Nuts

Pecans: promising start to the new season

November 18, 2020 10:48 AM, Der AUDITOR
Play report as audio

ATLANTA. Market players in the US pecan market are talking about the best start of an export season in three years. Despite higher crop volumes, supplies could become scarce during the season.

Outstanding exports

In the USA, the new pecan nut season started in September and the harvest is still in full swing. As Pecan Report reports, the producers can be satisfied with the start of the season for the time being; after the 2019/2020 season has already ended with very good exports, so many pecans were shipped overseas in September that traders speak of the best start of an export season in the past three years. In general, November is one of the best months for pecan sales, as the holidays at the end of the year usually increase cons

View related articles

Go to the News Overview
Nuts
Nov 24, 2021
REUS/YAMOUSSOUKRO. According to the latest INC production estimates, Côte d'Ivoire has cracked the 1 million mt production mark this season. Due to lower freight costs, African origins can score with European buyers.
Nuts
Nov 23, 2021
SACRAMENTO/REUS. The weak October exports are worrying US suppliers. Many buyers have taken the precaution of stocking up, and the rising Corona figures are not easing the market situation. In order to reduce their stocks, prices are being lowered further.
Nuts
Nov 23, 2021
REUS/CAPE TOWN. Although the International Nut and Dried Fruit Council (INC) anticipates a more than 5% rise in global inshell macadamia production this year, things did not go quite as well as expected in South Africa. Weather conditions were, by contrast, excellent in Australia and production has rebounded from Covid in Kenya.
Nuts
Nov 22, 2021
ORDU. With the central bank’s decision to cut the key interest rate by 100 basis points to 15% on Thursday the Turkish lira hit new record lows against the US dollar and the euro. While President Recep Tayyip Erdoğan is determined to slash interest rates against all reason, Turkey’s economy is left to scramble. Although hazelnut exporters should now be offering unbeatable prices, the situation is not quite as simple. Ferrero has recently also issued a new bid.