24/16
Today’s release of the May Cold Storage Holdings, while impressive, left more questions unanswered than answered. Assuming that the figures are correct, and are not adjusted next month, the industry shipped more pecans in the month of May than during...
US Cold Storage Data Indicates Larger Than Expected Inventory -
05/23/16
Because the pecan industry has not had the benefit of operating under a Federal marketing order, it has had to rely on best guesses, segmented industry estimates and varied opinions as to the validity of US Government data when trying to determine the...
Other Than In-shell Shipments to China, Pecan Consumption Continues to be Strong -
04/22/16
While overall US pecan exports continue to be down (approximately 8%), meat shipments are up 4% over the same period a year ago. China continues to be the primary reason for the overall decline with inshell shipments off 33%. However, meat shipments to...
USDA Revises January Cold Storage Holdings/Consumption Continues to be Strong -
03/23/16
The release of the February Cold Storage Holdings contained a lot of good news for the industry. First, the January figures were revised downward approximately 8 million pounds (inshell basis). Based on conversations with the USDA, one Sheller...
While HIgh Prices and Tighter Supplies Impact Consumption, There will be No 2015 Preliminary Crop Estimate -
02/08/16
First, let me begin by thanking everyone who responded to my request and sent emails to the USDA regarding their decision not to publish the Noncitrus Fruits and Nuts 2015 Preliminary Crop Data. Your response was overwhelming! As a result, members from...
USDA NASS Cancels the 2015 Preliminary Crop Report -
01/14/16
Normally I would not send out two newsletters within a week of each other. However, on Tuesday I contacted the USDA National Ag Statistics Service to find out why their crop production report did not include any data on the pecan crop. I was advised...
Pecan Prices Near Record Levels -
01/08/16
Weather continues to create problems for the pecan harvest. Heavy persistent rains throughout the growing region, severe flooding and most recently a heavy snowfall in the southwest (some areas received as much as 18 inches) have turned what many had...
Pecan Prices Approach Record Levels -
12/22/15
The USDA released their November Cold Storage figures today, and while pecan consumption continued at a healthy pace through November, that is certain to change in the months ahead. With walnuts now trading at almost $4.00 per pound less than pecans,...
USDA Releases their October 2015 Cold Storage Holdings -
11/23/15
The USDA released their October Cold Storage figures today. Based on the USDA figures, the 2015 supply situation shapes up as follows:
2014 Carry-out 121,319,000
2015 US Crop (USDA estimate...
USDA Releases First 2015 Pecan Crop Estimate -
10/12/15
In September 1986, the USDA projected a US Crop of approximately 180 million pounds; considerably smaller than anyone in the industry had expected. As one might imagine, prices in the field climbed dramatically. Meat prices also soared. Fearing that...
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