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Pecan Market Update for LouisianaBATON ROUGE - Jan 21/10 - SNS -- Pecan market conditions in the state of Louisiana are summarized in this report from the USDA.
Provided by: Fruit and Vegetable Market News
Federal-State Market News Service, USDA.
Phone: (229) 228-1208 Fax: (229) 225-1516
BO_FV140
LOUISIANA PECAN REPORT (via Thomasville, Georgia)
Deliveries by growers were very light, while interest and demand
remains strong. Accumulation buying points reported very few offerings.
Interest has been strong for offerings of good quality nuts, and
moderate for lesser quality. Any offerings delivered at the door with
indications of embryo rot, sprouting, mold and excessive moisture are
being turned away. Weather conditions had rain forecasted for most of
this week, clearing to sunny skies later in the week.
Demand is good with buying interest switching from the gift pack sector
and export business to the domestic side looking for lots with fairly good
quality and appropriate unit count. Mail order business remains strong while
retail sales have slowed down. Interest from China has slowed but is still
fairly strong.
Prices paid to growers (from noon Thursday, January 14, 2010 through late
afternoon Thursday, January 21, 2010) 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. All are machine harvested, unless otherwise stated such as yard tree
lots. Lots of Improved varieties (mostly blends) were insufficient in number
to establish market prices.
Natives (prices include Native/Blends) 38-40% meat yield 100-120 mostly 115-120
($2.60-3.00 per point), yard tree lots of generally good to fair quality 80-85
poor quality low as 50-60
Stuarts (very light offerings) yard tree lots of generally fair to good quality
85-100
Lots over 20,000 pounds
Natives 40% or better meat yield 116-120 ($2.88-3.16 per point)
THE NEXT LOUISIANA REPORT WILL BE ISSUED ON THURSDAY, JANUARY 28, 2010
--- STAT News Service
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