Nuts

Pecans: US stocks drastically reduced

April 26, 2021 2:33 PM, Der AUDITOR
Play report as audio

ATLANTA. Due to the very good demand for US pecans, stocks in cold stores are significantly lower than in 2020. Some shellers even have to import RCN.

Demand reaches all-time high

The pecan industry is one of the few that actually seems to be benefiting from the effects of the coronavirus pandemic. Since regular consumption of pecans is said to boost the immune system, demand has currently reached an all-time high, according to pecanreport. For this reason, February stocks in US cold stores have also dropped significantly by 14,987 mt compared to February 2020, which is a decline of almost 10%. Although pecan stocks in the USA have been steadily increasing since 2015, as more and more farmers are switchin

View related articles

Go to the News Overview
Nuts
Oct 4, 2022
NEW DELHI. Peanuts are not holding up to expectations in India. Good news, however, is that production is highly promising. Dangerous edible oil mixtures have prompted an alert to be issued.
Nuts
Sep 29, 2022
MADRID/SACRAMENTO. Spain's almond harvest is progressing, but yields leave much to be desired. Market players are also dissatisfied with the development of demand.
Nuts
Sep 29, 2022
ORDU. With the US dollar gaining in strength and the euro losing in value buying and selling hazelnuts has become even more difficult for suppliers in Turkey. There is also some good news concerning the crop.
Nuts
Sep 28, 2022
MANILA. The coconut market, like all other markets, has been badly hit by the crises in the world market. In addition, there is the typhoon season, which has already caused damage in the Philippines; all this will have an impact on prices.