Pecan planting season has begun in the southern US. While most pecan growers have finished harvest, this time of year is used for planning new orchards and inter planting “skips” in existing orchards.
The pecan market has been on a bit of a roller coaster ride over the past few years with demand skyrocketing faster than pecan producers can plant new acreage. However the end of 2018 brought prices back into check when the trade war between China and the US escalated resulting in a 571% increase in the tariff paid on pecans entering the Chinese market when of US origin.
The American Pecan Council released its monthly pecan position report. In the pecan report you will find information for US Pecans exports as well as pecan imports into the US. The report shows just under 3 million pounds of in-shell pecans being shipped to Hong Kong, the first of the season to be shipped to China from the US.