News Archive

News Archive

It's Time That Certain Segments of the Pecan Industry Enter the 21st Century

11/09/2020

While reading the October issue of The Pecan Grower magazine, I was struck by several comments in the article authored by Dr. Lenny Wells.  The one that jumped off the page was the comment on sheller participation on the Board of the American Pecan Council, “The biggest gripe most…

USDA Releases Final 2019 Crop Cold Storage Holdings

10/22/2020

The USDA released the September Cold Storage Holdings today, the final report for the 2019 crop.  While the industry may be entering the fourth year of a depressed market, there was good news in the numbers.  The following is an overview of the supply and consumption situation based on today’s…

Pecan Consumption Up

09/15/2020

While the 2019/2020 marketing year will probably go down as one of the strangest in history (someone suggested that if it were a movie, it would be the equivalent of Deliverance), there were a number of positives to come out of it. First, even with the Chines/US tariff, based on USDA…

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…