Georgia Pecan Prices: Buying Interest Is Slow

Weather forecast for the next ten days in the Southern and Central parts of the state show mild temps with evening lows in the 40s and daytime highs in the 60s with slightly cooler temps for the Northern areas. Rain is expected for Friday, January fourth. Flash floods in effect from previously heavy rains earlier in the week and from the holiday break. Some accumulators and shellers have closed for the season.

Growers with premium quality pecans have put them into cold storage while waiting for prices to rebound. Door and yard tree offerings are very light and most domestic buyers are closed for the season.

Blends with (nut count 50-65) and 42.5-50% meat yields sold in a range of about $2.84-3.29 mostly $2.90-3.05 per point. Blends with 35-39% meat yields sold in a range of about $1.80-2.05, 30-33% meat yields $1.50-1.60 per point. B grade lots with 25-35% meat yields $1.00-1.10 per point.

Buying interest for the export business is slow as well as the retail and domestic trade as some buyers are purchasing from other areas to fill orders. Offerings of Improved varieties and Native Seedlings are insufficient to establish market prices.


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