Georgia Pecan Market Update

THOMASVILLE - Dec 4/07 - 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 moderate.  The overall movement noted a modest decline
in deliveries from the well managed orchards.  Demand was very good. Prices were
higher. Harvest operations continue throughout the state.  Rainfall was received
in a few areas on Monday but the overall amount was minimal.  Accumulation buying
points noted a decline in activity as the start of the week compared to last week.
Deliveries from growers of well managed orchards were mostly in the form of machine
harvested blends.  There was a noticeable decline in the movement and purchasing
of straightlot improved varieties.

Buying interest displayed by end users was generally considered very good on lighter
 offerings.  Despite the overall lighter volume available for sale, there were
moderate offerings bought and sold during the monitored marketing period.  Commercial
shelling firms, specialty shellers, and in-shell users continue to purchase available
supplies.  Trading was active. Grower purchases reported for Improved varieties were
mostly on lots with generally good quality and appropriate unit count. There were some
Instances of embryo rot observed on Stuart offerings.

Grower purchases on a meat cost basis for Desirable and similar varieties displaying
giftpack quality of high meat yield and low unit count per pound were in very light
supply and were nominally purchased in the range of $2.30-2.40 per point.  On improved
varieties such as Cape Fear, Stuart, and Sumner and other similar varieties displaying
good quality and good unit count per pound, purchases were mostly in the range of
$2.10-2.15 per point for partial trailerload lots less than 20,000 pounds.  There
were insufficient deliveries and purchases to establish a market on larger quantities.

Machine harvested blends of Improved varieties (purchased on a meat cost basis) of less
than 20,000 pounds with good unit count per pound and meat yield of 46% or better
were purchased mostly in the range of $2.00-2.10 per point although on Monday thru
Tuesday morning there were some lots with count per pound not exceeding 64 units
returning $2.15-2.20 per point.  Lots with high unit count per pound (generally above
70 count) were also purchased in significant quantities as low as $1.80 per point.
Lots of similar meat yield and good unit count over 20,000 pounds were purchased from
approximately $2.05-2.15 per point although on Monday thru Tuesday morning there were
some lots with count per pound not exceeding 64 units returning $2.20-2.25 per point
along with occasional higher prices.  Lots with high unit count per pound
(generally above 70 count) were also purchased in significant quantities as low as
$1.85 per point.

Prices paid to growers (Thursday afternoon, November 29, 2007 thru noon Tuesday,
December 04, 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.

Cape Fear (deliveries light, purchases reported Thursday and Friday) lots yielding
around 50% meat 102-105
Desirable Yard tree lots of generally good quality 70-90 occasional lower
Seedling 40% meat yield or better including yard tree lots of generally good quality
50-60 lots in excess of 1,000 pounds mostly 55-60 occasional higher
Stuart 46% meat yield or better 98-105, 44-45% meat yield 88-95 occasional higher,
yard tree lots of generally good quality 60-70 occasional higher
Sumner (deliveries light) lots yielding around 52% meat 105-112 occasional
lower and higher

Lots in excess of 20,000 pounds including trailer load lots:
Seedling Dealer and accumulator lots to end users 40% meat yield or better mostly
around 70 or the equivalent of $1.65-1.70 per point on a meat cost basis
Stuart Insufficient deliveries and purchases to establish a market
Sumner Insufficient deliveries and purchases to establish a market

NEXT REPORT IS SCHEDULED TO BE RELEASED ON THURSDAY, DECEMBER 06.

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STAT News Service