While pecan growers finish with harvest, the pecan meat market continues upward movement as buyers continue to compete for the limited supply. The last month has been hectic for North American Pecan Sheller’s scrambling to purchase in-shell pecan crop but some growers have decided not to sell…
As the New Year kicks off in US and Pecan Producers in North America work to finish what could be one of the largest pecan crops in recent years, the Chinese demand has slowed considerably and pecan growers have noticed in-shell pecan prices ….
The pecans have arrived and the roasting factories are working frantically to get their roasted cracked and flavored pecans out the door to be consumed and purchased as gifts for the upcoming holiday season and festivities in China.
The United States Pecan shelling industry has been in a state of constant expansion over the last decade, in an attempt to keep pace with growing demand around the world for the highly coveted pecan. Both in-shell and shelled pecan exports have continued to grow at break neck pace.
With pecan harvest in North America moving to the short rows, government restrictions have placed a large portion of the pecan supply under constraints. Growers now concerned it could take more than 4 months to lift the supply chain restrictions…
America and the pecan shelling industry as a whole, has long been dominated by a handful of large pecan sheller’s who’s shelling capacity can easily handle more than 100,000 pounds per day. The pecan shelling landscape however is quickly changing to one of more “mom and pop” style sheller’s dotted across the landscape
The pecan industry has seen impressive growth over the last ten years, with in-shell prices climbing from less than a dollar a pound to now averaging over 2.50 per in-shell pound, pecan growers have been harvesting big profits
Pecan growers in the western US have been hedging pecan trees for decades, the practice of hedging in west Texas, Arizona and New Mexico is nothing new. Pecans growers in these areas are accustomed to hedging practices and many growers have a hedging program they swear by. However, this is not the case in the southeastern US.