January Cold Storage Figures Lowest in over Ten Years
03/03/2023
While the laws of supply and demand generally dictate market pricing, that is not always the case. Geo-political issues, natural disasters and other unrelated issues often act…
USDA Reduces 2022 Crop Estimate, Imports Continue to Lag
01/27/2023
In the past week, the USDA has released two sets of numbers that shed a little more light on the pecan market. On January 19th, USDA NASS released their preliminary…
USDA Reduces 2022 Crop Estimate
12/12/2022
This past Friday the USDA released their December estimate of the 2022 Pecan Crop (Crop Production Report). As expected, they reduced the projection from their October…
There is No Reason for the Industry to Panic
11/22/2022
The USDA released the October cold storage figures today. At 119.9 million pounds (inshell basis), the industry is carrying the lowest amount of inventory, for the month of…
USDA Releases first of their 2022 Pecan Crop Updates
10/12/2022
The USDA NASS released the first of their 2022 Pecan Crop forecasts today estimating the crop at 290.5 million pounds (inshell basis). While it is important to remember that…
June Cold Storage Holdings Indicate Smallest Carry-Out Since 2017
07/22/2022
The USDA NASS June cold storage figures released today continue to indicate that the industry will carry-out fewer pecans than a year ago, and fewer than any year since 2017. …
Texas Growers Estimate 2022 US Crop at 304 Million Pounds
07/15/2022
Earlier this week the Texas Pecan Growers Association closed the organization’s annual meeting with their estimate of the 2022 US Pecan Crop. At 304 million pounds, it is…
USDA Releases Final 2021 Crop Figure
05/20/2022
Like the weather, things often change overnight in the pecan industry. Back in January it appeared that the industry’s carryout would be the smallest in ten years. Consumption…
Kernel Exports Soar as Both the Mexican & US Crops Appear Larger Than Originally Forecast
03/30/2022
While prices remain firm in the face of tighter than expected supplies and a continued appetite for pecans, last week’s release of the February Cold Storage figures, as well as…
US Cold Storage Levels Hit 30-Year Low
01/28/2022
This past Monday, the USDA released the December Cold Storage holdings. While the figure showed a lower-than-expected inventory position, it should not have come as a surprise…
