News Archive

News Archive

USDA Releases Preliminary 2014 Pecan Crop Estimate

01/25/2015

The USDA, National Ag Statistics Service released their 2014 Preliminary Crop Summary today, and as expected, lowered their projection for the 2014 pecan crop to 265,370,000 pounds (inshell basis). While many within the industry feel that the figures for Arizona, Louisiana, Oklahoma and New…

October Pecan Consumption Near Record

11/25/2014

  The key to any successful market, or to growing any market, is consumption. While price may have the greatest impact on consumption, without adequate supply, one cannot grow a market. Price therefore becomes irrelevant. Some within the industry fear that the recent increases in pecan…

ADM/Golden Peanut Acquires Harrell Nut Company

11/04/2014

On October 31, 2014, Golden Peanut…

The September Cold Storage Data Sends Mixed Signals

10/24/2014

The USDA, National Ag Statistics Service released their September Cold Storage Holdings this past Wednesday.  Using their figure, the 2014 US supply situation shapes up as follows (inshell basis):           …

'Those Who Fail to Learn From History Are Doomed to Repeat It'

08/28/2014

  ‘Those who cannot remember the past are condemned to repeat it.’ (George Santayana-1905). In a 1948 speech to the House of Commons, Winston Churchill changed the quote slightly when he said (paraphrased), ‘Those who fail to learn from history are condemned to repeat it.’…

Domestic Pecan Consumption Continues to Increase

07/23/2014

  Normally I would not post two Pecan Market Updates within a week of each other, but due to numerous calls I’ve received since the release of the June Cold Storage Holdings yesterday, I felt it would be helpful to do so. When looking over the cold storage report, and after…

USDA Releases Final 2013 Pecan Crop Figures

07/17/2014

  The USDA published the long awaited, much anticipated, 2013 final crop figure.  They estimated the 2013 pecan crop to be 266.3 million pounds (inshell basis). While earlier industry estimates had put the crop as low as 170 million pounds, based on Customs and Foreign Ag Statistics Data…

Pecans Continue to be the "Best Buy' for the Money

06/24/2014

The Tri-State Growers concluded their annual meeting Friday with the first grower estimate of the 2014 pecan crop.  Using their figure, the 2014 US supply situation shapes up as follows (inshell basis):           …

US Pecan Consumption Continues at a Healthy Pace

05/08/2014

One cannot increase consumption without adequate supply.  Barring the introduction of artificial outside influences such as price supports, protective tariffs, etc., this is always true. Keeping that in mind, as statistics go, March was a very good month for the Pecan industry.…

Near Record February Pecan Cold Storage Holdings

03/21/2014

  While the industry will not get a formal USDA crop estimate until July, with each passing day it is becomes more apparent that this year’s crop was much larger than originally forecast. Not only does it appear that Mexico had a larger than originally projected crop, but many within the…