PECAN REPORT - PecanReport, com is the world's leading news organization covering the global pecan market. Providing up to date walnut prices, walnut industry. Consumer nut prices remain normal, according to Greg Fonsah, professor in the Department of Agricultural and Applied Economics at UGA. But the impact of Hurricane Michael in southwest Georgia from October 10 to 11 halved the pecan harvest that would have flooded the domestic market, maintaining consumer prices for the time being.
The supply of one of Georgia's most popular pecan varieties, “Desirable”, is expected to be drastically reduced following Hurricane Michael. This year's humid conditions, which make pecans more vulnerable to disease, prompted farmers to make up to 16 applications to “desirable” varieties and other varieties susceptible to scab. As the pecan season progresses, domestic shellers and buyers may begin to realize how short the harvest year is, and prices may improve, he said. Trees are grown in deep cells that pecans hate transplanting and are best planted as small container grown trees.
Hard-shelled pecan enthusiasts know that these nuts taste significantly sweeter than their shelled counterparts. Stuart Pecan is an old-time favorite and the most commonly grown variety in Georgia, which was instrumental in shaping the state's pecan industry. Most of Australia's pecan industry is located in northern New South Wales (NSW) and south-east Queensland (QLD). Some of these pecans are close to a five-cent coin each, said Geer, whose neighbor installed surveillance cameras after a robbery.
Australian pecans are harvested in the Northern Hemisphere out of season, which means fresh Australian produce can be shipped to major markets in the pre-Christmas season and, most importantly, in time for the Chinese New Year. However, it is most severe in southwestern and southeastern Georgia, where most of Georgia's pecan production occurs. For example, droughts and heavy rains in Texas last year could be an environmental factor affecting pecan supply. He said that before the hurricane, consumer prices were expected to fall because China's tariffs would drastically reduce Georgia's pecan exports to China, and the remaining supply could flood the domestic market.
Despite the low supply of pecans grown in Georgia, Georgia growers face lower prices for the remainder of the pecan harvest after Hurricane Michael. Crack open a Stuart nut in shell for the classic, slightly sweet flavor that's perfect for cheese boards, pesto and other savory recipes.
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