• Pecans July 13, 2018

    In the figures enclosed we see the US crop, imports (from Mexico) and consumption. What can we expect for 2018. So far all signs are positive (a good crop is expected) but as written before we still have some interesting months ahead of us and tropical storms and/or hurricanes can change the positive outlook, overnight.

    On top of this we have to significant/important remarks to make:

    • The ‘trade-war’ with China. China increased the import tariff again by Friday, July 6 by another 25% bringing the total tariff up to 47%. This might have serious impact on the demand for US Pecans into China. Having said that, the growing demand from Chinese consumers will be there and product is need to satisfy consumers so it might slow down but not diminish. As the Chinese buyers expect prices to come down in US they also stopped buying from South Africa and await better prices.
    • What will the impact be of the North American Free Trade Agreement on the import and processing of the Mexican pecannutkernels? As this free trade agreement is at risk now as president Trump would like to keep the processing of pecans in the US instead of cheaper processing out of Mexico. Importing kernels from Mexico will most probably become more expensive because of higher import tariffs.

    We would recommend to have a serious look at your positions and cover for the rest of the season and probably a certain percentage for new crop.Consuption US Pecans

  • Pecans October 06, 2016

    The prices for Pecannutkernels are just going up a little bit. First new crop shipments are committed and sellers/processors are working for January onwards shipment now.

    Hurricane Matthew is a danger for the USA pecannut crop when it would hit the state of Georgia. We will know this middle of next week. When it will hit the state of Georgia (one of the major pecan producing states) this will have an mpact on the crop. If not we expect prices to stabilize for shipments the first 3-5 months for 2017.

    Offers are available on request.

  • Pecannutkernels December 21, 2016

    Due to heavy demand for inshell pecans in the fields, prices for kernels, (halves and pieces) shot up like a rocket. Hopefully this demand will slow down a little bit and prices will stabilize. We do not expect prices to come down to levels booked earlier for new crop shipments. Our recommendation for the time being is to watch the market carefully but buy only hand to mouth for 1-2 months ahead.

  • Pecans January 26, 2017

    The crop is for approx. 95-97% sold to the processors. Therefore, it is expected that prices will stabilize around todays levels. Prices were pushed up as demand for raw seeds was significant. Also, the demand from China for inshell nuts increased although that market is covered now for new crop and expected only back in the market for Chinese New Year 2018 (out of the 2017 crop). Huge domestic sales are keeping processors busy. It is our recommendation to be covered until June/July at least.

  • Pecans February 9, 2017

    A stable market. Most of the raw material is bought from the farmers and in processors hands. As quite a good volume is sold already, we do not expect major changes in this market on the short term.

  • Pecans March 8, 2017

    USA: most of the crop is sold and in hands of the processors. A lot of the product is committed. Prices are stable and not much fluctuations are expected. Pecannutkernels become more and more popular in the US for industrial usage and I picking up with the European bakeries as well.

    South Africa: due to the weather conditions, crop is expected to be smaller but also have more defects. Most of the South African crop is sold as inshell to China (approx.. 85-90%). The smaller inshell nuts are processed into kernels and mainly used domestic. We have some quantities on offer for halves and for pieces. In case of interest, please advise.

  • Pecans April 6, 2017

    The prices of Pecannutkernels are more or less stable. The US crop is bought and shipped as inshell to China or in the hands of the processors. It is not expected that a lot will change in this market until the first new crop signs will be seen around July/August. Smaller halves are scarce and recommendable to cover while buyers have to work with a lead time of 4-6 weeks before shipment as especially the industrial market in US is using a lot of pecannutkernels at the moment.

    The South African crop will become available during June/July. Due to heavy rains, some varieties might have some quality issues. The majority (up to 90%) of the crop will be shipped as nuts inshell to China. The remaining part (not suitable for the Chinese market) will be shelled and mainly sold domestically.