As the western pecan harvest draws near completion in the US the eastern pecan growers are busy planting new orchards, and moving trees to new land in an effort to help put a dent in the ever-increasing demand for pecans around the globe.
2018 will be another big year for pecan tree plantings in the southern US, pecan tree nurseries reporting this is as the biggest since last year and they increased crop size yet again, but will the current rate of plantings be enough…
The American Pecan Industry will be holding multiple conferences across the country in the next 8 weeks and encourages all industry participants to join them for educational seminars, board meetings and networking.
The pecan meat markets opened stronger today on higher volume. As the first quarter of the 2018 pecan season continues on, many pecan industry professionals believe pecan meat prices will continue to rise into the second quarter.
We all know China is a big purchaser of pecans, or more simply put China is a big purchaser. This is of course due to the large population, if even a small amount of the population favors a particular product it can have a large impact on demand.
As the 2017-2018 pecan harvest season winds, down in the US and Mexico most growers have completed harvest and many have completed cleaning and sorting; but the pecan meat market is getting into full swing.
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.
On October 12, 2017 the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture released the Crop Production Report. In the Crop production report US pecan farmers reported their production acreage along with an estimate of their 2017 pecan crop production.
Just south of Fresno California in the small town of Kingsburg, Krinklaw Farm Services is building what looks like the future of the agriculture industry. The team there has been working for just over three years perfecting their newest invention that they believe will add much needed safety to the spraying process of orchards...
Last week we reported on the significant loss of the Louisiana pecan crop due to the adverse weather conditions in August during nut fill stage. Louisiana is predicting around a 50% plus crop reduction for this year. After that report went out, we were inundated with emails from pecan growers in Oklahoma and Texas stating that they too were seeing significant reduction in this year’s pecan crop.
In February of 2015 China announced that it would lower tariffs on US Pecan Imports into China by a whopping 14% from 24% down to 10%. This was a big win for the US Pecan Industry that has steadily increased pecan exports to China for years. Now with the lowered Pecan tariff at 10% pecan imports in China have continued the upward trend. The demand for pecans in China continues to grow as the US in now exporting more than one third of the pecans produced to China on a consistent basis, and growing.
The state of Louisiana has a long history with pecans, in fact Louisiana along the Mississippi river is where the native pecan trees to this continent were first discovered. Louisiana is one of the states listed in the commercial production areas for the new pecan marketing order. This year’s crop however seems to have suffered dearly to adverse weather conditions. Dr. Charles Graham of the Louisiana State University Ag Center was recently interviewed by the local KTBS on the conditions of this year’s crop and gave a report of his findings.
We wanted to take this time to say Happy Thanksgiving from our family to yours, we are very honored to serve the people and families of the pecan industry. Over the last 4 months your support has been overwhelming, your support has made PECANREPORT.COM the number one news organization in the pecan industry, in fact your support has made our viewership larger than all other pecan industry publications combined. We are both humbled and grateful, so thank you from the bottom of our hearts.
The 2017 pecan harvest season commenced in late September starting with early season varieties, Pawnee (PWN) in the southwestern US and Wichita (WICH) in northern Mexico. With the exception of tropical storm Irma hitting South Georgia just as Pawnee (PWN) began opening up, there has been good harvest weather across the southern US and northern Mexico allowing pecan growers to move rather quickly through pecan harvest.
Pecan growers in the Eastern United States continue to deal with damaged pecans due to the affects tropical storm Irma. As the harvest season continues along in the Southeast, growers in Georgia and Alabama continue to deal with the effects of damaged nuts left behind by tropical storm Irma.
Pecan season in the southern United States has gotten well underway for a large majority of the US pecan growers. In the southeastern United States pecan growers with early varieties such as Pawnee (PWN) or Money Maker (MM) started as early as late September to early October. Pecan growers in these regions have completed almost half of their 2017-2018 harvest activities
Since August of this year the US pecan shelling industry has imported over 37 million pounds* of pecans from Mexico according to the Department of Homeland Security Customs Border Protection; and as that number continues to grow American Pecan growers are beginning to feel the effects in the price of pecans locally.
While the American farmer continues to struggle make a profit, the industry as a whole says that there seems to be some small increase in farm profits but not enough to change the overall bleak outlook for 2018.
The American Pecan Council will be continuing its “Immersion Tour” here in the southeastern US. Earlier this year the American Pecan Council hired the international marketing firm Weber Shandwick to assist in the marketing activities of the American Pecan