Georgia Pecan Market Update

THOMASVILLE - Nov 1/07 - SNS -- The USDA updated pecan market conditions in the state of Georgia in today's Agricultural Marketing Service report.

Provided by:  Fruit and Vegetable Market News,
              Federal-State Market News Service, USDA.

Phone: (229) 228-1208    Fax: (229) 225-1516

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THOMASVILLE PECAN REPORT

PECANS - PRICES PAID TO GROWERS

Georgia   (via Thomasville, Georgia)

Deliveries by growers were heavy. Demand was moderate for lots
suitable for giftpack, fundraising, in-shell and commercial uses.
Prices were lower due to increased supplies. As the reporting
period came to an end on Thursday, prices showed a still weaker
undertone. With favorable mild, dry weather, harvesting continued
to accelerate in South and Middle Georgia during the reporting
period.  Accumulation buying points report an increase to heavy
amounts from yard tree nuts.  Most deliveries of Improved
varieties during the period were of the Desirable variety with
significant deliveries of Stuarts and Schley and few Cape Fear,
which were mostly of fair quality. Several other varieties,
including Elliott and Moneymaker, are being harvested mostly as
blends, which are also increasing in number.

Buying interest displayed by end users was moderate for the lots
suitable for giftpack, fundraising, in-shell and commercial uses.
Trading was moderate. Transactions reported for Improved
varieties were mostly for lots with generally good quality and
appropriate unit count. Buyers for giftpack and fundraising uses
were purchasing lots of Desirables with meat yield as low as
about 48%. When purchased on a meat cost basis, lots of
Desirables with meat yield of 49% or better mostly 49-51% sold
mostly for $2.75-2.90 per point with late sales as low as about
$2.60 per point and few early sales higher. Lots of Stuart with
meat yield of 44% or better mostly 44-46% sold mostly for about
$2.35-$2.55 per point with late sales as low as $2.25 per point
for smaller lots and occasional early sales higher. Sales
reported for Schley with meat yield of 56% or better mostly 56-
58% were mostly between $2.35-2.45 per point with sales of
smaller lots late in the reporting period as low as $2.25 per
point.

Machine harvested blends (purchased on a meat cost basis) of
Improved varieties of both less and greater than 20,000 pounds
with good unit count with meat yield of 47% or better mostly 48-
50% sold between $2.35-2.50 with late sales of lots under 20,000
pounds as low as $2.25 per point and a few sales early in the
reporting period higher, all depending on the individual
specifications of each lot. Lots of blends with meat yield as low
as 40% sold as low as about $2.00 per point.

Prices paid to growers (Tuesday afternoon, October 30, 2007 thru
noon Thursday, November 01, 2007) at buyers delivery point or
f.o.b. the orchard including direct sales to end users, cents per
pound in-shell of generally good quality in lots of 20,000 pounds
or less unless otherwise stated.

Desirable 52-53% meat yield few deliveries 140-154, 49-51% meat
yield 130-145 occasional 150 late sales low as 127, lots with
fair appearing kernels 120-125, yard tree lots of generally good
quality 90-100 mostly 90-95 occasional higher
Cape Fear lots with meat yield around 52% few 125-126, lots with
meat yield of 47% or better mostly 47%-49% 113-117
Elliott yard tree lots of generally good quality few 80-100
Moneymaker yard tree lots of generally good quality 60-65 mostly
60, fair quality 45-50, high unit count (above 70) 50
Schley 56% meat yield or better mostly 56-58% meat yield 126-138
mostly 131-135
Seedling yard tree lots of generally good quality 55-60 mostly 60
few 65
Stuart 44% meat yield or better mostly 44-46% meat yield 99-117
mostly 103-115 occasional higher, yard tree lots of generally
good quality 70-85 mostly 75-80 few 90 few 65

Lots in excess of 20,000 pounds including trailer load lots:
Desirable 52-53% meat yield few deliveries 146-154 occasional
higher, 137-146 occasional higher late sales low as 127, lots
with fair appearing kernels 120-125, 47-48% meat yield 118-125
few 130 occasional higher
Schley 56% meat yield or better mostly 56-58% meat yield 132-142
mostly 134-140
Stuart 44% meat yield or better mostly 44-46% meat yield 103-117
mostly 108-117

NEXT REPORT IS SCHEDULED FOR TUESDAY, NOVEMBER 06, 2007.

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STAT News Service