Georgia Pecans: Growers Holding onto Remaining Stocks for Improved Prices
Deliveries and offerings have been very light. The harvest in Georgia is generally finished for the season. Some growers are holding their remaining pecans in storage, opting to wait for higher price offerings before making any marketing decisions for sales.
Most businesses have cut back hours for accepting pecans brought in for sale at the door, while some have closed or are doing business by appointment only.
Prices paid to growers (late afternoon Thursday, January 17, 2013 thru late afternoon Tuesday, January 22, 2013) 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 pecans in lots of 20,000 pounds or less unless otherwise stated.
- Current deliveries and sales have been insufficient to establish market prices.
THIS IS THE LAST GEORGIA PECAN REPORT OF THE SEASON FOR 2012. THE NEXT REPORT IS EXPECTED TO BE ISSUED LATE SEPTEMBER, 2013.
The ICE Dec and Mar contracts gave back 160 and 87 points on the week, respectively, as last week’s inversion between the two contracts gave way to partial carry. Well,