Pecans: in the middle of the pollination phase
May 4, 2022 at 4:09 PM ,
Der AUDITOR
North America is the most important growing region
North American pecan farmers are optimistic about the new season, even though it is still very early to make any statements here. The growing regions, which in the USA stretch from the southeast to the west coast and in Mexico occupy a large area of the state of Chihuahua, are jointly the largest growing region. They account for a large part of global pecan production. Georgia is the most important US growing state.
Weather is the key factor
The experts at Pecan Report are currently cautiously optimistic about nut development this year. The first green nuts are forming and the male catkins have developed and are pollinating the female ears. This pollination is very important for development, as studies by the University of Georgia show; if the trees are not properly pollinated at this time of year, nut set can drop by up to 30%. Considering the low crop of last year and the current favourable situation for the trees, everything points to a good crop year so far. Last year, some growers in Chihuahua had to deal with a massive water shortage, which caused the trees to drop most of their nuts. In the US, it is often natural disasters such as hurricanes that end putting a crimp in farmers' fortunes.
Prices on the European spot market have risen in recent weeks and currently stand at EUR 13.00/kg FCA Spain for US Fancy Junior Mammoth Halves.
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Pecans, USA |
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|
Type |
EUR/kg |
USD/kg |
|
Fancy Junior Mammoth Halves |
13.00 |
13.65 |
|
Large Pieces |
11.95 |
12.55 |
|
Small Pieces |
11.85 |
12.45 |
|
FCA Spain |
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Significantly higher shipments to Germany
Germany significantly increased its imports year-on-year in the period September 2021 to February 2022: at 2,064 mt, they were a good 35% higher. The USA remains by far the most important supplier, shipping 1,709 mt of pecans to Germany in this period, a good 34% more than in the same period last year. Mexico's shipments maintained their level, while South Africa and the Netherlands were able to increase their exports to Germany by 70.4% and 111.6% respectively.
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German pecan* imports, in mt |
|||
|
Supplier |
2020/21 |
2021/22 |
Diff. |
|
USA |
1,274 |
1,709 |
34.1% |
|
Mexico |
95 |
96 |
1.1% |
|
South Africa |
54 |
92 |
70.4% |
|
Netherlands |
43 |
91 |
111.6% |
|
Peru |
48 |
39 |
-18.8% |
|
Others |
14 |
37 |
164.3% |
|
Total |
1,528 |
2,064 |
35.1% |
|
Federal Statistical Office of Germany / Sep-Feb *08029910 Fresh or dried pecans |
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