The US Pecan Industry Needs More Than Just Marketing
April 04, 2024
One of the things that sets the Almond Industry apart from all of the other tree nuts is the strength and proactive nature of the Almond Board of California. Through their efforts, and those of many of its member growers (Blue Diamond, Wonderful, etc.), the board has established a set of quality standards, production practices and information systems that are accepted and used around the world.
When is the Pecan Industry Going to Wake Up?
March 08, 2024
Whether you want to believe the numbers or not, it is painfully obvious that the industry is severely short of product. Based on the recently released Cold Storage figures, there are only 205.7 million pounds of pecans in inventory; the shortest January inventory since 2012. Based on the APC’s recently released January Commitments numbers, of the 205.7 million pounds in inventory, 173.9 million pounds is committed. With only 31.8 million pounds available for sale until next fall, one is hard pressed to explain why sheller’s continue to sell kernels for less than $5/lb. or why growers can’t get more than $3.30/point for their inshell.
Cold Storage-Converted Total 2024
Industry Inventory Lowest Since 1992
January 25, 2024
Yesterday the USDA released two reports: the December Cold Storage Holdings and Pecan Crop production reports.
With respect to the Cold Storage Holdings report, the USDA reported that the industry had 129,069,000 million pounds (inshell basis) in Cold Storage at the end of December. Assuming that there are no changes to that figure in next month’s report, the industry is carrying the lowest inventory into January since 1992.
USDA November Cold Storage Holdings the lowest in 13 years
December 22, 2023
While I expect that few people will be reading this until later next week or early in the New Year, I felt that it would be nice to remind our industry of some of its recent history. Earlier this week I received a call from a Sheller that has been around for a lot longer than me.
2022 CY Consumption
USDA NASS Releases December US Pecan Crop Estimate
December 13, 2023
On December 8th, the USDA NASS released their December Crop Production Report. While their estimate of the crop showed a slight increase (251.5 million vs 248 million) in projected production over their October release, all available data continues to indicate that the industry is operating with the shortest supply since 2016. Based on currently available information, the North American supply situation shapes up as follows: