Pecans: exports to Asia increase by 70%

May 17, 2021 12:19 PM, Der AUDITOR
Play report as audio

ATLANTA. Both domestic and export demand in the US have increased significantly compared to the previous season. For most a reason to rejoice - only the farmers are not that happy yet.

Imports push commodity prices down

Pecan producers in the USA are still satisfied. The high demand continues, so that deliveries have increased by a good 27% year-on-year since the beginning of the season. However, the American Pecan Council (APC) also reports that the good figures have not yet been reflected in farmgate prices, so that farmers have not yet benefited from the positive situation. The problem is that cheap raw nut imports are preventing price increases for US farmers. The APC has used the past months to launch various social me

View related articles

Go to the News Overview
Sep 23, 2021
ANKARA/SACRAMENTO. In both Turkey and the USA, producers expect lower yields due to the ongoing "off-year"; however, extreme heat and drought in spring and summer have an additional negative impact on the crops.
Sep 22, 2021
SACRAMENTO/SANTIAGO. US walnut exports end the season well above last year's result, although shipments to traditional markets were only slightly off. Meanwhile, experts in Chile fear lower yields due to the drought.
Sep 21, 2021
ATLANTA. The harvest of the early pecan varieties has begun and producers can achieve good prices, not least due to the high demand from China. The fact that there are hardly any goods from the old crop left in the warehouses is also pushing prices up.
Sep 20, 2021
HANOI. As reported by the Russian customs office, the country imported about 50% more cashew nuts from Vietnam in the first half of 2021 than in the corresponding period of 2020. Vietnam also remains the most important supplier of German imports.