Tuesday, December 06, 2011

Pecan Price Report: Georgia, Louisiana, Texas, Oklahoma, New Mexico, Arizona

AgFax.Com - Your Online Ag News Source


GEORGIA (via Thomasville, Georgia)

Deliveries were slow this week. Most of the deliveries were Blends. Prices have stabilized and are about steady from the previous week. Growers estimate that the harvest is around eighty percent complete throughout the state.

Demand is moderate to slow from the export trade to Asia and other markets, and moderate with domestic buyers. Some growers are sending the pecans to market, while others are preparing them for cold storage to sell after the first of January. Buying interest displayed by end users was moderate for in-shell giftpack use as they continue to use inventories on hand. Trading was strong for in-shell and giftpack uses.

When purchased on a meat cost basis small and large lots of Blends with meat yields of 46% or better (nut count under 65) sold in a range of about $4.50-5.00 per point, mostly $4.75-4.90. Blends with meat yields of 46% or better (nut count over 65 and under 80) sold in a range of about $4.20-4.90 mostly $4.43-4.75 per point. Blends with a smaller nut size over 80 count and meat yields of 47% or better sold in a range of about $4.20-4.30 per point.

High quality Improved varieties with appropriate nut counts sold in a range of about $4.70-5.10 per point, mostly $4.90-5.00. (To get price per pound use this formula: dollars per point X meat yield = cents per pound) (To get a per point figure: dollars per pound divided by meat yield = dollars per point)

Prices paid to growers (late afternoon Thursday, December 01, 2011 thru late afternoon Tuesday, December 06, 2011) at buyers delivery point or f.o.b. the orchard including direct sales

to end users, cents per pound in-shell of generally good quality in lots of 20,000 pounds or less unless otherwise stated.

Desirable yard tree lots of generally good quality 150-200 mostly 160 fair quality lower

Elliot yard tree lots of generally good quality 120-160

Moneymaker yard tree lots of generally good quality 100-140 fair quality lower

Schley yard tree lots of generally good quality 125-160

Seedling 40-43% meat yield140-170 yard tree lots of generally good quality 100-125 fair quality lower

Stuart yard tree lots of generally good quality 120-160 fair quality lower

Lots in excess of 20,000 pounds including trailer load lots:

Cape Fear deliveries insufficient to establish market

Desirables deliveries insufficient to establish market

Schley deliveries insufficient to establish market

Stuart deliveries insufficient to establish market

Sumner deliveries insufficient to establish market

THE NEXT GEORGIA REPORT WILL BE ISSUED ON TUESDAY, DECEMBER 06, 2011.

LOUISIANA (via Thomasville, Georgia)

Deliveries were slow this week as growers are deciding whether or not to take prices offered or wait until demand increases. Most sales are from the retail giftpack sector where demand is good and sales are strong. Buying interest displayed by end users was good for in-shell giftpack use, and fairly light for commercial sheller use. Prices were steady this week from commercial buyers. Trading is good for the giftpack in-shell business.

Prices paid to growers (late afternoon Thursday, December 01, 2011 thru late afternoon Tuesday, December 06, 2011) at buyers delivery point or f.o.b. the orchard including direct sales to end users, cents per pound in-shell of generally good quality in lots of less than 5,000 pounds unless otherwise stated.

Candies yard tree lots of generally good quality 125-150 mostly 130-140 occasional lower

Desirables yard tree lots of generally good quality 130-175 mostly 160 occasional lower

Elliot yard tree lots of generally good quality 125-165 mostly 130-145 occasional lower

Natives 42% meat yield or better 160 38% meat yield 130-140 occasional higher yard tree lots of generally good quality 90-130

Stuart yard tree lots of generally good quality 130-150 occasional higher and lower

Lots in excess of 20,000 pounds including trailer load lots:

Desirables deliveries insufficient to establish market

Natives 42% meat yield or better 160

THE NEXT LOUISIANA REPORT WILL BE ISSUED ON THURSDAY, DECEMBER 08, 2011.

TEXAS (via Phoenix, Arizona)

TEXAS (Central, South, Eastern Areas)

Deliveries by growers to delivery points of Improved varieties were fairly light. Demand was moderate for good quality pecans. Prices paid to growers were generally unchanged. Harvesting for the season remained slow as Improved varieties are slow to becoming harvest ready, caused mainly by adverse weather conditions during the growing season. Harvesting is increasing for the Native varieties as the temperatures are decreasing, and harvesting is slowing for the season for Improved varieties. Harvesting is expected to increase now that the first freezing temperatures of the season have begun, thus allowing increased shuck split, tree defoliation and nut drop.

The weather forecast for the rest of the week calls for low temperatures in the upper 20s to low 40s and high temperatures in the low 50s to low 60s with a ten to twenty percent chance of precipitation on Friday, December 9 and Saturday, December 10, and a 30 to 40 percent chance of precipitation on Sunday, December 11.

Buying interest displayed by end users was moderate for in-shell, gift pack use, and moderate for commercial sheller use as shellers continue to utilize inventories on hand or make purchases from other production areas or wait for additional availability of nuts. Trading was very light for in-shell and gift pack uses.

Prices paid to growers at Texas delivery points or f.o.b. the orchard from noon Thursday, December 01, 2011 to noon Tuesday, December 06, 2011 cents per pound in-shell in lots less than 20,000 pounds, mostly small lots of 5,000-10,000 pounds.

Cheyenne (deliveries light) 56-57% meat yield 250-325 mostly 275.

Desirable (deliveries light) too few to establish a market.

Natives (deliveries light) yard tree lots 100; machine picked 140-150.

THE NEXT TEXAS REPORT WILL BE ISSUED ON THURSDAY, DECEMBER 08, 2011.

OKLAHOMA (via Phoenix, Arizona)

Deliveries by growers to buying points were light with most deliveries in small lots. Demand was fairly good for good quality pecans. Harvesting remained slow this week. Trade sources report some pecan quality problems due to pecan scab and pecan weevil damage.

The weather forecast for the balance of the week calls for high temperatures from the upper 30s to low 50s, with low temperatures in the upper 10s to upper 30s. Below freezing temperatures are anticipated in all areas of the state. There is a 10 percent chance of precipitation on Friday, December 9 and Sunday, December 11.

Buying interest displayed by end users was fairly good for retail in-shell, gift pack use, and moderate for commercial sheller use as shellers utilize inventories on hand or make purchases from other production areas, as well as wait for additional availability of nuts. There has been interest shown by China for exported pecans. Trading was light for in-shell and gift pack uses.

Purchases of Improved varieties displaying good quality, nut count and high meat yield suitable for in-shell and gift pack purposes were insufficient to establish a market and Native varieties were $4.00 per point in shell.

Prices paid to growers at Oklahoma delivery points or f.o.b. the orchard from noon Thursday, December 01, 2011 to noon Tuesday, December 06, 2011, cents per pound in-shell in lots less than 20,000 pounds, mostly small lots of 1,000-5,000 pounds.

Natives (deliveries light) machine picked 150.

THE NEXT OKLAHOMA REPORT WILL BE ISSUED ON THURSDAY, DECEMBER 08, 2011.

ARIZONA, NEW MEXICO AND WEST TEXAS (via Phoenix, Arizona)

Due to extreme weather conditions, including rain measuring from one half inch to one inch on Friday, December 2, two to five inches of snow on Monday, December 5, with temperatures dropping into the teens and reaching highs of 32 degrees on Tuesday, December 6 in the Las Cruces and El Paso regional areas, pricing is currently unavailable.

Weather forecast calls for low temperatures from the low 20s to mid-30s and high temperatures in the low 30s to mid-50s for the duration of the week, with a ten percent chance of precipitation on Wednesday, December 07.

End users have made purchases from other growing areas, including Mexico, or have utilized inventories on hand while waiting for harvest activity to commence.

Due to light deliveries and sales, no report will be issued on Thursday, December 8, 2011.

THE NEXT ARIZONA, NEW MEXICO AND WEST TEXAS REPORT WILL BE ISSUED ON TUESDAY, DECEMBER 13, 2011.

Mike Rafanan, local representative


3 Responses to Pecan Price Report: Georgia, Louisiana, Texas, Oklahoma, New Mexico, Arizona

  1. Socorro Meraz says:

    Looking for pecan buyers

  2. Robert says:

    Looking for historical pecan prices in Gerogia

    • Owen Taylor says:

      Start by asking your Extension agent for local buyers and accumulators. Prices will vary widely, depending on quantity and quality of what you have to sell. Good luck.

Leave a Reply

Name and Email Address are required fields. Your email will not be published or shared with third parties.

Sunbelt Ag News

    U.S. Rice: Planting Decisions Stalled; Alternative Crops Considered1-30

    AgFax Cotton Review: Harvest a Mixed Bag for Texas Growers; India Sells Off Stockpiles1-30

    Rice Market World: Prices Low – But More Positives Than Negatvies1-30

    AgFax Grain Review: Neonics Use Critical; Soybean Prices to Drop, Corn May Rally1-30

    Peanuts: Bankrupt Texoma Sells Mississippi Buy, Dry Facility1-30

    Florida Peanuts: Done Right, Rotation Adds Thousands Of Pounds1-30

    Grain TV: Soybean Year-to-Date Exports Lower than 20141-30

    Cleveland on Cotton: World Consumption Increases; Will U.S. Sell Out?1-30

    Rose on Cotton: Demand is Hot; Anticipate a Pre-Plant Rally1-30

    Biofuel Industry Threatened with Shutdown – DTN1-30

    DTN Livestock Close: Positive Day for Cattle1-30

    Welch on Wheat: Texas Conditions Decline, Still Above Average1-30

    Doane Cotton Close: Strong Exports Don’t Provide Strong Support1-30

    AFB Grain-Soybean Close: General Weakness Continues1-30

    AFB Cotton Close: Narrow Trade Ends Lower1-30

    AFB Rice Close: Hard Sell Off1-30

    Harvard Farm Boy to Show Fellow Students Real Farmers – DTN1-30

    Welch on Grain: Corn, Sorghum Continue to See Strong Exports1-30

    DTN Cotton Close: Tight Trade Ends at Midrange1-30

    2015 Is International Year of the Soils – Video1-30

    Catfish Production Acres Declined 10%1-30

    USDA: Peanut Price Highlights1-30

    DTN Grain Close: Late Corn Rally1-30

    Weekly Cotton Market Review1-30

    DTN Livestock Midday: Cattle Futures Bounce Higher1-30

    DTN Grain Midday: Corn, Soybeans Lead Drop1-30

    Farm Management: 3 Reasons to Praise A Job Well Done – DTN1-30

    Farming: Leaner Profits Drive Farm Loans – Not Equipment Purchases1-30

    Ethanol Remains Competitive as Gasoline Blend Despite Price1-30

    DTN Cotton Open: Futures Start off Lower1-30

    DTN Livestock Open: Aggressive Pressure to Continue1-30

    Bt Corn Hybrid Manufacturers May Face New EPA Rules1-30

    DTN Grain Open: Trade Begins Quietly Higher1-30

    Georgia Cotton: Glyphosate-Resistant Pigweed Fight Requires Vigilance1-30

    Keith Good: $4.8 Billion Hit to Farm Program Possible Over 10 Years1-30

    Mississippi River Locks – ‘Held Together with Baling Wire and Duct Tape’ – DTN1-29

    Senate Passes Keystone Bill, Unable to Get Supermajority – DTN1-29

    ELS Cotton Competitive Payment Rate Is Zero1-29

    California: New Robotic Weeder to Save Time, Money1-29

    Peanut Stocks: Utilization Up 6% from Last Year1-29

    U.S. Grain Transportation: Corn Inspections Highest Since October1-29

    North Carolina: Cotton Variety Performance Data Available1-29

    Texas Pecans: Trade Slow as Harvest Winds Down1-29

    Western Region Pecans: Light Deliveries, Harvest Nearly Done1-29

    U.S. Energy: Market Balances Seen in Changing Futures Price Spreads1-29

    Gasoline Prices: Average Declines Again1-29

    Propane Stocks: Down 1.9M Barrels1-29

    Diesel Prices: Average Drops 7 Cents1-29

    North Carolina: Feb. 4 Meeting Looks At Crop Mix, Marketing Decisions For 20151-28

    Biodiesel: Policy Incentives Necessary for Profitability1-28

    AgFax Peanut Review: Peanut Protein Cure for Nut Allergy?1-28

    DTN Fertilizer Trends: Fewer Pre-Purchases Than Normal1-28

    Ag Lenders’ Sentiment – Latest National Survey From K-State – (Audio)1-28

    Drones – The Next Big Tool in Agriculture1-28

    AgFax Rice Review: Govt. Action Requested Over Iraq Trade; Japan May Increase U.S. Imports1-28

    Seramas: Little Chickens With Great Personality1-28

    Ag Fuel Costs Likely to Dip, Chemicals to Rise in 2015 — DTN1-28

    Seed Companies Expected to Hold Line on Price Increases — DTN1-28

    Soybeans: Higher Protein Levels Mean Better Quality, Better Prices – DTN1-27

    Crop Insurance: Most Corn Farmers Opting for PLC – DTN1-27

    Soybean Rust Turns Up In Louisiana On Kudzu1-27

    Florida: AgSave Summit Meetings, Feb. 231-27

    Crop Insurance: Difference in Expected Program Payments1-27

    Wild Hogs: North Carolina Hunter Scores Record Kill1-27

    Soybeans: East Coast Winter Weather Is No Match for Biodiesel1-27

    Cotton: Industry Recognizes Utah Researcher For Cotton Genome Efforts1-27

    Corn and Soybean Market: Consumption is the Story1-27

    Sunbelt Ag Events

     

    About Us

    AgFax.Com covers agricultural trends and production topics, with an emphasis on news about cotton, rice, peanuts, corn, soybeans, wheat and tree crops, including almonds, pecans, walnuts and pistachios.

      

    This site also serves as the on-line presence of electronic crop and pest reports published by AgFax Media LLC (formerly Looking South Communications).

        

    Click here to subscribe to our free reports.

      

    We provide early warnings and confirmations about pests, diseases and other factors that influence yield. Our goal is to quickly provide farmers and crop advisors with information needed to make better and more profitable decisions.

         

    Our free weekly crop and pest advisories include:

    • AgFax Midsouth Cotton, covering cotton production and news in Alabama, Arkansas, Louisiana, Mississippi, Tennessee and Missouri.

    • AgFax Southeast Cotton, covering cotton production and news in Alabama, Florida, Georgia, North Carolina, South Carolina and Virginia.

    • AgFax Southwest Cotton (new for 2013!), covering cotton production and news in Texas, Oklahoma, Kansas and New Mexico.

    • AgFax West (formerly MiteFax: SJV Cotton), covering California cotton, alfalfa, tomatoes and other non-permanent crops in California's Central Valley.

    • AgFax Rice covering rice production and news in Arkansas, Louisiana, Mississippi, Missouri and Texas.

    • AgFax Peanuts, covering peanut production in Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Texas and Virginia.

    • AgFax Southern Grain: covering soybeans, corn, milo and small grains in Southern states.

    • AgFax Almonds, covering almonds, pistachios, walnuts and other tree crops in California's Central Valley.

    • AgCom 101, providing guidance to ag professionals involved in social media.

    Our newsletters are sponsored by the following companies: FMC Corporation Chemtura Dow AgroSciences.

          

    Mission statement:

    Make it as easy as possible for our community of readers to find and/or receive needed information.

              

    Contact Information:

    AgFax Media. LLC

    142 Westlake Drive Brandon, MS 39047

    601-992-9488 Office 601-992-3503 Fax

    Owen Taylor Debra L. Ferguson Laurie Courtney

          

    Circulation Questions?

    Contact Laurie Courtney