Shedding Light on the Industry's Financial Woes
11/06/2024
This morning I was sent a link to a very well written blog post from the University of Georgia Pecan Extension, entitled ‘An Explanation of Current Pecan Prices,’ authored by Dr. Lenny Wells. An acknowledged expert, Dr. Wells focused on the apparent conundrum facing US Growers of limited supply…
USDA NASS Releases Only 2024 US Pecan Crop Estimate
10/14/2024
This past Friday, October 11, 2024, the USDA NASS released their first, and only, estimate of the 2024 US Pecan Crop. Based on their survey, which was…
A Reorganized NPSA Releases their 2024 US Pecan Crop Forecast
09/13/2024
Yesterday, the National Pecan Sheller’s Association concluded their abbreviated annual meeting with their estimate of the US Pecan Crop, as well as their view of the overall supply situation. Based on a…
The APC Votes NOT to Fund December USDA Pecan Crop Estimate or January Preliminary Crop Overview
08/22/2024
For over 100 years, the USDA has been the preeminent collector and publisher of commodity data. Grains, beans, corn, wheat, meat, eggs, lumber, etc., commodity buyers from…
Prices Continue to Firm as Projected Supply Remains Tight
07/26/2024
Yesterday’s release of the June Cold Storage Holdings hinted at a slight increase in consumption during the past month. Unlike May where inventories were 12.1% higher than May…
The Pecan Industry Can No Longer Afford to Act as the Banker to the Big Chains
06/25/2024
Today’s release of the May Cold Storage figures was not very reassuring. While inventories remain low, this was the fourth month in a row of inventory increases. With the continued wars in Ukraine and the Middle East, high interest rates and a fairly good crop in South Africa, it could be…
Final USDA 2023 Pecan Crop Estimate 13% Higher Than Previously Forecast
05/28/2024
Unbeknownst to many in the industry, on May 7th, the USDA NASS published the final 2023 US Pecan Crop estimate. Based on their data, the 2023 crop was 306.75…
The US Pecan Industry Needs More Than Just Marketing
04/04/2024
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…
When is the Pecan Industry Going to Wake Up?
03/08/2024
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,…
Industry Inventory Lowest Since 1992
01/25/2024
Yesterday the USDA released two reports: the December Cold Storage Holdings and Pecan Crop production reports. …