Pecan Roaster's Make Big Push for the Chinese New Year

Pecan Roaster's Make Big Push for the Chinese New Year

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.

Pecan Prices Continue Upward Trend

Pecan Prices Continue Upward Trend

As the 2017-2018 pecan harvest continues forward across the southern US and Mexico, many new buyers and producers alike continue to watch the pecan markets very closely. With global demand for pecans continuing to rise pecan growers and shellers are reaping a bountiful reward.

Increased Pecan Acreage Needed to Meet Global Demand

Increased Pecan Acreage Needed to Meet Global Demand

The global pecan market has seen an increase in the pecan supply over the past 10 years, but not nearly enough to keep pace with demand. Pecan growers around the globe have been increasing acreage with new plantings, but the current pace is still insufficient to meet today’s market demands. As pecan growers in the US and Mexico are just beginning to harvest, many of the growers also have planting in the back of their minds.

China Pecan Inventories Very Low

China Pecan Inventories Very Low

Every year the Chinese people celebrate the coming of the new year with an annual Spring Festival that rivals any in the world. A large portion of businesses shut down and take leave to enjoy the activates of the New Year celebration. This year marks the year of the Dog, and the Chinese New Year activities begin on February 16, 2018 (China Standard Time) and will last around 15 days.

Chinese Roasters Prepare for Pecan Buying Season

Chinese Roasters Prepare for Pecan Buying Season

As in-shell pecan inventories dwindle in China, many of the nut roasters eagerly await the U.S. Pecan Harvest season in order to begin buying for the big push before the Chinese New Year celebrations......

Will prices fall after Chinese new year ?

Will prices fall after Chinese new year ?

With the Chinese New Year "cut off date" fast approaching this year, we have seen a slight uptick in the price of export quality pecans over the last month and a half; but many are concerned that the price will fall once the "early cut off date" has passed.