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Pecannutkernels March 8, 2018

The prices for USA Pecannutkernels are going up at the moment. Most of the raw material, approx.. 85% is sold to the processors and the remaining 15% is in hands of very strong processors who want to cash on their stock and selling only bit by bit. Therefore also kernel prices moved up and are not expected to ease again as the new crop will only become available during October. Therefore it is our recommendation to be covered until November/December. South African crop will become available during June/July and is mostly sold as inshell to China, upto 80-90%. In case of interest for inshell or kernels, please let us know.