News Archive

News Archive

June Cold Storage Holdings and Texas Pecan Grower's 2020 Crop Estimate Highlight Continued Oversupply Situation

08/03/2020

With yesterday’s release of the June Cold Storage Holdings, the industry’s supply and consumption picture got a little clearer. When combined with the Texas Pecan Grower’s Association (TPGA) 2020 crop estimate, the supply situation shapes up as follows:           …

Pecan Exports Continue to Out-pace 2019 Levels While the Industry Wrestles With Supply Issues

06/23/2020

For those who might have missed it, the USDA NASS published the Noncitrus Fruits and Nuts 2019 Final Summary back on May 5, 2020. Historically, the crop final was published in July; however, to bring the report more into line with current planting and harvesting schedules, they published the…

Impacts of the American Pecan Council's Recent Revisions to Two-Years of Monthly Reports

05/22/2020

Under the Federal Marketing Order, the American Pecan Council is required to audit at least 25% of the handlers each year to ensure compliance with the order.  Not only do the audits ensure compliance, but it is an opportunity to increase dialogue between the industry and the organization…

Things Aren't As Bad as the March Cold Storage Figures Might Indicate

04/28/2020

Since the USDA’s release of the March Cold Storage Holdings, I have received numerous inquiries relative to the amount of product in inventory and the possible impact on pricing. Contrary to what one ‘less-than-reputable’ blogger has reported, there is no Sheller/Broker conspiracy to push prices…

February Pecan Cold Storage Holdings Spike to Historical Highs

03/27/2020

For the second month in a row, we have seen significant increases in the Cold Storage figures.  While there is some concern that the increase could be related to the COVID-19 virus, that does not explain the January jump.  Further, annual shipments to China, Korea and Japan are considerably…

While Consumption Continues to Increase, January Cold Storage Holdings Jump Unexpectedly

02/26/2020

Contrary to what was published last week by a less than reputable blogger, based on recently released USDA FAS data, and currently available crop information, both US pecan exports and US Domestic Consumption continue to rise.  According to the December FAS data, overall pecan exports are…

It's Time for the Pecan Industry To Get It's Head Out of the Sand

02/21/2020

Over the next few months, every major pecan industry association will be meeting to discuss the 2020 crop, prices, trade issues, the direction of the industry, etc.  As is normally the case, there will be a plethora of complaints about pricing, inconsistent yielding of inshell, imports from…

Shorter Supply, Quality Issues and Increased Consumption Lead to Higher Prices

01/24/2020

For those who are relatively new to the pecan industry, there was a time when the USDA NASS published a September, October and  December crop estimate as well as a January Preliminary Crop report and a June/July Crop final.  Due to budget cuts, and the cost of publishing that number of reports…

November Cold Storage Holdings Finally Drop Below Prior Year Levels

12/24/2019

For what has certainly been a year for the record books, yesterday’s Cold Storage figures were certainly encouraging.  For the first time since April 2018, there are less pecans in inventory than there were in the prior year. Yes, the harvest started late and shipments of Mexican inshell are…

The Pecan Industry Can No Longer Ignore a Certain Blogger

12/19/2019

Well it seems that Mr. Matthew Bailey just can’t seem to help himself.  As he has done on numerous previous occasions, he has again attempted to slander and defame the reputation of myself, Mr. George Martin and Navarro Pecan Company.  In an article published today on his website, he has again…