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Pecan Market Update for LouisianaBATON ROUGE - Feb 8/10 - 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
fairly 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 most of the week,
making it difficult to harvest the remaining available nuts. The excessive rain
has had an affect on the condition of the nuts, especially the thinner shelled
Improved varieties. Most growers, accumulators and shellers have indicated the
season should wind up rapidly within the next two weeks.
Demand is fairly good with buying interest from the domestic markets looking
for lots with fairly good quality and appropriate unit count. Mail order business
remains fairly strong while retail sales have slowed down. Interest from China
has decreased.
Prices paid to growers (from noon Thursday, January 28, 2010 through late afternoon
Thursday, February 4, 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 ($2.88-3.00 per
point),
yard tree lots of generally good to fair quality 80-85 poor quality low as 50-60
Stuarts (very light offerings) 40% meat yield or better 120 yard tree lots of
generally fair to good quality 85-100
Lots over 20,000 pounds including truck load lots
Natives deliveries and purchases were insufficient in number to establish market
prices.
LAST REPORT FOR THE SEASON.
--- STAT News Service
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