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Pecan Shipments Up 3.1% YTD

Note: the data used below is from the APC which may be inaccurate. Occasionally the data turns out to be only minimally inaccurate while other times it is significantly inaccurate, and we will only find out the accuracy of the data at the end of the crop year. However this is the data produced by the industry and what we have available. You can see a note about collection methods and accuracy on the first page of the report.

 

US pecan growers have shipped significantly less pecans as of the latest October report showing a decline in pecans received of 60.1% from the same time last year. The season begins reporting in September each year and runs through August. 

 

This season’s report through October shows a decline in pecans received from US pecan growers, last season growers had sent in around 55.4 million pounds by October and this season growers have only sent in around 22.1 million pounds representing a decline of 33.3 million pounds or 60.1% from same time last year. 

 

 

Pecan shipments to end users are up 3.1% for the year over last season. Pecan shipments for the American pecan industry are up 11.8% in the domestic market from 52.3 million pounds last year to 58.4 million pounds this season. 

 

Export shipments have fallen by 24.9% from 16.1 million pounds to 12.1 million pounds representing a decrease of approximately 4 million pounds. Shelled meat shipments are up by 13.2% or 7.7 million pounds while In-shell pecan shipments are down 59.5% or 5.6 million pounds. 

 

An interesting or somewhat surprising piece of the data shows that delivery of substandard pecans from growers has dropped this year by a significant amount. Of course since the deliveries are much less we expect substandard deliveries to be less. However as a percentage of total pecans delivered, substandard pecans have dropped significantly from 6.7% of pecans delivered last season (Sept-Oct) to only 0.93% of pecans delivered by growers this season. This is slightly surprising due to the fact that significant weather events in the southeastern US has damaged much of the crop in the area this season which might lead to increased substandard pecans, however that is not the case and the opposite is true according to the data from the APC.