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
In recent years the US Pecan Growers Council has been actively marketing US Pecans around the globe; several of the markets identified to have large growth potential are China, India, Turkey, South Korea, and Vietnam. While the organization has made progress in all these markets over the years the Indian market is one that many believe could have the biggest impact to pecan exports behind China.
Harvest season in the Southern US and Mexico is always a busy time of year. Pecan nut growers spend the entire year preparing for this time of year. This year has definitely held challenges for pecan growers and buyers alike.
As the 2017 pecan nut harvest season continues, pecan buyers around the globe continue to scour the southern United States to purchase pecans both in-shell and shelled. This year has seen many new buyers to the market, as many growers have reported having numerous new buyer inquiries and purchases.
As the 2017 – 2018 Pecan Nut harvest is getting well under way in the Eastern half of the US a battle of sorts is taking place behind the scenes. It’s no secret that most of the worlds shelled pecan nuts are consumed by the USA, & the European Union...
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.
Export and domestic sales have been increasing in the pecan meat markets for quite some time now. This increased growth in sales has had effects throughout the pecan nut market, for both in-shell pecans and the pecan meat market. As pecan, cold storage supplies dwindle in the US and Mexico, pecan sheller’s say that this year’s harvest just couldn’t come soon enough.
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.
Most pecan growers in the southeast region of the US have completed cleanup from the high winds of tropical storm IRMA, and have begun harvest. The earliest pecan crops have just come in and prices are off to a strong start.
As the world pecan market continues to grow, US pecan sheller’s current capacity is struggling to keep up with demand. This time of year pecan sheller’s from the US and Mexico watch the pecan market prices very closely
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.
To say that the 2017 pecan growing season has been a challenge would be an understatement. US Pecan growers have faced many obstacles throughout this season. Texas faced record flooding in the Houston area, while Georgia Pecan Growers lost an estimated 30 million plus pounds overall with some growers losing as much as 80% of their crop from the effects of tropical storm Irma.
Tropical storm Irma tore through the southern and middle parts of Georgia on September 11 with winds of 40 plus miles per hour, and recorded gusts up to 64 miles per hour, causing major damage to the Georgia pecan crop. As pecan growers continue to clean up and assess the damage, more accurate estimates of the pecan crop loss are coming in and Stuart pecan prices continue to climb as the crop gets shorter.
Tropical Storm Irma hit the South Georgia area on Monday September 11, 2017. The hurricane was downgraded to a tropical storm before making landfall in South Georgia; the predicted 100 + mile an hour wind only reached 40-60 mile an hour wind, but with the Georgia pecan crop only weeks from maturity, the crop is at one of its most vulnerable states when it comes to high winds.
The end of September is the early variety harvest with the majority of the varieties beginning harvest in October. This year’s upcoming harvest has buyers sharpening their pencils in hopes of getting their orders filled before the limited crop runs out on high demand.
The pecan pieces market has been on an upward trend for several weeks in a row and is yet to see signs of slowing. Many buyers and sheller’s alike wonder where the top is for the 2017 pecan pieces market.
The pecan nut industry will be holding several events during the month of September, starting with the National Pecan Sheller's Association's annual meeting which will be held in Portland Maine from the 6th - 9th. Meanwhile the Georgia Pecan Growers Association......
Hurricane Harvey made land fall between Port Aransas and Port O'Connor, Texas Friday night. The now, tropical storm, is wreaking havoc in Houston and other nearby areas with record amounts of rainfall now causing record flooding.....
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......
Pecan markets climb over the past few days as the concern of a smaller crop coupled with increasing demand has buyers seeking to get their contracts locked in before it’s too late, Georgia Pecan Sheller’s saying…….
What affects will Mexico’s pecan production, or lack thereof, have on the price of pecans in the global pecan market; with harvest, just around the corner many producers and buyers alike are seeking to answer these questions and more……