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Georgia Pecans: Market Trending Lower with Slow Demand

Ernst Undesser
From USDA January 17, 2018

Georgia Pecans: Market Trending Lower with Slow Demand

Deliveries were light and the market is trending lower. Interest from the commercial shellers and accumulators for domestic trading is moderate to slow, while the export and retail gift-pack businesses are slow. Some offerings have gone into cold storage to be sold later.

Growers are about finished cleaning up the last of their lots including B grades and seconds and sending them to market. Most of the commercial buyers are open 3 days a week or have closed for the year.

Weather conditions in Georgia for the week has freezing temps and possible snow flurries in the northern areas and cool temps with rain expected in other areas of the state, then warming up for the weekend.

Blends with 42-48% meat yield (nut count 60-75) sold in a range of about $3.80-4.30 per point. Large lots of export quality Blends sold higher, but offerings were insufficient to establish market prices.

Prices paid to growers (late afternoon January 9, through late afternoon January 16, 2018) 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.

  • Desirables (deliveries very light) export quality 50-51% meat yield (nut count under 50) 260-270 yard tree lots 150-220 mostly 175-200
  • Moneymakers (deliveries very light) yard tree lots 100-125
  • Seedlings (deliveries very light) yard tree lots 100-130 fair quality 80
  • Stuarts (deliveries very light) export quality 45-48% meat yield 240-245 yard tree lots 100-125 few higher

Lots in excess of 20,000 pounds including trailer loads:

  • Desirables (deliveries very light) export quality 50-51% meat yield (nut count under 50) 260-270
  • Stuarts (deliveries very light) export quality 45-48% meat yield (nut count in the 50s) 240-245
Ernst Undesser
From USDA January 17, 2018