Louisiana Pecans: Growers Waiting on Enough Poundage for Best Prices
Deliveries for Improved varieties are too few to establish market price. The growers that are harvesting are waiting to get enough poundage together to get the best market price. Most of the movement is from retail sales and gift pack business. Yard tree lots are still very light, and prices are higher for Natives. The volume of this season’s crop is expected to be very low as compared to recent years.
Temperature lows for the week ranged in the high 30s to the low 40s while highs ranged in the low to mid 60s.
Prices paid to growers at buyers delivery point or F.O.B. the orchard including direct sales to end users, cents per pound in-shell for yard tree lots less than 20,000 pounds mostly 5,000 or less unless otherwise stated.
- Natives/Seedlings (deliveries light) yard tree lots 60-80 mostly 60-70 depending on size, quality and volume
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,