American Pecan Council Cancels December USDA Pecan Crop Estimate
12/09/2021
For over twenty years, I have advocated the need for a strong industry marketing order, if for no other reason than to provide the industry with a unified approach to marketing…
USDA Issues First 2021 Pecan Crop Estimate
10/12/2021
The USDANASS (National Agricultural Statistics Service) issued the first ‘official’ pecan crop estimate of the 2021 crop year. Unfortunately, it was considerably lower than…
From the "Hen' House - Available Supply Falls in the Face of Record Consumption
09/02/2021
Last week, the National Pecan Sheller's Association concluded their first 'in person' meeting in almost 18-months with their estimate of the 2021 crop. Based on a survey of their memebership, as well as those in attendance, they are predicting a 2021 US crop of 322,925,000 inshell pounds,…
Pecan Consumption Nears 600 Million Pounds in the Face of Short Supply
08/04/2021
On July 20th, the Texas Pecan Growers Association closed their annual meeting with the first crop estimate of the 2021 pecan crop. Based on their membership, they estimate the crop to be 297 million pounds (inshell basis), down 1.8% from last year. Using NASS cold storage data, FAS…
"To Be or Not To Be.." That is the Question
06/11/2021
“To be, or not to be…” is one of the most well-know and quoted phrases in history. The opening lines of Prince Hamlet’s soliloquy from Scene 1, Act 3 (the ‘nunnery scene’), where Hamlet contemplates death and suicide, could be used as a warning to the US Pecan Growers who, for…
Pecan Consumption Continues at Record Pace
05/14/2021
On May 5, 2021, the USDA released their final estimate of the 2020 pecan crop. Based on their data, the 2020 crop came in at 305.36 million pounds (inshell basis). Using NASS cold storage data, as well as APC inventory figures, the extrapolated supply situation shapes up as follows:…
03/29/2021
Last week’s release of the USDA Cold Storage holdings contained nothing but good news. Not only were the February holdings lower than the previous year, but it was also the first time in fifteen months that the figures were lower than the previous years’ holdings. Based on the February APC…
The Pecan Industry May Have Turned the Corner Even Without a Healthy Food Service Industry
03/08/2021
While it is still too early to say that the worst is behind us, recently available data would seem to indicate that the industry may have finally turned the corner. Based on January USDA FAS data, as well as USDA NASS Cold Storage figures, it would appear that for the 2020 crop year, overall…
The Pecan Market Continues to Firm Even with a Larger Than Projected Mexican Crop
01/25/2021
On January 21, 2021, the USDA released their 2020 preliminary crop production forecast projecting a final crop of 302.35 million pounds (inshell basis). This will be the last USDA estimate until they publish their final crop figures in June. Based on currently available information, the supply…
Prices Firm as the Poor Quality of the Mexican Crop Leads to Shortages of Large Halves
12/22/2020
On December 10th, the USDA released their December Crop Forecast estimating the US Pecan Crop at 306.5 million pounds (inshell basis). This is a 5% increase over their October estimate and 20% over last year’s crop. It is important to remember that the USDA only provides estimates…
