News Archive

News Archive

The Data Doesn't Seem to Justify the Current Pecan Market Feeding Frenzy

12/09/2016

  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 and the Shellers need to take a step…

Amerian Pecan Council Meets for the First Time While the Industry Deals With High Prices & Reduced Consumption

11/25/2016

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 marketing order and the USDA’s role in its…

USDA Announces Newly Elected American Pecan Council Members; 2015 US Pecan Consumption Down 9.3%

10/26/2016

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 another step forward. Wasting no time, the…

The 2016 Pecan Crop Looks Good; Worldwide Supplies Projected to be Higher

09/23/2016

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 to most of the other major pecan markets…

For Second Year In-a-Row, Mexico Outpaces the US in Pecan Production

08/09/2016

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, based on July 31, 2016 trade figures, Mexico…

The USDA Releases the Final 2015 Pecan Crop Figures

07/06/2016

Today’s USDA release of the final 2015 crop figures is another example of why the Pecan industry needed to pass the marketing order.  Statistics have always been a problem for the industry and today’s release is no exception.  Based on voluntary input from both Growers and Shellers, the USDA put…

May Cold Storage Holdings Figures Indicate New May Shipping Record

06/24/2016

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 any other May in history; and not by just a…

US Cold Storage Data Indicates Larger Than Expected Inventory

05/23/2016

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 actual size of each year’s crop and the…

Other Than In-shell Shipments to China, Pecan Consumption Continues to be Strong

04/22/2016

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 China continue to increase and are…

USDA Revises January Cold Storage Holdings/Consumption Continues to be Strong

03/23/2016

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 incorrectly submitted shelled meat data for…