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Pecan Market Update for LouisianaBATON ROUGE - Jan 28/10 - 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. Weather conditions
had rain forecasted for part of this week, making it difficult to
harvest the remaining available nuts. Most accumulators and shellers
have indicated the season to wind up within the next two weeks.
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 decreased.
Prices paid to growers (from noon Thursday, January 21, 2010 through
late afternoon Thursday, January 28, 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) 40-42% meat yield 115-125
($2.74-3.00 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 deliveries and purchases were insufficient in number to establish
market price.
THE NEXT LOUISIANA REPORT WILL BE ISSUED ON THURSDAY, FEBRUARY 4, 2010
--- STAT News Service
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