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Georgia Pecan Market UpdateTHOMASVILLE - Dec 6/07 - 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
TV_FV140
THOMASVILLE PECAN REPORT
PECANS - PRICES PAID TO GROWERS
GEORGIA (via Thomasville, Georgia)
Deliveries by growers were moderate. The overall movement remained
about the same from earlier in the week from the well managed orchards.
There was however a decline in volume of yard tree lots from the non-
managed orchards. Demand was very good. Prices were firm. Harvest
operations continue throughout the state and were at mostly active
levels with the presence of favorable weather. Deliveries from growers
of well managed orchards were mostly in the form of machine harvested
blends and to a much lesser extent straightlot Improved varieties of
Stuart and Sumner.
Buying interest displayed by end users was generally considered very
good. Aggressive bidding and purchasing was noted by a number of market
participants. Commercial shelling firms, specialty shellers, and in-
shell users continue to purchase available offerings. Trading was very
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
around $2.40 per point. On improved varieties such as Stuart, Sumner
and other similar varieties displaying good quality and good unit count
per pound, purchases were mostly in the range of $2.15-2.20 per point
for partial trailerload lots less than 20,000 pounds. On lots in excess
of 20,000 pounds, purchases were mostly in the range of $2.20-2.25 per
point.
Purchases of machine harvested blends of Improved varieties
(purchased on a meat cost basis) of less than 20,000 pounds with meat
yield of 46% or better and count per pound between 45-60 units were
mostly in the range of $2.00-2.10 per point. There continues to be some
purchases returning $2.15-2.20 per point on low unit count offerings
suitable for in-shell use. High unit count per pound and lower meat
yielding lots were purchased as low as $1.85 per point. Lots in
excess of 20,000 pounds were purchased from approximately $2.10-2.20 per
point, mostly $2.10-2.15 per point, on lots yielding from 46-50% meat
and count per pound between 48-56 units. There were some lots
containing a high Desirable percentage purchased as high as $2.30 per
point. Lots with high unit count per pound (generally above 70 count)
were purchased as low as $2.00 per point.
Prices paid to growers (Tuesday afternoon, December 04, 2007 thru noon
Tuesday, December 06, 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 Insufficient deliveries and purchases to establish a market
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 some 65
Stuart 46% meat yield or better 98-105 some 5,000-10,000 pound lots low
as 92, lots yielding around 44% meat 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 generally 42-44% meat
yield 71-74 few best higher or the equivalent of $1.70-1.75 per point on
a meat cost basis
Stuart 46% meat yield or better 98-105 occasional best higher, lots
yielding around 44% meat 90-103 occasional higher
Sumner (deliveries light) lots yielding around 52% meat 110-117
occasional lower
NEXT REPORT IS SCHEDULED TO BE RELEASED ON TUESDAY, DECEMBER 08.
--- STAT News Service
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