News Archive

News Archive

While HIgh Prices and Tighter Supplies Impact Consumption, There will be No 2015 Preliminary Crop Estimate

02/08/2016

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 various segments of the pecan…

USDA NASS Cancels the 2015 Preliminary Crop Report

01/14/2016

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 that the data would have normally been…

Pecan Prices Near Record Levels

01/08/2016

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 projected to be a promising on-year crop…

Pecan Prices Approach Record Levels

12/22/2015

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, major retailers are just now beginning to…

USDA Releases their October 2015 Cold Storage Holdings

11/23/2015

  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)                      272,340,000…

USDA Releases First 2015 Pecan Crop Estimate

10/12/2015

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 there would not be enough pecans to fill…

Mexico Reports Record 2014 Pecan Crop/August Cold Storage Dissappearance Dissappointing

09/22/2015

For the first time ever, the Mexican pecan crop was larger than the US crop.  Based on Mexican Government figures released on July 31, 2015, the Mexican crop was just under 271 million pounds compared to a US crop of 264 million pounds.  With Mexico continuing to plant more trees, this will…

Pecan Consumption Appears to Top 500 Million Pounds

08/06/2015

While there are still two months to go in the 2014 crop year, it would appear to be a year of records for the Pecan industry; record overall consumption, record exports, record domestic consumption and record imports from Mexico.  Based on recently released import and export data, it would…

Tri-State Growers Release First 2015 Pecan Crop Estimate

06/23/2015

The Tri-State Growers (Arkansas, Louisiana and Mississippi) concluded their annual meeting this past Friday with the first crop estimate of the season.  While the crop is projected to be larger than the 2014 crop, 283 million pounds vs 265 million pounds, total supply will be lower…

Increased Consumption Can Be A 'Double-Edged' Sword

05/29/2015

The South African pecan harvest is progressing well with many expecting the crop to be as big as, or larger, than last year’s crop.  However, early data indicates that individual nut size is smaller than expected.  While the Chinese prefer to purchase oversize nuts, approximately 50 to 60 count…