Demand is up but panicked pecan growers continue in-shell selling frenzy as buyers with cash can basically name their price, while the market is flooded with in-shell pecans from both the US and Mexico. The sell of has gotten so bad, even shellers are saying stop.
The US Pecan Growers Council along with the American Pecan Council both track and report the movement of pecans around the world. This is done for a wide variety of reasons; however, one reason is to identify healthy export markets as well as identify opportunities for other export markets that might be a good fit for the pecan.
We wanted to say Happy Thanksgiving, and would like to thank everyone that helps make PECAN REPORT possible. Our thoughts and prayers are with all of the farmers affected by the flooding in Texas and the Hurricane in the Southeast US…
The American Pecan Council has organized a “Pecan-A-Thon” where they will have celebrity host Wendi McLendon-Covey along with food bloggers hosting an online variety show where they will display new and traditional ways of using American Pecans in dishes as well crafts.
The Texas based pecan CO-OP run by DeWayne McCasland owner of Pecans.com and SNT Equipment, has come under much scrutiny by pecan growers from around the US since the CO-OP refuses to pay any of its growers for their pecans for more than five years now, claiming that the “pecan market is dead”.
Pecan growers in the Southeast are in the orchards this morning assessing the damage from the CAT 4 Hurricane Michael that ripped through last night causing excessive winds and dumping large amounts of rain in Georgia, Florida, Alabama and now making its way through the Carolinas.
As the 2018 - 2019 North American pecan harvest gets underway, the Elliot pecan, a favorite among consumers, is turning heads with demand for the tear drop shaped nut continuing to outpace current supply.
The USDA’s National Agricultural Statistics Service (NASS) released the monthly cold storage report yesterday September 24, 2018, and the In-shell and Shelled pecan inventory showed strong consumption of pecans.
This year the pecan market will be making what some are calling a major shift in the industry’s dynamics. Pecan growers across the US plan to harvest and clean their pecans at their usual breakneck pace,
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.