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Pecans: China shakes up the market

June 2, 2021 12:12 PM, Der AUDITOR
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ATLANTA. After China had largely withdrawn from the US pecan market during the trade dispute, there is now a clear upward trend again. Nevertheless, farmgate prices remain at a ten-year low.

New record for raw nut deliveries

In its latest report, the USDA estimates that US pecan stocks in cold storage are 30% below those of last year. These are shelled nuts that account for 85% of global exports, and the situation becomes evident by having a look at US April shipments. While stocks of shelled pecans fell by a good 7,700 mt in April, there was hardly any change in unshelled goods. Overall, market players report rising demand, which is positive for processors and traders, but is not yet reflected in commodity prices for

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