Nuts

Pecans: worst drought in 1,200 years

May 16, 2022 at 10:54 AM, Der AUDITOR
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SANTA FE/SACRAMENTO. Studies have found that the western parts of the USA are confronted with the worst prolonged drought in 1,200 years. Since water is restricted local farmers now have to make difficult decisions.

US food production to be cut

Not only have geopolitical tensions and the pandemic tested the resilience of farmers in the western US, especially in California, drought is also presenting a challenge. As the Smithsonian Magazine and others report the southwestern US is currently witnessing the worst drought in 1,200 years. Research conducted by the University of California shows that human-induced climate change is mainly responsible for this. Due to water restrictions many producers in California have no other option but to make big sacrifices according to Pecan Report. This is not only limiting pecan production but is also impacting US food production in general.

Nuts will be lost

Less snow and rain have necessitated water restrictions for farmers this year, not only in California but also in New Mexico, where most pecans are grown after Georgia. New Mexico is even set to produce more than Georgia, which witnessed a heavy hurricane season, this year. Although New Mexico's dry climate provides excellent conditions for growing pecans as it provides minimal disease and insect pressure, irrigation is required and as Pecan Report states funding is underway to extend production along the Rio Grande. The unprecendented drought will, however, have large scale impacts as the trees will shed their nuts to survive. Spot market prices in Europe have, however, remained fixed so far with Fancy Junior Memmoth Halves trading at USD 13.64/kg FCA Spain.

Pecans, USA

Sorte

EUR/kg

USD/kg

Shelled, Fancy Junior Mammoth Halves

13.00

13.64

Large Pieces

11.95

12.55

Small Pieces

11.85

12.45

FCA Spain

 

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