The pecan market has been quite steady for the past few years with a slight uptick in prices from year to, well this year could be the year that direction changes for American pecan farmers, as we are now only days from harvest.
The American Pecan Council meeting is currently in session at the Hyatt Regency at Dallas Fort Worth Airport. Today’s meeting started at 8:00 am (EST) and will last until after lunch today. The turnout has been quite good with 90% board members attending the meeting.
The United States Department of Agriculture’s National Agriculture Statistics Service released the July 2018 Cold storage report yesterday showing the current stocks of both in-shell and shelled pecans currently held in cold storage around the country.